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Enterprise Information Roundup, Feb. 16


Shares up for

fifth straight day

Know-how corporations climbed Thursday as shares rose for the fifth day in a row. They’ve now recovered about half their losses throughout the market’s dramatic plunge earlier this month.

Tech bellwether Cisco Techniques jumped after it posted sturdy quarterly outcomes and introduced a giant inventory repurchase, whereas Apple rose after an analyst stated gross sales of the iPhone X in China are enhancing. Most different elements of the market climbed as effectively, with notable positive factors for industrial corporations and family items makers. Power corporations continued to wrestle.

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