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Cybersecurity firm Palo Alto projects strong annual billings, shares rally

Palo Alto Networks forecast annual billings above market estimates on Friday, in a sign that more businesses were turning to its integrated cybersecurity offerings to combat rising digital threats.Shares of the company jumped more than 8 per cent in extended trading, lifting rivals Zscaler and Fortinet by
Nikesh Arora Santa Clara Palo Alto Networks Check Point Software Technologies Check Point Research Visible Alpha

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National Australia Bank's third-quarter cash profit rises, announces $973 million buyback

A high interest rate environment has benefited Australian banks, but they now face headwinds from rising bad debt and increasing competition for mortgages. Last week, the country's biggest lender Commonwealth Bank of Australia posted record annual profit on the back of rising interest rates, but warned higher living costs were pushing up debt arrears and competition was squeezing margins. NAB's net interest margin - a key measure of profitability - slipped to 1.72% in the April-June ...
Ross Mcewan Shilpi Majumdar Upasana Singh Archishma Iyer National Australia Bank On National Australia Bank
Source: yahoo.com

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