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Stock Market & Financial Investment News

News Breaks
August 14, 2014
05:52 EDTBRCM, CAVM, CSCO, AVGOOpco sees Cicso results as favorable for supply chain
Oppenheimer expects Cisco's (CSCO) Q4 results and outlook to have a favorable response on the supply chain, especially Avago (AVGO) and Cavium (CAVM), which it notes are leveraged to cloud/hyperscale data center and networking. Opco says Cisco's enterprise strength bodes well for Avago, Broadcom (BRCM) and Cavium.
News For AVGO;CAVM;BRCM;CSCO From The Last 14 Days
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January 29, 2015
16:08 EDTBRCMBroadcom reports Q4 adjusted EPS ex-SBC 90c, consensus 87c
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15:37 EDTBRCMNotable companies reporting after market close
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10:00 EDTCAVMOn The Fly: Analyst Downgrade Summary
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08:11 EDTCAVMCavium firing on all cylinders, says Oppenheimer
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07:39 EDTCAVMJMP Securities downgraded Cavium on disappointing results
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07:28 EDTCAVMCavium price target raised to $74 from $65 at Canaccord
Canaccord raised its price target on Cavium to $74 from $65 following solid Q4 results. The firm expects continued strong sales growth in core wireless infrastructure, security, data center, and server products. Canaccord reiterated its Buy rating on Cavium shares.
07:27 EDTCSCOU.S. groups ask China to re-examine new cybersecurity rules, WSJ reports
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07:04 EDTCSCOChina implementing new requirements for some tech companies, NY Times says
China is forcing companies which sell computer equipment to Chinese banks to divulge secret source code and submit to audits, according to The New York Times. It is also requiring such companies to provide the government with access to hardware and software products, the newspaper indicated. Cisco (CSCO), Qualcomm (QCOM), and Microsoft (MSFT) have raised issues about accessing the Chinese market, while Apple (AAPL) is looking to increase its business in the country, the newspaper added. Reference Link
06:28 EDTCAVMCavium downgraded to Market Perform from Outperform at JMP Securities
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January 28, 2015
17:43 EDTCAVMCavium sees Q1 EPS 38c-40c, consensus 37c
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17:41 EDTCAVMCavium sees Q1 gross margin 65.7%
Comment from Q4 earnings call.
16:10 EDTCAVMCavium reports Q4 EPS 42c, consensus 41c
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January 27, 2015
07:46 EDTCAVMCavium Q4 results should beat expectations, says Oppenheimer
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January 23, 2015
09:02 EDTCSCOA10 Networks announces collaboration with Cisco
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January 22, 2015
11:32 EDTCSCOF5 Networks plummets after Q2 outlook trails estimates
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08:57 EDTCSCOIxia slides after Oracle unveils Virtual Compute Appliance X5
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05:53 EDTCSCOCisco price target raised to $33 from $26 at Piper Jaffray
Piper Jaffray raised its price target for Cisco to $33 saying it is more positive on shares after its 2015 survey of chief investment officers indicated managements expect to increase their budgets on Switching, Routing, WLAN and Security. Piper believes Cisco is well positioned for increased spending and reiterates an Overweight rating on the stock. The networking giant closed yesterday down 23c to $27.84.
January 21, 2015
18:27 EDTCSCOOn The Fly: After Hours Movers
UP AFTER EARNINGS: eBay (EBAY), up 2.9%... United Rentals (URI), up 1.5%. ALSO HIGHER: Minerva (NERV), up 16.1% after reporting positive Phase 1 data with MIN-202... Endo (ENDP), up 3.1% after it was announced that Endo will replace Covidien in S&P 500 as of 1/26 close... Covidien (COV) is up 1%. DOWN AFTER EARNINGS: F5 Networks (FFIV), down 15.8%... Xilinx (XLNX), down 6.1%... Discover Financial Services (DFS), down 3.3%... American Express (AXP), down 2.2%. ALSO LOWER: BioMarin (BMRN), down 2.5% after filing to sell 7.25M shares of common stock... Kinder Morgan (KMI), down 1.9% after announcing that it will acquire Hiland Partners for approximately $3B and reporting fourth quarter results... Cisco (CSCO), down 1.4% after Bloomberg reported that Oracle's (ORCL) Ellison said that Oracle's new Virtual Compute Appliance is cheaper than Cisco's product.
17:00 EDTCSCOCisco down 1.4% after Oracle's Ellison says VCA cheaper than Cisco product
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16:58 EDTCSCOOracle introduces Virtual Compute Appliance, Bloomberg reports
Oracle's (ORCL) Ellison says Virtual Compute Appliance is half the price of equivalent Cisco (CSCO) hardware, added Bloomberg, citing comments from an event at Oracle headquarters.
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