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Stock Market & Financial Investment News

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July 1, 2013
11:26 EDTCSCO, ALUCisco rises after firm says outlook improving
Shares of Cisco (CSCO) are climbing after research firm Piper Jaffray wrote that the company appears to be gaining momentum and raised its price target on the stock. WHAT'S NEW: Cisco is gaining momentum in a number of its main markets, Piper analyst Troy Jensen wrote in a note to investors. The company should benefit from strong sales to large companies and increases in capital spending by telecom companies, as well as problems at two of its competitors, Alcatel-Lucent (ALU) and Huawei, the analyst predicted. Jensen increased his price target on the stock to $28 from $25 and reiterated an Overweight rating. PRICE ACTION: In late morning trading, Cisco climbed 50c, or 2%, to $24.65.
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July 22, 2014
15:07 EDTCSCOEarnings Preview: Microsoft to report after Nadella makes big job cuts
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08:14 EDTCSCOCisco to establish Global IoE Innovation Center in Barcelona
Cisco and Barcelona City Council announced plans to open a Cisco Global IoE Innovation Center in Barcelona. The Innovation Center will provide a platform for research, technological development and new market opportunities related to the Internet of Everything for smart cities. The new 1,720 SQM Cisco center will be located at Ca l'Alier, a 19th century heritage building at the core of the 22@Barcelona district, as part of the new Smart City Campus. Based on its current plans, from 2015 to 2020, Cisco intends to invest close to $30M in the facilities' restoration, innovation lab, IT equipment, and talent acquisition primarily in engineering, application development and research.
July 15, 2014
08:35 EDTCSCOCisco announces multi-year sales, go-to-market agreement with Microsoft
Cisco (CSCO) announced a multi-year sales and go-to-market agreement with Microsoft (MSFT) designed to modernize data centers through the delivery and acceleration of integrated solutions. Cisco and Microsoft will both invest in sales, marketing and engineering resources to drive global alignment, while delivering deeper technology integration across cloud and data center markets. The companies will focus on integrating market leading technologies, including Cisco Unified Computing System, Cisco Nexus switching and Microsoft Cloud OS solutions including Windows Server, System Center, SQL Server and Microsoft Azure.
05:53 EDTCSCOStocks with implied volatility movement; CSCO WMT
Stocks with implied volatility movement; Cisco (CSCO) 23, Wal-Mart (WMT) 13 according to iVolatility.

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