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Stock Market & Financial Investment News

News Breaks
July 1, 2013
11:26 EDTALU, CSCOCisco 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.
News For CSCO;ALU From The Last 14 Days
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November 26, 2014
07:23 EDTCSCOCisco management to meet with UBS
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November 25, 2014
16:18 EDTCSCOInfoblox names Jesper Andersen as CEO
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07:00 EDTCSCOCisco management to meet with UBS
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November 24, 2014
08:31 EDTCSCORambus licenseces security technologies to Cisco
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07:43 EDTCSCOCisco margins can remain around current level, says RBC Capital
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November 20, 2014
13:28 EDTCSCOCisco CEO says not interested in large deals, breaking up company
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08:19 EDTALUAlcatel-Lucent outlook has improved, says Bernstein
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06:07 EDTCSCOSpherix comments on pending settlement between Cisco, Rockstar Consortium
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November 19, 2014
07:40 EDTCSCOUBS to hold a conference
Global Technology Conference to be held in Sausalito, California on November 18-20 with webcasted company presentations to begin on November 19 at 10:45 am; not all company presentations may be webcasted.Webcast Link

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