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Stock Market & Financial Investment News

News Breaks
March 28, 2013
12:10 EDTCSCO, EMCCisco cut workforce by about 500 people this week, Network World reports
Cisco (CSCO) cut its workforce by about 500 people this week as it realigns its operations, Network World reported yesterday. A spokesperson said the company cut under 1% of its workforce globally. According to sources, Cisco's alliance with EMC (EMC) and other data center business development initiatives were affected. Reference Link
News For CSCO;EMC From The Last 14 Days
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March 3, 2015
08:54 EDTCSCOCisco participates in a conference call hosted by Oppenheimer
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05:56 EDTCSCOStocks with implied volatility below IV index mean; MSFT CSCO
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05:25 EDTCSCOCisco, Telecom Italia announce intent to enter cloud services agreement
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March 2, 2015
08:30 EDTEMCFBR keeps Outperform on EMC after report says no spin-off
FBR Capital maintains an Outperform rating on shares of EMC (EMC) after Reuters reported Friday that the company's management has deciding against spinning off its stake in VMware (VMW). FBR says that while the news is disappointing, it is not surprising. It also thinks the report could be a near-term positive for VMware, since it could remove the spin-off uncertainty. FBR notes EMC is having an analyst day on March 10.
06:18 EDTCSCOStocks with implied volatility below IV index mean; MSFT CSCO
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February 27, 2015
16:29 EDTEMCEMC decides against spinning off stake in VMware, Reuters reports
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15:57 EDTEMCEMC decides against spinning off stake in VMware, Reuters reports
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09:16 EDTEMCEMC to hold a conference call
VP-Product Management Josh Goldstein holds a conference call to discuss EMC XtremIO on February 27 at 1 pm. Webcast Link
February 26, 2015
10:20 EDTCSCORuckus Wireless will be in play if HP acquires Aruba, says Craig-Hallum
Craig-Hallum said Ruckus Wireless (RKUS) remains a likely takeout target following reports Hewlett-Packard (HPQ) may acquire competitor Aruba Networks (ARUN). Analyst Tony Stoss said if Hewlett is looking at Aruba, it should absolutely look at Buy rated Ruckus, which would also pressure Cisco (CSCO) to take a hard look at the company. Stoss says Ruckus has superior technology and exposure to the high growth service provider market with numerous catalysts ahead to drive shares higher.
05:47 EDTEMCAtos and EMC to further strengthen strategic alliance
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February 25, 2015
09:53 EDTCSCOCredit Suisse technology analysts hold an analyst/indusr
Analysts provide takeaways from Qualcomm, Cisco and Arista Networks on an Analyst/Industry conference call to be held on February 25 at 10 am.
09:25 EDTCSCOCisco, Apple among U.S. names cut from China state buying list, Reuters says
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February 22, 2015
18:09 EDTCSCOArista Networks shares could be a bargain, Barron's says
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February 17, 2015
17:13 EDTEMCPoint72 gives quarterly update on stakes
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11:25 EDTCSCOCisco partners with France to invest $100M in French startups, TechCrunch says
French Prime Minister Manuel Valls announced Monday a partnership with Cisco that will see the company investing $100M in French startups in coming years, reports TechCrunch, citing government statements and remarks by Cisco CEO John Chambers. The partnership also involves collaborating on cybersecurity, "smart" networks and cities, and an education initiative aimed at teaching network infrastructure to 200,000 people. Reference Link
05:52 EDTCSCOSony to establish alliance to promote Ultra HD technology, DigiTimes reports
Sony (SNE) is planning to form an alliance with 10 companies including Cisco (CSCO) and Rohde & Shwarz to boost IP-based Ultra HD video broadcasts, reports DigiTimes. According to industry sources, the alliance named IP Life Consortium will allow TV stations worldwide to set up Ultra HD infrastructure with lower costs. Reference Link

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