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Stock Market & Financial Investment News

News Breaks
November 13, 2012
16:37 EDTCSCOCisco reports Q1 adjusted gross margin 62.7%
Comment taken from the company's Q1 earnings conference call.
News For CSCO From The Last 14 Days
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June 17, 2013
10:23 EDTCSCOCisco moves higher, levels to watch
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09:01 EDTCSCOCisco has a conference call hosted by Deutsche Bank
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June 14, 2013
07:27 EDTCSCOTiVo volatility at historic lows after patent settlements
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June 13, 2013
16:41 EDTCSCOCisco reports 7.5% passive stake in Finjan Holdings
June 11, 2013
06:03 EDTCSCOStocks with implied volatility below IV index mean; CSCO GMCR
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June 10, 2013
07:17 EDTCSCOStorage Networking Industry Association to host conference
Storage Plumbing & Data Engineering Conference is being held in Santa Clara on June 10-12.
07:13 EDTCSCOFBN Securities to host a tour
4th Annual Semi-Annual Silicon Valley Technology Bus Tour travels throughout Silicon Valley June 10-11.
06:24 EDTCSCOStocks with implied volatility below IV index mean; CSCO TIVO
Stocks with implied volatility below IV index mean; Cisco (CSCO), TiVo (TIVO) according to IVolatility.
June 9, 2013
18:32 EDTCSCOCiena, F5 Networks, Oracle, Cisco could benefit from network war, Barron's says
As Internet content and means of distribution expand, Ciena (CIEN), F5 Networks (FFIV), Oracle (ORCL), and Cisco (CSCO) could benefit from the evolution of the network and any battles between telecommunications companies and Internet content providers, Barron's contends in its Technology Trader column. Reference Link
June 8, 2013
17:25 EDTCSCOIcahn, Southeastern prepare list of CEO candidates for Dell, Reuters says
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June 7, 2013
16:26 EDTCSCOOn The Fly: Closing Wrap
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12:57 EDTCSCOOn The Fly: Midday Wrap
The Wall Street averages were all up about 1% near midday after the monthly jobs report beat forecasts. ECONOMIC EVENTS: In the U.S., the Labor Department reported employers added 175K jobs in May, beating expectations for 163K added jobs. The unemployment rate rose slightly to 7.6% in May from 7.5% in April, with the uptick attributed to more people entering the workforce. COMPANY NEWS: TiVo (TIVO) confirmed it had settled a patent lawsuit with Google's (GOOG) Motorola unit, Cisco (CSCO) and Time Warner Cable (TWC), as reported by media outlets yesterday. The company also doubled its stock buyback authorization, but TiVo shares, which had been higher yesterday on the initial reports, fell over 17% as the amount of money the company received in the deal fell short of analyst expectations. MAJOR MOVERS: Among the notable gainers were JinkoSolar (JKS) and Thor Industries (THO), which both gained over 10% following their earnings reports. Also higher were shares of Yum! Brands (YUM), which rose nearly 3% after UBS upgraded the stock to Buy. Among the losers were a number of companies that had hoped to convert to real estate investment trusts after the IRS formed a group to study issues relating to REIT conversions. Notably, Iron Mountain (IRM) fell almost 16%, Copart (CPRT) dropped over 6%, and Equinix (EQIX) slid over 5%. INDICES: Near 1 pm ET, the Dow was up 168.95, or 1.12%, to 15,209.57; the Nasdaq was up 35.12, or 1.03%, to 3,459.17; and the S&P 500 was up 15.41, or 0.95%, to 1,637.97.
09:27 EDTCSCOOn The Fly: Pre-market Movers
HIGHER: Concurrent (CCUR), up 9.2% after doubling its dividend... Christopher & Banks (CBK), up 9.1% after quarterly earnings, revenue beat expectations... Gamestop (GME), up 2.5% after Microsoft (MSFT) clarifies how games licensing will works on upcoming Xbox One system... Arena (ARNA), up 1.7% after saying Belviq weight-loss drug available in U.s. next week, triggering milestone payment. LOWER: TiVo (XXX), down 18.7% after announcing patent litigation with Google's (GOOG) Motorola, Cisco (CSCO) and Time Warner Cable (TWC), doubles stock buyback authorization... Iron Mountain (IRM), down 17.2%, Lamar Advertising (LAMR), down 8.3%, Equinix (EQIX), down 7.8%, CBS (CBS), down 2.1%, after IRS forms working group on REIT issues, which could delay some of those companies plans for or consideration of REIT conversion... Intel (INTC), down 0.8% following downgrade to Underweight at Piper Jaffray.
09:21 EDTCSCOCisco to pay $294M to TiVo in patent settlement
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08:22 EDTCSCOTiVo reaches $490M patent settlement, doubles share buyback
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06:00 EDTCSCOStocks with implied volatility below IV index mean; CSCO INFI
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June 6, 2013
11:41 EDTCSCOEZchip says business improving, holding talks on new product
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06:15 EDTCSCOStocks with implied volatility below IV index mean; CSCO MBI
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June 5, 2013
06:06 EDTCSCOStocks with implied volatility below IV index mean; CSCO MBI
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05:43 EDTCSCOTech firms applaud Obama patent move, WSJ reports
Technology companies welcomed the Obama administration's decision to enter the debate over patent litigation, seeing a chance to stem a flood of lawsuits they say is hurting innovation, reports the Wall Street Journal. Reference Link
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