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February 13, 2013
17:46 EDTCSCOCisco CEO: Tone among business and political leaders is 'cautious optimism'
On Cisco's (CSCO) Q2 earnings conference call, CEO John Chambers noted that in his recent conversations with global business and government leaders, the tone was "cautious optimism." Chambers did not, however, expect that optimism to translate into immediate GDP growth. He said the company's gross margins continue to be very stable, operating margins are strong, and expenses are growing in line with revenue growth. The global recovery in Europe continues to be soft, especially in the southern regions. On a positive note, Chambers said Enterprise and U.S. commercial orders continue to improve, which he thinks is an early indicator of future GDP growth. CFO Frank A. Calderoni said the company continued to see strong growth across all geographic regions, with the U.S. federal business continuing to be the most challenging in terms of market. Some stabilization was seen in Europe, but it was still too early to call it a recovery. Wireless continues to be one of the company's fastest growing businesses, with revenue growth of 27%, the fifth consecutive quarter of record revenue. Overall, management said it was confident with the financial model, believes Cisco is in a position of strength, and remains focused on execution.
News For CSCO From The Last 14 Days
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September 1, 2014
14:07 EDTCSCOCowen and Cisco to hold a conference call
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14:00 EDTCSCOCisco to hold a conference call
Vice President and General Manager-Computing Systems Perez discusses Cisco's new UCS innovations and portfolio expansion on a conference call to be held on September 4 at 12 pm. Webcast Link
11:13 EDTCSCOStephens to hold an investor trip
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August 31, 2014
13:27 EDTCSCOAT&T to hold a conference
16th Annual AT&T Cyber Security Conference will be held in New York on September 3-4 with webcast availability on September 4 at 9 am; Webcast Link
August 29, 2014
06:15 EDTCSCOCisco implied volatility of 13 at lower end of index mean range
August 27, 2014
12:13 EDTCSCOAruba Networks climbs after earnings beat prompts upgrades
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08:48 EDTCSCOAruba Networks upgraded to Overweight at Stephens
As previously reported, Stephens upgraded Aruba Networks (ARUN) to Overweight from Equal Weight and raised its price target on the stock to $25 from $22, citing the company's strong Q4 results and the firm's belief that Cisco (CSCO) has become increasingly less competitive over the last several quarters.
August 20, 2014
06:26 EDTCSCOCisco COO says annual layoffs 'wrong way to do it,' Business Insider reports
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August 19, 2014
11:05 EDTCSCOImperva seen as takeover candidate under new CEO
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08:42 EDTCSCOImperva new CEO has history of selling companies, says Sterne Agee
After Imperva (IMPV) appointed Anthony Bettencourt as its new CEO, Sterne Agee says that he has a history of selling companies. The firm believes that Imperva "would likely be an acquisition candidate" for a number of large tech companies such as Cisco (CSC), Juniper (JNPR), HP (HPQ), IBM (IBM), Check Point (CHKP), or F5 (FFIV). Sterne Agee believes that Imperva could be acquired for as much as $45 per share, and it keeps a Buy rating on the stock.

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