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Stock Market & Financial Investment News

News Breaks
May 12, 2014
06:19 EDTCSCOCisco's Guido Jouret resigns to pursue new opportunity, WSJ reports
Guido Jouret, the VP and general manager of Cisco's Internet of Things unit, has resigned to pursue a new opportunity, the Wall Street Journal reports. His last day at the company is May 16. Rob Soderbery, a senior VP who oversees Ciscošs enterprise networking and Internet of Things groups, will assume direct leadership of the latter group. Reference Link
News For CSCO From The Last 14 Days
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September 1, 2015
19:22 EDTCSCOAmazon, Google, Netflix, others establish alliance to develop new media format
Amazon (AMZN), Cisco (CSCO), Google (GOOG), Intel (INTC), Microsoft (MSFT), Mozilla and Netflix (NFLX) announced the formation of the Alliance for Open Media, "an open-source project that will develop next-generation media formats, codecs and technologies in the public interest." The alliance added that it is committing its collective technology and expertise to meet "growing Internet demand for top-quality video, audio, imagery and streaming across devices of all kinds." The alliance's initial focus is to deliver a next-generation video format that is interoperable and open; optimized for the web; scalable to any modern device; optimized for hardware; capable of highest-quality and real-time video delivery; and flexible for both commercial and non-commercial content, including user-generated content. The initial project will create a new, open royalty-free video codec specification based on the contributions of members, said the group. Additional information on the alliance will be available later this year. Reference Link
10:56 EDTCSCORBC Capital to hold a bus tour
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09:34 EDTCSCOActive equity options trading on open
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07:49 EDTCSCOData networking shares should be bought on weakness, says Bernstein
Bernstein says that Cisco (CSCO), Juniper (JNPR), and F5 Networks (FFIV) are down almost 10% recently, although they have "limited exposure" to China, according to the firm. Additionally, even in the face of wider macro economic weakness, Cisco "would still be protected by a positive product cycle momentum," while Juniper would be shielded by "the late cycle nature" of the spending trends of its service provider customers, according to the firm. Bernstein keeps Outperform ratings on all the stocks named.
August 31, 2015
14:05 EDTCSCOApple, Cisco announce partnership for 'fast lane' for iOS enterprise users
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11:03 EDTCSCOEricsson signs OSSii license agreements with Cisco and Tektronix
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August 28, 2015
16:18 EDTCSCOCisco CEO Charles Robbins adopts 10b5-1 trading plan
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07:17 EDTCSCOCoomunication tech stock drop likely a buying opportunity, says Wells Fargo
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August 25, 2015
09:35 EDTCSCOActive equity options trading on open
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August 21, 2015
12:13 EDTCSCOBrocade soars after Q3 results top estimates
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August 18, 2015
11:01 EDTCSCOScansource exercises LOI to acquire assets of KBZ
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