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Stock Market & Financial Investment News

News Breaks
February 24, 2014
12:09 EDTFNSR, CSCOFinisar drops after Piper urges 'caution' into earnings
Shares of Finisar (FNSR) are moving lower after Piper Jaffray in a note to investors earlier today said it is "increasingly cautious" heading into the company's March 6 earnings report. Piper believes Finisar is not likely to top earnings expectations given the declines its largest customer Cisco (CSCO) has seen in switching and routing. The firm lowered its price target for Finisar shares to $30 from $34 but kept an Overweight rating on the stock. Shares of Finisar are down 5%, or $1.19, to $23.35 in mid-day trading.
News For FNSR;CSCO From The Last 14 Days
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July 22, 2014
15:07 EDTCSCOEarnings Preview: Microsoft to report after Nadella makes big job cuts
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08:14 EDTCSCOCisco to establish Global IoE Innovation Center in Barcelona
Cisco and Barcelona City Council announced plans to open a Cisco Global IoE Innovation Center in Barcelona. The Innovation Center will provide a platform for research, technological development and new market opportunities related to the Internet of Everything for smart cities. The new 1,720 SQM Cisco center will be located at Ca l'Alier, a 19th century heritage building at the core of the 22@Barcelona district, as part of the new Smart City Campus. Based on its current plans, from 2015 to 2020, Cisco intends to invest close to $30M in the facilities' restoration, innovation lab, IT equipment, and talent acquisition primarily in engineering, application development and research.
July 15, 2014
08:35 EDTCSCOCisco announces multi-year sales, go-to-market agreement with Microsoft
Cisco (CSCO) announced a multi-year sales and go-to-market agreement with Microsoft (MSFT) designed to modernize data centers through the delivery and acceleration of integrated solutions. Cisco and Microsoft will both invest in sales, marketing and engineering resources to drive global alignment, while delivering deeper technology integration across cloud and data center markets. The companies will focus on integrating market leading technologies, including Cisco Unified Computing System, Cisco Nexus switching and Microsoft Cloud OS solutions including Windows Server, System Center, SQL Server and Microsoft Azure.
05:53 EDTCSCOStocks with implied volatility movement; CSCO WMT
Stocks with implied volatility movement; Cisco (CSCO) 23, Wal-Mart (WMT) 13 according to iVolatility.
July 11, 2014
09:43 EDTFNSRFinisar initiated with a Market Perform at Barrington
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