|
News For LOW;TSN;BMTI;WMGI;ARUN;CSCO From The Last 14 Days Check below for free stories on LOW;TSN;BMTI;WMGI;ARUN;CSCO the last two weeks. |
|
|
| May 24, 2013 |
| 05:59 EDT |  | ARUN | Stocks with implied volatility below IV index mean; LIFE ARUN
 Subscribe for More Information |
|
| 05:57 EDT | | ARUN | Stocks with implied volatility below IV index mean; MBI ARUN
Stocks with implied volatility below IV index mean; MBIA (MBI), Aruba Networks (ARUN) according to IVolatility. |
|
| May 23, 2013 |
| 09:37 EDT |  | CSCO | Cisco to host a webcast
Subscribe for More Information |
|
| 08:09 EDT |  | LOW | Lowe's momentum encouraging, says RW Baird
Baird believes Lowe's recent momentum is encouraging despite disappointing Q1 results. The firm noted management's optimism regarding ongoing internal initiatives, the improvement in comps, and a housing tailwind as reasons to stay involved in the shares. Lowe's is Outperform rated and price target increased to $48 from $45. |
|
| 06:01 EDT | | CSCO | Stocks with implied volatility below IV index mean; CSCO MBI
Subscribe for More Information |
|
| 05:54 EDT | | ARUN | Stocks with implied volatility below IV index mean; IBM ARUN
Subscribe for More Information |
|
| 05:49 EDT | | CSCO | Cisco earnings upside could drives shares to $30, says Citigroup
Subscribe for More Information |
|
| May 22, 2013 |
| 12:20 EDT |  | LOW | On The Fly: Midday Wrap
Subscribe for More Information |
|
| 10:03 EDT |  | LOW | Lowe's rises after results in spite of miss, levels to watch
Subscribe for More Information |
|
| 09:29 EDT |  | LOW | Lowe's says comp sales improved as quarter progressed
Subscribe for More Information |
| |
| 08:59 EDT | | LOW | On The Fly: Pre-market Movers
Subscribe for More Information |
|
| 07:24 EDT | | CSCO | NetEvents International to host a summit
Subscribe for More Information |
|
| 06:04 EDT |  | LOW | Lowe's sees FY13 EPS $2.05, consensus $2.08
Subscribe for More Information |
|
| 06:02 EDT | | LOW | Lowe's reports Q1 SSS down 0.7%
Subscribe for More Information |
|
| 06:02 EDT | | LOW | Lowe's reports Q1 EPS 49c,c onsensus 51c
Reports Q1 revenue $13.09B, consensus $13.46B |
|
| 05:58 EDT | | ARUN | Stocks with implied volatility below IV index mean; IBM ARUN
Stocks with implied volatility below IV index mean; IBM (IBM), Aruba Networks (ARUN) according to IVolatility. |
|
| May 21, 2013 |
| 15:18 EDT | | LOW | Notable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Lowe's (LOW), consensus 51c; Target (TGT), consensus 87c; Staples (SPLS), consensus 27c; Toll Brothers (TOL), consensus 7c; Eaton Vance (EV), consensus 52c; American Eagle Outfitters (AEO), consensus 17c; Booz Allen (BAH), consensus 37c; |
|
| 15:16 EDT | | LOW | Lowe’s May 43 weekly straddle priced for 4.4% move into Q1
|
|
| 14:50 EDT |  | LOW | Wal-Mart among 19 large retailers to opt out of swipe fee deal, DJ reports
A group of 19 large retailers led by Wal-Mart (WMT) are opting out of a pending settlement with Visa (V) and MasterCard (MA) over swipe fees, reported Dow Jones, citing a statement from the companies. The group of merchants also includes Costco (COST), Starbucks (SBUX), Gap (GPS), Lowe's (LOW) and Nike (NKE), among others, and their announcement comes a week before a court deadline to object to and opt out of the proposed settlement, the report noted. Reference Link |
|
| 06:14 EDT | | ARUN | Stocks with implied volatility below IV index mean; IBM ARUN
Stocks with implied volatility below IV index mean; IBM (IBM), Aruba Networks (ARUN) according to IVolatility. |
| |
| May 20, 2013 |
| 13:01 EDT | | CSCO | Cisco hits session lows, levels to watch
The shares are down nearly 2%, last at $23.76. At that price, next support is at $23.32. Resistance is at $24.34. |
|
| 10:11 EDT |  | LOW | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Artisan Partners (APAM) downgraded to Market Perform from Outperform at Keefe Bruyette... Bank of America (BAC) downgraded to Market Perform from Outperform at Keefe Bruyette... Bed Bath & Beyond (BBBY) downgraded to Hold from Buy at Jefferies... BlackRock (BLK) downgraded to Market Perform from Outperform at Keefe Bruyette... Cavium (CAVM) downgraded to Market Perform from Outperform at JMP Securities... Charles Schwab (SCHW) downgraded to Underperform from Market Perform at Keefe Bruyette... Dunkin' Brands (DNKN) downgraded to Neutral from Buy at Longbow... Equifax (EFX) downgraded to Neutral from Buy at Goldman... Leap Wireless (LEAP) downgraded to Sell from Hold at Deutsche Bank... Lowe's (LOW) downgraded to Perform from Outperform at Oppenheimer... MicroStrategy (MSTR) downgraded to Market Perform from Outperform at JMP Securities... NetApp (NTAP) downgraded to Underperform from Neutral at RW Baird... NeuStar (NSR) downgraded to Neutral from Buy at Goldman... Red Hat (RHT) downgraded to Market Perform from Outperform at BMO Capital... Ruby Tuesday (RT) downgraded to Market Perform from Outperform at Wells Fargo... Synovus (SNV) downgraded to Sell from Neutral at Goldman... TD Ameritrade (AMTD) downgraded to Underperform from Market Perform at Keefe Bruyette... Thoratec (THOR) downgraded to Neutral from Buy at Goldman... CF Industries (CF) downgraded to Hold from Buy at Miller Tabak... Children's Place (PLCE) downgraded at Susquehanna... CarMax (KMX) downgraded to Market Perform from Outperform at William Blair... SanDisk (SNDK) downgraded to Neutral from Buy at Nomura... Red Hat (RHT) downgraded at BMO Capital... Rex Energy (REXX) downgraded to Hold from Buy at Stifel... Range Resources (RRC) downgraded to Hold from Buy at Stifel... Kansas City Southern (KSU) downgraded to Sell from Hold at Stifel... Capella Education (CPLA) downgraded to Hold from Buy at Stifel. |
|
| 09:40 EDT | | CSCO | Active equity option families trading
Subscribe for More Information |
|
| 07:42 EDT | | CSCO | Cohasset Associates to host a conference
National Conference on Managing Electronic Records is being held in Chicago on May 20-22. |
|
| 07:10 EDT | | LOW | Home Depot, Lowe's Q1 results to show Sandy's effects, WSJ reports
As Home Depot (HD) and Lowe’s (LOW) report fiscal Q1 results this week, the reconstruction phase from last year's superstorm Sandy will be looming large as cooler-than-normal temperatures delay spring selling, reports the Wall Street Journal.Reference Link |
|
| 06:15 EDT | | ARUN | Stocks with implied volatility below IV index mean; ARUN MBI
Stocks with implied volatility below IV index mean; Aruba Networks (ARUN), MBIA (MBI) according to IVolatility. |
|
| 06:09 EDT | | LOW | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: The New York Department of Financial Services yesterday sent subpoenas to Apollo Global Management (APO), Guggenheim Partners and Harbinger Group (HRG) as part of an investigation seeking more information on investments that back so-called fixed annuities, sources say, the Wall Street Journal reports...As Home Depot (HD) and Lowe’s (LOW) report fiscal Q1 results this week, the reconstruction phase from last year's superstorm Sandy will be looming large as cooler-than-normal temperatures delay spring selling, the Wall Street Journal reports...REUTERS: Danone Group (DANOY) will invest $417M in two deals with China Mengniu Dairy Co., marking a comeback for the French group in China where scandals have hurt confidence in food safety, Reuters reports...The Nikkei share average surged to a new 5 1/2 year high today, boosted by further weakness in the yen and optimism over the growth outlook after the Japanese government raised its assessment of the economy for the first time in two months, Reuters reports...BLOOMBERG: The longest decline in Treasuries this year has left U.S. government debt the cheapest since March 2011 when measured by real yields and the best relative value compared with German bunds in more than two decades, Bloomberg reports...As JPMorgan Chase’s (JPM) Jamie Dimon prepares for a vote Tuesday on whether he should keep his chairman and CEO titles, he may take comfort knowing that seven of the bank’s 10 largest owners are run by CEOs who are also chairmen, Bloomberg reports. |
|
| 05:55 EDT | | LOW | Lowe's downgraded to Perform from Outperform at Oppenheimer
Subscribe for More Information |
|
| May 19, 2013 |
| 18:59 EDT | | CSCO | Cisco looks the best out of tech comeback stocks, Barron's says
Cisco (CSCO), Intel (INTC), and Microsoft (MSFT) stocks have jumped this month, however, Intel and Microsoft's revenue growth declined, due to their reliance on the PC market, providing Cisco with an opportunity to pull ahead in the technology sector, Barron's contends in its Technology Trader column. Cisco looks moderately priced, the paper adds. Reference Link |
|
| May 17, 2013 |
| 16:21 EDT | | ARUN | On The Fly: Closing Wrap
Subscribe for More Information |
| |
| 16:00 EDT | | CSCO | Options Update; May 17, 2013
Subscribe for More Information |
|
| 14:03 EDT | | CSCO | Market set to finish week with gains after Cisco results, comments
Subscribe for More Information |
|
| 12:05 EDT | | ARUN | On The Fly: Midday Wrap
Subscribe for More Information |
|
| 11:59 EDT | | CSCO | Options with decreasing implied volatility: ILMN LO A HES INFY CSCO
|
|
| 11:39 EDT | | ARUN | High option volume stocks: GNK VNDA BYI ARUN BYI ILMN
Subscribe for More Information |
|
| 10:07 EDT | | ARUN | On The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Actuant (ATU) downgraded to Neutral from Buy at SunTrust... Aruba Networks (ARUN) downgraded to Perform from Outperform at Oppenheimer... CAE (CAE) downgraded to Sector Perform from Outperform at RBC Capital... City Holding (CHCO) downgraded to Market Perform from Outperform at Keefe Bruyette... Deere (DE) downgraded to Sell from Neutral at Goldman... Disney (DIS) downgraded to Neutral from Overweight at Atlantic Equities... HSBC (HBC) downgraded to Neutral from Outperform at Exane BNP Paribas... L Brands (LTD) downgraded to Underperform from Hold at Jefferies... Manning & Napier (MN) downgraded to Underperform from Neutral at BofA/Merrill... MeadWestvaco (MWV) downgraded to Underperform from Sector Perform at RBC Capital... National Grid (NGG) downgraded to Neutral from Outperform at Exane BNP Paribas... Savient (SVNT) downgraded to Market Perform from Outperform at William Blair... Stryker (SYK) downgraded to Reduce from Neutral at SunTrust... TRW Automotive (TRW) downgraded to Hold from Buy at Deutsche Bank... Universal Health (UHS) downgraded to Neutral from Positive at Susquehanna... Williams-Sonoma (WSM) downgraded to Neutral from Buy at BofA/Merrill... Zimmer (ZMH) downgraded to Reduce from Neutral at SunTrust... Aviva (AV) downgraded to Underperform from Sector Perform at RBC Capital... Pandora (P) downgraded to Hold from Buy at Maxim... Lumos Networks (LMOS) downgraded to Neutral from Buy at DA Davidson... Brocade (BRCD) downgraded to Underperform from Market Perform at William Blair... Applied Materials (AMAT) downgraded to Neutral from Buy at DA Davidson... Cosi (COSI) downgraded to Market Perform from Outperform at Northland Securities. |
|
| 09:43 EDT | | ARUN | Aruba Networks plunges further following results and guidance
Subscribe for More Information |
|
| 09:30 EDT | | ARUN | Aruba Networks volatility elevated into lower guidance
Aruba Networks overall option implied volatility of 56 is above its 26-week average of 50 according to Track Data, suggesting large near term price movement into preannouncing lower than expected Q3 EPS. |
|
| 09:11 EDT | | ARUN | Aruba Networks sell-off appears overdone, says Pacific Crest
Subscribe for More Information |
|
| 08:18 EDT | | ARUN | Aruba Networks downgraded to Sector Perform from Outperform at FBN Securities
|
| |
| 07:50 EDT | | ARUN | Aruba Networks valuation attractive, says JMP Securities
After Aruba Networks preannounced lower than expected Q3 EPS and the stock tumbled yesterday, JMP Securities reduced its price target on the shares to $17 from $21. However, the firm keeps an Outperform rating on the stock. |
|
| 07:40 EDT | | ARUN | Aruba Networks downgraded to Underweight from Neutral at JPMorgan
Subscribe for More Information |
|
| 07:35 EDT | | ARUN, CSCO | Aruba Networks downgraded to Hold from Buy at Stifel
Subscribe for More Information |
|
| 07:17 EDT | | ARUN | Aruba Networks downgraded to Neutral from Outperform at Wedbush
Note this is the seventh downgrade of the day. |
|
| 07:16 EDT | | ARUN | Aruba Networks downgraded to Hold from Buy at Needham
Subscribe for More Information |
|
| 07:00 EDT | | ARUN | Aruba Networks downgraded to Equal Weight from Overweight at Stephens
Subscribe for More Information |
|
| 06:35 EDT | | CSCO | Stocks with implied volatility below IV index mean; CSCO MBI
Stocks with implied volatility below IV index mean; Cisco (CSCO), MBIA (MBI) according to IVolatility. |
|
| 06:28 EDT | | ARUN | Aruba Networks downgraded to Neutral from Buy at Janney Capital
Note this is the fourth downgrade of the day following the disappointing Q3 report and guidance. |
|
| 06:28 EDT | | ARUN | Aruba Networks downgraded to Perform from Outperform at Oppenheimer
Subscribe for More Information |
|
| 06:16 EDT | | ARUN | Aruba Networks downgraded to Equal Weight from Overweight at Morgan Stanley
Morgan Stanley downgraded Aruba (ARUN) following the Q3 report citing decelerating revenue growth caused by Cisco's (CSCO) competitively priced bundling strategy. Note that Wells Fargo also downgraded shares this morning. |
| |
| 05:47 EDT | | ARUN | Aruba Networks downgraded to Market Perform from Outperform at Wells Fargo
Subscribe for More Information |
|
| May 16, 2013 |
| 18:56 EDT | | ARUN | On The Fly: After Hours Movers
UP AFTER EARNINGS: SINA (SINA), up 4.2%. ALSO HIGHER: Kansas City Southern (KSU), up 1.6% after it was announced the company would replace Dean Foods (DF) in the S&P 500 on May 23. DOWN AFTER EARNINGS: Autodesk (ADSK), down 6.5% after earnings, guiding its second quarter below expectations... Aruba Networks (ARUN), down 17.1% after earnings, guiding its fourth quarter below expectations... Nordstrom (JWN), down 3.5%... J.C. Penney (JCP), down 1.7%... Brocade (BRCD), down 2.4% after earnings, guiding its third quarter below expectations. |
|
| 17:23 EDT | | ARUN | Aruba Networks plunges after results and negative outlook for Q4
Subscribe for More Information |
|
| 17:05 EDT | | ARUN | Aruba Networks sees Q4 adjusted EPS 10c-12c, consensus 18c
Subscribe for More Information |
|
| 16:29 EDT | | CSCO | On The Fly: Closing Wrap
Stocks on Wall Street were lower following some disappointing economic data and a hint from a regional Fed president that the central bank may taper its easing program in the coming months. The averages traded in a narrow range for much of the session before moving lower in the final hour of trading. Comments by San Francisco Fed president John Williams late in the afternoon, suggesting that the central bank may begin slowing its bond buying pace by the summer, may have spurred the late session selling. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares added $2.66, or 12.54%, to $23.87 to lead the blue chip index after the company's results beat expectations on the top and bottom lines. Wal-Mart fell $1.36, or 1.7%, to $78.50 after its first quarter earnings sand second quarter outlook missed the consensus forecast... Tesla Motors (TSLA) last night announced a stock and debt offering of more than $800M, with CEO Elon Musk announcing his intent to buy $100M of the offering, and shares of the electric car maker added $7.36, or 8.67%, to $92.20. MAJOR MOVERS: Among notable gainers was Aegerion (AEGR), up $14.73, or 31.37%, to $61.70 after the company said its Juxtapid treatment may have a $1B global market opportunity and at least two analyst firms raised their price targets on its shares. Also higher was Constellation Brands (STZ), up $1.52, or 3.03%, to $51.76 after the stock was upgraded at Stifel and ISI Group. Among noteworthy losers following analyst downgrades were AMD (AMD), which fell 55c, or 12.56%, to $3.83 after Goldman downgraded the stock to Sell, and CSC (CSC), which slid $2.12, or 4.74%, to $42.59 after being cut to Hold at Deutsche Bank. Also lower following its quarterly report was NetQin Mobile (NQ), down 72c, or 7.5%, to $8.88. INDICES: The Dow was down 42.47, or 0.28%, to 15,233.22; the Nasdaq was down 6.38, or 0.18%, to 3,465.24; and the S&P 500 was down 8.31, or 0.50%, to 1,650.47. |
|
| 16:06 EDT | | ARUN | Aruba Networks acquires Meridian
Aruba Networks announced the acquisition of privately-held Meridian Apps. The Meridian enterprise software platform is targeted at public-facing enterprises, including casinos, hospitals, malls, stores, transport hubs, convention centers, museums and campuses, to help customers navigate these large, indoor facilities. |
|
| 16:05 EDT | | ARUN | Aruba Networks reports Q3 adjusted EPS 11c, consensus 15c
Subscribe for More Information |
|
| 15:14 EDT | | ARUN | Notable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include Dell (DELL), consensus 35c; Applied Materials (AMAT), consensus 13c; Nordstrom (JWN), consensus 76c; Autodesk (ADSK), consensus 45c; J. C. Penney (JCP), consensus (86c); SINA (SINA), consensus (3c); ViaSat (VSAT), consensus 2c; Brocade Communications (BRCD), consensus 15c; Aruba Networks (ARUN), consensus 15c. |
|
| 14:01 EDT | | CSCO | Options Update; May 16, 2013
Subscribe for More Information |
|
| 12:24 EDT | | CSCO | On The Fly: Midday Wrap
The S&P 500 was virtually unchanged at midday following a deluge of domestic economic data this morning. The S&P began the session in negative territory, but only moderately lower, after investors received a host of data prior to the open, including reports on jobless claims, consumer prices, and housing starts. ECONOMIC EVENTS: In the U.S., initial jobless claims rose 32K to 360K last week, compared to expectations for them to remain relatively stable at 330K. The consumer price index dropped a larger than forecast 0.4% in April, though the "core" CPI rate rose 0.1%, as expected. Housing starts were down 16.5% in April from the prior month, versus an expected decrease of 6.4%, though building permits jumped 14.3% from the prior month, beating an expected increase of 3.8%. The Philadelphia Fed General Business Conditions Index for May came in at -5.2, versus expectations for a +2.2 reading. COMPANY NEWS: Earnings reports from two Dow members, Wal-Mart (WMT) and Cisco (CSCO), sent their shares in opposite directions. Cisco shares advanced 12% to lead the blue chip index after the company's results beat expectations on the top and bottom lines and prompted price target increases at several analyst firms. Wal-Mart, in contrast, lagged all Dow names, sliding 2% after its earnings for the just ended quarter and its view of the current quarter missed the consensus forecast... After the closing bell, Tesla Motors (TSLA) said it intends to raise about $830M by offering 2.7M common shares and $450M in convertible senior notes. CEO Elon Musk will buy $100M worth of the stock and debt, the company said, and its recently high-flying shares rose another 6%. MAJOR MOVERS: Among the notable gainers rising following Cisco's better than expected results and commentary were Ciena (CIEN), which rose 8%, and Cavium (CAVM), which advanced 4%. Also higher were shares of NetApp (NTAP), which gained over 6% after Bloomberg said activist investor Elliott Management has taken a stake in the company and is pushing its board to explore ways to boost shareholder value. Among the noteworthy losers were Oncothyreon (ONTY), which fell 20%, and Biomarin (BMRN), down 5%, after both pharmaceutical companies, among a number of others, published data to be presented at ASCO, an annual meeting of oncologists. Also lower was AMD (AMD), which declined 14% following a downgrade to Sell at Goldman Sachs. INDICES: Near noon, the Dow was up 12.47, or 0.08%, to 15,288.16; the Nasdaq was up 8.74, or 0.25%, to 3,480.36; and the S&P 500 was nearly flat at 1,658.80. |
| |
| 10:44 EDT | | CSCO | Cisco results give boost to semiconductor names
Subscribe for More Information |
|
| 09:48 EDT | | CSCO | Cisco gaps up and spikes higher in early trading following results
Subscribe for More Information |
|
| 09:36 EDT | | CSCO | Active equity option families trading on open
Subscribe for More Information |
|
| 09:19 EDT | | CSCO | On The Fly: Pre-market Movers
Subscribe for More Information |
|
| 09:04 EDT | | CSCO | Cisco results positive for semiconductors space, says Brean Capital
Subscribe for More Information |
|
| 09:00 EDT | | CSCO | Cisco rises 12.9%
Cisco is up 12.9%, or $2.73, to $23.94 |
|
| 08:18 EDT | | CSCO | Cisco price target raised to $28 from $25 at Goldman
Subscribe for More Information |
|
| 08:14 EDT | | CSCO | Cisco price target raised to $27 from $25 at FBN Securities
Subscribe for More Information |
|
| 08:14 EDT | | CSCO | BofA/Merrill's tech analysts hold an analyst/industry conference call
Subscribe for More Information |
|
| 08:13 EDT | | CSCO | Cisco shares should rise further, says Sterne Agee
Sterne Agee believes that Cisco outlined a more upbeat outlook after the company reported Q3 results that the firm views as strong and provided in-line Q4 EPS guidance. The firm keeps a Buy rating on the stock. |
| |
| 07:15 EDT | | CSCO | Cisco execution, environment improving, says RBC Capital
After Cisco reported stronger than expected Q3 results, RBC Capital believes that the company's business has rebounded. The firm thinks the company's Q4 guidance was better than feared, and it keeps an Outperform rating on the stock. |
|
| 07:07 EDT | | CSCO | Cisco results positive for communications semi space, says William Blair
Subscribe for More Information |
|
| 06:23 EDT | | CSCO | Cisco price target raised to $26 from $24 at Wunderlich
Wunderlich raised its price target for Cisco following the company's better than expected Q3 results and continues to recommend the stock with a Buy rating. |
|
| May 15, 2013 |
| 19:34 EDT | | CSCO | On The Fly: After Hours Movers
Subscribe for More Information |
|
| 17:15 EDT | | CSCO | Cisco up $1.82, or 8.58%, to $23.03 as Q3 conference call continues
Subscribe for More Information |
|
| 16:58 EDT | | CSCO | Cisco sees Q4 non-GAAP gross margins to be approximately 61%-62%
|
|
| 16:55 EDT | | CSCO | Cisco continues to see company specific challenges in China
Subscribe for More Information |
|
| 16:54 EDT | | CSCO | Cisco sees Q4 EPS 50c-52c, consensus 51c
Sees Q4 revenue growth 4%-7% YoY, consensus $12.5B. Guidance taken from company's Q3 earnings conference call. |
|
| 16:51 EDT | | CSCO | Cisco says Q3 public sector business grew 5%
Subscribe for More Information |
|
| 16:46 EDT | | CSCO | Cisco sees SP CapEx spending continuing to be challenged
This information is from the company's Q3 earnings conference call. |
| |
| 16:42 EDT | | CSCO | Cisco reports Q3 total non-GAAP gross margin 63% vs.63.1%
Subscribe for More Information |
|
| 16:41 EDT | | CSCO | Cisco Q3 services revenue grew 7%
Subscribe for More Information |
|
| 16:09 EDT | | CSCO | Cisco Q3 cash flows from operations $3.1B vs. $3B a year ago
Subscribe for More Information |
|
| 16:09 EDT | | CSCO | Cisco trades higher after results, first look
Subscribe for More Information |
|
| 16:06 EDT | | CSCO | Cisco reports Q3 EPS 51c, consensus 49c
Subscribe for More Information |
|
| 15:11 EDT | | CSCO | Notable companies reporting after market close
Subscribe for More Information |
|
| 12:47 EDT | | CSCO | Earnings Preview: Cisco shares moving in narrow range ahead of Q3 report
Cisco (CSCO) is set to report Q3 earnings after the market closes on Wednesday, May 15, with a conference call scheduled for 4:30 pm ET. Cisco manufactures and sells IP-based networking products and services. EXPECTATIONS: Analysts are looking for EPS of 49c on revenue of $12.18B, according to First Call. The consensus range for EPS is 47c-51c on revenue of $12.05B-$12.29B. On its Q2 earnings conference call, the company said it sees Q3 adjusted EPS 48c-50c on revenue growth of 4%-6% year-over-year. The company also said it sees Q3 adjusted gross margin approximately 61%-62%, and non-GAAP operating margin of 26.5%-27.5%. LAST QUARTER: Cisco reported Q2 EPS of 51c against estimates for 48c on revenue of $12.1B against estimates for $12.06B. In mid-March, Cisco was found not to have infringed patents held by VirnetX (VHC), and on March 22, Bloomberg reported that Cisco was ordered to pay $70M in fraud damages to XpertUniverse. On March 28, the company announced a 3c increase in its dividend to 17c per share. On April 3, Cisco announced its intent to acquire Ubiquisy, a provider of 3G and LTE small-cell technologies, for $310M, and the transaction is expected to close in Q4. STREET RESEARCH: Street research has been mixed on Cisco, with shares of the company losing more than 3% on March 21 following a downgrade to Underperform from Market Perform at FBR Capital. With its March 21 downgrade, FBR cut its price target on shares of Cisco to $17 from $22, saying the company would be challenged to offset declining routing and switching demand. Earlier this week, however, FBR reversed its March call, upgrading Cisco to Market Perform from Underperform and bumping its price target to $19. Earlier this week, Piper Jaffray said it expects Cisco to report Q3 EPS in-line with estimates, though the firm lowered its revenue estimates for the company. In its note, Piper said macro headwinds will offset favorable data center and switching demand, leaving Cisco with a mixed Q3 report, though the firm reiterated its Overweight rating and $25 price target on shares. Coverage on Cisco shares was also initiated by at least two firms during the quarter, with Cowen initiating coverage with an Outperform rating earlier this month and Northland Securities initiating coverage on Cisco with an Outperform rating and a $25.50 price target the day after Cisco's Q2 report. PRICE ACTION: Shares of Cisco have traded in a narrow range between $20-$22 per share since its Q2 report, gaining a scant 0.4%. Shares of Cisco, which are up about 8% year-to-date, are near flat in afternoon trading ahead of its Q3 report. |
|
| 08:33 EDT | | CSCO | Cisco May volatility elevated into Q3 and outlook
Subscribe for More Information |
|
| May 14, 2013 |
| 07:15 EDT | | TSN | BMO Capital to host a conference
Subscribe for More Information |
|
| May 13, 2013 |
| 10:09 EDT |  | CSCO | On The Fly: Analyst Upgrade Summary
Subscribe for More Information |
| |
| 07:34 EDT | | CSCO | Cisco upgraded to Market Perform from Underperform at FBR Capital
Subscribe for More Information |
|
| 07:31 EDT | | CSCO | Brightcover to host a conference
3rd Annual Brightcove PLAY Global Customer Conference is being held in Boston on May 13-15. |
|
| 07:09 EDT | | CSCO | Cisco finds difficulties as it diversifies, WSJ reports
Subscribe for More Information |
|
| 07:04 EDT | | CSCO | Cisco May volatility elevated at 59 into Q3 and outlook
Cisco May call option implied volatility is at 59, June is at 28, July is at 25; compared to its 26-week average of 26 according to Track Data, suggesting larger near term price movement into the expected release of Q3 results after the market close on May 15. |
|
| 07:02 EDT | | CSCO | Cisco Q3 results likely to be mixed, says Piper Jaffray
Piper Jaffray expects Cisco to report in-line Q3 earnings and margins on May 15, but lowered its revenue estimate for the quarter as it believes demand in April was challenging. However, the firm sees limited share downside from current levels and reiterates an Overweight rating on the stock with a $25 price target. |
|
| 06:52 EDT | | LOW | Lowe's volatility flat; shares near record high into Q1 and revenue outlook
Subscribe for More Information |
|
| 06:05 EDT | | CSCO | On the Fly: Periodicals Wrap-Up
WALL STREET JOURNAL: U.S. companies are on track to raise the most money through IPOs since before the financial crisis, driven by the same thirst for risk among investors that has pushed the stock market to new highs. Already this year, 64 U.S.-listed public offerings have raised $16.8B, according to Dealogic, the Wall Street Journal reports...Cisco Systems (CSCO) shares fell this time last year after executives warned their biggest corporate customers were ordering less equipment. If history repeats itself this week, the networking giant will join a dreary but growing club (IBM, JNPR), the Wall Street Journal reports...REUTERS: Japan's Nikkei share average surged to a new 5-1/2-year high today as the weakening yen further bolstered exporters, while brokerage shares attracted buyers who see growing volume bringing in much more fee income, Reuters reports...China's factory output growth was surprisingly muted in April, darkening the outlook for the Chinese economic recovery and feeding expectations that the government may take policy action to support activity. Annual industrial output grew 9.3%, up from 8.9% in March but still missing market expectations for a 9.5%, Reuters reports...BLOOMBERG: Wall Street’s major bond dealers are beginning to forecast that the Treasury Department will lower the size of its debt auctions in coming months for the first time in three years as government revenue soars, Bloomberg reports...The largest overseas bet on Indian consumers is spurring speculation that companies from Nestle (NSRGY) to Colgate-Palmolive (CL) will pursue more deals in a nation where household income is forecast to triple this decade, Bloomberg reports. |
|
| May 10, 2013 |
| 14:04 EDT | | WMGI | Wright Medical volatility flat, shares near record high
Wright Medical overall option implied volatility of 35 is near its 26-week average of 36 according to Track Data, suggesting non-directional price risk. |
|
| 12:11 EDT | | TSN | U.S. red meat, poultry production seen higher than year ago
Subscribe for More Information |
|
| 08:50 EDT | | CSCO | Cisco EPS could reach $3 in medium term, says Pacific Crest
Pacific Crest believes that Cisco has multiple drivers that could enable its EPS to reach $3 in the medium term. The firm thinks the stock's valuation appears overly bearish and it keeps an Outperform rating on the shares. |
| |
|
|
|
|
