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Stock Market & Financial Investment News

News For ORCL;DELL;BX;CSCO;HPQ;SVU;ACAD;SCHL;GES From The Last 14 Days
Check below for free stories on ORCL;DELL;BX;CSCO;HPQ;SVU;ACAD;SCHL;GES the last two weeks.
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May 16, 2013
07:11 EDTBXSome asset managers want investors to buy their shares, Reuters reports
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07:07 EDTCSCOCisco results positive for communications semi space, says William Blair
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06:23 EDTCSCOCisco 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.
06:08 EDTBXOn the Fly: Periodicals Wrap-Up
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May 15, 2013
19:34 EDTCSCOOn The Fly: After Hours Movers
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17:15 EDTCSCOCisco up $1.82, or 8.58%, to $23.03 as Q3 conference call continues
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16:58 EDTCSCOCisco sees Q4 non-GAAP gross margins to be approximately 61%-62%
16:55 EDTCSCOCisco continues to see company specific challenges in China
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16:54 EDTCSCOCisco 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 EDTCSCOCisco says Q3 public sector business grew 5%
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16:48 EDTDELLIcahn gives quarterly update on stakes
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16:46 EDTCSCOCisco sees SP CapEx spending continuing to be challenged
This information is from the company's Q3 earnings conference call.
16:42 EDTCSCOCisco reports Q3 total non-GAAP gross margin 63% vs.63.1%
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16:41 EDTCSCOCisco Q3 services revenue grew 7%
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16:09 EDTBXDDR Corp. acquires select prime power centers from its Blackstone JV for $1.46B
DDR Corp. (DDR) announced an agreement to acquire a portfolio of prime power centers from its existing joint venture with Blackstone Real Estate Partners VII (BX). The acquisition, which is expected to close in Q4 subject to customary closing conditions, will significantly increase DDR's cash flow generated by very high quality, large format prime power centers located in top MSA's in the United States. The joint venture between Blackstone and DDR currently owns 44 shopping centers, and DDR has executed a purchase and sale agreement to acquire Blackstone's 95% common equity ownership interest in 30 of these shopping centers for $1.46B. DDR intends to fund this acquisition through a combination of the assumption of $398M in existing debt, nearly $150M from the repayment of preferred equity and mezzanine loans previously funded by DDR and proceeds from the issuance of common equity and unsecured debt. As part of the consideration, DDR has the right, subject to certain conditions, to issue common shares to Blackstone in an amount not to exceed $250M.
16:09 EDTCSCOCisco Q3 cash flows from operations $3.1B vs. $3B a year ago
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16:09 EDTCSCOCisco trades higher after results, first look
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16:07 EDTBXDDR Corp. acquires select prime power centers from its Blackstone JV for $1.46B
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16:06 EDTCSCOCisco reports Q3 EPS 51c, consensus 49c
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15:11 EDTCSCONotable companies reporting after market close
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