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Stock Market & Financial Investment News

News Breaks
March 27, 2014
06:16 EDTCSCO, SPEXSpherix commences federal litigation against Cisco for patent infringement
Spherix (SPEX) announced that it has commenced patent litigation in the U.S. District Court for the District of Delaware against Cisco (CSCO) alleging that the San Jose, CA based company infringes 11 patents owned by Spherix. These patents, developed by inventors at Nortel Networks and acquired by Spherix in December 2013, relate to Cisco's products including routers and switches. Spherix contends that the scope of Cisco's infringement of the asserted patents has been and continues to be immense. Cisco is believed to have revenues of over $6B from switching and over $3B from routers in the U.S. for its fiscal year ended July 27, 2013 and total revenues of over $30B from switching and $13B from routers in the U.S. for the five fiscal years ended July 27, 2013. The company believes that the vast majority of Cisco's switching and routing revenue from March 2008 through the present has been generated by products and services implementing technology that the company believes infringes on the 11 patents.
News For SPEX;CSCO From The Last 14 Days
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March 5, 2015
11:01 EDTCSCOZixCorp enters OEM relationship with Cisco
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07:43 EDTCSCOMorgan Stanley to hold a conference
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05:56 EDTCSCOStocks with implied volatility below IV index mean; MSFT CSCO
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March 4, 2015
17:39 EDTCSCOAlphaOne's Dan Niles likes Cisco as long idea
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08:11 EDTCSCOCisco expands resale agreements with Cloudera, Hortonworks and MapR
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07:24 EDTCSCOGSMA to hold a conference
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06:12 EDTCSCOStocks with implied volatility below IV index mean; MSFT CSCO
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06:11 EDTSPEXSpherix provides Verizon litigation update
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March 3, 2015
08:54 EDTCSCOCisco participates in a conference call hosted by Oppenheimer
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05:56 EDTCSCOStocks with implied volatility below IV index mean; MSFT CSCO
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05:25 EDTCSCOCisco, Telecom Italia announce intent to enter cloud services agreement
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March 2, 2015
06:18 EDTCSCOStocks with implied volatility below IV index mean; MSFT CSCO
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February 26, 2015
10:20 EDTCSCORuckus Wireless will be in play if HP acquires Aruba, says Craig-Hallum
Craig-Hallum said Ruckus Wireless (RKUS) remains a likely takeout target following reports Hewlett-Packard (HPQ) may acquire competitor Aruba Networks (ARUN). Analyst Tony Stoss said if Hewlett is looking at Aruba, it should absolutely look at Buy rated Ruckus, which would also pressure Cisco (CSCO) to take a hard look at the company. Stoss says Ruckus has superior technology and exposure to the high growth service provider market with numerous catalysts ahead to drive shares higher.
February 25, 2015
09:53 EDTCSCOCredit Suisse technology analysts hold an analyst/indusr
Analysts provide takeaways from Qualcomm, Cisco and Arista Networks on an Analyst/Industry conference call to be held on February 25 at 10 am.
09:25 EDTCSCOCisco, Apple among U.S. names cut from China state buying list, Reuters says
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February 22, 2015
18:09 EDTCSCOArista Networks shares could be a bargain, Barron's says
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