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Box Files For Initial Public Offering
Tuesday, March 25, 2014 - 11:15am | 629Read More...Enterprise-focused cloud-based file-management service Box said Monday, via tweet that it was planning a $250 million IPO. A short while later, re/code said the filing had gone live. Box launched in 2005 as an academic project created by CEO Aaron Levie in his dorm room at USC. According...
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Market Wrap For March 24: Markets On Two-Day Losing Streak?
Monday, March 24, 2014 - 4:48pm | 1804Read More...U.S. stocks declined for the second straight session on little market-moving news. The Nasdaq index was hit harder than other major indices with investors and traders selling off otherwise solid performers like Facebook, Google, Tesla, Keurig Green Mountain and others. "These are all stocks...
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Should TiVo Still Be A Takeover Target For Apple Or Microsoft?
Wednesday, February 26, 2014 - 1:10pm | 532Read More...TiVo (NASDAQ: TIVO) was one of the hottest takeover rumors of 2011 and 2012. The hype for a merger has since died down, but Albert Fried & Company's Rich Tullo thinks that TiVo is still worthy of being acquired. "We still think somebody should take 'em over," Tullo told Benzinga. "Apple,...
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Market Wrap For February 24: Markets Showing Strength To Start The Week
Monday, February 24, 2014 - 5:46pm | 3826Read More...U.S. stocks rose as investors as the S&P 500 traded at new historical highs and clearing its 2014 losses. Investors shrugged off disappointing earning reports and economic data and chose to focus on several prominent merger and acquisition activities. The S&P 500 hit a new intra-day...
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Market Wrap For February 13: Markets Close Higher; Nasdaq on a Six Day Winning Streak
Thursday, February 13, 2014 - 5:50pm | 2839Read More...U.S. stocks finished higher on Thursday after a bumpy start to the trading session. “People want to buy the dips now because the market made a bottom after Feb. 3,” Donald Selkin, chief market strategist at National Securities Corp. told Bloomberg. “We got very oversold and now it's believed...
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Cisco Falls Despite Q2 Beat, Increased Dividend
Wednesday, February 12, 2014 - 6:05pm | 527Read More...Cisco (NASDAQ: CSCO) has a new trend on Wall Street: investors flee whether they beat consensus or not. This happened during the company's fiscal first quarter when Cisco reported a Q1 EPS of $0.53 versus the Street estimate of $0.51. Now it has happened again today. "Cisco guided pretty...
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Cisco Earnings Preview: What The Analysts Are Saying
Wednesday, February 12, 2014 - 2:53pm | 806Read More...Tech heavyweight Cisco (NASDAQ: CSCO) is set to report its second quarter results after the closing bell on Wednesday. The consensus EPS is $0.46 on revenue of $11.03 billion. When Cisco reported its first quarter results in November, the company beat the consensus EPS by two cents but revenue...
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Top Trending Tickers On StockTwits For February 12
Wednesday, February 12, 2014 - 9:52am | 823Read More...Here's a look at the top tickers trending on StockTwits.com TripAdvisor: In-line quarter Last night, TripAdvisor (NASDAQ: TRIP) reported its fourth quarter earnings. The company announced an EPS of $0.21, in-line with the consensus estimate. Revenue of $212.7 million beat the consensus of $205....
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Market Wrap For February 4: Investors And Traders Go Bargain Hunting
Tuesday, February 4, 2014 - 5:40pm | 2983Read More...U.S. stocks rose today as investors and traders felt that there were plenty of bargains in the market to be found. "Today is just a bounce. I don't think there is really that much behind it, other than some bargain hunters stepping in," Robert Pavlik, a chief market strategist said to CNBC....
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Market Wrap For January 27: China Concerns, Declining Home Sales, Tomorrow's Fed Meeting and Obama's Speech Keep Markets Lower
Monday, January 27, 2014 - 5:48pm | 2489Read More...U.S. stocks picked up where they left off on Friday and declined today as investors have plenty on their mind. With earnings being a mixed bag, investors are looking at emerging markets and economic data to support a bullish case for equities. On the emerging market front, investors remain...
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Market Wrap For December 17: Markets Relatively Calm Before The Potential Storm
Tuesday, December 17, 2013 - 5:51pm | 2637Read More...The main question going in to Tuesday's trading session was whethere the Fed will decide to scale back its $85 billion monthly bond buying program. A budget deal in Congress and solid economic data make the case that tapering will begin sooner rather than later. Major indices were virtually...
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Market Wrap For December 12: Dow Suffers Second Consecutive Day of Triple Point Loss
Thursday, December 12, 2013 - 5:41pm | 2348Read More...Major indices continued its decline from yesterday as the Dow suffered a triple digit point loss for the second consecutive day. Positive retail sales data added to an otherwise already convincing case that the economy is strong enough for the Federal Reserve to begin tapering. The Fed's policy...
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Market Wrap For November 14: We Have A New Fed Chair!
Thursday, November 14, 2013 - 5:38pm | 1641Read More...After much anticipation, Janet Yellen was officially nominated as Federal Reserve Chairperson this morning. Yellen offered no surprises during her testimony, which was prepared in advance and made public last night. U.S. markets, as expected, edged slightly higher to continue the rally that was...
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Cisco Shares Fall After Topping Q1 EPS Estimates
Wednesday, November 13, 2013 - 5:56pm | 354Read More...Cisco Systems' (NASDAQ: CSCO) first quarter EPS came in at $0.53 versus the Street estimate of $0.51, beating by $0.02. Earnings per share were up 10 percent from the year-ago period. Revenue arrived at $12.1 billion, a little lower than the $12.36 billion that Wall Street expected. Sales were...
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EnterpriseJungle Could Become One Of The Biggest Self-Funded Startups
Friday, November 1, 2013 - 2:25pm | 473Read More...EnterpriseJungle, a predictive analytics company, does not have a multi-million-dollar contract with a venture capital firm. It does not have a Board of Directors filled with Silicon Valley's most recognizable names. But as corporate and individual users discover the benefits of EnterpriseJungle...
















