Cisco

Yesterday we talked about setups in CSCO & US Dollar Futures (/DX).  The action we are seeing in these two names this morning is worthy of a follow up. We mentioned the downtrend resistance breakout in CSCO yesterday, noting a pull back to 16.00 as a solid long entry potential. This morning,...

Before answering, you might want to hear from someone that uses the service. Namely, Benzinga. We use RingCentral, and on the day we announced that Benzinga had received a $1.5 million investment from the founders of Groupon, the service went down. RingCentral attempted to make things right by...

CSCO is breaking a downtrend that started back in February.  The break is taking place on decent volume.  We just set an alert at 16.10.  If the alert sounds, we will do one of two things: Buy shares of CSCO and sell front month 17 Calls against them Buy a 15/16 front month Call spread

Jefferies has published a report on Cisco Systems (NASDAQ: CSCO) maintaining their current price target. In the report, Jefferies wrote, "Cisco's Enterprise Business Should be Decent - Looking back through a large number of anecdotes from recent months indicates Enterprise spending was at least...

Microsoft (NASDAQ: MSFT), Intel (NASDAQ: INTC), and Cisco Systems (NASDAQ: CSCO), once the darlings of Wall Street, had all fallen out of favor. Even though they have protected their turfs well, and are piling cash into their companies quarter after quarter, their stocks had languished for an...

The U.S.-Russia Business Council Board Members, led by USRBC Chairman Klaus Kleinfeld of Alcoa, met today with President Medvedev in St. Petersburg at The St. Petersburg International Economic Forum to present him with a letter voicing their full support for the Russian Federation's accession to...

In morning trading, Cisco Systems (NASDAQ: CSCO) and Jones Group (NYSE: JNY) fell to new 52-week lows of $15.26 and $9.97 per share, respectively. Cisco has slumped on disappointing quarterly results from Ciena (NASDAQ: CIEN). Cisco has a market cap of $84.2 billion and is a leading producer and...

Jefferies, which initiated coverage of Cisco (NASDAQ: CSCO), is providing some color on the stock. “The organization has a tremendous franchise to leverage going forward. Key assets include: 1) a massive installed base of equipment and customers; 2) an unmatched sales and distribution channel; 3)...

Morgan Stanley reports that it continues to believe Cisco (NASDAQ: CSCO) cannot “sustainably grow topline while maintaining margins as both its switching and edge routing businesses are under attack and believe the company would be better off split into smaller, more homogeneous pieces.” Morgan...

In a recent report, Deutsche Bank has lowered the price target on Cisco Systems (NASDAQ: CSCO) from $20.00 to $19.00 and the estimate EPS from $1.23 to $1.22 due to highly cautious guidance and tones in Q3. In the report, Deutsche Bank said, "Cisco reported Q3 revenues of $10.9 billion, in line...

Microsoft (NASDAQ: MSFT) announced on Tuesday that it bought Skype for $8.5 billion. Skype was scheduled to go public soon, but its IPO kept getting delayed, as it was probably courted by companies like Google (NASDAQ: GOOG), Cisco (NASDAQ: CSCO), and Facebook. The market might be jazzed up about...

Piper Jaffray, which raised its PT on shares of Kenexa Corp. (NASDAQ: KNXA), is providing some color on the stock. “Kenexa reported $63M revenue, above consensus of $61M, and $0.15 PF EPS, above consensus of $0.14,” Piper Jaffray writes. “Revenue grew 59% y/y, faster than comparably-sized HCM...

Earlier this week, Cisco (NASDAQ: CSCO) announced that it would close the division that makes Flip Video camcorders. This news was quite surprising considering the initial success of the Flip Video. The handheld device proved to be a formidable foe in the camcorder industry, garnering 13% of the...

(TheStreet) -- Riverbed's (NASDAQ: RVBD) upside pre-announcement shows which way the spending is flowing in networking gear -- away from equipment shops like Cisco (NASDAQ: CSCO) and Extreme Networks (NASDAQ: EXTR). Riverbed, which makes networking systems that squeeze higher performance out of...

For all its hype on TV, YouTube (NASDAQ: GOOG), and the occasional award show, Flip Video is no more. As a part of the restructuring of its consumers business, Cisco (NASDAQ: CSCO) has announced that it will close down the division that makes Flip video. Developed by Pure Digital Technologies (...