November 16, 2023 @ 5:07 pm | Breaking News, CSCO, Jubak Top 50 Portfolio, PANW |
More real world dissent to Wall Street’s view that everything looks great for 2024. On Thursday Cisco Systems (CSCO) shares closed down 9.83% after the networking giant offered up significantly weaker-than-expected guidance for 2024. Wall Street analysts called...
May 15, 2020 @ 6:44 pm | Breaking News |
China is ready to put U.S. technology companies such as Apple, (AAPL), Cisco Systems (CSCO), and Qualcomm (QCOM) on its “unreliable entity list.” That would likely result in investigations and economic restrictions on those U.S. companies, according to the...
May 17, 2019 @ 7:29 pm | Breaking News, CSCO, Jubak Top 50 Portfolio, Update |
Yesterday, May 16, earnings from Cisco Systems (CSCO) and Wal-Mart (CSCO) before the open powered U.S. stocks higher to start the day.So what did Cisco say? (I reported on Wal-Mart in a post yesterday.) Cisco reported earnings per share of 78 cents for the...
February 14, 2011 @ 4:24 pm | Update |
Nothing like confirming investors’ worries about the profitability of your company’s business strategy. Investors have been worried that in its pursuit of growth—a daunting task to begin with for a company that dominates its core markets and with a market cap of $104...
November 11, 2010 @ 6:20 pm | Update |
Can Cisco Systems (CSCO) stage a comeback? At first (and probably second and third glances too) that seems a ludicrous question. We’re talking Cisco here. The gorilla so big that other gorillas make room in the bamboo. But Cisco’s results for the first quarter of...
August 31, 2010 @ 8:30 am | Leading Indicators |
On the surface, bidding $2 billion for a company that hasn’t made an operating profit in the last five years looks nuts. Dig deeper, though, and the battle between Dell (DELL) and Hewlett Packard (HPQ) to buy data storage company 3Par (PAR) doesn’t look nuts. It’s...
May 13, 2010 @ 3:30 pm | CSCO, Update |
When I was a kid and I’d turn up my turn up my nose at a great present that wasn’t exactly what I wanted, my grandmother would say, What do you want, egg in your beer? Well, today, May 13, investors in Cisco Systems (CSCO) remind me of that little kid I was. They’ve...
March 11, 2010 @ 12:41 pm | Update |
Cisco Systems (CSCO) rules the technology that runs the Internet, but it’s got a few things to learn about product announcements. On March 9 the company held a teleconference staged with all the hoopla of Apple (AAPL) announcing a new iPhone. But then Cisco unveiled a...
February 3, 2010 @ 4:40 pm | Update |
The recession is certainly over for Cisco Systems (CSCO). Today, February 3, after the market close the company reported earnings for the quarter that ended in January (Cisco’s second quarter of fiscal 2010) of 40 cents a share. That was 5 cents a share better than...
January 20, 2010 @ 8:30 am | Breaking News, Leading Indicators, QCOM |
Technology stocks look placed to lead the market on both technicals and earnings. After Friday’s sell off, the sector resumed an uptrend on Tuesday January 19 that stretches back to the late November lows. Strong results from Intel (INTC) on Thursday and IBM (IBM)...
November 5, 2009 @ 12:55 pm | Update |
Cisco Systems (CSCO) reported earnings of 36 cents a share for its fiscal first quarter of 2010 after the stock market close on November 4. Both earnings—by 5 cents a share—and revenue—by $126 million—beat the consensus Wall Street estimates. However, revenue fell by...
October 14, 2009 @ 10:30 am | Breaking News, Leading Indicators |
Today’s buyStarent Networks (STAR). Price $2.9 billion in cash. What does Starent do? It makes gear that lets wireless carriers deliver multimedia broadband to 3G and 4G smartphones. In this case multimedia means video. That’s the big prize since Cisco...
October 1, 2009 @ 1:26 pm | Update |
On October 1 Cisco Systems (CSCO) announced an offer to buy video conferencing leader Tandberg for $3 billion in cash. This is exactly the kind of new economy deal-making that drove me to add Cisco Systems to Jubak’s Picks on September 25. The deal, which has been...
September 29, 2009 @ 12:54 pm | Breaking News |
The stock market got all excited yesterday by big acquisitions announced by Xerox (XRX) and Abbot Laboratories (ABT). Xerox announced that it would buy Affiliated Computer Services (ACS) for $5.7 billion in cash and Abbot said it would buy the drugs business of Solvay...
September 25, 2009 @ 11:50 am | Buy, CSCO |
Remarks by Cisco Systems (CSCO) CEO John Chambers got me thinking about the potential for a new economy emerging in 2011 and beyond so, it’s only fair that I begin my next stock market portfolio with shares of Cisco Systems (CSCO). (See my 8:30 a.m. post today for...
September 16, 2009 @ 6:11 pm | Leading Indicators |
The earnings seasons are lining up just right for technology stocks. Looking backward that’s one reason that the sector has led the rally off the March 9 stock market lows. And looking ahead it’s one reason why you should be adding technology stocks to...
August 21, 2009 @ 10:30 am | Update |
Ever since this recession began Cisco Systems (CSCO) CEO John Chambers has shown an unexpected talent for taking all the joy out of his company’s earnings report. And he did it again when, on August 5, Cisco Systems reported earnings of 31 cents a share for the...