Posts for Ticker ‘CSCO’

Top Day Trader Alerts (C, DELL, NLST, NABI, PARD, RVSN, CSCO, S)

These are this Monday morning’s top day trader and active trader alert stocks.  We have a link through to each stock at VSInvestor.com with more detailed analysis and data.

Citigroup, Inc. (NYSE: C) is up 4% on the Paulson stake being so large.

Dell Inc. (NASDAQ: DELL) is up over 1% after Goldman Sachs re-started with a BUY rating and a $19.00 target.

Netlist Inc. (NASDAQ: NLST) is trying for a day-four run and volume is already exponential compared to old averages in pre-market trading.

Nabi Biopharmaceuticals (NASDAQ: NABI) is up 35% on a GSK pact to develop nicotine conjugate candidate vaccine.

Poniard Pharmaceuticals, Inc. (NASDAQ: PARD) is today’s biggest loser after its small cell lung cancer drug failed in trials.

RADVision Ltd. (NASDAQ: RVSN) is down 7% on word that Cisco Systems (NASDAQ: CSCO) is juicing up the buyout offer to secure a Tandberg.

UPDATED at 9:48 AM EST:  Sprint Nextel is one of the S&P’s top gainers up almost 11% on the Oppenheimer upgrade.

You can join our open email distribution list which goes out several times per week to be notified of key analyst calls, top early morning day trader alerts, along with news of IPO’s, key offerings, guru investor data on Buffett and others, mergers, and more.

JON C. OGG

Posted on: November 16, 2009 – 8:59 am in Pre-Market Activity, Trading Alert, , , , , , , ,

Cisco’s (CSCO) Tandberg Gamble That Video Quality Pays

TVCisco (NASDAQ:CSCO) has decided to gamble that it can get reluctant Tandberg shareholders to support a buyout of their company by raising its offer to $3.4 billion. That is a 10% improvement over Cisco’s previous offer. A number of Tandberg investors lined up against the first deal, saying it valued the company at too low a price.

Cisco says it will walk away from its attempt to buy the company if Tandberg shareholders do not approve a purchase at the new figure. The offer by Cisco is a huge gamble on video conferencing, an over-crowded field. Read More »

Posted on: November 16, 2009 – 5:35 am in Mergers and Buy Outs, Technology Companies, , ,

British Air And Iberia: Airlines Return To The Center Of M&A Stage

airplaneThe rumor that US Air (NYSE:LCC) and American (NYSE:AMR) may merge is not so far-fetched today, or that Southwest (NYSE:LUV) might take over JetBlue (NASDAQ:JBLU).

British Air and Iberia, the flag carriers of the two nations whose fleets met at The Battle of Trafalgar, will merge, creating one of the world’s largest airlines. BA shareholders will control 55% of the new company which will have a market value of $7 billion and total sales of nearly $20 billion. It is noteworthy that just earlier this week, BA said it would fire  4,900 people because of a $485 million loss in the six months that ended on September 30. Read More »

Posted on: November 12, 2009 – 5:58 pm in Airlines, Mergers and Buy Outs, , , , , , ,

Tech Giants Now Hold ~$265 Billion Cash To Spend (HPQ, COMS, INTC, AMD, MSFT, CSCO, AAPL, GOOG, ORCL, JAVA, QCOM, EMC, YHOO, DELL, AMZN, EBAY, ONT, BRCD, JDSU, STAR, VMW)

You have already seen the Hewlett-Packard (NYSE: HPQ) buyout of 3Com Corporation (NASDAQ: COMS).  But this week before that deal was announced we covered how mergers in the technology sector have been very slow to develop over the scale in which we and others think is possible for the sector.  After the Intel Corporation (NASDAQ: INTC) settlement with Advanced Micro Devices (NYSE: AMD), the tally of cash that is now estimated would be an implied $265 billion that is available for the tech giants in our 24/7 Wall St. Real-Time 500 to make acquisitions.

The giant cash balances are held by Microsoft Corporation (NASDAQ: MSFT), Cisco Systems Inc. (NASDAQ: CSCO), Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG), and Oracle Corp. (NASDAQ: ORCL), assuming nothing happens with Sun Microsystems Inc. (NASDAQ: JAVA).  But players like QUALCOMM Inc. (NASDAQ: QCOM), EMC Corporation (NYSE: EMC), International Business Machines (NYSE: IBM), Dell Inc. (NASDAQ: DELL), Yahoo! Inc. (NASDAQ: YHOO), Amazon.com Inc. (NASDAQ: AMZN), and eBay Inc. (NASDAQ: EBAY) are either all sitting with large amounts of cash or will be very soon.

We have broken out these technology, IT, software, and Internet companies by the cash amount they hold or what they have in a soon-to-be cash balance.  Of course only a fraction of this cash will be used for mergers.  But there is also a ton of room here for dividends and of course the share buybacks.

Read More »

Posted on: November 12, 2009 – 11:31 am in Consumer Electronics, Cramer, Dividend, Editor's Picks, Internet, Large Cap Stocks, Mergers and Buy Outs, PC Companies, Private Equity, Rumors, Semiconductor, Software, Stock Buybacks, Technology Companies, Telecom, , , , , , , , , , , , , , , , , , , ,

Tech Strangeworld: 3Com Bought by H-P (COMS, HPQ, CSCO, IBM)

HO LogoSometimes the unimaginable happens, and that is today.  3Com Corporation (NASDAQ: COMS) is being acquired, and in a deal that won’t run regulatory risk at least over China having access to core technology.  Hewlett-Packard (NYSE: HPQ) is the surprise buyer.

H-P is buying the networking and routing company for a price of $7.90 per share in cash, which comes to an enterprise value of about $2.7 billion.   The deal has also been approved by the boards of directors at each company.  Based upon Cisco Systems Inc. (NASDAQ: CSCO) expanding its reach further out into data centers and beyond and based on some recent moves from IBM (NYSE: IBM), this is actually a lower surprise than had this been announced a year ago.  That would make one wonder what moves those companies will make.
Read More »

Posted on: November 11, 2009 – 4:30 pm in Earnings, Mergers and Buy Outs, Technology Companies, , , ,

Tech Titans Still Have $269 Billion Cash For Deals (MSFT, CSCO, AAPL, GOOG, INTC, HPQ, QCOM, EMC, VMW, YHOO, DELL, ORCL, JAVA, AMZN, EBAY)

The recovery is on and mergers are happening, yet the technology sector has been slow to make deals.  Despite some deals already having taken place from the technology giants and that $260 billion cash balance which was there in the middle of last quarter is even larger now.  The tally for cash by our count is now right around $269 billion.  We looked through the top market caps of technology companies in our 24/7 Wall St. Real-Time 500 and this list is expanded now that some issues have been resolved in all the companies.  The stocks in this group are Microsoft Corporation (NASDAQ: MSFT), Cisco Systems Inc. (NASDAQ: CSCO), Apple Inc. (NASDAQ: AAPL), Google Inc. (NASDAQ: GOOG), Intel Corp. (NASDAQ: INTC), Oracle Corp. (NASDAQ: ORCL), Sun Microsystems Inc. (NASDAQ: JAVA), Hewlett-Packard Company (NYSE: HPQ), QUALCOMM Inc. (NASDAQ: QCOM), EMC Corporation (NYSE: EMC), International Business Machines (NYSE: IBM), Dell Inc. (NASDAQ: DELL), Yahoo! Inc. (NASDAQ: YHOO), Amazon.com Inc. (NASDAQ: AMZN), and eBay Inc. (NASDAQ: EBAY).

These few tech companies with the $269 billion cash that could be deployed for mergers, acquisitions, or the good old dividends are also listed before tallying up credit lines, factoring, debt sales, and other creative financing methods.  We have listed the suppositions and counting methods for each one to illustrate how much is available at each company.
Read More »

Posted on: November 10, 2009 – 1:07 pm in Consumer Electronics, Dividend, Editor's Picks, Internet, Large Cap Stocks, Mergers and Buy Outs, PC Companies, Private Equity, Rumors, Semiconductor, Technology Companies, Value Investing, , , , , , , , , , , , , , , , ,

Cisco Raising Cash By Selling Debt (CSCO)

Cisco LogoCisco Systems, Inc. (NASDAQ: CSCO) has filed a preliminary prospectus supplement under an existing shelf registration with the SEC this morning for a three-part debt offering.  While no final amount was stated, and no terms and no maturities were given, these are likely in the process of getting worked out now.  The networking giant plans three maturities of senior notes in an offering via Barclays Capital, Credit Suisse, Deutsche Bank Securities, BofA Merrill Lynch, HSBC, and J.P. Morgan.
Read More »

Posted on: November 9, 2009 – 9:54 am in Bonds, Technology Companies,

Today’s Best Market Rumors (11/9/2009) (RAI)(WFC)(NWS)(JAVA)(GE)(S)(CLWR)

magazinUpdated throughout the day.

Updated at 11.49 AM EST:  Reynolds Americam (NYSE:RAI) may buy Niconovum, a Swedish maker of nicotine gum and mouth sprays (Boomberg)

Updated at 10.12 AM EST: Wells Fargo (NYSE:WFC) may pay back its TARP funds. (BreakingViews)

Updated at 9.48 AM EST: Rupert Murdoch’s News Corp (NYSE:NWS) may sue the BBC for breach of copyright for “stealing” material from his newspapers. (FT)

It will take a bid of 800 pence to get Cadbury to agree to a Kraft (NYSE:KFT) takeover. The current hostile bid is for 713 pence.  (various)

GE (NYSE:GE) and Comcast (NASDAQ:CMCSA) have agreed to value NBCU at $30 billion  (WSJ)

The EU may approved Oracle’s (NASDAQ:ORCL) buy-out of Sun (NASDAQ:JAVA) if it gives up some of its control of the MySQL database software  (BusinesssWeek)

The rally in GE’s (NYSE:GE) stock may not last very long.  (TheStreet)

China may raise fuel prices this week.  (CNBC)

Delta (NYSE:DAL) and American Air (NYSE:AMR) are increasing their pressure on the Japanese government to forge joint ventures with Japan Airlines.  (The Deal)

New collaborative software tools from Cisco (NASDAQ:CSCO) will put it into direct competition with Microsoft (NASDAQ:MSFT)  (CNET)

Sprint (NYSE:S), Intel (NYSE:INTC), and Time Warner Cable (NYSE:TWC) may put another $1.5 billion into 4G provider Clearwire  (NASDAQ:CLWR)

Douglas A. McIntyre

Posted on: November 9, 2009 – 9:04 am in Rumors, , , , , , , , , , , , , ,

Media Digest 10/5/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   Toyota (NYSE:TM) returned to a profit.

Reuters:   The Fed will keep rates near zero for an extended period.

Reuters:   Cisco (NASDAQ:CSCO) beat forecasts.

Reuters:   Gold is near $1,100. Read More »

Posted on: November 5, 2009 – 3:58 am in Press Digest, , , , , , , , , , , , , ,

The Cisco (CSCO) Kid Puts On A Rally Cap

TVRouter and video infrastructure giant Cisco (NASDAQ:CSCO) posted better-than-expected quarterly numbers for the period ending October 24, its first fiscal of the year. Revenue fell 13% to $9 billion. EPS was $.39, down 19%.  Cisco’s stock rose almost $1 to $24.17.

The company’s surprise announcement was that it will buy back $10 billion of stock. Cisco has as much M&A activity as any large tech company in the world. The idle cash being used for the buyback must not be needed for future acquisitions. Cisco’s board had previously authorized up to $62 billion in stock repurchases. Read More »

Posted on: November 4, 2009 – 4:15 pm in Earnings, Technology Companies,

Today’s Best Market Rumors (11/4/2009) (JAVA)(ORCL)(TWX)

icahnUpdated throughout the day.

Updated 10.30 AM EST:  Oracle (NASDAQ:ORCL) believes that EU authorities may try to block its buy-out of Sun (NASDAQ:JAVA)  (FT)

Updated 10:26 AM EST: Apollo Management is buying debt swap instruments to increase is control of Harrah’s. (NYPost)

The CEOs of Goldman Sachs (NYSE:GS) and JPMorgan (NYSE:JPM) met pay czar Feinberg before he announced pay cut plans  (Bloomberg)

Time Warner’s (NYSE:TWX) Time, Inc publishing division will lay off 500 people  (various).

Senator Chris Dodd will propose merging all four bank regulatory agencies (various).

Cisco’s (NASDAQ:CSCO) earnings outlook is likely to be poor  (TheStreet)

Warren Buffett may join Goldman Sachs (NYSE:GS) in bidding for Fannie Mae (NYSE:FNM) tax credits.

Douglas A. McIntyre

Posted on: November 4, 2009 – 9:12 am in Rumors, , , , , , ,

Wednesday Hangs on Key Tech/Media Earnings (CSCO, CMCSA, QCOM, TWX, VG)

Bull and Bear ImageWe have four key earnings for technology and media investors and traders due on Wednesday, and one key cult stock.  The two biggest for tech which can impact all components of their related sub-sectors are Cisco Systems Inc. (NASDAQ: CSCO) and QUALCOMM Inc. (NASDAQ: QCOM).  Then in media and communications will be Comcast Corporation (NASDAQ: CMCSA) and Time Warner Inc. (NYSE: TWX).  Lastly, there is one of Wall Street biggest cult stocks with Vonage Holdings Corp. (NYSE: VG) on deck.  We have provided Thomson Reuters consensus estimates, and, where applicable, key performance measures and added color on each.
Read More »

Posted on: November 3, 2009 – 2:23 pm in Calendar, Cult Stock, Earnings, Media, Technology Companies, Telecom, , , , ,

Tech M&A King Cisco (CSCO) Pushes Into The Living Room

TVCisco (NASDAQ:CSCO) may control most of the global router and enterprise video conferencing business, but it wants a bigger footprint in home video delivery. Silicon Valley’s biggest M&A machine has snapped up China set-top box company DVN for $44.5 million.

Cisco already has a large set-top business in the US, but the Chinese market has 160 million cable subscribers and that makes it the most promising market for set-top sales in the world. Read More »

Posted on: November 3, 2009 – 6:12 am in Consumer Goods, Mergers and Buy Outs, , ,

The Unusual Suspects (BEAT, CIT, CIT-PZ, GNW, GFIG, HGSI, GSK, MCO, BRK-A, RVSN, CSCO)

bull-and-bear-image2Earnings season is seeming to wind down here, but that won’t stop the unusual suspects of key equity events and issues to watch this coming week.  We are looking into key issues for the coming week in the stocks of CardioNet, Inc. (NASDAQ:BEAT), CIT Group, Inc. (NYSE: CIT), Genworth Financial Inc. (NYSE:  class=GNW), GFI Group Inc. (NASDAQ: GFIG), Human Genome Sciences Inc. (NASDAQ: HGSI), GlaxoSmithKline Plc (NYSE: GSK), Moody’s Corp. (NYSE: MCO), Berkshire Hathaway Inc. (NYSE: BRK-A), RADVISION Ltd. (NASDAQ: RVSN) and Cisco Systems Inc. (NASDAQ: CSCO).
Read More »

Posted on: November 1, 2009 – 11:33 am in After-Hours Activity, Biotech, Buffett, Calendar, Earnings, Financial Stocks, Healthcare, Mergers and Buy Outs, Rumors, , , , , , , , , , ,

Next Week’s Top 10 Earnings on Deck (CHK, F, KFT, MA, CSCO, CMCSA, QCOM, BRK-A, SIRI, VG)

NYSE Floor ImageEarnings season may be winding down, but next week still has some very important companies that are economic indicators in and of themselves or are key stocks that have broad customer and investor bases.  Picking only ten companies leaves many key stocks out, but we have some here which will appeal to most investors and traders.  Among next week’s top earnings are Chesapeake Energy Corporation (NYSE: CHK), Ford Motor Company (NYSE: F), Kraft Foods Inc. (NYSE: KFT), MasterCard Incorporated (NYSE: MA), Cisco Systems Inc. (NASDAQ: CSCO), Comcast Corporation (NASDAQ: CMCSA), QUALCOMM Inc. (NASDAQ: QCOM),  and Berkshire Hathaway Inc. (NYSE: BRK-A) (NYSE: BRK-B).

We also have the biggest cult stocks of all with SIRIUS Satellite Radio (NASDAQ: SIRI) and Vonage Holdings Corp. (NYSE: VG) reporting next week.  We have offered some color on each stock along with chart data where relevant, along with Thomson Reuters consensus estimates.
Read More »

Posted on: October 30, 2009 – 2:51 pm in Calendar, Earnings, Technical Analysis, Technology Companies, , , , , , , , , ,

Today’s Best Market Rumors (10/30/2009) (C)(CSCO)(SAPE)(DOX)(CTSH)

newspaper

Updated throughout the day.

Updated 3.23 PM EST:  Analyst Michael Mayo says Citigroup (NYSE:C) will take a $10 billion write down the quarter. Citi denies it (CNBC)

Updated 10.24 AM EST:  Cisco (NSADAQ:CSCO) may drop its bid for Tandberg  (Barron’s)

Venezuela may have gold reserves with a total value over $13 billion.  (CNBC)

JP Morgan (NYSE:JPM) may have had concerns about Galleon as early as 2001 (Financial Times)

Likely near-term tech acquisition targets include Sapient (NASDAQ:SAPE), Computer Sciences (NYSE:CSC), WNS (NYSE:WNS), Amdocs (NYSE:DOX), Cognizant Technology (NASDAQ:CTSH) and ExlService (NASDAQ:EXLS) (Reuters)

Time Warner (NYSE:TWX) may spin-off AOL in December  (TheStreet.com)

CIT (NYSE:CIT) is likely to file for bankruptcy in the next few days.  (Reuters)

Cargill is the largest private company in the US followed closely by Koch Industries  (Forbes)

Douglas A. McIntyre

Posted on: October 30, 2009 – 9:02 am in Rumors, , , , , , , , , , ,

Short Interest Up In Financials, Mixed In Tech (FRE)(CIT)(EBAY)(INTC)

bearShort interest in a number of major financial firms rose for the period ending October 15.

Shares short in Citigroup (NYSE:C) rose 51% to 178.1 million. The short interest in CIT (NYSE:CIT) was up 21% to 85.6 million. Share sold short in Freddie Mac (NYSE:FRE) were up 14% to 71.5 million. Shares short in Bank of America (NYSE:BAC) and JPMorgan (NYSE:JPM) were fairly flat. Read More »

Posted on: October 27, 2009 – 4:12 am in Short Interest, , , , , , , , , , , ,

Media Digest 10/27/2009 Reuters, WSJ, NYTimes, FT, Bloomberg

newspaperReuters:   UBS (NYSE:UBS) will put in a new US chief.

Reuters:   Goldman Sachs (NYSE:GS) says “dark pools” help investors.

Reuters:   The US is welcoming the rise of the yuan.

Retuers:   Nelson Peltz’s board seat at Legg Mason (NYSE:LM) may not signal change. Read More »

Posted on: October 27, 2009 – 3:57 am in Press Digest, , , , , , , , , , , , , , ,

Today’s Best Market Rumors (10/20/2009) (NWS)(NVDA)(BCS)

newspaperUpdated throughout the day.

Updated 12.33 PM EST: The CIA will start spying on social media activity  (CNET)

Updated 10.15 AM EST:  Oil could hit $175 a barrel by 2016 making oil-realted stocks a bad investment.  (Barron’s)

Bank of America (NYSE:BAC) and Barclays (NYSE:BCS) are refusing to trade with faltering hedge fund Galleon  (WSJ)

Former News Corp (NYSE:NWS) No. 2 Peter Cherin is advising Comcast (NASDAQ:CMCSA) on its bid to buy NBCU from GE (NYSE:GE)  (NYTimes)

Boeing (NYSE:BA) will post poorer-than-expected quarterly results (TheStreet.com)

Q4 GDP growth could jump to 5.5 %  (Forbes)

Google (NASDAQ:GOOG) can search Twitter tweets, even if they have security protection.  (Mashable)

As Galleon sells holdings to fund redemptions some of the stocks it holds could come under price pressure. These include Cisco (NASDAQ:CSCO), Dell (NASDAQ:DELL), Nvidia (NASDAQ:NVDA), and eBay (NASDAQ:EBAY)  (Barron’s)

Douglas A. McIntyre

Posted on: October 20, 2009 – 8:53 am in Rumors, , , , , , , , , , ,

24/7 Wall St. TV: Tough Earnings At IBM And Google

24/7 WallSt TVIBM (NYSE:IBM) and Google (NASDAQ:GOOG) each reported better-than-expected earnings. Wall St.’s reaction to the Google numbers was muted and its stock moved up 3% to $547. IBM raised its guidance for the year, but the market was disappointed and pushed the computer giant’s shares down by 3% to $123. Google and IBM both trade near their 52-week highs, so the slight price movements are hardly a sign of any real disappointment or jubilation

The large computer company and large search firm are among the pantheon of American tech stocks which also includes Microsoft (NASDAQ:MSFT), Cisco (NASDAQ:CSCO), Intel (NASDAQ:INTC), and Hewlett-Packard (NYSE:HPQ). All of the companies have market capitalizations over $100 billion. All have cash balances in the tens of billions of dollars. Each has such a large part of its market that it has no real, direct challengers, except perhaps the other companies on Olympus. Read More »

Posted on: October 16, 2009 – 12:00 am in Earnings, TV, Technology Companies, , , , ,