4:49am ET
Technology
IBM (IBM) To Pay Too Much For Sun (JAVA)
In a weak economy, troubled companies should never be bought at a premium. No one has mentioned that to IBM (IBM) which is looking at paying $10 a share for Sun Micro…
CSCO Coverage Page 108
8:09am ET
Investing
Cisco, Goldman Sachs, Conviction Buy (CSCO)
Cisco Systems, Inc. (NASDAQ: CSCO) is trading up 2% at $15.78 in active pre-market trading this morning. It seems that Goldman Sachs decided it likes this new unified computing system push announced…
2:54am ET
Media
Media Digest 3/17/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Obama faces backlash due to AIG (AIG) compensation issues which could set bank his efforts to salvage the financial system. Reuters reports that Lehman will put two of its…
10:44am ET
Apps & Software
Cisco’s Unified Computing: Many Risks, Questionable Rewards (CSCO, VMW, EMC, BMC, MSFT, RHT, ACN)
Cisco Systems, Inc. (NASDAQ: CSCO) came out with its big technology platform announcement, as prior reports had hinted at. This includes announcements for services and products involving Microsoft Corp. (NASDAQ: MSFT), Red…
2:53am ET
Media
Media Digest 3/16/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, a price battle among goods makers is beginning. Reuters reports that payments to AIG (AIG) employees is causing rage among people already concerned about the bailout. Reuters reports that…
3:10am ET
Investing
Short Sellers May Have Been Squeezed In Citi And GE, But Keep Record Level Positions
Short sellers may have taken a bath in companies such as Citigroup (C) and GE (GE), but they increased investments in many companies to record levels. At the end of February, shares…
9:32am ET
Investing
ARGUS Upgrades Cisco Systems (CSCO) to Buy
ARGUS upgrades Cisco Systems (Nasdaq: CSCO) from Hold to Buy with a $24 price target, citing valuation and its position for competitive outperformance. ARGUS analyst says, “We recognize the risk of continued…
Douglas A. McIntyre 8:17am ET
Jobs
Cisco Layoffs & Executive Change (CSCO)
Cisco Systems, Inc. (NASDAQ: CSCO) has laid off several hundred workers and named a new Executive Vice President of its Worldwide Operations.
Douglas A. McIntyre 4:17am ET
Investing
Short Sellings Move Back Into Financials, Target Industrials, Tech, And Media
Short sellers think financial stocks believe that financial stocks still have further to fall. Based on data as of February 15, short sellers kept a big bet on Citigroup (C). Share short…
3:51am ET
Media
Media Digest 2/25/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Obama is pushing for a new health-care plan which will take ten years to fully take effect. Reuters says Obama is pushing for quick Wall St. reform. Reuters reports…
5:08am ET
Economy
Ten Large American Companies That Won’t Cut Jobs
Layoffs at big companies are so common now that it is novel when a day goes by without Microsoft (MSFT), Caterpillar (CAT), or Macy’s (MC) letting thousands of people go. There are…
10:44am ET
Banking, finance, and taxes
A Cisco Debt Offering? (CSCO)
Cisco Systems, Inc. (NASDAQ: CSCO) made an SEC Filing this morning which may leave many scratching their heads. The company filed a prospectus for a sale of debt securities.
Jon C. Ogg 4:06am ET
Media
Media Digest 2/5/2009 Reuters, WSJ, NYTimes, FT, Bloomberg
According to Reuters, Wall St. workers face a bleak future. Reuters reports that the Senate has agreed to a soft "buy America plan." Reuters reports that the government needs an investment plan…
4:19pm ET
Investing
Cisco Rewards The Bulls (CSCO, VMW)
Cisco Systems Inc. (NASDAQ: CSCO) reported earnings of $0.32 non-GAAP EPS and $9.09 billion in revenue. First Call estimates were $0.30 EPS and $9 billion in revenue. What is more important here…
2:13pm ET
Investing
Traders Betting On Decent Cisco Earnings (CSCO)
Cisco Systems Inc. (NASDAQ: CSCO) is set to report earnings after the close. What is interesting here besides the belief that John Chambers will be more than just cautious is that traders…
Douglas A. McIntyre