After the close of trading we’ll get to see earnings out of Cisco Systems, Inc. (NYSE: CSCO). The estimates from First Call for the networking giant are $0.38 EPS on $9.79 billion…
Douglas A. McIntyre After the close on this coming Wednesday, we’ll get to see earnings out of perhaps one of the most important tech companies: Cisco Systems, Inc. (NASDAQ:CSCO). The estimates from First Call for…
Cisco (CSCO) is launching a new line of products to serve big corporate data centers. According to The Wall Street Journal "the networking giant says its Nexus Series of products will address…
Nasdaq short interest on January 15 shows that investors were willing to make big bets against tech share prices. The numbers are compared to statistics on December 31. Short interest in Level…
Firestone. American Motors. Texaco. Pan Am. Worldcom. At one point or another these large American companies were at the top of their industries. Pan Am was the leading global airline for decades.…
These are not at all the only stocks we saw hitting 52-week lows. These are the main names we follow that closed lower and that challenged their 52-week lows: ALCOA (AA) opened…
With about 20 minutes to go into the close and on one ugly day, we have the DJIA down nearly 300 points, the NASDAQ down almost 40 points, and even the S&P…
Consider the stocks which hit 52-week highs in 2007 and may not be back to those levels of years. JP Morgan (JPM) hit $53.25 and now trades at just above $39. It…
IBM (IBM) has come out raised guidance this morning on strong international orders. Big Blue put earnings at $2.80 EPS, and the First Call estimate was $2.60 EPS. and revenues came in…
As 2008 looks a more shaky year and one that the stock market looks like it is trying to price in a recession, there may be one victim: the share repurchase plans…
John Chambers of Cisco (CSCO) says he will not change his plans for the company even if there is a significant recession. His view of the world goes out five years or…
According to Reuters, Howard Schultz, Starbucks (SBUX) founder, has taken over as CEO. Reuters writes that Cisco (CSCO) will keep its current strategy, even in a recession. Reuters writes that Samsung is…
The tech sell-off is accelerating. It may be that Intel (INTC) got downgraded or that Motorola (MOT) may have had a weak Q4. But, the problem is probably worse than that. Tech…
A recent poll from Reuters showed that analysts believe that earnings growth rates will go negative in the fourth quarter. It is the first time that has happened since the poll was…
On tonight’s MAD MONEY on CNBC, Jim Cramer came out and wanted to give his BUY, SELL, or HOLD recommendations on his Top 9 Picks from 2007 now that we are into…