Alcatel-Lucent Junk Status at S&P May Get Worse (ALU, CSCO)
The focus for networking and communications equipment this week was supposed to be all about Cisco Systems Inc. (NASDAQ: CSCO). That may be true the rest of the week, but a call…
The focus for networking and communications equipment this week was supposed to be all about Cisco Systems Inc. (NASDAQ: CSCO). That may be true the rest of the week, but a call…
Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Friday morning. Advance Auto Parts (NYSE: AAP) cut to Neutral at Credit Suisse.…
Short sellers backed away from their gambles on old tech firms as they increased their positions in new Web 2.0 companies. For the period that ended July 31, short sellers cut their…
The three major US stock indexes opened mixed this morning following a wealth of data on the Chinese economy. The short version is that the economy is slowing so much and inflation…
Cisco Systems, Inc. (NASDAQ: CSCO) is due to report its quarterly earnings in less than a week. So what is a guy supposed to think when he sees two strong analyst upgrades…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Allscripts Healthcare Solutions (NASDAQ: MDRX) raised to Overweight at JPMorgan. American Electric…
Everyone loves a good turnaround story, particularly in down-and-out technology stocks. The problem is that many turnarounds can never turn around. Computer Sciences Corp. (NYSE: CSC) was touted over and over as…
This week we featured a list of the six cheapest DJIA components as of Monday’s close. The basis was how discounted the share prices have been to the consensus analyst price target…
Brocade Communications Systems Inc. (NASDAQ: BRCD) announced Monday that a San Jose federal court jury had found A10 Networks responsible for broad-based intellectual property infringement and unfair competition. Brocade was awarded approximately…
As stocks rise, analysts generally lift their price targets on key stocks. As stocks fall, analysts generally lower their price targets. It is a game on Wall St., but it is a…
VirnetX Holding Corp. (NYSEMKT: VHC) has announced that on Wednesday the U.S. District Court for the Eastern District of Texas, Tyler Division, issued its patent claim construction, or “Markman” Order, in the…
The European Commission this morning gave its approval to the $5 billion acquisition of NDS Group Ltd. by Cisco Systems Inc. (NASDAQ: CSCO). The deal was announced in March. NDS, formerly owned…
Carlyle (NASDAQ: CG) may buy a unit of United Technologies (NYSE: UTX). (Reuters) More factories move to the United States as China’s manufacturing costs rise. (Reuters) The CEOs of Apple (NASDAQ: AAPL)…
Cisco (NASDAQ: CSCO) will cut 2% of its work force — about 1,200. The huge router company has been hurt by year’s of diversification that has left it in low margin businesses.…
If you thought things were ever dicey at Cisco Systems, Inc. (NASDAQ: CSCO), the woes happening at Alcatel-Lucent SA (NYSE: ALU) are just atrocious. The sad thing to see is that what…