Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Cisco Systems, Inc.    CSCO

Delayed Quote. Delayed  - 10/21 10:00:00 pm
30.15 USD   -0.03%
02:47p CISCO : Kessler Investment Group buys $2,629,019 stake in Cisco Syst..
06:56a CISCO : Acquisition of CISCO components
10/21 CISCO : Preparing to Act Fast when Disaster Strikes
News SummaryMost relevantAll newsSector news 

TECH STOCKS: BlackBerry Leads Tech Gains; Cisco Slips

share with twitter share with LinkedIn share with facebook
share via e-mail
02/15/2013 | 12:27am CEST

By Dan Gallagher, MarketWatch

SAN FRANCISCO (MarketWatch) -- Technology stocks held on to modest gains by Thursday's closing bell, led by a sharp upswing at BlackBerry Inc. and Angie's List that offset declines at sector giant Cisco Systems.

The Nasdaq Composite Index (RIXF) closed up a fraction to 3,199 while the Morgan Stanley High-Tech Index (MSH) edged up 0.2% and the Philadelphia Semiconductor Index (SOX) added about 0.8%.

BlackBerry (RIMM) jumped nearly 8%, reversing from an earlier loss. A regulatory filing by former co-CEO Jim Balsillie showed the former leader of the smartphone maker had sold all of his shares in the company. He had held an ownership stake of more than 5% as recently as late 2011, according to Dow Jones Newswires.

Balsillie stepped down as co-CEO in early 2012 as part of a major shake-up at the company that brought in current chief Thorsten Heins, who is leading the launch of the new BlackBerry 10 platform.

Angie's List (>> Angie's List Inc) surged nearly 24% following strong results and a positive forecast. Several analysts issued positive reports on the results, noting that the company is improving on its business model that largely has users paying for its content.

Weighing on the tech sector was Cisco Systems (>> Cisco Systems, Inc.), which saw its shares close down about 0.7% after the network giant reported a small sales gains for its second fiscal quarter and issued a forecast that was in line with Wall Street's estimates. The stock had rallied 25% since the company's prior earnings report.

"Investors may have to wait a bit longer if they were hopeful that Cisco Systems' earnings report would spark a rally in tech," wrote Scott Thompson of FBR Capital on Thursday, who added that the results "fell short of breakout performance."

Dell (>> Dell Inc.) closed down 0.4%. Raymond James downgraded the stock, on the belief that the company is unlikely to fetch much of a higher price in its pending buyout deal.A filing also revealed that founder and CEO Michael Dell agreed to take a lower valuation of his own shares in order to get partner Silver Lake to raise the bid price.

NetApp (>> NetApp Inc.) reversed from an earlier loss, closing up a fraction at $35.86. Earnings jumped 32% at the provider of network storage solutions, but NetApp's shares had also run up by more than 36% over the last three months.

Rohit Chopra of Wedbush kept his neutral rating on NetApp following the results, writing that "we remain cautious on the uncertain spending environment and advise investors to remain on the sidelines until signs of sustainable growth and visibility emerge."

Nvidia Corp. (>> NVIDIA Corporation) shares picked up nearly 3% after slipping earlier. Needham & Co. downgraded the chip maker to a hold rating following its results. "Rising opex growth is outpacing revenue growth, eliminating any earnings leverage," analyst Rajvindra Gill wrote in a note.

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on CISCO SYSTEMS, INC.
02:47p CISCO : Kessler Investment Group buys $2,629,019 stake in Cisco Systems
06:56a CISCO : Acquisition of CISCO components
10/21 CISCO : Preparing to Act Fast when Disaster Strikes
10/21 CISCO : This Free Tool Protects PCs from Master Boot Record Attacks
10/21 CONNECTIONS : Vulnerabilities? Or advantages?
10/21 CISCO : Tiverity Hires New Senior Solutions Architect
10/21 CISCO : There’s Never Been a Better Time for Women to Shape Asia Pacific&r..
10/21 CISCO : storage networking products get FCIP, FCoE upgrades
10/21 CISCO : chair emeritus shares wisdom with UW-L students
10/21 CISCO : A new paradigm for dealing with illegal redistribution of content
More news
Sector news : Communications & Networking - NEC
08:49aDJTELEFONAKTIEBOLAGET LM ERICSSON : Ericsson Swings To Quarterly Loss -- WSJ
10/21DJMARKET SNAPSHOT : U.S. Stocks Fall As GE Results Outweigh Microsoft's Record
10/21DJTELEFONAKTIEBOLAGET LM ERICSSON : Ericsson Plunges to Third-Quarter Loss -- Upda..
10/20DJLawsuit Over Cellphones and Cancer Hits a Stumbling Block
10/18DJQUALCOMM : Promises 5G Modem Chip for 2018
More sector news : Communications & Networking - NEC
News from SeekingAlpha
02:27a S&P 500 WEEKLY UPDATE : A Stock Market In No Man's Land Searching For A Near Ter..
10/20 Using VIX In A Stock Portfolio
10/19 'Index? We Ain't Got No Index. We Don't Need No Index. I Don't Have To Show Y..
10/19 Buy CVS Health - Cramer's Lightning Round (10/18/16)
10/17 My Third Quarter Portfolio Review - Focus On Dividend Growth And Quality
Financials ($)
Sales 2017 49 801 M
EBIT 2017 15 232 M
Net income 2017 10 455 M
Finance 2017 2 257 M
Yield 2017 3,47%
P/E ratio 2017 15,03
P/E ratio 2018 13,80
EV / Sales 2017 2,99x
EV / Sales 2018 3,01x
Capitalization 151 183 M
More Financials
Duration : Period :
Cisco Systems, Inc. Technical Analysis Chart | CSCO | US17275R1023 | 4-Traders
Full-screen chart
Technical analysis trends CISCO SYSTEMS, INC.
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 35
Average target price 33,3 $
Spread / Average Target 10%
Consensus details
EPS Revisions
More Estimates Revisions
Charles H. Robbins Chief Executive Officer & Director
John T. Chambers Executive Chairman
Rebecca J. Jacoby Chief Operating Officer & Senior Vice President
Kelly A. Kramer Chief Financial Officer & Executive Vice President
Joel Bion Senior VP-Research & Advanced Development
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CISCO SYSTEMS, INC.11.03%151 183
QUALCOMM, INC.35.90%100 105
ALCATEL LUCENT-4.11%13 481
More Results