cisco posts
Posted Jul 9th 2009 4:00PM by Steven Mallas
Filed under: Earnings reports, Cisco Systems (CSCO), Hewlett-Packard (HPQ), Technology

Networking concern
3Com (NASDAQ:
COMS), whose colleagues include
Cisco Systems, Inc. (NASDAQ:
CSCO) and
Hewlett-Packard Company (NYSE:
HPQ), made an adjusted 10 cents per share in the company's fiscal
fourth quarter. Not so great, considering 3Com made an adjusted 9 cents per share one year ago.
In terms of estimates, 3Com did well. The market was expecting 5 cents per share. The analyst community was obviously worried that the recession was going to hamper profit growth more than it did. Of course, who could blame the analysts, right? After all, 3Com did see a better than 8% slide in top-line sales.
Continue reading 3Com shows little profit growth, stock sells off
Posted Jul 2nd 2009 9:50AM by Laurie Pasternack
Filed under: Analyst reports, Analyst upgrades and downgrades, Cisco Systems (CSCO), Southwest Airlines (LUV), Contl Airlines'B' (CAL), Analyst initiations, Johnson Controls (JCI), Juniper Networks (JNPR), Delta Air Lines (DAL)
Analyst upgrades:
- Citigroup upgraded Adtran (NASDAQ: ADTN) to Buy from Hold on expectations the company will benefit from the broadband Stimulus funds.
- Morgan Stanley upgraded Continental Airlines (NYSE: CAL) to Overweight from Equal Weight based on relative valuation and views the company as a "survivor." Additionally, the analyst lowered 2009 industry estimates but believes it is the last cut for the year and is incrementally more positive on the sector.
- Morgan Stanley also upgraded EXFO Electro-Optical (NASDAQ: EXFO) to Overweight from Market Weight based on valuation.
- Tata Motors (NYSE: TTM) was upgraded to Buy from Hold at Deutsche Bank.
- Ascent Solar (NASDAQ: ASTI) was upgraded to Neutral from Underweight at JP Morgan.
- Mechel Steel (NYSE: MTL) was upgraded to Neutral from Underperform at Credit Suisse.
Continue reading Analyst upgrades, downgrades and initiations: ADTN, CAL, EXFO, JCI, LUV, VAR, CSCO, KMT, EZCH
Posted Jun 5th 2009 9:00AM by Steven Mallas
Filed under: Earnings reports, Cisco Systems (CSCO), Ciena Corp (CIEN), Alcatel-LucentADS (ALU), Technology
Ciena (NASDAQ: CIEN), a business that sells various networking and software products for fiber-optic and broadband technologies, and whose colleagues include Cisco (NASDAQ: CSCO) and Alcatel-Lucent (NYSE: ALU), reported late Thursday a difficult second quarter. Revenues declined by 40%. For the bottom line, Ciena said it lost 25 cents per share on an adjusted basis. Last year at this time, Ciena made an adjusted 40 cents per share. And in terms of expectations, the company was only supposed to lose 9 cents per share. Guess there wasn't a chance of that, huh?
Continue reading Ciena lost money, missed expectations in Q2
Posted May 9th 2009 12:40PM by Trey Thoelcke
Filed under: Earnings reports, Cisco Systems (CSCO), Sirius Satellite Radio (SIRI), Hansen Natural (HANS), Walt Disney (DIS), American Express (AXP), News Corp'B' (NWS), Alcatel-LucentADS (ALU), Tyson Foods'A' (TSN), Symantec Corp (SYMC), Las Vegas Sands (LVS), Vonage Holdings (VG), Blackstone Group L.P (BX), Garmin Ltd (GRMN), Marvel Entertainment (MVL)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Disney, Cisco, News Corp., Marvel, Sirius, Blackstone and more
Posted May 7th 2009 8:45AM by Steven Mallas
Filed under: Earnings reports, Cisco Systems (CSCO), Hewlett-Packard (HPQ), Alcatel-LucentADS (ALU), Juniper Networks (JNPR), Technology
Cisco (NASDAQ: CSCO) reported Q3 stats after the bell on Wednesday. How did the tech company that runs with the likes of Hewlett-Packard (NYSE: HPQ), Juniper Networks (NASDAQ: JNPR), and Alcatel-Lucent (NYSE: ALU) fare? Very well, thank you.
Well, let me clarify that. Cisco saw a lot of declines in its numbers, but we all know what the most important thing to investors is: beating the Wall Street analysts. In this regard, Cisco's management did just fine. As I observed in my earnings preview piece, the call was for Cisco to do somewhere around 25 cents per share. Well, the company bested that figure by an awesome nickel on an adjusted basis.
Continue reading Cisco beats the analysts -- is this tech stock a recovery play?
Posted May 5th 2009 5:00PM by Steven Mallas
Filed under: Earnings reports, Forecasts, Cisco Systems (CSCO), Hewlett-Packard (HPQ), Alcatel-LucentADS (ALU), Juniper Networks (JNPR), Technology
Tech investors will be looking forward to seeing how Cisco (NASDAQ: CSCO) made out in the third quarter. The networking entity, whose colleagues include Hewlett-Packard (NYSE: HPQ), Juniper Networks (NASDAQ: JNPR), and Alcatel-Lucent (NYSE: ALU), will be reporting Q3 numbers on Wednesday, May 6, after the market closes. According to analysts, Cisco is not expected to grow the bottom line. The call is for 25 cents per share. If that figure is hit, then it will represent a drop of more than 30% on a year-over-year basis.
Here's the bright side, though. Cisco has beat the analysts at their game in recent times. Quite frankly, I think Cisco should be able to come ahead of estimates this week. I don't necessarily see why the trend will break. It's not like the stock has been telling the market that it will. Shares of Cisco have been doing well.
Continue reading Earnings preview: Will Cisco deliver the goods in Q3?
Posted Apr 1st 2009 12:10PM by Steven Halpern
Filed under: Cisco Systems (CSCO), Newsletters, Stocks to Buy
"Cisco (NASDAQ: CSCO) has increasingly developed a series of technologies more closely tied to end-users -- with a focus on the home entertainment hub," notes Toby Smith.
The editor of ChangeWave Investing explains, "The company understands that the market for consumer electronics products is too big and too important to ignore."
"It is well known that Cisco is the dominant supplier of the switches and routers that enable networks and computers to be linked together.
"Recently, Cisco made its most consumer-oriented acquisition by picking up privately held Pure Digital Technologies, the maker of the popular and simple-to-use Flip video camcorder.
Continue reading Cisco (CSCO) targets consumer entertainment
Posted Mar 22nd 2009 2:10PM by Tom Taulli
Filed under: Hewlett-Packard (HPQ), International Business Machines (IBM), Sun Microsystems (JAVA), Oracle Corp (ORCL)
Over the years, Oracle's (NASDAQ: ORCL) CEO, Larry Ellison, has bulked up his company through aggressive M&A deals. Simply put, he thought there was too much capacity -- and valuations were affordable. Well, it looks like other mega tech companies are seeing the merits of this strategy. In fact, according to Reuters, it appears that this could be a big year for tech M&A.
And, there is certainly enough buying power, such as from companies like Cisco Systems (NASDAQ: CSCO), IBM (NYSE: IBM) and Hewlett-Packard (NYSE: HPQ). Already, the deal-making is revving up. For example, IBM is in the process of paying a hefty all-cash premium for Sun Microsystems (NASDAQ: JAVA). There was also Cisco's $590 purchase of Pure Digital Technologies last week.
Continue reading Is this the year of the tech deal?
Posted Mar 19th 2009 11:40AM by Beth Gaston Moon
Filed under: Deals, Cisco Systems (CSCO), Technology
Networking giant Cisco Systems (NASDAQ: CSCO) announced today that it will purchase Pure Digital Technologies Inc. for $590 million in stock.
In addition to the acquisition fee, CSCO will pitch in $15 million in incentives for Pure Digital employees. The acquisition is tentatively scheduled for completion in the fiscal fourth quarter of 2009.
Pure Digital is best known for its Flip video miniature camcorder, which runs slightly more than $100 for the basic model and is popular with the blogging sect. (True story: mine -- bought by my early-adopter Dad in Christmas 2007 -- is sitting on my desk right now, having been borrowed by our social media team for South by Southwest Interactive coverage.)
A new version, Flip MinoHD, takes high-definition shots and costs about $210. More than 2 million Flip camcorders have been sold since the product first hit shelves.
Continue reading Cisco Systems (CSCO) flipping its lid
Posted Feb 7th 2009 9:40AM by Trey Thoelcke
Filed under: Earnings reports, Cisco Systems (CSCO), Time Warner (TWX), Motorola (MOT), Estee Lauder (EL), NYSE Euronext (NYX), BP p.l.c. ADS (BP), Anadarko Petroleum (APC), Visa Inc. (V)
Here are some highlights from this past week's earnings coverage from BloggingStocks:
Continue reading Earnings highlights: Time Warner, BP, Cisco, Motorola, Visa and others
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