Even if it isn't a bubble, the tech sector has had a pretty big run, and it might be time to look at some cautious ways to target tech-stock returns.» Read More
Jan 8- Activist hedge fund Elliott Management Corp offered to buy network equipment maker Riverbed Technology Inc for about $3.08 billion in cash, an offer analysts said was likely to be a precursor to a higher bid.
Almost everyone wants to see the markets drop, but for different reasons.
Dec 13- Qualcomm Inc said Chief Operating Officer Steve Mollenkopf, touted as a possible candidate for the top job at Microsoft Corp, will become the chipmaker's CEO in March, replacing Paul Jacobs who becomes executive chairman.
Dec 12- Network equipment maker Ciena Corp forecast current-quarter revenue largely below Wall Street estimates as its telecom customers held back on spending in the last few months of the year. Ciena shares fell as much as 6 percent after the company also reported lower-than-expected fourth-quarter profit due to higher costs.
Dec 12- Network equipment maker Ciena Corp reported a lower-than-expected quarterly profit as costs rose 20 percent and forecast current-quarter revenue largely below Wall Street estimates, sending its shares down 11 percent before the bell.
Jim Cramer said these two Dow stocks are to be avoided at all costs until the end of the year.
Signs of rapidly worsening Chinese demand for IT giants IBM and Cisco Systems are starting to spook Hewlett-Packard investors.
Nov 14- Cisco Systems Inc's shares fell as much as 13 percent on Thursday after the network equipment maker forecast a steep drop in revenue for the current quarter, prompting at least 17 brokerages to cut price targets on its stock and two to downgrade their ratings. Analysts cut their price targets on Cisco's stock by as much as $6 to a low of $20.
Nov 14- Cisco Systems Inc's shares were set to open about 13 percent lower after the network equipment maker forecast a steep drop in revenue, prompting at least two brokerages to downgrade its stock and 12 to cut their price targets.
NEW YORK, Nov 6- Network equipment maker Cisco Systems Inc, looking to protect its core business from new competition, has bought out the remainder of its majority-owned data center technology start-up, Insieme, in a deal that could cost up to $863 million.
Besides the ousted co-founders, there are a number of other key players who are responsible for growing and running the company now.
Trends emerge this earnings' season: limited Q4 visibility, momentum names slide, oil is dropping, and bond yields break down.
Stocks are down globally, with the most likely explanation being that stocks are greatly overbought.
Some of the names on the move ahead of the open.
Stocks recovered from session lows to close higher Tuesday, with the S&P 500 hitting a new high above 1,750, after the tepid September jobs report gave further evidence to investors that the Federal Reserve will continue to support the economy at the current pace.
Check out which companies are making headlines after the bell Tuesday:
Oct 22- Juniper Networks Inc reported a nearly six-fold rise in quarterly profit due to a rebound in demand for network equipment from telecom service providers. Net income rose to $99 million, or 19 cents per share, in the third quarter, from $17 million, or 3 cents per share, a year earlier.
*Netflix shares extend gains on strong earnings, more subscribers. NEW YORK, Oct 22- U.S. stocks were set to open higher on Tuesday after weaker-than-expected job creation last month raised expectations that the Federal Reserve will continue to stimulate the economy at the current pace into 2014..
U.S. stock index futures tread water on Tuesday, ahead of the publication of the government's delayed non-farm payrolls data for September.
*Netflix shares extend gains on strong earnings, more subscribers. NEW YORK, Oct 22- U.S. stock index futures were little changed on Tuesday amid caution before the government's September payrolls report, which was delayed by the government shutdown.