Polycom shares fell Thursday as Cisco Systems ramped up competition in the video-conferencing market with its $3 billion acquisition of Norway's Tandberg ASA.
Cisco's play for Tandberg is a real sign of the times for cash rich tech companies. Here's a company trading at or near its 52-week high, and yet dips into its swollen coffers and pays for the $3 billion deal all in cash. And why not, with $35 billion in cash on the balance sheet, Cisco can certainly afford it.
Cisco has agreed to buy Norwegian videoconferencing company Tandberg for $3 billion in cash, its latest bet that video will drive demand for its data transmission gear. The acquisition fills the gap between Cisco's high-end video meeting service and its WebEx tool.
Find out why Cramer says it’s a buy, buy, buy.
Stocks logged their best quarter in 11 years, helped by the weak dollar, despite today's soft landing.
Small cap stocks outperformed large caps this quarter, but what's the best bet going forward? Two portfolio managers Michael Cuggino of Permanent Portfolio Funds and Bill McVail of Turner Small Growth Fund shared their market insights.
Stocks retreated Tuesday as weak readings on manufacturing and jobs offset a a report that showed the economy wasn't in as bad a shape as first expected over the summer.
Futures indicated a positive open for Wall Street on Tuesday, the last day of the third quarter, as European stocks rose and were set to lock in their best quarterly performance in nearly a decade.
Major US companies are bracing for a potentially stronger strain of swine flu this year that could threaten the nation's already fragile economic recovery.
Stocks fell for a third straight session Friday as disappointing reports on new-home sales and durable-goods orders offset an uptick in consumer sentiment.
It's no secret that Apple has embarked on a major environmental push these last few years: At the conclusion of any product roll-out, CEO Steve Jobs typically talks about the environmentally friendly materials and production processes used, and the priority environmental responsibility has become for the folks in Cupertino. It certainly doesn't hurt that Nobel Peace Prize winner - and environmental activist Al Gore sits on Apple's board.
There’s a lot of interest in the California midterm elections because of two well-known business ladies, Meg Whitman (former-CEO of eBay) and Carly Fiorina (former-CEO of Hewlett-Packard).
We're growing, but not as much as you wanted. Hewlett Packard down 1 percent pre-open as CEO Mark Hurd said the magic words: "We expect the IT industry to return to growth in 2010 and believe that HP will outpace the market," but their guidance was not as strong as expected.
In the after hours, investors poured over disappointing results from RIMM trying to determine their impact on Friday’s market action. What must you know?
By any historical measure, Research in Motion has a pretty good, three-month stock run. From a low of around $66 on July 13, they're just shy of $84 today. Hardly a slouch. But...
Don’t look now, but the world is being taken over by widgets. CNBC Contributor David Pogue says even the leading ones leave a lot to be desired.
The Dow 10,000 mark is very much in sight, so what does that mean for investors? Hugh Johnson, of Johnson Illington Advisors, and Emmanuel Ferreira, of the Oppenheimer Quest Opportunity Fund, shared their opposing market views with CNBC on Wednesday.
Following are 2 of Guy Adami’s favorite stocks with his recommended entry or exit points.
Working Mother Magazine unveiled today its list of the 100 Best Companies that support working families, and as more companies realize the benefits of employees' satisfaction, do shareholders gain from it?