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US stocks end mixed amid rising COVID-19 cases as Nasdaq hits another record
The Nasdaq Composite clocked its 49th record closing high
Company
Cisco Systems Inc
NASDAQ:CSCO
Cisco Systems Inc designs and sells a range of technologies that power the Internet. It is integrating its platforms across networking, security, collaboration, applications and the cloud. The company's segments include the Americas; Europe, Middle East and Africa (EMEA), and Asia Pacific, Japan and China (APJC). Its product categories include Secure, Agile Networks; Internet for the Future; Collaboration; End-to-End Security; Optimized Application Experiences and Other Products. Secure, Agile Networks consists of its core networking technologies of switching, enterprise routing, wireless and compute products.
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Cisco beats earnings estimates in first quarter, unveils new CFO
The videoconferencing, network and security services firm reported adjusted earnings of US$0.76 per share for the quarter, above forecasts of US$0.70 but down from US$0.84 a year ago
Hardware & electrical equipment
IPO Roundup: Datadog earns $7.83B valuation, snuffs takeover offer from Cisco
According to reports, Cisco made an offer that topped Datadog's $7 billion post-IPO valuation estimate
LATE MOVERS: CBS falls after broadcaster reports disappointing 4Q earnings and revenue
Also on the move were Applied Materials, Outback parent Bloomin' Brands, CenturyLink, Cisco Systems, NetApp and Nvidia
Caliva closes $75M funding round with ex-Yahoo CEO Carol Bartz and NFL great Joe Montana as investors
The company plans to use the money to increase its product portfolio and expand its reach to Californians
EARLY MOVERS: Cisco Systems surges as fiscal 1Q beats analyst expectations but PG&E takes another hit as California rage
Also in play before the New York bell is Netease Inc, the Brexit debate in the UK and JPMorgan
Investments and investor services
Nasdaq and Dow endure another beating as stocks close deep in the red
Red Hat sprinted higher after news it would be acquired by tech giant IBM
Wall Street slumps into the red on trade war fears with tech stocks leading the selling
Investors are responding poorly to the news that Canada has thus far failed to join the US and Mexico’s new trade deal
Hardware & electrical equipment
LiveTiles adds ex-Microsoft director to fold after nearly tripling revenues to $15 million
The ZenDeals founder was principal software development engineering lead at Microsoft until December last year.
Hardware & electrical equipment
Cisco tops analyst estimates in fiscal 4Q, better-than-expected 1Q ahead
Analysts at Oppenheimer wrote that Cisco continued to successfully pivot to a software-driven business model
Hardware & electrical equipment
Amazon.com reportedly squashes rumor it's looking to sell its own network switches
Shares in Cisco Systems took a beating after a report emerged that Amazon Web Services was considering selling its own network switches
PRE-MARKET MOVERS: eBay getting crushed in pre-market but PepsiCo nudges higher
American Express and Cisco Systems were also stocks in focus in pre-market in New York
PRE-MARKET MOVERS: Jack in the Box slips lower but Williams Companies gains ground
NetEase Inc and Cisco Systems Inc are also making pre-market moves
Hardware & electrical equipment
Cisco shares fall despite surpassing Wall Street earnings estimates, dragging down the Dow
The tech company beat consensus estimates on earnings and revenue
Smartsheet Inc. files for US$100mln IPO
Its cloud-based spreadsheets for managing teams and projects are used by many Fortune 500 companies
Nike Inc, Micron Technology, Cisco Systems, Pfizer and more - PRE-MARKET
After a sharp plunge in the markets on Thursday, Proactive takes a pre-market peek into the movers and shakers in New York
Connected IO opens new sales channel through deal with major US telco
Cisco (NASDAQ:CSCO) predicts there will be 50 billion connected devices by 2020.
Hardware & electrical equipment
Cisco zips higher as it posts first rise in quarterly profit in more than two years
The company has been transitioning towards becoming a software-focused business in recent years, an the move seems to be starting to pay off
Wall Street closes up, notching its 5th consecutive session in the black, buoyed by Cisco, latest data
The indices are headed up after jobless claims numbers, with more economic data slotted for release today ...
Finjan, Blue Coat Systems resolve patent dispute, avoid retrial
The cybersecurity company agrees to confidential terms with Symantec-owned Blue Coat