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Tag: CSCO


Stocks Fall as Oil Prices Rise and Tech Weighs

by on Mar.07, 2011, under Towing

Increasing violence in Libya caused oil prices to rise and stocks to fall 80 points to close at 12,090 on Monday. It didn’t help that a Wells Fargo analyst also downgraded the semiconductor industry, sending shares of Intel down by 1.6%.

Continue reading Stocks Fall as Oil Prices Rise and Tech Weighs

Stocks Fall as Oil Prices Rise and Tech Weighs originally appeared on DailyFinance on Mon, 07 Mar 2011 16:15:00.

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Cisco’s Optimism Falls on Wall Street’s Deaf Ears

by on Feb.15, 2011, under Towing

Cisco’s latest earnings topped analysts’ estimates, but profit margins disappointed investors, and the stock plunged 15%. CEO John Chambers insists it’s only temporary and that better days are coming. So far, though, nobody is buying that line.

Continue reading Cisco’s Optimism Falls on Wall Street’s Deaf Ears

Cisco’s Optimism Falls on Wall Street’s Deaf Ears originally appeared on DailyFinance on Tue, 15 Feb 2011 07:30:00.

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