|Bid||46.35 x 1000|
|Ask||46.60 x 900|
|Day's Range||46.13 - 47.04|
|52 Week Range||35.93 - 49.47|
|Beta (3Y Monthly)||1.12|
|PE Ratio (TTM)||176.91|
|Earnings Date||Feb 12, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||1.32 (2.85%)|
|1y Target Est||51.80|
One place that's set to feel that shift more than most is Southeast Asia . To keep up with the pace of change, the region will try to transition from agricultural jobs to service-led roles in a few years — something that's taken most advanced economies decades to do.
In corporate finance, cash windfalls can be surprisingly dangerous. This may be what is happening as a result of the US Tax Cuts and Jobs Act, which reduced the corporate tax rate from 35 per cent to 21 per cent and provided a one-off tax relief for the repatriation of foreign cash holdings. According to Moody’s Investors Service, tech companies also led a parallel trend: to use the tax windfalls to pay down debt.
Tesla stock and PayPal stock lead top stocks that are near cup-with-handle buy points. Investors should watch for handles, which create earlier entries.
Bearish investors have had a list of concerns about Cisco Systems Inc. but on Wednesday, the networking giant seemed to tick off many items on those lists, and knock them down, one by one.
Cisco's CEO wants to make mental health a priority and reduce stigma among his 75,000 employees. Robbins said he started focusing on the issue after an executive spoke up about a family member who was struggling. In June, less than a week after the shocking suicides of celebrities Kate Spade and Anthony Bourdain, Cisco CEO Chuck Robbins felt compelled to address the matter head-on with his employees.
Nike (NYSE:NKE) has long had a reputation for acting like a technology company, although its growth rate is more akin to that of Cisco Systems (NASDAQ:CSCO) than Amazon.com (NASDAQ:AMZN). Investors have been doing just that lately, tossing out Nike like it was Microsoft (NASDAQ:MSFT), the shares down almost 13% from their Sept. 21 peak, opening for trade November 15 at around $75. Nike, in other words, is a fashion name, not a technology name.
Cisco (CSCO) announced its results for the first quarter of fiscal 2019, which ended in October 2018, on Wednesday, November 14. The stock rose 5% in after-hours trading on Wednesday, as the tech giant beat earnings and revenue estimates. Cisco generated Q1 revenues of $13.07 billion, an increase of 7.7% YoY. This rise represented the fourth consecutive quarter of YoY revenue growth, following eight consecutive quarters of decline. Wall Street was expecting revenue of $12.87 billion.
Of the 29 analysts covering Cisco Systems (CSCO), 20 have recommended the stock with a “buy” rating while nine have rated the stock a “hold.” None of the analysts have a “sell” rating on the stock. Cisco was trading at $44.33 as of November 14, a 14.75% discount to its consensus median target estimate. Cisco reported better-than-expected first-quarter numbers on November 14 after the market bell.
Investing.com - Wall Street clawed back from early weakness Thursday, snapping a four-day losing streak, as renewed optimism on trade encouraged traders to resume bullish bets on stocks.
Cisco (CSCO) ended the first quarter of fiscal 2019 with an operating cash flow of $3.8 billion, which includes the receipt of $0.4 billion relating to a litigation settlement with Arista Networks. Cash flow from operations increased 22% year-over-year in the quarter. Cash and cash equivalents were $8.4 billion at the end of October 2018, compared with $8.9 billion at the end of July 2018. The company’s long-term debt fell to $18.3 billion at the end of October 27 from $20.3 billion at the end of July 28.
U.S. stocks rose on Thursday on optimism the United States and China could resolve their trade dispute, after a news report said Washington would pause further tariffs on Chinese imports. Wall Street's ...
fell 2% even after after the world's largest retailer posted stronger-than-expected third-quarter earnings and raised earnings guidance for its next fiscal year. Stocks ended higher on Thursday, Nov. 15, shrugging off mixed earnings from retail giant Walmart Inc. Meanwhile, Federal Reserve Chairman Jerome Powell told an audience in Dallas Wednesday that he was "very happy about the state of the economy," noting low unemployment rates and growth around 3%.
Bulls came out on top after another volatile session for the key indexes in the stock market today. The Nasdaq led as hard-hit tech stocks rebounded.
The major indexes were squarely lower in morning trade Thursday. Cisco Systems and Walmart reported their quarterly earnings results.
Dow Jones stocks Cisco Systems and JPMorgan rose, Boeing dived on Thursday, as the S&P 500 threatened to add a sixth day to its losing streak.
Stock futures: Cisco, Walmart and NetApp moved on earnings. Warren Buffett, via Berkshire Hathaway, bought Oracle and JPMorgan stock in Q3. Apple was still active.
With the Nasdaq back to 12% off its high, the bulls and bears alike have their reasons for their opposite stances.
Cisco Systems showed bullish action and has been outperforming fellow megacap tech Apple since October. Leading retailers cooled off.