42.29 0.00 (0.00%)
After hours: 4:00PM EDT
|Bid||42.30 x 800|
|Ask||42.31 x 4000|
|Day's Range||41.81 - 42.82|
|52 Week Range||30.36 - 46.37|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 15, 2018|
|Forward Dividend & Yield||1.32 (3.06%)|
|1y Target Est||49.70|
Cisco Systems (CSCO) has launched an ambitious effort to curb its rising costs. The company’s operating expenses jumped 7.0% year-over-year to $4.6 billion in its fiscal third quarter, which ended in April. Its operating expenses reached $17.2 billion in fiscal 2017.
Cisco Systems, Inc. ( CSCO) stock has been steadily climbing over the past year, with shares of the networking company reaching prices not seen in nearly 20 years, rising by almost 36%, and easily beating the S&P 500’s return of 13%.
Investors seeking to preserve capital in a volatile environment might consider large-cap stocks such as Cisco Systems Inc (NASDAQ:CSCO) a safer option. One reason being its ‘too big to fail’Read More...
Shares of Cisco Systems Inc. (csco) are up 0.5% in Friday trading after J.P. Morgan analyst Samik Chatterjee reiterated his overweight rating on the stock following a pullback after the company's May earnings report. "We believe the share price weakness, despite largely unchanged consensus earnings expectations, has been driven by a push back relative to valuation with NTM P/E multiple at 15.3x vs. recent year average of 12.8x (since 2014)," Chatterjee wrote. "However, despite the recent year re-rating, we see Cisco trading at an attractive valuation relative to a peer group of hardware and software companies, particularly when viewed in the context of an increasing mix of software and recurring revenues." Chatterjee has a $58 price target on the stock and is upbeat about the company's transition to software from hardware.
Cisco's Research Triangle Park site lead is hoping his 9,050-square-foot Chapel Hill mansion will fetch top dollar on the auction block.
The Dow Jones Industrial Average got it half right in its latest shuffle. Walgreens’ heyday was a decade or more ago, when drugstore chains were hot growth companies. Walgreens, whose shares are up 3%, to $67.67, in trading on Wednesday, is the 102nd largest company in the S&P 500 index, with a market value of $64 billion.
Cisco (CSCO) plans to acquire Burlingame, CA-based July Systems for an undisclosed amount. Cisco will thereby add enterprise level indoor location capabilities to boost its Enterprise Wi-Fi offering.
Congressional Republicans scrambled on Tuesday to craft legislation that would quell an outcry over the Trump administration's separation of immigrant parents and children at the U.S.-Mexico border, with an opinion poll showing most Americans oppose the policy. The family separations and detentions of children, highlighted by videos of youngsters in cages and an audiotape of wailing children, have sparked anger at home from groups ranging from clergy to influential business leaders, as well as condemnation abroad.
Treasury Secretary Steven Mnuchin says investment restrictions will target 'all countries that are trying to steal our technology.' Yahoo Finance's Seana Smith, Andy Serwer and Julia La Roche discuss.
Andy Serwer interviews fmr. Microsoft CEO Steve Ballmer at the Penn Wharton inaugural Economic Policy Forum from the Capitol Visitor Center in Washington D.C.