|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||43.33 - 44.90|
|52 Week Range||30.36 - 46.16|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 16, 2018|
|Forward Dividend & Yield||1.32 (3.05%)|
|1y Target Est||48.85|
As I covered in my Microsoft Teams analysis here, chat-based tools are all the rage right now in business productivity, collaboration and “future of work” conversations. A lot of them have popped up in the last several years—Cisco Systems Spark, Facebook for Work, Flock, Google Hangouts Chat, Slack, and Microsoft Teams, to name the players so far. Last week, it was Cisco Systems’ turn at the plate to take a swing.
Shares of Mitel (MITL), the Ottawa, Canada-based vendor of what’s known as “unified communications,” are up 99 cents, or 10%, at $11.15, after the company this morning announced it agreed to be bought out by a private-equity shop, the latest sign the market for changing the way companies' do phone calling is heating up. Mitel announced it will be bought out by an investor group led by affiliates of Searchlight Capital for $2 billion, or $11.15 per share in cash. The price is above Mitel’s 52-week and three-year high price, it pointed out.
Shares of Cisco Systems, Inc. (NASDAQ:CSCO) have been on an impressive rebound as of late. While Cisco stock came down with the rest of the market in both February and April, it’s been an out-performer on the way up. Over the last ten calendar days, Cisco stock is up more than 9%, compared to the 3.6% and 5.25% respective gains for the SPDR S&P 500 ETF Trust (NYSEARCA:SPY) and the PowerShares QQQ Trust, Series 1 (ETF) (NASDAQ:QQQ).
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SAN JOSE, Calif., April 24, 2018 (GLOBE NEWSWIRE) -- Cisco announced that it is collaborating with Orange on the modernization and expansion of Orange`s Open Transit Internet (OTI) service. This initiative ...
Cisco announced that it is collaborating with Orange on the modernization and expansion of Orange’s Open Transit Internet (OTI) service. This initiative offers Orange Group the chance to expand its network in Europe, Africa, and the Middle East, with reduced operational complexity and increased capacity using the new generation of routers on its OTI service. The resulting increase in network efficiency will improve service for Orange customers and manage the exponential increase in Internet traffic across the network.
Tech stocks have been unpredictable over the past few weeks, but there is no question that the technology sector has been at the forefront of the market's strong multiyear run. Dividend-focused investors can search for the best tech stocks by using the Zacks Stock Screener. Check out three of these stocks to buy now!
Ericsson (ERIC) posted improved losses in the first quarter of 2018, driven by company’s cost-cutting efforts. During the quarter, the company laid off 3,000 workers. Employee reduction is part of the company’s cost-cutting program. Ericsson has been cutting down its workforce since July 2017. It has reduced its employees by almost 18,000.
On Friday, Ericsson (ERIC) stock surged more than 17% after the telecom equipment maker posted profits for the first quarter of 2018. Ericsson closed the day up $1.14 at $7.78 on the company’s better-than-expected earnings in 1Q18. The company noted that its turnaround strategy has been bearing fruit, which is helping to reduce losses and boosting investors’ confidence, as is reflected in the stock price.
After a spell of high volatility driven by uncertainty over global trade policy and the threat of rise in prices of essential commodities, Wall Street is looking for some respite in the upcoming earnings season. Given the positive trend, investing in blue-chip stocks that are likely to make the most of the earnings season seems judicious. This is because such stocks are positioned to report impressive earnings results as they mostly have a strong balance sheet and solid cash flow.
I am going to run you through how I calculated the intrinsic value of Cisco Systems Inc (NASDAQ:CSCO) using the discounted cash flow (DCF) method. If you want to learnRead More...
Juniper Networks (JNPR) has returned -8.3% in the last 12 months, -3.4% in the last month, and 3% in the last five days. Juniper stock rose 44% in 2016 and 2.3% in 2017. Since the start of 2018, it’s fallen almost 11%. Peers Cisco (CSCO), Ericsson (ERIC), Palo Alto Networks (PANW), and Nokia (NOK) have returned 37%, 2%, 75%, and 11%, respectively, in the last 12 months.
Providing secure, differentiated and rapidly delivered cloud services to customers is a crucial requirement for today`s service providers. To meet cloud infrastructure demands, global service providers are increasingly turning to the Cisco® Application Centric Infrastructure (Cisco ACI(TM)), the industry-leading software-defined networking (SDN) solution. Cisco ACI reduces operational costs with an automated, policy-based programmable architecture, while improving scalability and security. In addition, new Cisco ACI multi-site management capability helps service providers to connect and manage multiple geographically distributed Cisco ACI fabrics and to move and manage workloads with a single pane of glass.
Providing secure, differentiated and rapidly delivered cloud services to customers is a crucial requirement for today’s service providers. To meet cloud infrastructure demands, global service providers are increasingly turning to the Cisco® Application Centric Infrastructure (Cisco ACI™), the industry-leading software-defined networking (SDN) solution. Cisco ACI reduces operational costs with an automated, policy-based programmable architecture, while improving scalability and security. In addition, new Cisco ACI multi-site management capability helps service providers to connect and manage multiple geographically distributed Cisco ACI fabrics and to move and manage workloads with a single pane of glass.
Although Juniper Networks’ (JNPR) security business revenue fell ~13% YoY (year-over-year) in fiscal 2017, its revenue rose 8% in 4Q17. Juniper’s security revenue fell for several quarters prior to 4Q17 as the company struggled to compete with niche players such as Palo Alto Networks (PANW), FireEye (FEYE), and Fortinet (FTNT), and tech giants such as Cisco (CSCO). Last year, Juniper announced that it would revamp its security product portfolio to attract customers, and revenue growth in 4Q17 was driven by sales across financial services, telecom, and government verticals.
Ransomware and DoS (Denial of Service) attacks are on the rise, and cybercriminals are becoming more and more sophisticated in their methodology, embracing the same encryption that was originally meant to lock them out. Intel has been at the forefront of security through its leadership on Spectre and Meltdown (and evidenced by CEO Brian Krzanich’s Security First Pledge to customers earlier this year). This considering, it comes as no surprise that the company had a lot to say at this year’s RSA security conference.
The United States imposed sanctions on 24 Russian oligarchs and government officials and 12 Russian companies on April 6. In response, Russian lawmakers are considering legislation that would ban or restrict certain U.S. imports.
Previously, we learned that analysts expect Juniper Networks’ (JNPR) (JNPR) revenue to fall ~14% YoY (year-over-year) in fiscal 1Q18. The company’s EPS (earnings per share) are expected to fall ~43% in the quarter. Analysts expect Juniper’s revenue to fall 11.2% YoY to $1.16 billion in 2Q18 and 3.5% YoY to $1.21 billion in 3Q18, and to rise 3.4% YoY to $1.28 billion in 4Q18. This outlook reflects a revenue decline of 5.8% YoY to $4.7 billion in fiscal 2018. Analysts, however, expect Juniper’s revenue to rise 3.2% in fiscal 2019 to $4.9 billion.
Cisco Systems, Inc. (NASDAQ: CSCO) began making routers before most people knew what they were or even how to use the Internet. On Feb. 16, 1990, the company held its initial public offering (IPO). Cisco's IPO is considered one of the greatest of all time due to its explosive growth in subsequent years.
PHOENIX, April 18, 2018 (GLOBE NEWSWIRE) -- "Let`s talk about it-I`ll set up a Webex!" Ever heard (or said) that sentence? If you are like most workers, the answer is yes; the name "Webex" ...