Seeking Alpha

Cisco (CSCO -1.6%) and News Corp. (NWS +1.7%) head in opposite directions following the former's...

Cisco (CSCO -1.6%) and News Corp. (NWS +1.7%) head in opposite directions following the former's purchase of NDS, in which the latter holds a 49% stake. Cisco says the deal will be immediately accretive to earnings, and that it will continue to sell NDS' software to rival set-top vendors. Strategy Analytics sees NDS aiding Cisco's efforts to get pay-TV providers to embrace online video, while Light Reading notes the value of NDS' relationships with Chinese and Indian pay-TV providers.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|