Cisco Systems, Inc. (CSCO) - NASDAQ
  • Aug. 9, 2011, 11:38 AM
    A $1T valuation for Apple (AAPL) isn't so far fetched, writes Robert Cyran. The current value of $338B would jump to nearly $900B if Apple's 2006 multiple was applied - a time when the company was growing slower than it is today. Other companies that have had $1T bandied about: Cisco and Microsoft circa 2000.
    | Aug. 9, 2011, 11:38 AM | 4 Comments
  • Aug. 9, 2011, 10:26 AM
    Though bad news abounds, Ticonderoga and BGC are reiterating Buy ratings for Cisco (CSCO) going into tomorrow's earnings. Ticonderoga thinks Cisco will "maintain a cautious tone" about government spending and parts of its switching business, but "anticipate(s) strength" in data center sales, where Cisco has been buoyed by a strong server business.
    | Aug. 9, 2011, 10:26 AM
  • Aug. 8, 2011, 3:33 PM
    There's a lot of bad news weighing on Cisco (CSCO) investors' minds heading into the company's Wednesday earnings report. In spite of Cisco's recent market share losses, a slew of rivals have also announced weak results, and there's plenty of fear that U.S. and European economic weakness will make matters worse.
    | Aug. 8, 2011, 3:33 PM
  • Aug. 7, 2011, 4:15 PM

    Cisco (CSCO) may be conducting layoffs, but it's happy to hire six executives from rival Juniper (JNPR), including Juniper's service provider sales chief for the Americas. Cisco and Juniper have a near-duopoly in the market for high-end (i.e. "core") routers for service providers, and are also fierce competitors in several other markets.

    | Aug. 7, 2011, 4:15 PM | 2 Comments
  • Aug. 5, 2011, 9:00 AM

    Brocade (BRCD) is down 16.4% premarket after announcing it expects FQ3 revenue of $500M-$505M and EPS of $0.08-$0.09, below a consensus of $550.9M and $0.11. The shortfall is blamed on soft demand and inventory reductions. Coming in the wake of weak results from CSCO, JNPR, and RVBD, Brocade's warning will add to fears of an IT spending slowdown.

    | Aug. 5, 2011, 9:00 AM
  • Aug. 4, 2011, 9:46 AM

    Citi is reiterating a Hold on Cisco (CSCO) ahead of Wednesday's FQ4 release, and cutting its PT to $17. The firm thinks Cisco's restructuring plan, while cutting costs, doesn't provide needed clarity on the company's "long-term growth strategy and operating model." Several other analysts have made downbeat comments on Cisco as of late.

    | Aug. 4, 2011, 9:46 AM
  • Aug. 3, 2011, 9:50 AM

    Network processor vendor EZchip (EZCH) pops 7% after reporting Q2 revenue of $17.3M (+16% Y/Y) and non-GAAP EPS of $0.33, above a consensus of $16.9M and $0.28. The company expects its NP-4 processor, set to be used in Cisco's (CSCO) ASR 9000 routers, to begin production in Q4. EZchip shares fell last week on Juniper's (JNPR) poor results. (PR)

    | Aug. 3, 2011, 9:50 AM
  • Aug. 2, 2011, 2:10 PM

    Quick take on Oppenheimer/Cisco: Concerns about weak public-sector and European demand for networking gear are backed up by F5's (FFIV) CC remarks about federal deal slippage, and Riverbed's (RVBD) weak EMEA results. However, while carriers may be cautious due to macro issues, soaring online video and mobile data demands will likely prop up spending.

    | Aug. 2, 2011, 2:10 PM
  • Aug. 2, 2011, 2:10 PM

    Oppenheimer joins RBC in providing bearish commentary on Cisco (CSCO). While pleased with Cisco's cost-cutting efforts, Oppenheimer is worried about Cisco's European and public-sector sales, and is also concerned about Juniper's CC remarks regarding weak carrier spending. However, the firm is maintaining an Outperform rating on Cisco shares.

    | Aug. 2, 2011, 2:10 PM
  • Aug. 2, 2011, 9:19 AM

    Hewlett-Packard (HPQ), still bent on grabbing market share from Cisco (CSCO), is expanding a program offering a 20% discount to customers who trade in Cisco switches to the Asia-Pacific region. Cisco is hoping a recent revamp of its flagship Catalyst switch line can halt recent market share losses.

    | Aug. 2, 2011, 9:19 AM
  • Aug. 1, 2011, 9:56 AM

    RBC's Mark Sue thinks Cisco (CSCO) will give in to pressure and hike its dividend yield from the current, 1.5% level. Nonetheless, Sue maintains an Underperform rating and $14 PT on Cisco, believing the firm is still in "disarray," and that "channel fatigue and low morale" could hinder its ability to regain lost market share.

    | Aug. 1, 2011, 9:56 AM
  • Jul. 28, 2011, 11:24 AM

    Cisco (CSCO +3.8%) is “still solid,” Goldman Sachs says, raising its rating to Buy and its price target to $21, noting that structural issues are confined to its switching business which drives just one-third of sales. Goldman expects sales growth to rebound to “normalized” 5%-7% in 2012, while the mix shift in switching that has driven margins lower is "halfway complete."

    | Jul. 28, 2011, 11:24 AM
  • Jul. 27, 2011, 1:31 PM

    Network processor developers are falling hard in the wake of Juniper's (JNPR -20.1%) Q2 results. EZCH -6.1%. CAVM -9.6%. [NETL]] -7.8%. AMCC -5.5%. Networking equipment vendors are also underperforming the NASDAQ. CSCO -3.2%. FFIV -3.5%. [RVBD]] -5.2%. APKT -4%. ARUN -8.5%. ALLT -4.9%. CIEN -9.8%.

    | Jul. 27, 2011, 1:31 PM
  • Jul. 27, 2011, 8:37 AM

    Quick take on Juniper: While macro issues are having an impact, some of Juniper's problems appear company-specific. Particularly in security hardware, where rivals Check Point (CHKP) and Fortinet (FTNT) are faring better, and enterprise switching, where Cisco's (CSCO) aggressive pricing and low-end competition from the likes of Dell (DELL) and HP (HPQ) are making things difficult.

    | Jul. 27, 2011, 8:37 AM | 1 Comment
  • Jul. 26, 2011, 9:23 AM

    Ahead of Juniper's (JNPR) Q2 results today, there are concerns about whether the company can benefit further from Cisco's (CSCO) struggles. Investors are also concerned about customers waiting for upgrades to the company's innovative QFabric switching platform, and mixed capex messages from AT&T (T) and Verizon (VZ).

    | Jul. 26, 2011, 9:23 AM
  • Jul. 21, 2011, 8:45 AM
    Continuing high jobless claims combined with recent job cuts at Cisco (CSCO), Lockheed Martin (LMT), Goldman Sachs (GS) and Borders add up to an unwelcome trend: Layoffs are accelerating - in fact, companies are laying off employees at a level not seen in nearly a year.
    | Jul. 21, 2011, 8:45 AM | 2 Comments
Company Description
Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking products and services related to the communications and information technology industry. It provides a broad line of products for transporting data, voice, and video within buildings and across campuses. The... More
Sector: Technology
Industry: Networking & Communication Devices
Country: United States