Stocks to Watch: Cisco, Deere, Nvidia
NEW YORK -- Cisco Systems (CSCO), the world's largest maker of computer networking equipment, is expected by Wall Street Wednesday to post fiscal second-quarter earnings of 48 cents a share on revenue of $12.1 billion.
Cisco reports after Wednesday's closing bell.
In the year-earlier quarter, Cisco earned $2.2 billion, or 40 cents a share, on revenue of $11.5 billion.
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Analysts expect Deere (DE) to post fiscal first-quarter earnings of $1.40 a share on revenue of $6.72 billion.
Nvidia (NVDA), the graphics chipmaker, is expected by Wall Street to report fourth-quarter earnings of 24 cents a share.
Comcast (CMCSA) reached a deal to buy the remaining 49% stake in NBCUniversal from General Electric (GE) for $16.7 billion. Comcast raised its quarterly dividend by 20% and reported an 18% increase in fourth-quarter earnings. Comcast's NBCUniversal Deal Proves Merger Boom
Metlife (MET) is expected by Wall Street to earn $1.18 a share in the fourth quarter.
WellPoint (WLP), the health insurer, announced Tuesday that Joseph Swedish, a veteran hospital executive who has never run a public company, will become its next CEO. Swedish comes from Trinity Health, where he was chief executive. He will replace interim CEO John Cannon on March 25. 5 Stocks Under $10 Making Big Moves
-- Written by Joseph Woelfel
>To contact the writer of this article, click here: Joseph Woelfel >To submit a news tip, send an email to: tips@thestreet.com.
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