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Tech stocks were modestly up Tuesday along with the major market indices.
Cisco(CSCO Quote) was up 41 cents, or 1.9%, to $22.40 ahead of its fourth-quarter results. Analysts expect the company to report earnings of 39 cents a share on revenue of $10.3 billion, compared with earnings of 31 cents a share on revenue of $9.4 billion, the year before.
Semiconductor company Infineon Technologies(IFX Quote) added 47 cents, or 6%, to $8.28 following reports that chip maker Qimonda(QI Quote) may be close to selling its stake in a joint venture Qimonda has with Taiwanese company Nanya. Infineon holds a significant stake in Qimonda. ...
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