|Day Low/High||116.25 / 118.59|
|52 Wk Low/High||107.31 / 165.69|
Cisco is generating more revenues through software and businesses with recurring revenue. But the networker could speed the transition through M&A.
Tech giant offers a 'soup-to-nuts' cybersecurity approach its rivals don't.
Strength today could go a long way to establishing an uptrend.
The company's recent operational weakness has more to do with a major product cycle than sales execution or increased competition, wrote Jefferies.
Here are Friday's top research calls, including an upgrade for Walmart and new coverage of AK Steel, IBM, Nvidia and Thermo Fisher.
The bell weather in the networking industry tumbles after reporting weaker-than-expected guidance.
Cisco CEO Chuck Robbins said on the company's earnings call that a 'lack of budget visibility' from the federal government caused a slowdown in product orders during the third quarter.
CEO Chuck Robbins is expected to discuss Cisco's shift to software and recurring revenues. Updates on Cisco's M&A streak, tax reform and the WannaCry cyberattacks could come, too.
Cybersecurity companies benefit from spread of ransomware attack, but can they last?
Cybersecurity companies benefit from spread of ransomware attack; can they last?
FireEye, Proofpoint, Cisco, Symantec and other security providers all closed higher Monday.
The markets showed almost no reaction to this latest controversy about Donald Trump and Russia.
Industrials try to fit through narrow openings.
Stocks hold onto solid gains on Monday as crude oil and energy names rally on high hopes for an extension to a production cap agreement.
Stocks move higher after energy ministers from Russia and Saudi Arabia call for an extension to an oil production cap agreement.
Stocks are higher on Monday after energy ministers from Russia and Saudi Arabia call for an extension to an oil production cap agreement.
After Friday's global cyberattack across 150 different countries, cybersecurity stocks are surging Monday.
U.S. cybersecurity stocks jumped in early trading Monday as investors bet that the digital security industry would have the last laugh in the wake of Friday's global ransomware attacks.
Stock futures are higher on Monday after energy ministers from Russia and Saudi Arabia call for an extension to an oil production cap agreement.
Cisco's $125M purchase of MindMeld is its third deal in May. Splunk, ServiceNow and Palo Alto Networks could be targets if the government lowers corporate taxes, Credit Suisse says.
Stocks of companies involved in cybersecurity were mixed Friday as a global ransomware attack spread.
Recent earnings reports from IBM, Intel and others suggest cloud infrastructure demand is still taking a heavy toll on IT hardware sales. That is, outside of one market.
Shares of Palo Alto Networks have been improving of late indicating a solid bottom may now be in place.
Reduces Unwanted Network Traffic by One-Third; Achieves High Availability and Supports Verge Health's Compliance as a HIPAA-Covered Entity
Apple isn't the only noteworthy tech company to have recently reported earnings. Here are some investor takeaways for several companies seeing large post-earnings moves.