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US stocks decline; Cisco shares plunge 11 pct

U.S. stocks declined in early trade on Thursday despite better-than-expected weekly jobless claims data as disappointing earnings from Cisco Systems weighed on the sentiment.

Wall Street falls on earnings, techs weigh

Technology shares dragged U.S. stocks lower on Thursday as disappointing Cisco earnings overshadowed stronger-than-expected data on weekly unemployment benefits claims.

Pre-Market NASDAQ Movers (SQNM, WFMI, PGNX, CLWR, XNPT, IDIX, EZCH, AMKR, TQNT, AKAM, CSCO)

The top pre-market NASDAQ stock market gainers are: Sequenom, Whole Foods Market, Progenics Pharmaceuticals, Clearwire, and Xenoport. The top pre-market NASDAQ stock market losers are: Idenix Pharmaceuticals, EZchip Semiconductor, Amkor Technology, TriQuint Semiconductor, Akamai Technologies, and Cisco Systems.

Pre-market movers on Feb. 10 (WFM, S, FTI, AKAM, CSCO, CS, LEN, PEP)

The companies whose shares are moving in pre-market trade on Thursday are: Whole Foods, Sprint Nextel, FMC Technologies, Akamai Technologies, Cisco Systems, Credit Suisse, Lennar Corp and PepsiCo.

More news

Instant view: Cisco sales beat Street but shares dip

Cisco Systems Inc's quarterly sales beat expectations, despite concerns about increasing competition and budget cuts among debt-burdened clients in the public sector.

Cisco sales beat Street but margin disappoints

Network equipment maker Cisco Systems Inc's weaker quarterly margins seemed to confirm investors' fears that growing competition may be forcing the company to cut prices to protect market share.

Cisco investors hope for stability and stronger orders

After spooking the market for two quarters with cautious forecasts, Cisco Systems Inc must do more than meet or modestly beat analysts' forecasts to win back investor confidence.

Stock futures slip before Bernanke remarks, earnings

U.S. stock index futures fell on Wednesday a day after the Dow posted its seventh consecutive advance in weak trading volume that could signal the rally is wilting.

Stocks in Focus (CSCO, MET, KO, DIS, AKAM, CS, RL, WFMI, EFX, XRAY)

The companies which are expected to see active trade on Wednesday are: Cisco Systems, MetLife, Coca-Cola, Akamai Technologies, Polo Ralph Lauren, Whole Foods Market and Walt Disney.

Cisco investors wary over rivalries and public debt

No longer Wall Street's top over-achiever, network equipment maker Cisco Systems Inc must persuade wary investors it can fight off rivals such as Hewlett-Packard Co and soothe concerns about public sector spending cuts.

Cisco: Mobile Traffic Set For 26-Fold Surge

Cisco estimates mobile traffic is headed upward and will be measured in exabytes per month.

Stocks are getting slammed so far as turmoil continues to rock Middle East

Despite Verizon's announced intention to acquire Terremark for $1.4 billion, are down virtually across across the board amid violent uprisings in Middle East.

LinkedIn's IPO to test appetite for Facebook

LinkedIn Corp announced plans to go public this year in what could be a test of investor appetite for social networking websites ahead of a highly anticipated Facebook offering.

Hu visits Chicago to boost business and China's image

Chinese President Hu Jintao took his roadshow to the U.S. Midwest, where executives from the two countries were set to sign up to 60 deals on Friday to underscore the message that China is open for business.

Cisco: Windows Not The Only Hacker Target Anymore

Cybercrime has evolved beyond targeting Windows as it moves into smartphones, tablets and mobile platforms.

A pedestrian walks past the NASDAQ building in New York City

Pre-Market NASDAQ Movers

The top pre-market NASDAQ stock market gainers are: Radvision, Cytori Therapeutics, Allos Therapeutics, Pharmaceutical Product Development, ICAgen, and eBay. The top pre-market NASDAQ stock market losers are: MannKind, F5 Networks, Riverbed Technology, Isle of Capri Casinos, and Skyworks Solutions.

Post-Market NASDAQ Movers (VITA, ALTH, ICGN, BIOD, EBAY, MNKD, FFIV, WSTL, INAP, RVBD)

The top after-market NASDAQ stock market gainers are: Orthovita, Allos Therapeutics, ICAgen, Biodel, and eBay. The top after-market NASDAQ stock market losers are: MannKind, F5 Networks, Westell Technologies, Internap Network Services, and Riverbed Technology.

Activist manager sells Cisco shares on rights concerns

Activist investor Boston Common Asset Management LLC said that it has sold most of the 167,000 shares it held in Cisco Systems Inc, capping a lengthy dispute with the company over its human rights record.

Cisco Lawyer's Digs At Jews Get Plaintiff A New Trial

A company suing Cisco systems for patent infringement got a new trial because Cisco's attorney made remarks about a plaintiff's religion, drawing attention to the fact that he is Jewish.

Traders work on the floor of the New York Stock Exchange,

Post-Market News Wrap (CSCO, CTL, Q, DAL, MEE, AMR, RT, RECN, MSPD, QDEL, BOOT, DQ)

The companies that reported news on Wednesday after the market close are: Cisco Systems, CenturyLink, Qwest Communications, Delta Air Lines, Massey Energy, AMR, American Airlines, Ruby Tuesday, Resources Connection, Mindspeed Technologies, Quidel, Lacrosse Footwear, and Daqo New Energy.

Top Pre-Market NASDAQ Gainers (SNTS, MNKD, LOGI, DRYS, TSLA)

The top pre-market NASDAQ stock market gainers are: Santarus, MannKind, Logitech International, DryShips, Tesla Motors, JA Solar Holdings, Cisco Systems, Huntington Bancshares, optionsXpress Holdings, and American Capital Agency.

Skype CEO Apologizes; Gives Outage Update

Tony Bates, the Skype CEO, says the 16.5 million of the company's 25 million users are back online.

U.S. President Barack Obama walks out of the White House to cross Pennsylvania Avenue to meet with business leaders at Blair House in Washington, December 15, 2010.

Obama meets with top CEOs, investors

With American businesses holding nearly $2 trillion on their books, President Barack Obama said on Wednesday that a meeting with corporate executives of 20 of the largest U.S. companies will help elicit a variety of ideas to grow the economy and boost jobs amid an anemic recovery.