Still another private equity bidder may be eyeing a bid for Yahoo: Boston-based giant Thomas H. Lee Partners
Network equipment maker Cisco Systems Inc said global cloud data traffic will grow at a compound annual rate of 66 percent between 2010 and 2015, as consumers and businesses seek untethered access to content and applications.
General Electric Co plans to hire about 400 people to work in a new software development center it intends to open in San Ramon, California, next year, the largest U.S. conglomerate said on Thursday.
Shares of Dell feel 2 percent despite the company's report of higher-tha-expected results.
Shares of Cisco Systems, the world’s biggest supplier of Internet equipment, kept up their two-day upward spree after the company reported first-quarter results that slightly beat expectations.
Asian shares rebounded on Friday and the euro clawed higher, with European stocks also expected to make gains after brighter corporate news lifted U.S. stocks and debt-laden Italy was able to fund itself at a bond auction.
Asian shares rebounded Friday and the euro clawed higher, with European stocks also expected to make gains after brighter corporate news lifted U.S. stocks and debt-laden Italy was able to fund itself at a bond auction.
Stocks edged up on Thursday, rebounding from Wednesday's steep losses, but trading was choppy as nervous investors reacted to headlines painting a mixed picture of Europe's debt crisis.
Shares of Cisco Systems, the world’s biggest supplier of Internet equipment, soared nearly seven percent Thursday after the company reported first-quarter results that slightly beat expectations.
Stocks rebounded on Thursday, a day after the S&P 500 suffered its worst day since mid-August as Italian bond yields eased.
Cisco Systems Inc forecast revenue and earnings above Wall Street expectations as demand from government and enterprises for its network equipment remained resilient despite global economic troubles.
The top pre-market NASDAQ Stock Market gainers are: Cisco Systems, Power-One, Elbit Imaging, NVIDIA, and Micron Technology. The top pre-market NASDAQ Stock Market losers are: Green Mountain Coffee Roasters, OPNET Technologies, Kulicke & Soffa Industries, BioSante Pharmaceuticals, and KIT digital.
Stock index futures rose on Thursday, indicating the S&P 500 may bounce back from its worst day since mid-August as Italian bond yields eased.
Stock index futures pointed to a rebound on Wall Street on Thursday, with futures for the S&P 500 up 1.1 percent, Dow Jones futures up 0.9 percent and Nasdaq 100 futures up 1 percent at 4:47 a.m. ET.
The top after-market NASDAQ Stock Market gainers are: ChinaCast Education, PriceSmart, Sanderson Farms, Alaska Communications Systems Group, Crimson Exploration, and Cisco Systems. The top after-market NASDAQ Stock Market losers are: Neurocrine Biosciences, Green Mountain Coffee Roasters, Pegasystems, Rovi, OPNET Technologies, and Oclaro.
Cisco Systems, the world’s biggest supplier of Internet equipment, reported first-quarter results that slightly beat expectations because of new sales to telecommunications carriers.
Shares of Cisco Systems shares fell 2.6 percent in early Wednesday trading to $17.84 as nervous investors await the first-quarter earnings announcement scheduled after the close.
Stock index futures tumbled on Wednesday as a spike in Italian bond yields sparked fears the country will need a bailout, ratcheting up the region's debt crisis to another level.
Shares of Cisco Systems have jumped 20 percent in the past three months, which could be an indicator the No. 1 vendor of Internet networking products has surmounted a rough patch.
South Africa's Allied Technologies Ltd is in talks to pay up to $60 million for unlisted Kenyan IT firm Symphony, according to a person familiar with the matter, to help revive its struggling business in fast-growing east Africa.
The top pre-market NASDAQ Stock Market gainers are: Logitech International, Akamai Technologies, Citrix Systems, Wilshire Bancorp, and Acme Packet. The top pre-market NASDAQ Stock Market losers are: TriQuint Semiconductor, AXT, Plexus, 21Vianet Group, and FBR.
The top after-market NASDAQ Stock Market gainers are: Akamai Technologies, SonoSite, Green Plains Renewable Energy, Web.com Group, and InterDigital. The top after-market NASDAQ Stock Market losers are: TriQuint Semiconductor, Electro Scientific Industries, AXT, LHC Group, and Ancestry.com.
