CISCO SYSTEMS

US stocks decline despite jobs data

U.S. stocks declined in early trade on Thursday despite better-than-expected jobs data with tech stocks particularly remaining weak as disappointing earnings from Cisco Systems weighed on the sentiment
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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.
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.
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.
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Standpoint Research starts Cisco with 'buy'

Standpoint Research has initiated coverage on Cisco Systems with a 'buy' rating and a price target of $24 and analyst Ronnie Moas said the market has overreacted to the company's weak outlook.
Traders work on the floor of the New York Stock Exchange

US futures decline on Cisco outlook

Futures on major U.S. indices point to a lower opening on Thursday as weaker-than-expected sales and revenue forecast from Cisco Systems weighed on the sentiment.
Traders work on the floor of the New York Stock Exchange

US futures decline, Cisco plunges in premarket

Futures on major U.S. indices point to a lower opening on Thursday. Futures on the S&P 500 are down 0.38 percent, futures on the Dow Jones Industrial Average are down 0.27 percent and Nasdaq100 futures are down 0.66 percent.

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