Posts Tagged ‘CSCO earnings’

Cisco Beats Estimates, Shares Surge 5%

9:00am (EST) The market ended mixed on Wednesday as the tug-of-war between the bulls and bears continued but there was action after the bell. The Dow fell 7 points, or 0.06%, to end at 13,164.  The blue-chips tested a low of 13,138 shortly after the open but rebounded to touchRead more

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Market Tests March Lows

9:00am (EST) The bulls were behind the 8-ball again on Wednesday as the bears pushed March lows at the open.  The rebound came on word Greece would get its latest schedule debt bailout which gave the bulls energy.  We won’t waste our words on geopolitical news this morning but theRead more

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Cisco Systems (CSCO) Turning the Corner

12:55pm (EST) Futures were pointing towards a nice pop at the open as some of the Tech names reported better-than-expected earnings while jobless claims came in under 400,000 again.  However, despite the strong start, the momentum has failed to hold as the indexes gave back all of their gains withRead more

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Bulls Push Resistance Again, Dow Back Over 11K

1:30pm (EST) The bulls are holding their gains and are pushing the market higher as we head into the second half of trading.  Better-than-expected earnings from Tech and an in-line jobs report have helped fuel today’s bounce. Initial Claims came in at 395,000 versus estimates for 405,000 and below theRead more

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