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Posted
Nov 24 2008, 08:45 AM
by
Kim Peterson
Rating:
Money Blog: Top Stocks Blog - MSN Money
 Cisco Systems and Hewlett-Packard are turning out the lights in December, forcing employees into paid time off to save money. Cisco will shut down its offices from Dec. 29 through Jan. 2, and is "strongly" encouraging workers to also stay home for three days before Christmas, according to an internal memo obtained by Valleywag.
Company-funded parties are out. The memo asks workers to celebrate in "creative ways that result in no cost to the company." Hey, how about making Christmas ornaments with leftover toilet paper rolls?
Cisco is also cutting back on hiring and employee travel. And it's carefully reviewing spending on equipment, employee training, big purchases and outside services.
Memos like these are popping up at companies from coast to coast.
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Posted
Jun 05 2009, 05:59 PM
by
Charley Blaine
Rating:
Money Blog: Top Stocks Blog - MSN Money
Not finishing in the black for 2009 on Friday was probably a disappointment for many fervent watchers of the Dow Jones Industrial Average ($INDU).
But they can take solace in this signal: The index did finish above its 200-day moving average for the first time since May 19, 2008 -- nearly 13 months ago.
Why should you care? How a stock or an index trades against a moving average is a measure of investor confidence. When the stock or index moves off a low and climbs above a moving average is a strong signal of returning confidence.
The 200-day moving average is very closely watched. Why? I offer Nicholas Lewarne's note in a recent post on the Naked Hedge Fund blog as simple explanation. "The 200 Day MA is the Great Wall that separates Bull market from Bear market."
Bull market: That's a word few people have dared utter for months. Maybe it's worth learning how to say it again.
The fact is, the Dow is the last of the three major indexes to cross its 200-day moving average. The Standard & Poor's 500 Index ($INX) crossed the threshold May 28 and is now trading a bit more than 2% more than its 200-day average. The Nasdaq Composite Index ($COMPX) moved above its 200-day moving average on May 26 and is now trading nearly 10% above the average
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Posted
Sep 16 2009, 07:26 AM
by
Minyanville
Rating:
Money Blog: Top Stocks Blog - MSN Money
This article is written by Minyanville's Sean Udall
Listening to CNBC yesterday morning I was struck by two key things: First, there are obvious factors/evidence that many are choosing to ignore. Second, we should always be mindful of what may not be obvious and try to skate to where the puck is going to be. However, sometimes the obvious meshes with where the puck is going. I find this especially true during times of great collective doubt. Read Our Marionette Economy for an opposing viewpoint.
Post 1991, it was very popular to doubt the rally. We were at war and the S&L crisis was far from being declared dead. It was an incredible time to believe that stocks deserved to be pushed higher -- especially in light of numerous signs of profound growth in many industries.
Moreover, when I hear that the market price is "unjustified" by "current fundamentals," I simply know we're going higher in the intermediate term and longer.
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Posted
Jan 20 2009, 03:07 AM
by
Bernhard Warner and Matthew Yeomans
Rating:
Money Blog: Top Stocks Blog - MSN Money
This post comes from partner site The Big Money.
A potential white knight has emerged for the precarious Chrysler: Italy's Fiat, business pages across the U.S. and Europe are proclaiming this morning. According to the Wall Street Journal, the two automakers could announce a no-money-down deal in which Fiat takes control of Chrysler as soon as today. "Fiat, the stronger of the two, wouldn't immediately put cash into Chrysler," the newspaper writes. "Instead it would obtain its stake mainly in exchange for covering the cost of retooling a Chrysler plant to produce one or more Fiat models to be sold in the U.S., these people said." Chrysler gave the New York Times an everybody-is-talking-to-everybody-these-days type "no comment," fueling speculation that a Fiat-Chrysler tie-up is imminent. According to the Financial Times' source, U.S. lawmakers have already been informally briefed on the potential merger.
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Posted
Dec 29 2008, 10:45 AM
by
Kim Peterson
Rating:
Money Blog: Top Stocks Blog - MSN Money
Cisco Systems, whose shares are down 40% this year, is jumping into the consumer electronics business at the worst possible time. Or is it the best possible time?
The company's going to announce a new digital stereo system and other consumer products in January. Not the best environment for a splashy product launch: Consumer electronics companies are seeing a glut in inventory and are temporarily shutting down factories until sales pick up again.
But Cisco isn't aiming for the short term. The company has big visions of connecting its products to networks inside and outside the home. People having video chats with their relatives using Web cameras and high-def TVs.
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Posted
Apr 22 2008, 04:43 AM
by
Douglas McIntyre
Rating:
Money Blog: Top Stocks Blog - MSN Money
Once a year, the firm Millard Brown puts out its BrandZ 100 Most Valuable Brands. The data used for the list come from consumer research and financial data on the companies. The research house gives its methodology here.
For those who think Google is the top brand, give yourself a pat on the back. It has a brand valuation of $86 billion, up 30%. For those research mavens in the crowd, the figure makes absolutely no sense. Google has a market cap of $168 billion. Most of that would go away -- no matter how good the technology is -- if it changed it name to Dawdle.
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Posted
Apr 28 2009, 03:48 AM
by
Douglas McIntyre
Rating:
Money Blog: Top Stocks Blog - MSN Money
By the middle of the year, the federal government will own large, and in some cases, controlling interests, in two car companies and several major banks. There is a chance the the extent of rescue efforts and government ownership could move to auto parts suppliers and insurance companies. If the Treasury can pick up stock in Cisco (CSCO) and Intel (INTC), it can control most of the important sectors of the economy. That raises the issue of how the federal government gets all of that taxpayer money back.
The Wall Street Journal has reported that Citigroup (C) and Bank of America (BAC) have done poorly on their “stress tests”. Each bank may be encouraged to raise more capital. As a number of analysts have pointed out, private equity has no interest in stakes in troubled banks, even at a steep discount to current market values.
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Posted
Aug 21 2009, 10:42 AM
by
Jim Jubak
Rating:
Money Blog: Top Stocks Blog - MSN Money
 Ever since this recession began, Cisco Systems (CSCO) chief executive John Chambers has shown an unexpected talent for taking all the joy out of his company's earnings report.
And he did it again when, on August 5, Cisco reported earnings of 31 cents a share for the company's fiscal fourth quarter that ended on July 25.
That beat Wall Street estimates by two cents a share. (Both Cisco's and Wall Street's numbers exclude things like stock compensation that I think should be deducted as costs but, hey, that's how Wall Street scores the quarterly earnings game.) Revenue did fall 18% from the fiscal fourth quarter of 2008, but still beat Wall Street estimates of $8.51 billion by about $300 million. Gross margins held steady at 64%.
Bing: More on Cisco Systems
But investors who might have hoped that Chambers would call this quarter the bottom or forecast a looming turnaround would have been disappointed.
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Posted
Feb 05 2009, 03:15 AM
by
Bernhard Warner and Matthew Yeomans
Rating:
Money Blog: Top Stocks Blog - MSN Money
This post comes from partner site The Big Money.
Fat cats, you've been warned. From here on in, pay packages for the executives of those stricken firms on taxpayer support must show "common sense," President Barack Obama chided yesterday from the White House. The Obama administration is calling for a $500,000 cap on executive pay, and for restrictions on "golden parachute" payouts and when stock incentives can be cashed in (now, who would be foolish enough to do such a thing these days?) until the government assistance is repaid. The limits run deep. As the New York Times reports, even "luxury perquisites like private jets and country club memberships" are to be scrutinized. The Wall Street Journal calls it "the most aggressive assault on executive pay by federal officials," one that shows Washington is determined to take greater control of the companies it bails out.
The moves are not retroactive, the WSJ points out, sparing, for now, the John Thains of the world.
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Posted
Oct 02 2009, 05:13 PM
by
John Reese
Money Blog: Top Stocks Blog - MSN Money
When it comes to investing, I firmly believe that reinventing the wheel can be a dangerous game. If you want to beat the market over the long haul, I think your best bet is to learn from those rare investors who have done just that -- that's why I created my Guru Strategy computer models, and it's why at the end of every week I examine what some top strategists have been saying about the market and the economy.
Over the past week, continued uncertainty about the economic recovery has made for some divergent opinions on where the market is headed. On the whole, however, the gurus I keep an eye on have leaned to the bullish side.
Kent Croft -- whose Croft Value fund is in the top 7% of funds in its category over the past three, five, and ten years, according to Morningstar -- says, for example, that he’s still finding plenty of value in the market. He told Yahoo! TechTicker that he's high on quality firms that offer “growth at a discounted price”; he has his eye on Cisco, and some high-dividend plays in the healthcare sector.
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