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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
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
Sep 25 2007, 08:33 AM
by
Kim Peterson
Rating:
Money Blog: Top Stocks Blog - MSN Money
EchoStar, the satellite company that runs the DISH Network, is buying Sling Media for $380 million. Former Sling VP Jeremy Toeman says the deal is a win-win for both sides, and I agree.
 I really didn't get Sling until execs actually demoed the company's signature product, the Slingbox (pictured), for me. The device connects to your TV and then can send the video to a computer over the Internet. The value here is for the traveler. If you're in a Singapore hotel room and you really, really want to catch the premiere of "The Office" on TV, the Slingbox is so worth it. If you're in a U.S. city that isn't showing your hometown baseball team in action, there you go.
Sling Media has been a darling of the tech and venture communities for years, raising about $60 million in financing. But I've wondered how far the company could go with a $130 product. Bigger competitors, like Cisco, are closing in as well.
So from Sling's side, this was a good move and the company got a nice sum of money. In an interview with paidContent, Sling CEO Blake Krikorian said he was about to raise another round before this acquisition. He's hoping to remain operator agnostic, despite the new ownership
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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
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
Jul 18 2008, 08:36 AM
by
Minyanville
Rating:
Money Blog: Top Stocks Blog - MSN Money
I spent the weekend with some of the smartest techies on the planet, guys and gals from all over the world: They drank the Kool-Aid a long time ago. By the time I got back to New York I was ready to get with it and stop living in the Stone Age (I still don’t even have a Facebook page). But if the Internet has so much growth potential and will eventually displace everything including television, then why are the stocks associated with the information highway system limping along at a snail’s pace or have curled up like armadillos? Internet stocks haven’t been world beaters for a long time and right now the Internet Holders is at a 52-week double bottom and vulnerable to the four year low of 44.
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Posted
May 07 2009, 04:23 AM
by
Jon Markman
Rating:
Money Blog: Top Stocks Blog - MSN Money
Cisco Systems (CSCO) reported strong earnings this week, but there are lots of other companies in the networking space that have cropped up in the past few years and deserve investors' attention.
One that our StockScouter system has liked a lot recently is SonicWall (SNWL), a small but fast-growing company based in Sunnyvale, Calif., that specializes in network and content security. Its size and earnings are dwarfed by industry giants Cisco and Juniper (JNPR), yet it has earned a secure niche for itself due to a strong lineup of innovative products.
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