Cisco Props Up Market | Odeo: Search, Discover and Share Digital :: Cisco Props Up Market. August 06, 2008. Stocks Get Lift From Fed, Oil 8 months old. Cramer Throws in the Tech Towel Add this to your Quicklist http://odeo.com/episodes/23152902-Cisco-Props-Up-MarketHOME |
News that Cisco raised guidance for not one but two quarters gave tech stocks a nice boost on Wednesday, but blue chips were torn between strong fourth-quarter productivity gains and hawkish comments from a Federal Reserve official. Cisco Unveils High-Performance Firewall, VPN Appliance :: Jan 22, 2008 This will help drive customers to lift those limitations." In a statement, Mick Scully, vice president of product management for Cisco's http://www.crn.com/networking/205907934HOME |
Cisco gained 3% on the day, but finished 2% off its high, paring its gains as blue chips gave up theirs. The Nasdaq finished near its highs for the day, however.
Nortel surged 9% on plans to eliminate 2,900 jobs. Alcatel Lucent gained on reports that it may soon follow suit.
Keane jumped 17% on news that it will be acquired in a private equity deal. Frac Tech Services LLC, Cisco, TX on MacRAE's Blue Book Industrial :: Cisco, TX , 76437-6727 Phone: 817-850-1008 Website: www.fractech.net List of Products for Frac Tech Services LLC serving Texas TX (1 total) http://www.macraesbluebook.com/search/company.cfm?company=806539HOME | Stocks Rise; Cisco, Qualcomm Power Tech (Reuters) - SEO Chat:: Evaluate and give feedback on some of the hottest web development tools on the market today. extending Friday's rally, as tech stocks got a lift from http://forums.seochat.com/technology-news-69/stocks-rise-cisco-qualcomm-power-tech-reuters-24419.htmlHOME |
Aspen soared 26% on its results. Other earnings gainers included Brooks, SCM, Multi-Fineline and Intevac.
Brightpoint, Diodes and Travelzoo slipped on their earnings reports. Dow Jones – News Stories About Dow Jones | Newser: Know More :: Techs Give Lift to Markets. Wall Street Journal | Apr 23, 08 3:38 PM CDT . Existing homes sales fell 1.5% in December, and tech bellwether Cisco reported http://www.newser.com/tag/1669/1/dow-jones.htmlHOME | Silobreaker: Cisco Systems Inc:: Cisco Systems Inc - Click to view image in its original context . unease over Freddie Mac; Cisco helps lift tech names - AP via Newsday [3 hours ago] http://www.silobreaker.com/View360.aspx?Item=11_331491HOME |
After the close, EMC shares surged on news that the company will spin off 10% of its VMware division in an IPO.
The Nasdaq surged 19 to 2490, the S&P 500 gained 2 to 1450, and the Dow edged half a point higher to 12,666. Volume rose to 2.64 billion shares on the NYSE, and 2.27 billion on the Nasdaq. Advancers led 18-13 on the NYSE, and 18-11 on the Nasdaq. Upside volume was 52% on the NYSE, and 74% on the Nasdaq. New highs-new lows were 421-8 on the NYSE, and 206-40 on the Nasdaq.
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