43.50 -0.15 (-0.34%)
Pre-market: 4:00AM EDT
|Bid||43.20 x 1000|
|Ask||43.45 x 900|
|Day's range||43.47 - 43.91|
|52-week range||30.36 - 46.37|
|PE ratio (TTM)||N/A|
|Earnings date||15 Aug 2018|
|Forward dividend & yield||1.32 (3.05%)|
|1y target est||48.85|
AppDynamics, a Cisco company and the leader in application intelligence, today announced the availability of AppDynamics for SAP. AppDynamics for SAP is an application performance management solution for SAP environments that provides the deepest visibility from code-level insights to customer taps, swipes and clicks — helping enterprises deliver the flawless experiences their customers demand. Every enterprise is now a digital enterprise, built on countless applications, technologies, platforms and architectures, all designed to delight customers and build market share.
Cisco repurchased shares worth $6.0 billion and paid dividends of $1.6 billion during the quarter. Cisco’s dividend per share rose to $0.33 in the third quarter, indicating an annualized payout of $1.32, a rise of 14% YoY (year-over-year) compared to dividends of $0.29 in the second quarter. Cisco has a dividend yield of 2.9%, and the firm has increased dividend yields for the last seven years.
Cisco Systems (CSCO) reported its fiscal third-quarter numbers on May 16. While the company beat earnings and revenue estimates, tepid guidance led its stock to fall 4.3% in after-hours trading on Wednesday.
The U.S. Supreme Court last week effectively ended the ban on sports betting, and it’s about time. Inverse-volatility ETFs, which blew up spectacularly when volatility unexpectedly spiked in February, are examples of derivatives, which Pope Francis criticized last week.
Cisco Systems’ (CSCO) application business segment revenue rose 19% YoY (year-over-year) to $1.3 billion in the quarter ended in April. This business accounts for 10.5% of total revenue for Cisco and was Cisco’s fastest-growing business in the third quarter. Cisco Systems’ Applications business includes revenues from its collaboration vertical as well as analytics and IoT (Internet of Things).
U.S. stock markets ended lower on Thursday after President Donald Trump expressed doubts about the possibility of successful trade negotiations with China
Nokia (NOK) has high expectations for SpaceTime Insight, although it didn’t reveal what it paid to acquire the business. SpaceTime Insight is expected to be part of the Nokia Software business group, which offers a range of software solutions in areas including customer experience management, IoT (Internet of Things), and collaboration.
Cisco Systems’ (CSCO) security business segment revenue rose 11% YoY (year-over-year) to $583 million in April. This business accounts for 4.7% of total revenue for Cisco and is one of the firm’s high growth businesses. Cisco has made security a feature in all of its products and services.
The Dow Jones Industrial Average fell Thursday as investors seemed unfazed by upbeat earnings and more concerned with renewed trade tensions that could disrupt the global economic upswing that has fueled the stock-market rally. Walmart and Cisco Systems led the blue-chip index lower, despite reporting strong quarterly earnings. “President Trump’s comments today have contributed to a continued lack of clarity on trade,” said Emily Roland, head of capital markets research at John Hancock Investments.
Viktor Vekselberg, the Russian oligarch at the center of a widening scandal over influence peddling by President Donald Trump 's lawyer Michael Cohen , has been banned from doing business in America under U.S. sanctions. Named for Renova Group, Vekselberg's sanctioned Russian holding company, the Renova Fort Ross Foundation was established in 2010 to preserve an unlikely historic landmark: a California state park situated along the state's wild northern coastline two hours north of San Francisco.
Cisco’s (CSCO) product revenue rose 5% in the fiscal third quarter driven by Cisco’s diversified portfolio of solutions, while its infrastructure platform revenue rose 2%. In the infrastructure business segment, the routing revenue fell due to weakness in the service provider division, while switching revenue rose driven by strength in the data center and campus division.
Stocks that moved substantially or traded heavily on Thursday: Cisco Systems Inc., down $1.70 to $43.46 The seller of switches, routers and software's results met expectations, but analysts worried about ...
Kevin Kelly, managing partner at Benchmark, discusses the Consumer Staples Select SPDR and his options trade for Cisco Systems with Julie Hyman on "Bloomberg Markets." (Source: Bloomberg)
Cisco Systems (CSCO) stock has returned 32% in the last 12 months. The stock has risen 4.3% in the last month and fallen 1.9% in the last five trading days. The stock fell over 3.5% in after-hours trading on May 16. Cisco stock rose 15% in 2016 and 31% in 2017. Year-to-date, it has risen ~18%. Peers IBM (IBM), Ericsson (ERIC), Nokia (NOK), and Microsoft (MSFT) have returned -6%, 13%, -0.6%, and 40%, respectively, in the last 12 months. The S&P 500 (SPY) and the PowerShares QQQ ETF (QQQ) have generated returns of -0.5% and 7.4%, respectively, in 2018.
May.17 -- Kevin Kelly, managing partner at Benchmark, discusses the Consumer Staples Select SPDR and his options trade for Cisco Systems with Julie Hyman on "Bloomberg Markets."