|Bid||45.43 x 3200|
|Ask||45.44 x 1800|
|Day's range||45.07 - 45.64|
|52-week range||40.25 - 58.26|
|Beta (3Y monthly)||N/A|
|PE ratio (TTM)||18.02|
|Earnings date||11 Feb 2020 - 17 Feb 2020|
|Forward dividend & yield||1.40 (2.89%)|
|1y target est||52.36|
The Dow index ended barely negative, after posting a closing high on Wednesday, while the Nasdaq also ended fractionally lower. Cisco shares tumbled 7.3% after the network gear maker forecast second-quarter revenue and profit below expectations as increasing global economic uncertainties kept clients away from spending more on its routers and switches. Cisco's share decline weighed the most on the major indexes and helped drag the technology sector down 0.1%.
The latest U.S.-China trade war setback. Walmart's blowout quarterly earnings and early Disney+ success. Other quarterly results. And why Douglas Dynamics (PLOW) is a Zacks Rank 1 (Strong Buy) stock at the moment...
Cisco Systems dampened investors' mood when it reported first-quarter fiscal 2020 results as it sparked fears of a slowdown in global tech spending with a bleak outlook.
Investing.com – Wall Street was slightly lower on Thursday as concerns about global economic slowdown and a reported snag in U.S.-China trade discussions sent a wave of worry through the market.
GW Pharmaceuticals, NetGear, Cisco Systems and NetApp highlighted as Zacks Bull and Bear of the Day
Businesses around the world are getting more cautious in the face of economic and geopolitical uncertainty, causing a broad-based dip in orders for new equipment, Cisco Systems warned on Wednesday. The signs of falling business confidence prompted the US networking company to issue weak financial guidance for the second quarter in a row, wiping 5 per cent from its stock price in after-market trading. Chuck Robbins, chief executive, blamed a number of issues for the waning confidence, including the troubles on the streets of Hong Kong, China’s economic slowdown, US trade policy and the UK’s exit from the EU.
Investing.com - U.S. futures fell on Thursday, after reports that trade talks with China have hit a snag on Chinese purchases of U.S. farm products, amid other concerns.
While Cisco (CSCO) beat on both top and bottom lines, next quarter guidance was lowered. NetApp (NTAP) beat on the bottom line was missed on the top.
Cisco (CSCO) delivered earnings and revenue surprises of 3.70% and 0.64%, respectively, for the quarter ended October 2019. Do the numbers hold clues to what lies ahead for the stock?
Shares of the company fell 5% to $46.01 after bell as investors worry over the growth of the network gear maker, which has been shifting its focus to cyber security and software. Cisco said in August U.S. tariffs along with Chinese customers shunning its network gear were hurting its business. Total product orders fell 4% in the first quarter, with product orders in Asia Pacific, Japan and China region slipping 5%, Cisco said.
Investing.com - Cisco (NASDAQ:CSCO) reported guidance that missed Wall Street estimates Wednesday, which overshadowed fiscal first-quarter results that topped forecasts amid a challenging macroeconomic backdrop.
Investing.com – Wall Street opened lower on Wednesday as a trade deal between the U.S. and China seemed less likely, while trading was subdued as investors awaited testimony from Federal Reserve Chairman Jerome Powell on the central bank’s monetary policy.
Investing.com - U.S. futures fell on Wednesday as U.S. President Donald Trump continued to keep markets guessing about when and if a trade deal with China will be reached, while testimony from Fed Chair Jerome Powell will be the highlight of the day.
Investing.com - U.S. Federal Reserve Chairman Jerome Powell will testify in Congress against a background of renewed trade uncertainty after U.S. President Donald Trump dampened hopes for a breakthrough in the U.S.-China trade war. Meanwhile, the first public hearings in Trump’s impeachment inquiry get underway and investors will get the latest U.S. inflation figures and a look at U.S. oil stockpiles after the International Energy Agency said it expects global oil demand growth to slow from 2025. Here's what you need to know in financial markets on Wednesday, 13th November.
Federal Reserve Chairman Jerome Powell will head to Capitol Hill Wednesday to testify before the Joint Economic Committee.
All eyes will be on President Trump Tuesday for U.S.-China trade war updates. Walmart, Nvidia, and others are set to report their quarterly earnings. And why Casey's General Stores (CASY) is a Zacks Rank 1 (Strong Buy) right now...