Tag Archives: csco

Polycom Stock Retreats After Investor Stirs The Pot

Polycom (PLCM) stock retreated Friday, a day after activist investor Elliott Management disclosed it had a major stake in the videoconferencing company and called on its board to merge with a wireless telecom provider. Shares of Polycom, whose top rivals include heavyweights Cisco Systems (CSCO) and Hewlett-Packard (HPQ), were down 4% in early afternoon trading in the stock market today, near 12.80. But this comes after a 17% jump Thursday to a

Cisco Systems Keeps Up The Rally By Thwarting Hackers

Networking giant Cisco Systems (CSCO) continued a string of good news Wednesday when the company announced that it had thwarted a group of hackers who had been conducting several so-called “malvertising” or “ransomware” campaigns. Cisco said that it could locate and shut down a group of proxy servers using what is known as the Angler Exploit Kit. Hackers use the kit to gain access to personal computers and threaten to destroy critical files unless

Cisco Keeps Climbing As It Outlines Future Business

A new business initiative, a positive analyst review and a generally up market helped drive Cisco Systems (CSCO) stock higher for the third straight day Tuesday, pushing the networking giant up 6% since late last week and 11% from its most recent low, reached six weeks ago. Cisco stock climbed 2% to over 27 in recent trades, cracking its 50-day moving average, after the company told the world what its role will be in connecting gas pipelines,