Tag Archives: csco

Microsoft Beats Apple In Cash, Short-Term Investments

If cash is king, then Microsoft (MSFT) wears the crown. Among companies in the S&P 500, Microsoft had the highest amount of cash and short-term marketable securities as of the end of Q4, to the tune of $90.25 billion, reports FactSet Research. General Electric (GE) is close behind Microsoft, followed by Google (GOOGL) and Cisco Systems (CSCO). Cash and short-term investments among all companies in the S&P 500 is at a record high $1.43 trillion.

Cisco Gets Six Price Target Hikes After Q2 Earnings

Cisco Systems (CSCO) appears to be back on track after the No. 1 computer networking equipment maker late Wednesday reported what it called its best across-the-board results in three years, beating estimates. The company’s outlook for the current quarter was mostly in line. Analysts cheered. At least six investment banks raised their price targets on Cisco stock, which was up nearly 8% in morning trading in the stock market today, near 29, its

Cisco Could See Product Revenue Accelerate In Q2

Cisco Systems (CSCO) will likely benefit from surging sales of new products in some of its core areas and weak comparable year-earlier numbers when the company reports its fiscal Q2 earnings after the market close Wednesday. The global networking computing equipment maker has been working through a transition that includes building revenue growth in such emerging areas as security software, data center products and wireless systems to offset