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Tech stocks failed to sustain an earlier rally by Thursday's closing bell, though Cisco Systems ended the day with its best session in nearly two years.The Nasdaq Composite Index(RIXF) closed down 0.2% at 3,465, with the Philadelphia Semiconductor Index (SOX) off 0.8% by the close. The Morgan Stanley High-Tech Index (MSH) rose 0.5% by the close.Cisco (CSCO) shares closed up 12.6% at $23.89, after hitting an intraday high of $24.24. It was the biggest one-day gain for the stock since Aug. 2011. Cisco was the best performer on both the Dow Jones Industrial Average and the S&P 500."Cisco didn't stumble and sounded positive, which should be constructive for most tech companies," Needham analyst Alex Henderson said in a note. "We are more surprised by the reaction to the results than by the results and guide. In our view, it shows just how worried investors are about the outlook and conditions in tech."Those worries appeared to ease on Thursday, as shares of other networking-gear makers ral...
Cisco Systems Inc. (CSCO) shares rose as much as 14% Thursday and hit their highest level since November 2010 after the network-technology giant gave an upbeat view ...
U.S. stocks wobbled on Thursday as a midmorning selloff lured in sidelined retail investors."There is still a lot of money out there that needs to find a home. The g...
U.S. stocks mostly fell on Thursday, pausing after another record-setting session, as data had jobless claims hitting a six-week high and housing starts falling shar...
Cisco Systems Inc. led a rally in networking shares on Thursday after the tech giant beat earnings estimates and painted an upbeat picture of the corporate tech mark...
Cisco Systems Inc. shares soared early Thursday, propelling the tech sector to early gains, after the technology giant beat Wall Street's earnings estimates. Cisco w...
Among the companies with shares expected to actively trade in Thursday's session are Cisco Systems Inc. (CSCO), Wal-Mart Stores Inc. (WMT) and Kohl's Corp. (KSS).Cis...
Shares of Cisco Systems (NASDAQ:CSCO) surged 12% Thursday morning as Wall Street gives the tech bellwether's earnings beat and upbeat guidance a standing ovation.The...
FOX Business: Capitalism Lives HereU.S. stock-index futures budged little on Thursday as traders mulled a slew of economic data and corporate news. Today's MarketsAs...
Cisco Systems Inc. (CSCO) delivered a sign of improving tech-sector demand as the company's newer software and services businesses more than offset weaker revenue fr...
Shares of Google Inc. jumped Wednesday -- passing the $900 mark for the first time -- as the company kicked off its developers conference known as Google I/O.Google ...
Cisco Systems Inc. issued a forecast for its current fourth fiscal quarter that was largely in line with Wall Street's prior estimates. The forecast was made on Wedn...
Cisco Systems Inc.'s (CSCO) fiscal third-quarter profit grew 14% as the network-equipment firm posted improved revenues from both its main segments, led by services ...
U.S. stocks declined Thursday, halting the S&P 500's four-session winning streak, after a Federal Reserve official said the central bank could begin tamping back on ...
Cisco Systems Inc. led a rally across much of the tech sector on Thursday, after the network equipment giant beat earnings estimates and painted an upbeat picture of...
U.S. stocks wobbled on Thursday as any attempt at a selloff only served to lure in sidelined retail investors."We've had very few down days, or they are shallow down...
U.S. stocks wobbled on Thursday as any attempt at a selloff only served to lure in sidelined retail investors."We've had very few down days, or they are shallow down...
FOX Business: Capitalism Lives HereThe Dow and S&P bounced about all-time highs as traders responded to generally weak economic data and mixed corporate news.Today's...
FOX Business: Capitalism Lives HereThe Dow and S&P 500 retreated from record highs on Thursday after a round of disappointing economic data shook traders' confidence...
Stocks pulled back late on Thursday as bullish sentiment could not overcome disappointing economic reports. Initial jobless claims, housing starts and a reading of t...
