Last night, on CNBC’s Fast Money program we discussed the JP Morgan’s (JPM) investor day that had the stock down 4% yesterday. JPM CEO Jamie Dimon portrayed a calming tone, despite acknowledging headwinds to his business, having …
Continue readingCisco Systems
On Friday in my MorningWord, the message was simple, in an uncertain economic and market environment, take cautious commentary from company management at face value. I used the example of Cisco Systems in early November 2007. They …
Continue readingShares of Cisco Systems have under-performed the Nasdaq Composite in a fairly meaningful way so far in 2015, up only 3.6% to the Nas up up 7.2%. Despite rising nearly 30% from the 52 week …
Continue readingFT Treasuries are falling and Wall Street stocks are on course to challenge fresh cyclical highs after the official US jobs report showed solid job creation and unemployment unexpectedly dropping, boosting hopes for the world’s …
Continue readingS&P 500 FUTURES 12630.03 –6.10 Last Updated: 08:47:52 AM Cisco Systems (CSCO), following a better-than-expected fiscal Q3 report but a disappointing Q4 outlook, this afternoon told analysts it will make changes in its business to …
Continue reading