Cisco's play for Tandberg is a real sign of the times for cash rich tech companies. Here's a company trading at or near its 52-week high, and yet dips into its swollen coffers and pays for the $3 billion deal all in cash. And why not, with $35 billion in cash on the balance sheet, Cisco can certainly afford it. Read More
October is here and the kickoff to earnings season is just around the corner with Alcoa set to report next week. Here are the Top 20 stocks in the S&P 500 with the greatest expected year-on-year analyst growth forecasts. Read More
Investors were going gaga for Google (GOOG) five years ago today. In one of the most anticipated IPOs over the past decade, the Internet search company priced nearly 20 million shares at $85 per share, raising $1.7 billion dollars through an auction of its shares. Read More
Stocks could drift on low volume in the final weeks of summer, but traders increasingly believe a pull back is brewing in the not too distant future. Even short interest, a powerful market driver, is waning. Read More
It was quite a week to finish quite a month. The major averages were all up about 8% for the month of July and some of the economic news announced last week was even good enough to support the move. Read More
Will wonders never cease? The 20 city Case Shiller Home Price actually increased .5% in May versus the prior month. To be sure the numbers were still 17.1% below last years' but that is an improvement over the -18.1% of April and better than the consensus guess of a negative 17.9%. Read More
Buoyed by better-than-expected earnings and cautious signs of optimism, technology stocks have outpaced the broader stock market in the first half of the year, and many experts say the industry will play an important role in leading the U.S. out of recession. David Lutz, managing director at Stifel Nicolaus Capital Markets and Jim Iuorio, director at TJM Institutional Services, weighed in on the best places to invest in the tech sector now. Read More