Archive for February 8th, 2012
Cisco beats estimates with 2Q earnings, sales (AP)
NEW YORK – Cisco, the world’s largest maker of computer networking equipment, on Wednesday said that its net income jumped 44 percent in the latest quarter as it continues to put last year’s slump behind it. Cisco Systems Inc. has emerged leaner after a round of layoffs and a narrowing of its focus
Groupon stock plunges on net loss
NEW YORK (CNNMoney) — Welcome to the big leagues, Groupon. Shareholders punished the stock in after-hours trading Wednesday after the daily deals site posted a surprise loss for its first quarter as a public company. Groupon reported a net fourth-quarter loss of $42.7 million, or 8 cents a share, on sales of $506.5 million.
HRID – Your Head is going to SPIN with this Momentum!
Momentum Is Off The Charts for HRID! Are You Ready For Your Piece of The Action? Let’s get right into my next stock idea, which is HRID there is no time to waste! Symbol: HRID Name: Hybrid Fuels Inc Price: .11 – .125 Why HRID? Because of many factors including HRID currently holds a”STRONG-BUY” rating
Wall Street ends flat; Cisco gains after the bell (Reuters)
NEW YORK (Reuters) – Stocks closed flat in another thinly traded session on Wednesday as Greece remained in a standstill over accepting tough reforms in exchange for a bailout critical to avoiding a chaotic default. Underlying confidence kept the Dow near an almost four-year high notched on Tuesday, though trading has been quiet since last week’s stellar employment report
Dennis M. Kelleher: More Unconscionable Wall Street Whining
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Eco-Friendly Lego: Build objects out of bricks made from coffee beans and recycled materials (Yahoo! News)
Choose from four Earth Brick types: coffee beans, tree bark, green tea, and sawdust So you don’t want to buy Lego either because you find their colors too gaudy or because you live a very eco-friendly life in which plastic has no room. But what do you do when you’re suddenly seized by an inexplicable desire to build objects out of bricks?
Stocks rally from early losses to close higher (AP)
NEW YORK – Stocks staged an afternoon-long rally and closed higher Wednesday as Greece appeared to close in on the cost-cutting deal it needs to keep from defaulting on its national debt. The Dow Jones industrial average gained 5.75 points to close at 12,883.95 after falling as much as 60 points at midday
Akamai Q4 beats as demand for online content soars (Reuters)
(Reuters) – Internet content delivery company Akamai Technologies Inc posted a fourth-quarter profit above analysts’ expectations, helped by growing demand for online content, sending its shares up 12 percent in trading after the bell. “It was the best quarter in the company’s history with top-line, bottom-line and quarter-over-quarter growth,” Chief Executive Paul Sagan told Reuters
Summary Box: Stocks rise as Greece nears deal (AP)
GREECE LIGHTENING: Greece still hasn’t finalized a deal to cut what it owes bondholders, get a bailout and avoid defaulting on its debt next month. But investors seemed glad that an agreement appeared near
Facebook afterglow lights up IPO markets
(Reuters) – The excitement generated by Facebook ‘s IPO filing rubbed off on companies listing on U.S. stock exchanges on Wednesday, with four of them seeing strong first-day gains
