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Category Archive: Top Stories

Apr
06
2011

Technology stocks rise; Cisco leads Dow

{“s” : “csco,hpq,msft,qcom”,”k” : “a00,a50,b00,b60,c10,g00,h00,l10,p20,t10,v00″,”o” : “”,”j” : “”} Chip Cutter and Matthew Craft, AP Business Writers, On Wednesday April 6, 2011, 4:13 pm NEW YORK (AP) — Stocks are ending the day with modest gains. Cisco Systems Inc. led the 30 companies in the Dow Jones industrials Wednesday after the CEO promised to take …

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Apr
06
2011

Stocks trip higher, with Cisco rally boosting Dow

SAN FRANCISCO (MarketWatch)– U.S. stocks ended moderately higher Thursday, led by gains in financials and tech stocks. Sentiment was helped by a Federal Reserve official’s comments that the Fed would finish its $600 billion bond-buying program on schedule, though investors refrained from making any big bets ahead of upcoming earnings reports. The Dow …

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Apr
06
2011

US STOCKS SNAPSHOT-Tech gains help Wall St edge higher

NEW YORK, April 6 | Wed Apr 6, 2011 4:07pm EDT NEW YORK, April 6 (Reuters) – The S&P 500 inched forward on relatively light volume on Wednesday, with investors adding selectively to winning positions, this time in technology, avoiding large bets ahead of earnings. The Dow Jones industrial average .DJI gained 32.85 points, or …

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Apr
06
2011

Financial Stocks: Financials’ rise helps lift Dow and S&P 500

By Greg Morcroft and Val Brickates Kennedy, MarketWatch BOSTON (MarketWatch) – U.S. financial stocks joined in a broader market advance Wednesday, with the four Dow Jones Industrial Average financial components all scoring solid gains. Shares of Bank of America Corp. /quotes/comstock/13*!bac/quotes/nls/bac (BAC …

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Apr
06
2011

US STOCKS-Wall St edges up, led by tech shares

Wed Apr 6, 2011 3:06pm EDT * Cisco jumps after CEO memo hints at new direction * S&P Feb 1,344 high is still out of reach: strategist * Dow up 0.2 pct, S&P up 0.2 pct, Nasdaq up 0.3 pct * For up-to-the-minute market news see [STXNEWS/US] (Updates to late afternoon; changes byline) By Angela …

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Apr
06
2011

Tech stocks lift Wall Street higher

Cisco Systems led the gains in the technology sector after a candid admission of management failures led to hopes of a turnround. But losses in the materials and energy sectors weighed on Wall Street, leaving the wider indices mostly flat in the session. Shares in the internet equipment company were up 4.4 per cent to …

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Apr
06
2011

Tech Stocks: Tech stocks ease back, but hold directly to gains

By Rex Crum, MarketWatch SAN FRANCISCO (MarketWatch) – Technology stocks cooled off a bit in afternoon trading Wednesday, but still remained largely in positive territory, led by gains by Broadcom Corp. after an analyst who follows the communications-chip maker raised his rating. /conga/story/misc/markets.html 138688 …

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Apr
06
2011

10 Low P/E Semiconductor Stocks With Upside

NEW YORK (TheStreet) — Kulicke and Soffa Industries(KLIC), Nanometrics(NANO), Nova Measuring Instruments(NVMI) and Rudolph Technologies(RTEC) are among a few semiconductor stocks trading at low P/Es and with substantial upside potential, according to analysts’ 12-month price targets. The P/E for these stocks compares to the P/E values of the S&P 500 index and overall industry P/E, …

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Apr
06
2011

Wall Street Struggles to Push Higher

Technology companies gave shares a lift Wednesday after the head of of Cisco promised to take “bold steps” to narrow the company’s focus. Cisco Systems rose 4.2 percent after its chief executive, John T. Chambers, said in a memo to employees that recent missteps were “unacceptable.” Cisco has had three quarters of poor earnings. Analysts …

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