Archive for August 12th, 2010

Cisco Flakes On Confidence

Cisco Systems, Inc. (NASDAQ: CSCO) was down in pre-market trading as a result of weak guidance offered by the company.  At 8:35 AM EST is down 7.42% from $23.73 to $21.97, and has traded 876,856 shares, compared with the company’s average of 58,236,500 shares.  This drop comes during a 52-week trading range of $20.68 – [...]

eBay Makes Up For Wednesday Loss After Citigroup Upgrade

Ebay inc. (NASDAQ: EBAY) was upgraded to a buy this morning by citigroup, largely erasing yesterday’s 3% loss in pre-market trading. At 8:10AM EDT, EBAY shares were up 2.12% to 21.70, which is on the low end of the online auction company’s 52-week range 19.06 - 28.37. The stock had only traded 10,214 shares relative to a [...]