Cisco

Market Week Wrap-up

– Leading global equity indices continued floating upwards this week while the inflation drumbeat just kept getting louder. In the US, the January y/y CPI figure hit +1.6%, its highest level since last spring, and some analysts were alarmed by higher food prices creeping into CPI data sooner than expected. China’s January CPI report was lower than expected at +4.9% y/y, but markets panned the figures as heavily massaged by basket revisions. In the UK, the BoE said CPI would likely continue growing at a 4-5% clip over the short term. The World Bank released a report indicating that food prices were up 15% since October 2010 and are now only 3% away from record highs hit in 2008. Commodities moves complicated the story somewhat. While silver has pushed out to 30-year highs, there were signs that inflated soft commodity prices were beginning to unwind, with cotton and grain prices both below recent highs. Crude and gold prices have been impacted by reports that Iran is sending warships through the Suez Canal and bloody protests in Bahrain (next door to Saudi Arabia), although WTI futures were well below recent highs seen in early February. The Obama Administration unveiled its $3.73T budget proposal for 2012, including an all-time high deficit of $1.65T, reflecting the tax-cut agreement reached with Republicans in December. For 2012, the administration sees the imbalance declining to $1.1T, giving the country a record four straight years of one trillion-plus deficits. Bond prices held steady after the details were released, and Congress sharpened its knives for a budget fight. The Feb Empire Manufacturing survey hit its highest level since last June, indicating that the US manufacturing expansion seen over the last several months is continuing. On Friday there was plenty of commentary out of the G20 conference, where leaders tried mightily to achieve some concrete steps in reforming the global monetary system. Fed Chairman Bernanke took a swipe at the Chinese in his policy address to the G20, warning that nations which keep currency values low create imbalances, while the PBoC’s Zhou continued to push for a higher profile for the IMF’s Special Drawing Rights (SDRs). For the week, the DJIA rose 1.0%, the Nasdaq gained 0.9% and the S&P500 was up 1.0%. – John Deere crushed earnings and revenue targets in its Q1 report and nearly doubled its guidance for FY11 equipment sales. The firm hiked its sales guidance for its key agriculture and construction units as well, and said its Q2 revenue would blow out consensus estimates. Later in the week Caterpillar released very favorable dealer metrics for the month of January, with North America machinery sales up a whopping 58% y/y in the month. – Iron ore miner Cliffs Natural Resources reported very strong Q4 profits on a big y/y gain in iron ore pricing. The company expects global steel production to continue to grow in 2011, although it warned that spot iron ore prices are unsustainably high. Reliance Steel also blew out earnings estimates, and said pricing would remain strong at least through the first quarter of 2011. – In tech, Dell’s profit was way ahead of the consensus in its Q4 report, thanks to a big improvement in margins. The company said it believes the corporate IT…

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Digital Realty Trust Q4 FFO Rises; Forecast Boosted (DLR)

Data center REIT Digital Realty Trust, Inc. ( DLR ) on Friday posted better-than-expected fourth quarter funds from operations and lifted its full-year 2011 forecast. The San Francisco-based company reported fourth quarter funds from operations (FFO) of $102.91 million, or 98 cents per share, compared with $69.43 million, or 79 cents per share, in the year-ago period. Excluding one-time items, adjusted FFO was 96 cents per share. Revenue surged more than 40% from last year to $239 million. On average, Wall Street analysts expected smaller FFO of 91 cents per share, albeit on higher revenue of $242 million. Looking ahead, the company boosted its full-year 2011 FFO guidance to a range of $3.80 to $3.95 per share, while analysts expect $3.85 per share for the year. Digital Realty Trust shares were mostly flat in premarket trading Friday. The Bottom Line We recently added shares of Digital Realty Trust ( DLR ) to our recommended list. The company has a 4.86% dividend yield, based on last night’s closing stock price of $56.02. Digital Realty Trust, Inc. ( DLR ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Cisco Systems Earnings: Net Income Falls 18%

Filed in Cisco, earnings, New Gold, o, revenue by on February 10, 2011 0 Comments
Cisco Systems Earnings: Net Income Falls 18%

Filed under: Earnings Reports , Cisco Systems (CSCO) , Technology Bellwether technology company Cisco Systems ( CSCO ) reported second-quarter profit fell, although it still topped analysts forecasts. Net income sank 18% to $1.5 billion or 27 cents a share, from $1.9 billion or 32 cents a year ago, as reported in the New York Times . Revenue climbed 6% to $10.4 billion from $9.8 billion in the quarter a year ago. On an adjusted basis, income was 37 cents a share, beating Thomson Reuters forecast of 35 cents a share on revenue of $10.24 billion. Continue reading Cisco Systems Earnings: Net Income Falls 18% Cisco Systems Earnings: Net Income Falls 18% originally appeared on BloggingStocks on Thu, 10 Feb 2011 09:30:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Ventura Lawsuit: TSA Pat-Downs Classify as ‘Unlawful Sexual Abuse’

Filed in Cisco, EPS, Gold, o, target, Travelers, ubs by on January 25, 2011 0 Comments
Ventura Lawsuit: TSA Pat-Downs Classify as ‘Unlawful Sexual Abuse’

Aaron Dykes Infowars.com January 25, 2011 Former Minnesota Governor Jesse Ventura is suing the TSA and Homeland Security for humiliating and ‘offensive’ pat-down procedures he’s been subjected to during airport security checks that included ‘warrantless, non-suspicion-based offensive touching, gripping and rubbing of the genital and other sensitive areas of his body.’ Ventura, who had a hip replacement procedure in 2008, says he was unduly targeted due to his disability. His lawsuit , filed yesterday in Minnesota, claims the pat-downs violated his privacy, his 4th Amendment right and legally meet ‘the definition for an unlawful sexual assault’.” Alex Jones, who traveled with Ventura last September during the production of his “Conspiracy Theory” TV show over the course of multiple flights, witnessed the former governor being groped and inappropriately touched in a pat-down procedure that Ventura faces everytime he travels. “That’s why I want to leave the United States,” Ventura had told Jones at the time. “This is why I go down to Mexico– this is wrong.” But Jones says Ventura was even more upset everytime he witnessed some old man in a wheelchair harassed or manhandled by the TSA, without any basis for suspecting them. That’s when Ventura first revealed his thoughts of suing the TSA. In November, Ventura went on the Alex Jones Show and vowed never to fly commercially again until TSA reversed its policies. Part of Ventura’s suit includes a complaint about violations of the Americans with Disabilities Act , whereby he says TSA has unduly selected numerous disabled passengers for secondary screening and potential harassment without cause. Ventura, who travels frequently for his job hosting a TruTV program when he isn’t in Mexico, further commented that he would ‘no longer be forced by the TSA to prove he is not a criminal or terrorist.’ Ventura lamented on Jones’ program. “It probably means an end to my career,” referring to his difficulties with air travel. He’s not alone, as representatives from the travel, airline and tourism industry have already met with Big Sis to lobby DHS to back off of the enhanced pat-downs that caused a traveler backlash in the fall and what they say are more than 41 million travelers who ‘avoided’ flights and didn’t spend an estimated $9 billion in travel sales. (ARTICLE CONTINUES BELOW) Ventura’s attorney, David Olsen, told KSTP in Minnesota “The security procedures are going too far. There’s a line somewhere and he believes that line has been crossed.” Steve Wagstaffe, then D.A.-elect, now current D.A. of San Mateo County, California, stated in November 2010 that he and his deputies would be patrolling San Francisco International Airport for possible violations by TSA staff and would prosecute any employees engaged in “lewd and lascivious behavior” while conducting pat-downs. He further noted that groping of travelers’ genitals, even if backed by TSA policy, amounted to a felony offense. The TSA recently settled with an Amarillo, Texas woman whose breasts were exposed by TSA employees who then laughed at the matter. Stock up with Fresh Food that lasts with eFoodsDirect Jesse Ventura is reportedly working with the press from Mexico and should be appearing on the Alex Jones Show in the near future.

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Wells Fargo’s Q4 Net Jumps 21%, Matching View (WFC)

Filed in Cisco, dividend, Gold, Gold Bullion prices, o, revenue, shares, Wells Fargo by on January 19, 2011 0 Comments

Banking giant Wells Fargo & Company ( WFC ) on Wednesday posted a 21% gain in fourth quarter profit, matching analyst estimates. The San Francisco-based company reported fiscal fourth quarter net income of $3.41 billion, or 61 cents per share, compared with $2.82 billion, or 8 cents per share, in the year-ago period. Revenue fell 5% from last year to $21.49 billion. On average, Wall Street analysts expected a matching profit of 61 cents per share, on lower revenue of $21 billion. Wells Fargo shares fell 19 cents, or -0.6%, in premarket trading Wednesday. The Bottom Line Shares of Wells Fargo ( WFC ) have a .62% dividend yield, based on last night’s closing stock price of $32.49. The stock has technical support in the $28-$30 price area. If the shares can firm up, we see overhead resistance around the $34 price level. Wells Fargo & Company ( WFC ) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.3 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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JPMorgan to Boost Dividend in Second Quarter (JPM)

Filed in ceo, Cisco, dividend, earnings, Gold Investment, jp morgan, o, shares by on January 12, 2011 0 Comments

Jamie Dimon, CEO of Banking giant JPMorgan Chase & Co. ( JPM ), late Tuesday said in a television interview on CNBC that the company will raise its dividend payout in the second quarter. Dimon also said during a speech at a healthcare conference in San Francisco that the company would like to realize a dividend payout ratio of 35% of normalized earnings. JPMorgan shares rose 67 cents, or +1.5%, in premarket trading Wednesday. The Bottom Line We began recommending shares of JP Morgan ( JPM ) back on Dec.22, when the stock was trading at $41.00. The company has a .46% dividend yield, based on last night’s closing stock price of $43.60. JPMorgan Chase & Co. ( JPM ) is a “Recommended” dividend stock, holding a Dividend.com DARS™ Rating of 3.5 out of 5 stars. Be sure to visit our complete recommended list of the Best Dividend Stocks , as well as a detailed explanation of our ratings system here .

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Six Stocks for the Next Ten Years

Six Stocks for the Next Ten Years

It was a cold and blustery winter day when I met my father for lunch last week. This is one of the few unexpectedly pleasant things I discovered in my middle age… I can now sit with my father, digest dragon rolls and a bit of wisdom obscured by banter and watch the world march by a plate glass window. At one point between the miso soup and the spicy tuna, Dad told me that he had been putting $1,000 a year into a mutual fund for each of his grandchildren on their birthday. And due to a happenstance of luck, one particular granddaughter who was born in April was up more than 20% over the other ten grandkids. He had chosen a mutual fund that would gradually switch from equities to bonds the closer it came to the tuition due date. Well, I thought, that’s nice of him. A bad gold call But for the record, this is the same man who put money in a gold fund for my college expenses during the seventies and early eighties. From the time he started investing until I needed the money in 1988, gold only went down — falling from $10,00 an ounce to $250 or so at the bottom. It was a spectacularly poor investment, and when it was sold, it was worth half as much as he put in. Not that I wasn’t grateful, as it bought many a Natty Boh; I only wish he had chosen Apple, Microsoft, or Wal-Mart. Now I don’t think the run in gold and silver is over — not by a long shot. Back in 1980, my grandparents would greet us with pre-1965 silver dollars. My Aunt would give us coin sets for birthdays and for Christmas. And these people made their living from farming, ranching, and selling insurance — not what you’d call Wall Street insiders. As far as I can tell this isn’t happening yet. The blow-off top in the metals market is still down the road… Buy low, sell high This led me to think about the big picture. Where would you put money today in order to reap the large returns in fifteen years? The Sam Walton biography tells the story of a truck driver who worked for Wal-Mart and retired a millionaire on WMT stock alone… Or John Templeton, who bought Freddie Mac in 1980 for his wife’s retirement fund and turned $3,000 into a million as interest rates fell from 21% to 8% and housing took off. The trick isn’t to buy high and sell higher ; it’s to buy low in a company that will likely be around and thriving in 15 years. The lost decade There is one sector that is cheap, solid, pays dividends, and is expanding: the old school tech plays that no one wants to talk about. Let’s take a step back and look at why these stocks are so cheap. The first reason is that they got ramped up in the 1999 dot-com bubble. All of these stocks like Oracle (ORCL), Microsoft (MSFT), Intel (INTC), Qualcomm (QCOM), Cisco (CSCO), and Corning (GLW) were trading at price-to-earnings ratios over 100. They split their stocks again and again so that Oracle has 3.8 billion in their float. Microsoft has 7.5 billion. There are so many shares out there that Wall Street …

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San Francisco police shoot wheelchair-bound man twice in the groin

Filed in Cisco, Gold Spot Market, o by on January 8, 2011 0 Comments

Raw Story | A man in a wheelchair was shot twice in the groin by San Francisco police outside a mental health facility Tuesday.

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Jon Stewart on the Nanny State

I found this one over on the Lew Rockwell Blog . They hate the Nanny State as much as I do. It’s by our old friend Jon Stewart. These days his show is the closest thing to what used to be known as an “investigative journalism”. Comedian or not….this guy nails it time after time….after time. It’s a funny way to end the week… The Daily Show With Jon Stewart Mon – Thurs 11p / 10c San Francisco’s Happy Meal Ban www.thedailyshow.com Daily Show Full Episodes Political Humor & Satire Blog The Daily Show on Facebook The sad part is that it’s true. Have a great weekend. Related Articles: Jon Stewart’s Big Bank Theory Jon Stewart on the Foreclosure Fiasco Jon Stewart’s “Nightmare on Wall Street” Jon Stewart’s Poorhouse Jon Stewart On 40 Years of Broken Energy Promises Jon Stewart’s “Nightmare on Wall Street” To learn more about Wealth Daily click here Advertisement The Next Gold Mining Breakthrough This tiny gold company is about to rewrite the book on mining exploration… And they’re doing it just in time to catch the biggest gold bull market in a generation. Make over 10,800% as this Nevada mining company breaks all the rules… and all the records. Learn more here. Jon Stewart on the Nanny State originally appeared in Wealth Daily . Wealth Daily is a free daily newsletter featuring contrarian investment insights and commentary.

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Barron’s Forecasts 10% Higher Stock Market in 2011

Filed in Cisco, EPS, General Motors, Gold, lead, New Gold, o, wal-mart by on January 3, 2011 0 Comments
Barron’s Forecasts 10% Higher Stock Market in 2011

Filed under: Analyst Reports , Forecasts , From the Boards , Indices , Market Matters , Headline News , DJIA Barron’s is forecasting a 10% rise in stock prices in 2011 led by big cap stocks. They argue that the big caps have lagged the market for the past decade and are now poised to take the lead, as reported by CNBC.com . Here are their top ten picks for this year: Exxon Mobil ( XOM ), Walmart ( WMT ), Pfizer ( PFE ), JPMorgan Chase ( JPM ), General Motors ( GM ), Cisco Systems ( CSCO ), United Continental Holdings ( UAL ), Barrack Gold ( ABX ), Entergy ( ETR ), and PepsiCo ( PEP ). Continue reading Barron’s Forecasts 10% Higher Stock Market in 2011 Barron’s Forecasts 10% Higher Stock Market in 2011 originally appeared on BloggingStocks on Mon, 03 Jan 2011 16:30:00 EST. Please see our terms for use of feeds . Read | Permalink | Email this | Comments

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Top Picks 2011: Cisco Systems (CSCO)

Filed in Bank Gold, Cisco, o by on January 3, 2011 0 Comments
Top Picks 2011: Cisco Systems (CSCO)

Filed under: Cisco Systems (CSCO) , Newsletters , Stocks to Buy , Best Stocks for 2011 This post is one in a series in which more than 60 newsletter advisors share their Top Stock Picks for 2011 . This special report is courtesy of TheStockAdvisors.com . “We recommend broad portfolio diversification is a core tenet of our investment approach,” says value investor John Buckingham . The editor of The Prudent Speculator explains, “However, we think the tech sector presents some attractive opportunities, especially in the large-cap arena. Oone stock we particularly like for the coming year is Cisco ( CSCO ). Continue reading Top Picks 2011: Cisco Systems (CSCO) Top Picks 2011: Cisco Systems (CSCO) originally appeared on BloggingStocks on Mon, 03 Jan 2011 10:00:00 EST. Please see our terms for use of feeds . Permalink | Email this | Comments

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Apple: Stock of the Year

Apple: Stock of the Year

Things were a lot easier when I was kid. Back then, all you needed was a pair of Jack Purcells and mood ring to fit in. Today, it’s an expensive pair of Nikes and some sort of iThingy. At least, that’s the case in my house— where my kids had been pestering me all year for the latest electronic gadget sprung from the minds of the folks at Apple Inc. (NASDAQ: AAPL ). And this year, my kids hit the trifecta. Against my better judgment, all three of them got an iTouch… which drives me up the wall, since they would rather fiddle with them than do practically anything else… I’ll be honest; it gives me a great deal of delight to confiscate them all for even the smallest infraction. But I am comforted to know they won’t be eating alone at the “nerd table” in the cafeteria when they go to school. In this case, it was something of a tradeoff, as Apple products seemed to be everywhere I looked this Christmas: from iPods to iTune gift cards, my family was certainly doing its part to keep Apple at the top of the stock charts. In that regard, we were just one family among millions… Stock of the Year That’s why, when it came time to choose my Stock of the Year, Apple Inc. was at the top of the list. Edging out a…

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