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Zacks News
Cisco Wins Temporary Victory, Arista Products Faces ITC Ban
by Zacks Equity Research
Cisco Systems Inc. (CSCO) won a temporary victory in a long-running patent infringement case at International Trade Commission (ITC) against its close rival Arista.
Broadcom (AVGO) Gets US Antitrust Nod for Brocade Buyout
by Zacks Equity Research
Broadcom Limited (AVGO) recently received U.S. antitrust approval for the buyout of Brocade Communications Systems, per the Federal Trade Commission (FTC).
Cisco's Long-Term View Disappoints, Revenue Outlook Down
by Zacks Equity Research
Cisco Systems Inc. (CSCO) recently provided long-term (3-5 years) growth targets.
NetScout to Work with Bouygues Telecom for VoLTE Enhancement
by Zacks Equity Research
NetScout Systems, Inc. (NTCT) recently announced a collaboration with French telecommunication company Bouygues Telecom.
AT&T to Start Deploying 5G Network in Late '18 or Early '19
by Zacks Equity Research
AT&T Inc. (T) has unveiled their expected plans to start commercial deployments of both fixed and wireless 5G network in late 2018 or early 2019.
Arista Upgraded to Strong Buy On Lower Legal Headwinds
by Zacks Equity Research
On Jun 16, Arista Networks Inc. (ANET) was upgraded to Zacks Rank #1 (Strong Buy).
Here's Why Investors Should Retain Cincinnati Bell Stock
by Zacks Equity Research
On Jun 23, 2017, we issued an updated research report on Telecom service provider, Cincinnati Bell Inc. (CBB).
Cisco (CSCO) Announces the Launch of Smart Adaptive Network
by Zacks Equity Research
Cisco Systems Inc. (CSCO) recently unveiled its new adaptive network that will be able to detect encrypted malware, thus increasing security.
Level 3 Communications (LVLT) Shares Touch a 52-Week High
by Zacks Equity Research
Level 3 Communications, Inc. (LVLT) achieved a fresh 52-week high of $64.21 during yesterday's trading session.
CenturyLink Teams with Cisco for Managed Enterprise Services
by Zacks Equity Research
CenturyLink Inc. (CTL) has decided to offer managed enterprise services in association with Cisco Systems Inc.'s (CSCO) subsidiary, Cisco Meraki.
Worldwide Service Provider Router Revenues Continue to Rise
by Zacks Equity Research
According to a recent report by IDC, the service provider router and carrier Ethernet switch industry has witnessed a successful first quarter of 2017.
Server Revenues Fall for 5th Straight Quarter: Gartner & IDC
by Zacks Equity Research
Global server market revenues declined in first-quarter 2017, according to the two research firms, Gartner Inc. (IT) and International Data Corporation (IDC).
Ciena (CIEN) Upgraded to Strong Buy on Strong Q2 Results
by Zacks Equity Research
On Jun 7, Zacks Investment Research upgraded Ciena Corp. (CIEN) to a Zacks Rank #1 (Strong Buy).
Ericsson (ERIC) to Deploy Verizon's (VZ) Managed SD-WAN
by Zacks Equity Research
Verizon Communications (VZ) has inked a managed services deal with Ericsson (ERIC) wherein the latter will be deploying Verizon's Managed Software Defined Wide Area Network (SD WAN) to transform its corporate IT environment toward a virtual services implementation.
Here's Why You Should Hold on to Palo Alto (PANW) Stock Now
by Zacks Equity Research
One stock that investors need to hold on to right now is Palo Alto Networks Inc. (PANW).
Ciena (CIEN) Q2 Earnings, Revenues Surpass Estimates
by Zacks Equity Research
Ciena Corp. (CIEN) reported second-quarter fiscal 2017 non-GAAP earnings (excluding stock-based compensation) of 45 cents, which increased 32.4% on a year-over-year basis.
Cisco and IBM Collaborate to Develop Cybersecurity Solution
by Zacks Equity Research
Cisco Systems Inc. (CSCO) and IBM recently announced a collaboration to fight against the growing instances of cybercrime.
Palo Alto Networks (PANW) Q3 Loss Widens, Revenues Beat
by Zacks Equity Research
Palo Alto Networks Inc. (PANW) reported mixed third-quarter fiscal 2017 results.
What's in the Offing for Palo Alto (PANW) in Q3 Earnings?
by Zacks Equity Research
Palo Alto Networks Inc. (PANW) is set to report third-quarter fiscal 2017 results on May 31.
Nutanix (NTNX) Q3 Loss Narrower than Expected, Stock Up
by Zacks Equity Research
Nutanix Inc. (NTNX) reported loss of 77 cents per share in the third quarter, which was narrower than the Zacks Consensus Estimate of a loss of 86 cents.
Verizon (VZ) On Track to Deploy 5G Fixed Wireless in 2018
by Zacks Equity Research
Verizon Communications Inc. (VZ) is currently conducting field trials for its upcoming 5G wireless network with partners.
Tech Stock Roundup: Wannacry, GOOGL I/O FB Fine, QCOM Suit
by Sejuti Banerjea
Tech news last week revolved around the Wannacry ransomware attack that affected Microsoft's (MSFT) Windows PCs, Alphabet's I/O developers conference, the EU's decision to fine Facebook (FB) over misstatements in its WhatsApp merger application and Qualcomm's (QCOM) decision to sue Apple (AAPL) suppliers.
Dow 30 Stock Roundup: Home Depot, Cisco, Wal-Mart Beat on Earnings
by Swarup Gupta
The Dow traversed another tenuous week, marked by key earnings results and political developments.
Cisco (CSCO) Q3 Earnings Beat, Shares Fall on Dim View
by Zacks Equity Research
Cisco Systems Inc. (CSCO) reported third-quarter fiscal 2017 earnings of 54 cents per share, beating the Zacks Consensus Estimate by a penny.
Cisco Sinks on Weak Guidance: ETFs to Watch
by Sweta Killa
Cisco came up with solid fiscal third-quarter results, beating our estimates for both the top and the bottom line. However, investors were disappointed with bleak revenue guidance.