We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Cisco uses share buybacks to manipulate and financially engineer the earnings to hit consensus, but miss on revenue that had a low consensus to begin with and the stock rallies. Other stocks have been demolished for the same. Oh yeah, they announced more buybacks 🙄.
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cisco shares rise on better-than-expected revenue and earningsCisco beat quarterly estimates on the top and bottom lines. I don't do fundamentals, but do people feel good about beating street estimates if they are always so low. Not hard when you set the earnings bar so low that a toddler could jump over it. When I started to hear headlines of “better than feared” this earnings season to spark rallies I knew we were in for some major manipulation.
Source: CNBC - 🏆 12. / 72 Read more »
Cisco stock rises on earnings beat, outlook
Source: MarketWatch - 🏆 3. / 97 Read more »
Cramer Remix: If the market drops tomorrow, buy this stockJim Cramer explains why Cisco could be a winner if the market heads lower. Let me guess: Bear Stearns?
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Hasbro, Coty, Expedia, Verizon & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves midday: Goodyear Tire, Skechers & moreStocks making the biggest moves midday: Goodyear Tire, Skechers, Mattel & more
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: Morgan Stanley, Restaurant Brands, Tesla, Walmart & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »
Stocks making the biggest moves premarket: SunTrust, BB&T, Twitter, Sonos & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »