Broadcom reportedly in talks to buy VMware

Broadcom reportedly in talks to purchase VMware

Chip maker Broadcom Inc. is in negotiations to purchase enterprise cloud-computing firm VMware Inc., based on a number of stories Sunday evening. Bloomberg News, Reuters, the New York Times and the Wall Street Journal reported the continued talks however didn’t point out a purchase order value; as of Friday, VMware VMW, +0.80% had a market […]

Cisco Should Post Strong Earnings. Wall Street Is Worried About Big-Picture...

Cisco Ought to Submit Sturdy Earnings. Wall Road Is Nervous About Massive-Image…

Textual content dimension Barclays analyst Tim Lengthy says order development at Cisco is more likely to decelerate. Josep Lago/AFP by way of Getty Photographs Wall Road is optimistic about Cisco Techniques’ quarterly outcomes, due after the shut of buying and selling Wednesday, however considerations stay about how the networking large’s outlook could be affected by […]

Cisco Systems shares rise 5% on sales, earnings that beat expectations

Cisco Programs shares rise 5% on gross sales, earnings that beat expectations

Cisco Programs Inc.’s inventory rose 5% in prolonged buying and selling Wednesday after the computer-networking firm reported fiscal second-quarter outcomes barely above Wall Road estimates and provided encouraging steering regardless of lingering investor concern over supply-chain points. The corporate additionally introduced a $15 billion inventory repurchase, however didn’t point out a rumored $20 billion acquisition […]

Splunk Stock Surges on Report of $20 Billion Cisco Buyout Offer

Splunk Inventory Surges on Report of $20 Billion Cisco Buyout Provide

Textual content dimension Cisco made a proposal to accumulate Splunk for greater than $20 billion, in keeping with the Wall Road Journal. Justin Sullivan/Getty Pictures Shares of Splunk had been rising sharply Monday on a report that  Cisco Programs made a takeover provide of greater than $20 billion for the info analytics software program firm. […]

Qualcomm stock slips following strong earnings and outlook

Qualcomm inventory slips following sturdy earnings and outlook

Qualcomm Inc. shares slipped within the prolonged session Wednesday because the chip maker’s quarterly outcomes and outlook topped Wall Avenue estimates, however sure enterprise segments fell wanting expectations. In its forecast for the second quarter, Qualcomm QCOM, +6.25% mentioned it expects adjusted earnings of $2.80 to $3 a share on income of $10.2 billion to […]