Tech: Cisco leads broad tech rise at market close

Date: Tue, 03 Feb 2009 18:00:27 -0500

Tech Stocks: Cisco leads broad tech rise at market close
2/3/2009 4:18 PM ET
Late gains from the likes of Cisco Systems leads the tech sector to
close with broad gains and offset some earlier losses that were fueled
by disappointment over the earnings report and outlook of flash-memory
maker SanDisk.

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Cisco shares rise on upgrade
2/3/2009 5:08 PM ET
Shares of Cisco finish higher after an analyst upgrades the tech giant
to a buy rating, citing the company's ongoing bid to cut expenses in a
time of slowing demand.

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Electronic Arts to lay off 1,100 as net losses grow
2/3/2009 4:49 PM ET
Electronic Arts Inc. said Tuesday that net losses slid deeper in its
third fiscal quarter as video game sales for the crucial holiday
period came in below expectations.

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SanDisk shares plunge on huge loss, weak outlook
2/3/2009 4:30 PM ET
Shares of SanDisk Corp. plunge by more than 20% after the chip maker
posts a huge fourth-quarter net loss and issues a
weaker-than-anticipated revenue outlook.

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Amazon Kindle a big seller in 2008, analysts say
2/3/2009 1:34 PM ET
Amazon.com has steadfastly refused to disclose details on the sales of
its popular e-book reader known as the Kindle, which hasn't stopped
Wall Street analysts from trying to pinpoint the number anyway.

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Europe Markets: European shares close higher, telecoms pace gains
2/3/2009 12:10 PM ET
European shares advance in a choppy session, with telecoms among the
best performers as investors welcome earnings from Vodafone Group.

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Motorola posts $3.6 billion loss, suspends dividend
2/3/2009 12:08 PM ET
Investors already know Motorola Inc. had a poor fourth quarter. What
they want to know Tuesday when Motorola reports full results is if the
company will suffer even more in the first few months of 2009 -- and
beyond.

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RealNetworks warns of big charges for fourth quarter
2/3/2009 11:19 AM ET
RealNetworks Inc. says it expects to take big charges in the fourth
quarter due to restructuring and the write-down of assets related to
past acquisitions.

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Vodafone lifts view as weak pound helps 14% sales rise
2/3/2009 10:53 AM ET
Vodafone Group posts a 14% increase in third-quarter sales, helped by
growth in India and positive currency trends, and raises its guidance
for the year to reflect the pound's decline.

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Israel Stocks: Market broadly higher; banks and technology in focus
2/3/2009 9:17 AM ET
Israeli shares snap three-session losing streak with a broad rise on
Tuesday, led by strength in Isramco, banks, the tech sector and real
estate.

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Indications: U.S. stock futures turn higher as Merck tops expectations
2/3/2009 9:09 AM ET
U.S. stock futures point to a mildly higher start after a few
companies, including drug maker Merck & Co. Inc. and homebuilder D.R.
Horton Inc. offer
earnings that topped market expectations.