Guinness Asset Management LTD reduced its stake in Cisco Systems, Inc. by 1.4% in the first quarter, according to a recent SEC filing. The company owned over 3.4 million shares of Cisco worth $173 million. Other institutional investors also made changes to their positions in CSCO. Analysts have given the stock various ratings, with an … Read more
The União Brasileira de Educação Católica (UBEC) in Brazil has implemented Citrix Systems, Inc. desktop-as-a-service solution to provide more than 25,000 students and 2,700 employees with secure and reliable access to educational resources. UBEC modernized its IT infrastructure, moving to the cloud and implementing Citrix Virtual Desktop and Application Service to offer high-definition cloud desktops … Read more
Citrix Systems, Inc. (NASDAQ:CTXS) has recently experienced an 18% drop in share price, causing concern among shareholders. However, over the past five years, the stock has shown a 46% return, which is below the market average of 93%. Despite this, the company has managed to grow its earnings per share (EPS) by 22% annually, outpacing … Read more
Cisco Systems, Inc. (NASDAQ:CSCO) experienced a surge in call options trading, with investors purchasing 94,404 call options on the stock. This represents a 47% increase compared to the average daily volume. The company has been the subject of various investigative reports, with different analysts providing ratings and price targets. CSCO stock rose 1.2% on Friday, … Read more
A significant firmware vulnerability has been discovered in Intel-powered PCs worldwide, posing a serious security risk. This flaw affects a range of devices and has the potential to be exploited by cyber attackers to compromise users’ data and privacy. The vulnerability stems from a flaw in the firmware of Intel processors and could allow attackers … Read more
Perpetual Ltd bought a substantial number of shares of Cisco Systems, Inc. during the first quarter, increasing their stake by over 100%. Other institutional investors also made moves with the company’s stock. Insider transactions within Cisco Systems have been noted in recent months, including sales by executives. The company’s stock has been trading at increasing … Read more
In a significant decision, the court sanctioned the California Department of Civil Rights in a high-profile caste discrimination lawsuit against Cisco Systems. The case, which involved accusations against Indian-American executives Sundar Iyer and Ramana Kompella, resulted in a symbolic $2,000 fine against the CRD. The ruling was seen as a victory for both Cisco Systems … Read more
The Internet of Things (IoT) Smart Healthcare market is currently being analyzed using a SWOT analysis method. This market is being driven by key players such as General Electric, Cisco Systems, and IBM. The SWOT analysis looks at the strengths, weaknesses, opportunities, and threats of the IoT Smart Healthcare market as a whole. One of … Read more
During an interview with NDTV, former Cisco Systems CEO John Chambers discussed the potential misuse of artificial intelligence, noting that like any new technology, it can be misused. Chambers also commented on the recent Indian elections, highlighting that they demonstrate the effectiveness of democracy. He expressed optimism about India’s future, stating that it will be … Read more
The RansomHub ransomware operation, launched in February 2024, targets VMware ESXi environments in enterprise attacks. It is a ransomware-as-a-service (RaaS) operation linked to other ransomware groups and has affected over 45 victims in 18 countries. A specialized ESXi variant of RansomHub was discovered by Recorded Future in April 2024, showing overlaps with the now-defunct Knight … Read more