traffic information | weather | web feeds| mobile
Silicon Valley
Part of the Bay Area News Group
  • Site
  • Web Search by YAHOO!
Home
News
Venture Capital
Personal Tech
The Valley
Hot Topics
Phones/Mobile
Social Networks
Green Energy
Security
Companies
Apple
Google
Facebook
Cisco Systems
Intel
Hewlett-Packard
Oracle
Yahoo
eBay
Gilead Sciences
Adobe Systems
Intuit
Netflix
Electronic Arts
Tesla Motors
Twitter
Zynga
SunPower
Solyndra
Kleiner Perkins
People
Steve Jobs
Larry Ellison
Eric Schmidt
Mark Zuckerberg
Carol Bartz
John Doerr
John Chambers
Paul Otellini
Vinod Khosla
Mark Andreessen
Ron Conway
Biz Stone
Elon Musk
Larry Page
Sergey Brin
Ann Livermore
Marissa Mayer
Sheryl Sandberg
T.J. Rodgers
Mark Hurd
columnists
gmsv
Special Reports
Venture Capital Survey
Salary Survey
Silicon Valley 150
Services
RSS Feeds
Mobile Edition
Widgets
Contact Us
Jobs
Advertising
Archives
Go to MercuryNews.com
Silicon Valley 150
Markets
Stocks
Mutual Funds & ETF's
Sectors
Tools
Overview
Market News
Market Videos
Currencies
International
Treasury & Bonds
Search InvestCenter
Recent Quotes
View Full List
My Watchlist
Create Watchlist
Indicators
Dow Jones Industrial Average
NASDAQ Composite
Standard & Poors 500
NYSE COMPOSITE INDX
Gold
Crude Oil
Mid Day News: Tiffany & Co, 3M Co, Cisco Systems
By: ACCESSWIRE
Posted on November 28, 2012 at 19:00 PM EST

NEW YORK - Csrnewsdaily.com Is announcing Investment Highlights on Tiffany & Co, 3M Co, Cisco Systems.Tiffany & Co.(NYSE:TIF)’s net income fell 30 percent in the third quarter, falling short of Wall Street's expectations. Higher-than-expected tax rate, ongoing economic weakness and a steep rise in precious metal and diamond prices all contributed to the drastic drop. The jewelry company also cut its full-year earnings forecast.Will TIF Rebound After Today’s Slump? Find Out Here http://csrnewsdaily.com/c1/?company=TIFThe company’s quarterly net income was $63.2 million, or 49 cents per share for the period ended Oct. 31, comparable with $89.7 million, or 70 cents per share, a year earlier. Analysts had forecast earnings of 63 cents a share.Chairman and CEO Michael J. Kowalski said that the company is expecting better results in the holiday quarter, the prevalent global economic conditions notwithstanding.Revenue rose 4 percent to $852.7 million against analysts’ expectations of $858.8 million.Sales climbed 6 percent in Europe, 3 percent in the Americas, and 2 percent in the Asia-Pacific region. The company known for its blue boxes has trimmed its outlook for the full year from $3.55 to $3.70 per share to $3.20 to $3.40 per share. Analysts were predicting $3.59 per share.Shares dropped $4.40 or 7 percent, to $59.32.With the acquisition of Ceradyne complete, 3M Co(NYSE:MMM) has strengthened its transportation, energy, and defense divisions.Will MMM Move Back To New Highs> Find Out Here http://csrnewsdaily.com/c1/?company=MMMThe Minnesota based company announced the completion of its tender offer for shares of Ceradyne.On October 1, the conglomerate which manufactures products ranging from office products to roofing shingles, had announced its purchase of Ceradyne Inc. for $847 million.Ceradyne is based in California and has annual revenue of about $500 million. It will now become part of 3M's energy and advanced materials unit in its industrial and transportation business.There is another acquisition on the cards. Cisco Systems, Inc.(NASDAQ:CSCO) is going to buy privately held software company Cariden Technologies Inc for about $141 million. It will be an all-cash deal.Get Free Trend Analysis On CSCO Here http://csrnewsdaily.com/c1/?company=CSCOCalifornia-based Cariden which makes network traffic-management software will be integrated into Cisco's service provider networking group unit.Cariden provides solutions for network planning, design and traffic management for telecommunication service providers.Cisco seems to be on acquisition spree, this being its third in November. It has already said that it will buy privately held cloud networking company Meraki for $1.2 billion in cash, as part of its cloud and networking strategy.Cisco shares were trading marginally higher at $18.91 in Thursday’s premarket trade. On Wednesday, they had closed at $18.83 on the Nasdaq.About Csrnewsdaily.comCsrnewsdaily.com has a finger on the pulse of many sectors including renewable energy, oil, pharma, mining, finance, and healthcare. Our in depth research and analysis of NASDAQ, OTCBB, Pink Sheets, and NYSE has yielded considerable gains for our subscribers.Our to-the-minute reports and alerts coupled with breaking news, analysis, investment strategies, and FREE subscription email services contribute to our role as one of the leading investor relations marketing firms.Disclaimer:The assembled information disseminated by Csrnewsdaily.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Csrnewsdaily.com does expect that investors will buy and sell securities based on information assembled and presented in phd-trading.com. PLEASE always do your own due diligence, and consult your financial advisor.Contact:Pacific Dynasty Consultants Inc. 2637 E Atlantic Blvd #22611 Pompano Beach, FL 33062323-287-5171info@pdcincorp.comwww.csrnewsdaily.com

Related Stocks:
3M Co. Cisco Systems, Inc. Tiffany & Co.
Stock Market XML and JSON Data API provided by FinancialContent Services, Inc.
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here
  • Terms of Use & Privacy Statement
  • Copyright ©
  • About our Ads
  • Find San Jose jobs
  • About MediaNews Group
  • RSS
  • About Bay Area News Group
  • Site Map

Media News Group