VANCOUVER, British Columbia, Dec. 4, 2012 /PRNewswire/ -- EarningForecast.com has issued consensus earnings forecast reports and equity research for the following companies: Citigroup (NYSE:C), Yahoo! (NASDAQ:YHOO), Cisco (NASDAQ:CSCO), Oracle (NASDAQ:ORCL), Qihoo 360 Technology (NYSE:QIHU), and Freeport-McMoRan (NYSE:FCX).
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Citigroup Inc. (NYSE:C): Daniel Bailey, the Head of Citigroup Inc.'s (NYSE:C) technology, media and telecoms in Europe, will depart the company with immediate effect. Citigroup's European head of M&A Wilhelm Schulz will succeed Bailey's position. This is part of the company's plan to cut costs in response to lower business volumes and reduced returns in the financial sector since the financial crisis. Investors may want to find out where C will go from here. Observe comprehensive Citigroup earnings forecast report here.
Yahoo! Inc. (NASDAQ:YHOO): On December 1, Yahoo! Inc. (NASDAQ:YHOO) announced it has been ordered to pay US$2.7 billion as part of a lawsuit filed in Mexico by Worldwide Directories S.A. de C.V. and Ideas Interactivas, S.A. de C.V, who claimed that Yahoo! breached contract. By market close, shares of Yahoo! plunged 1.17% to US$18.55. The stock has a 52-week low of US$14.35 and a 52-week high of US$19.16. Do you think YHOO will continue to plunge or rebound soon? Do you think now is a good time to sell the stock? Investors could check YHOO earnings forecast report here.
Cisco Systems, Inc. (NASDAQ:CSCO): By the end of November, Cisco Systems, Inc. (NASDAQ:CSCO) announced the company plans to acquire privately held Cariden Technologies, Inc., a network planning, design and traffic management software company in exchange of US$141 million in cash. Cisco shares closed higher by 0.64% to US$19.03 with more than 32.38 million shares traded compared to its average volume of 42.56 million shares. Observing comprehensive analysis of Cisco could help investors avoid big lost in investment. Add Cisco earnings forecast report into your watch list now.
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