DALLAS, Texas - Today’s Trade Alerts include: Cisco Systems Inc. (Nasdaq: CSCO), American International Group Inc. (NYSE: AIG), Sears Holdings Corp. (Nasdaq: SHLD), Tractor Supply Company (Nasdaq: TSCO), Patriot Scientific Corp. (OTCBB: PTSC) and UAL Corp. (Nasdaq: UAUA).
“Cisco Systems Inc. (CSCO) shares climbed nearly 5% to $23.86 at market open Wednesday. Cisco designs, manufactures and sells Internet Protocol-based networking and other products relating to the communications and information technology industry worldwide...
“Cisco recently said orders for networking equipment by big U.S. companies had strengthened in its fourth fiscal quarter, helping the company surpass Wall Street's sales and profit forecasts…
“The company posted a 4.4% increase in profit on sales growth of nearly 10%, lessening worries that the slowing economy would trim down demand for high-tech products. However, it indicated sales growth is likely to slow in the next two quarters...”
“American International Group Inc. (AIG) shares fell nearly 5% to $28.48 Wednesday morning. American International Group, through its subsidiaries, provides insurance and financial services in the United States and internationally…
“The company schedules its release of earnings reports for the second quarter after the market closes Wednesday, August 6, 2008. On average, analysts expect earnings of 63 cents a share, down from earnings of $1.77 a year ago; revenue is expected to reach $31.49 billion…”
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Beacon Equity Research Disclosure
The analysts contributing to this report do not hold any shares of Cisco Systems Inc. (Nasdaq: CSCO). Additionally, the analysts contributing to this report certify that the views expressed herein accurately reflect the analysts' personal views as to the subject securities and issuers. The analyst(s) writing this report recognize and aspire to all of the CFA Institute Guidelines for Independent Research. Beacon Equity Research (“Beacon”) certifies that no part of the analysts' compensation was, is, or will be, directly or indirectly, related to the specific recommendation or views expressed by the analysts in the report. This report is based on data obtained from sources we believe to be reliable, but is not guaranteed as to accuracy and does not purport to be complete. As such, the report should not be construed as advice designed to meet the particular investment needs of any investor. Any opinions expressed herein are subject to change.
Source: BeaconEquity.com
Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com
