Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Cisco Could Lead a Tech Rally [VIDEO]

By

Meanwhile, bowling giant AMF Worldwide files for bankruptcy.

PrintPRINT
Cisco Systems (NASDAQ:CSCO) could lead a rebound in the tech sector. After Tuesday's close, it posted a solid 18% increase in quarterly earnings. The company also affirmed its outlook, which came as a pleasant surprise to investors. As the leading maker of networking gear, Cisco is often seen as a bellwether for the tech industry and the broader economy.

The largest operator of bowling alleys is hoping to get spared. AMF Worldwide (PINK:AMBWQ) filed for bankruptcy protection after failing to find a buyer. Part of the problem is that even though more people go bowling than ever before, not as many join regular leagues. The company says its 262 bowling centers will remain open while it works through bankruptcy.

For more, click on the image below to play the Daily Finance Market Minute video.

No positions in stocks mentioned.
PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE