Cisco Systems Inc. (NASDAQ: CSCO) shares dropped from previous close of $20.15
to $20.05, amounting to a decrease of 0.5%. The stock reached today's low of
$20.01 with volume at 47.4 million shares. The stock has a 52-week range of
27.74 $ 19.82. The daily average volume of the stock is 63.5 million shares.
The companys market capitalization stood at $114.50 billion. The 1-year target
estimate is $27.00. The company recently announced a fundamental innovation for
next-generation telecommunications transport networks, the Cisco Carrier Packet
Transport (CPT) System. This solution is ideal for migrating service provider
transport infrastructures to support next-generation Internet Protocol -based
services, such as video, mobility and cloud computing. It combines the
reliability of a transport network with the efficiencies of packet technology to
deliver current and future services. NVIDIA Corporation (NASDAQ: NVDA) shares
are currently trading at $13.175, a drop of 0.64% from previous closing price of
$13.26. The company's shares have 52-week trading range of $18.96 $8.65. The
stock is trading at volume of 7.65 million shares. The daily average volume of
the stock is 20.10 million shares. The market capitalization of the company is
$7.56 billion. The 1-year target estimate is $13.00. Recently, the company
announced its third quarter results 2010, with net revenues at $843.9 million,
up 4.0% from $811.2 in the previous quarter and down 6.6% from $903.2 million
from the previous year. The net income reported was $84.9 million or $0.15 per
diluted share as compared to net loss of $141.0 million, or $0.25 per share in
the previous quarter and $107.6 million, or $0.19 per diluted share in the
previous year. This quarter demonstrated speed of execution and regained share
in desktops. The company has begun production on seven more GPUs, including the
GeForce GTX 580 after shipping its first processor based on the Fermi
architecture. The Fermi architecture is in every segment of its desktop,
notebook and workstation product lines. The Tianhe-1A supercomputer, which
incorporates 7,168 GPUs, was unveiled as the worlds fastest supercomputer. The
company expects revenue for fourth quarter to be up 3 to 5% from the third
quarter. Mediacom Communications Corporation (NASDAQ:MCCC) shares are currently
trading at $ 8.42, a gain of 22.74% from previous closing price of $6.86. The
company's shares have 52-week trading range of $7.65 $3.85. The stock is
trading at volume of 9.69 million shares. The daily average volume of the stock
is 390,019 shares. The market capitalization of the company is $346.48 million.
The 1-year target estimate is $6.75. Today, the company announced that it has
entered into a definitive merger agreement with Rocco B. Commisso, the founder,
Chairman and Chief Executive Officer of Mediacom, and an entity created by Mr.
Commisso. Upon consummation of the merger, all of the outstanding shares of
Mediacom common stock not owned by Mr. Commisso will convert into $8.75 per
share in cash. Disclaimer: The assembled information distributed by
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