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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Acsm Agam SpA | BIT:ACS | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
By Benjamin Pimentel
The tech sector was off to a strong start Monday morning, as Cisco Systems posted strong gains after Barclays Capital upgraded the networking giant to overweight.
Cisco (CSCO) shares jumped more than 4% after analyst Jeff Kvaal raised the company's rating, saying, "We expect improving carrier demand, a better Europe, and continued US momentum to drive revenue upside."
Meanwhile, shares of Affiliated Computer Systems (ACS) also jumped more than 15%, after Xerox Corp. (XRX) announced a plan to buy the information technology services company for $6.4 billion.
Shares of Xerox plunged more than 15%.
Overall, the sector advanced on gains from Cisco and other major networking gear makers, including Juniper Networks (JNPR) and Brocade Communications (BRCD).
The Nasdaq Composite Index (RIXF) added 1.7% at 2,126, while the Morgan Stanley High Tech 35 Index (MSH) and the Philadelphia Semiconductor Index (SOX) each rose about 1.9%.
Other major tech players were in positive territory, including Google Inc. (GOOG), Apple Inc. (AAPL) and Microsoft Corp. (MSFT).
Meanwhile, Research In Motion (RIMM) was down about 2%.
1 Year Acsm Agam Chart |
1 Month Acsm Agam Chart |
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