By GuruFocus, Contributor We have just updated the portfolio of Ken Fisher. He buys Apple Inc, Basf SE, American Express Co, McDonald’s Corporation, Rio Tinto PLC, BP etc. As of 03/31/2013, Fisher Asset Management, LLC owns 483 stocks with a total value of $37.6 billion. These are the details of the buys and sells that have the impact to portfolio of more than .1%. New Purchases: CSTR, VSH, VALE.P, Added Positions: AAPL, BASFY, AXP, MCD, RIO, BP, CSCO, JPM, MTU, RHHBY, Reduced Positions: AMX, PBR, V, BIDU, EC, VALE, BRGYY, EAT, Sold Out: KMTUY, MW, For the details of Ken Fisher’s stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=Ken+Fisher
Tag Archives: CSCO
Top Three Holdings of Texas Super Investor Arnold Van Den Berg: JEC, CSCO, BRK.B
By GuruFocus, Contributor According to Guru Arnold Van Den Berg‘s value investor wisdom: “The lesson for investors is that even though the economy may not be in great shape, when stocks sell at deeply discounted prices relative to their intrinsic values, thus accounting for all the seemingly insoluble problems of the time, stocks should be bought aggressively.” At a recent public employment retirement systems conference in Texas, Guru Arnold Van Den Berg, CEO and co-chief investment officer of Century Management, summarized the three investment performance drivers as inflation, interest rates and business fundamentals. Business trends in the U.S. look very positive for the long run, according to Van Den Berg, who also warned that the valuations of stocks and bonds warrant caution. He explained that inflation must be monitored, and added that their direction will be determined by what the Federal Reserve does, telling the audience that the most important thing is not to get locked into an opinion until they see what the Federal Reserve is going to do. …read more
Source: FULL ARTICLE at Forbes Latest
Daily Dividends Report: ANH, ATNI, CSCO, CHCO, KED
By MarketNewsVideo Anworth Mortgage Asset Corporation (ANH) maintained its quarterly dividend of 15 cents per share. The dividends is payable on April 29 to shareholders of record as of April 8. …read more
Source: FULL ARTICLE at Forbes Markets
Corporate Cash Piles Up
Filed under: Investing
The debate over how America’s largest companies use cash will pick up again. Moody’s Investor Services released a study that forecasts how big the cash balances will be at some of these public corporations at the end of 2013.
The kind of activism Apple Inc. (NASDAQ: AAPL) has faced about distributing its cash to shareholders through a higher dividend or share buybacks almost certainly will spread to the other companies on the Moody’s list.
The Moody’s report put Apple’s year-end cash balance at $170 billion. Microsoft Corp. (NASDAQ: MSFT), Google Inc. (NASDAQ: GOOG), Pfizer Inc. (NYSE: PFE) and Cisco Systems Inc. (NASDAQ: CSCO) are also on the Moody’s list. Perhaps the most critical difference between these companies and Apple is that they have shown a history of acquisitions. Apple has never used its money that way, at least on any large scale.
According to MarketWatch:
Overall, corporate-cash stockpiles at U.S. non-financial companies rated by Moody’s grew to $1.45 trillion in 2012, up 10% from 2011, according to the report.
Filed under: 24/7 Wall St. Wire, Dividends & Buybacks Tagged: AAPL, CSCO, GOOG, MSFT, PFE
Read | Permalink | Email this | Linking Blogs | Comments
What's Important in the Financial World (3/19/3013)
Filed under: Investing
Corporate Cash Piles Up
The debate over how America’s largest companies use cash will pick up again. Moody’s Investor Services released a study that forecasts how big the cash balances will be at some of these public corporations at the end of 2013. The kind of activism Apple Inc. (NASDAQ: AAPL) has faced about distributing its cash to shareholders through a higher dividend or share buybacks almost certainly will spread to the other companies on the Moody’s list. The Moody’s report put Apple’s year-end cash balance at $170 billion. Microsoft Corp. (NASDAQ: MSFT), Google Inc. (NASDAQ: GOOG), Pfizer Inc. (NYSE: PFE) and Cisco Systems Inc. (NASDAQ: CSCO) are also on the Moody’s list. Perhaps the most critical difference between these companies and Apple is that they have shown a history of acquisitions. Apple has never used its money that way, at least on any large scale. According to MarketWatch:
Overall, corporate-cash stockpiles at U.S. non-financial companies rated by Moody’s grew to $1.45 trillion in 2012, up 10% from 2011, according to the report.
Cypriot Parliament to Weigh In
The parliament in Cyprus may block the government‘s attempt to seize money from the savings accounts of its citizens as a way to raise money to get access to bailout funds. If so, the anxiety about the action, and its possible effects on the plans of other financially weak EU nations, should drop. Some analysts believe there could be a sort of contagion, if countries like Greece run out of options to close budget gaps. Cyprus does not have anywhere else to turn for the money, which is the primary reason it took such measures. According to Reuters:
Cyprus‘s parliament is unlikely to pass legislation taxing deposits which has prompted turmoil in its banking system, falling short on a condition for an international bailout, government spokesman Christos Stylianides said on Tuesday.
Apple and Its Shadow
Wherever Apple Inc. (NASDAQ: AAPL) goes, Samsung is never far behind it. The South Korean company said it will build and market a smartwatch, just as Apple is rumored to be doing. Among a heightened competition, the launches are likely to cause another round of intellectual property and patent challenges in courts around the world. These kinds of fights already are well along as Samsung has challenged both the iPhone and the iPad. According to Bloomberg:
“We’ve been preparing the watch product for so long,” Lee Young Hee, executive vice president of Samsung’s mobile business, said during an interview in Seoul. “We are working very hard to get ready for it. We are preparing products for the future, and the watch is definitely one of them.”
Filed under: 24/7 Wall St. Wire, Market Open Tagged: AAPL, CSCO, GOOG, MSFT, PFE
Read | Permalink | Email this | Linking Blogs | Comments
VirnetX Stock Tumbles on Hung Jury
Filed under: Technology
In a patent infringement case similar to the one it won against Apple Inc. (NASDAQ: AAPL), a jury has been unable to reach a verdict in lawsuit brought by patent licensing firm VirnetX Holding Corp. (NYSEMKT: VHC) against network titan Cisco Systems Inc. (NASDAQ: CSCO). The judge in the case, which is being tried in Tyler, Texas, has instructed the jury to return to its deliberations.
VirnetX won a $368 million judgment against Apple for infringing on patents VirnetX holds related to secure communications technology. Apple appealed and the appellate court upheld the ruling. The two companies were ordered by the judge to work out a licensing agreement for future royalties.
VirnetX’s case against Cisco includes claims of infringement on two of the patents under dispute in the case against Apple. The patent company is seeking $258 million from Cisco fr.om the same judge who ruled in favor of VirnetX’s appeal.
Shares of VirnetX are down 14.7% at $30.42 in a 52-week range of $21.25 to $41.93.
Filed under: 24/7 Wall St. Wire, Internet, Law Tagged: AAPL, CSCO, VHC
Read | Permalink | Email this | Linking Blogs | Comments