Democrats plan crackdown on booming stock buybacks [CNN]
Cisco Systems, Inc. (CSCO)
Last cisco systems, inc. earnings: 2/12 04:05 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investor.cisco.com/investor-relations/overview/default.aspx
Company Research
Source: CNN
Exclusive: Democrats plan crackdown on booming stock buybacks Democrats in Congress want to rain on Wall Street's buyback parade. Senator Tammy Baldwin plans to introduce a bill on Thursday that would prohibit companies from repurchasing their shares on the open market, Baldwin told CNNMoney. While the legislation faces an uphill battle getting through Republican-controlled Congress, it demonstrates a growing backlash against companies using extra cash to reward shareholders instead of sharing it with workers. Buybacks, which boost stock prices by making shares scarcer, have exploded in 2018 thanks to the huge windfall created by President Trump's new tax law. American companies like Pepsi ( PEP ) and Cisco ( CSCO ) have announced a total of $229 billion of buybacks so far this year, according to research firm TrimTabs. Companies are on track to buy back the largest number of shares in at least a decade. Critics say this trend is deepening the chasm between America's rich and p
Show less
Read more
Impact Snapshot
Event Time:
CSCO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CSCO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CSCO alerts
High impacting Cisco Systems, Inc. news events
Weekly update
A roundup of the hottest topics
CSCO
News
- Cisco Systems CEO says his company is ready to leverage artificial intelligence [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Cisco Schedules Conference Call for Q3 Fiscal Year 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Cisco Schedules Conference Call for Q3 Fiscal Year 2024 Financial ResultsPR Newswire
- SSL VPN Market To Reach USD 12.7 Billion By 2032, Says DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- 20 Countries with the Longest Working Hours in the World [Yahoo! Finance]Yahoo! Finance
CSCO
Earnings
- 2/14/24 - Beat
CSCO
Sec Filings
- 4/5/24 - Form 13F-HR
- 3/19/24 - Form 4
- 3/19/24 - Form 4
- CSCO's page on the SEC website