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TECH STOCKS: Techs Edge Higher, But Zynga, NetApp Fall

By Benjamin Pimentel, MarketWatch SAN FRANCISCO (MarketWatch) -- Technology stocks were modestly higher on Tuesday, but shares of Zynga Inc. and NetApp Inc. gave up early gains to close in the red. The Nasdaq Composite Index (RIXF) edged up 0.6% to close at 2,854. After posting gains early in the session, Zynga (ZNGA) fell 5% to close at $5.76 as the company unveiled new games at a company event in San Francisco. NetApp (NTAP) lost 1.2% to close at $29.66 as the data-storage-systems company held its analyst day. Meanwhile, Microsoft Corp. (MSFT) saw its shares rise 0.5% to close at $30.02, one of the top gainers on the Dow Jones Industrial Average(DJI) . The Dow was up 32 points as Wall Street welcomed news of modest improvement in housing prices. The sector was weighed down by losses in shares of Dell Inc. (DELL), Hewlett-Packard Co. (HPQ) and Cisco Systems Inc. (CSCO) as J.P. Morgan cautioned that the impact of the European financial crisis "will likely persist for years." "We remain cautious on the global economy and its potential impact on overall IT spending and more specifically, the software sector," analyst John DiFucci said in a note on the software industry. "Europe, the financial services vertical, and U.S. government spending remain key areas of concern."

Stock News for Cisco Systems (CSCO)
DateTimeHeadline
02/12/201617:54:07Statement of Changes in Beneficial Ownership (4)
02/12/201617:52:28Statement of Changes in Beneficial Ownership (4)
02/12/201617:50:58Statement of Changes in Beneficial Ownership (4)
02/11/201609:42:00U.S. Hot Stocks: Hot Stocks to Watch
02/11/201609:33:50Amended Statement of Ownership (sc 13g/a)
02/11/201603:03:00Cisco's Dividend, Buyback Increase
02/10/201619:47:00Cisco Results Top Expectations; Raises Dividend, Buyback -- Update
02/10/201617:10:00Cisco Results Top Expectations
02/10/201617:04:00Cisco Results Top Expectations; Raises Dividend, Buyback
02/10/201616:13:44Current Report Filing (8-k)
02/05/201617:19:22Securities Registration: Employee Benefit Plan (s-8)
02/04/201603:03:00Cisco In Deal For Jasper
02/03/201619:26:00Cisco to Buy Jasper in $1.4 Billion 'Things' Push -- 2nd Update
02/03/201619:08:00Cisco to Buy Jasper in $1.4 Billion 'Things' Push -- Update
02/03/201617:50:00Cisco to Buy Jasper in $1.4 Billion 'Things' Push
02/03/201617:31:00Cisco to Buy Jasper in $1.4 Billion 'Things' Push
02/03/201616:34:11Form 13f Holdings Report (13f-hr)
02/02/201618:00:00Cisco Wins Ruling in Patent Case Against Arista -- Update
02/02/201617:56:00Correction to Cisco Wins Ruling in Patent Case Against Rival...
02/02/201617:30:00Cisco Wins Ruling in Patent Case Against Arista

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