On Thursday, Cisco Systems, Inc. (NASDAQ:CSCO) stock opened its trade at $31.35 and after floating in a range of $31.30 to $31.69, settled at $31.50. The stock gained 0.74% in total of its share price. The stock’s 52-week range is $22.46 – $31.95.
Cisco ( NASDAQ : CSCO ) launched the industry’s first secure internet gateway (SIG) in the cloud, Cisco®Umbrella, to address the new enterprise security challenges of recently’s mobile, cloud-era.
The way people work is changing. An increasingly mobile workforce conducts business via Software-as-a-Service (SaaS) applications. The unprecedented growth of SaaS apps looks set to continue with Gartner predicting that SaaS usage will increase 70 percent by 2018. Because of this, more branch offices are connecting directly to the internet, bypassing protections offered by the corporate network. This new way of working, while great for productivity and flexibility, means that a large population of users aren’t protected by traditional network and web security controls offered on the corporate network. It also leaves organizations without visibility into threats targeting a noteworthyportion of their enterprise.
Organizations are struggling to protect themselves in this new working paradigm. Most rely heavily on virtual private network (VPN) usage. But according to IDG, 82 percent of mobile workers admit that they don’t always use the VPN. Others depend on on-premise secure web gateway solutions and an array of associated agents, creating complexity and latency. Recently’s challenges call for a new approach to security. Cisco believes that cloud protection is the new first line of defense for organizations, providing visibility and control right at the edge of the internet.
Cisco is driving this shift to cloud protection by pioneering a new product category, secure internet gateway (SIG), a new technology to secure this new working paradigm. A secure internet gateway (SIG) provides safe access to the internet anywhere users go, even when they are off the VPN. A SIG acts as a secure onramp to the internet and provides the first line of visibility and defense regardless of where users are located or to what they’re trying to connect.
Cisco Umbrella, a secure internet gateway, is a cloud-delivered security platform that provides this first line of defense to protect employees both on and off the corporate network. Umbrella stops current and emergent threats over all ports and protocols for the most comprehensive coverage. It blocks access to malicious domains, URLs, IPs, and files before a connection is ever established or a file downloaded. With most threats targeting the endpoint, it’s critical to cover all ports and protocols to provide a safety net that covers 100 percent of traffic. Umbrella’s powerful, effective security does not require the typical operational complexity. By performing everything in the cloud, there is no hardware to install, and no software to manually update. Organizations can provide protection for all devices in minutes and leverage their existing Cisco investments — counting AnyConnect® client, Integrated Services Router 4K Series, and wireless LAN controllers — to easily point Internet traffic to Umbrella whether on or off the corporate network.
CSCO stock’s price is now -0.44% down from its 52-week high and +45.24% up from its 52-week low. Taking a look into the performance of CSCO stock, investor will come to know that the weekly performance for this stock is valued at 1.03%, resulting in a performance for the month at 3.69%. Therefore, the stated figure displays a quarterly performance of 2.49% and year to date performance of 5.13%.
Shares of Teradata Corporation (NYSE:TDC) inclined 8.52% to $32.74. Stock exchanged hands with the total volume of 5.32 Million shares, as contrast to its average volume of 1.21 Million shares. The 52-week range of the share price is from $22.10 – $33.32. For trailing twelve months, EPS value for the stock is $0.13.
Beta factor of the stock stands at 1.33. Beta factor is used to measure the volatility of the stock. The stock remained 3.34% volatile for the week and 2.17% for the month. Looking into the profitability ratios of TDC stock, investor will find its ROE, ROA, ROI standing at 2.10%, 0.70% and -16.30%, respectively. Teradata Corp. (NYSE: TDC) stated revenue of $626 million for the quarter ended December 31, 2016, as compared to $719 million in the fourth quarter of 2015. However, revenue in the fourth quarter of 2015 included $39 million of revenue from the Marketing Applications business that Teradata sold on July 1, 2016. Since the time Teradata offered its guidance for the fourth quarter, there was about $7 million of negative impact from currency movement on the stated 2016 fourth quarter revenue.
Net Income as stated under U.S. Generally Accepted Accounting Principles (GAAP) was $58 million in the fourth quarter, or $0.44 per diluted share, which contrast to a net loss of $49 million, or $(0.37) per share, in the fourth quarter of 2015. Apart From stock-based compensation expense, and the special items described in footnote #3, non-GAAP net income in the fourth quarter of 2016 was $89 million, or $0.67 per diluted share. 2015 fourth quarter non-GAAP net income was $101 million, or $0.75 per diluted share, which excluded stock-based compensation expense, special items and the Marketing Applications business.
For the full-year, net income stated under GAAP was $125 million, or $0.95 per diluted share, which contrast to a net loss of $214 million, or $(1.53) per share in 2015. Apart From stock-based compensation expense, special items and the Marketing Applications business, 2016 full-year non-GAAP net income was $336 million, or $2.56 per diluted share, contrast to $324 million, or $2.28 per diluted share in 2015.