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Joe Foresi of Cantor Fitzgerald asks about the current environment for $FDS products and areas of softness. $FDS CEO Phil Snow said the company saw continued uncertainty in the market related to economic and political reasons. The company believes in this environment $FDS is well suited to partner with its clients and help them through these times.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.