ARRIS Group Inc
Mario Gabelli: What To Do if Market Declines
On August 24, in an interview with CNBC, Mario Gabelli encouraged value investing. He is the CEO, chairman, and founder of GAMCO Investors.
Company & Industry Overviews
Cisco Sold Its Set-Top Box Business to Technicolor
Cisco sold its set-top box business. Cisco sold it to Technicolor for $600 million. It acquired the business from Scientific Atlanta for $6.9 billion about ten years ago.
Cisco’s Service Provider Video Segment Continues to Decline
Although Cisco sells set-top boxes under the SP video segment, the market is moving toward the Converged Cable Access Platform. CCAP offers higher broadband speeds and deliver video programming through a cable network.
Cisco’s Set-Top Box Business Continues to Decline
A set-top box is a device that converts signals transmitted by IP, cable, satellite, and digital terrestrial (DTT) to the output content that we see on TV.
Must-know: Steven A. Cohen ups SAC Capital’s stake in Amazon
SAC Capital Advisors added to its position in online retailer Amazon Inc. (AMZN) from 0.26% to 1.17% last quarter.
Steven A. Cohen increases SAC Capital’s position in Google
SAC Capital built up its stake in Google Inc. (GOOG) last quarter by 97,523 shares, to 193,550 shares. Google accounts for a 1.26% position in SAC’s portfolio.
Cohen’s SAC Capital reveals a new position in Foot Locker
SAC Capital Advisors opened a new 0.29% position in Foot Locker Inc (FL), the New York–based global retailer of athletically inspired shoes and apparel.
Cohen’s SAC Capital opens a new position in ARRIS Group
SAC Capital Advisors opened a new 0.33% position in ARRIS Group, Inc. (ARRS). ARRIS is a global media entertainment and data communications solutions provider
Must-know: SAC Capital’s new positions in 4th quarter 2013
SAC Capital Advisors, LP was founded by Steven A. Cohen in 1992. It has offices in Stamford, Connecticut, and New York City, as well as various international satellite offices.