Tech Stock Update: Google Inc. (NASDAQ:GOOG), Dell (NASDAQ:DELL), Cisco Systems Inc. (NASDAQ:CSCO)
Several tech stocks could see some changes on the markets next week. The following companies should see some movement: Google Inc. (NASDAQ:GOOG), Dell (NASDAQ:DELL), Cisco Systems Inc. (NASDAQ:CSCO).
Here is a more detailed look at stories affecting the firms’ stock prices.
Google Inc. (NASDAQ:GOOG)

According to the latest data from comScore, even the combined usage of all Google Inc. (NASDAQ:GOOG) ventures [Search Engine, Gmail etc] excluding YouTube do not come up to the time the US people spend on Facebook.
It is reported that US net users spend about 9.9% of their total time online on Facebook, which would come up to 41.1 million minutes, while they spend 39.8 minutes on Google Inc. (NASDAQ:GOOG) sites.
The newest report has come as a blow to the search engine giant’s future attempts to claim social networking supremacy.
Dell (NASDAQ:DELL)

Putting an end to rumors which had been swirling around, Dell (NASDAQ:DELL) has officially announced that the computer assembly plant in Forsyth County shall be closed in November.
The decision to close the $110 Million plant will let the full time and contract employees, around 575 in numbers, go by the end of October.
The local and state governments had given $280m to the company as relocation incentives to lure the company.
Cisco Systems Inc. (NASDAQ:CSCO)

Cisco Systems (NASDAQ:CSCO) seems to have recovered nicely from the financial crisis, if their boss’s pay packet is anything to go by. The compensation for John Chambers, the Chief Executive, has been increased to $18.9 Million in the fiscal year 2010, from $9.2 Million.
As per the report from the Wall Street Journal, the increased pay is result of the rise in the Chambers’ stock and option awards, and the cash bonus for him. A Cisco Systems (NASDAQ:CSCO) representative said that “The core of Cisco’s executive compensation philosophy continues to be to pay for performance.”
We may see more movement as the exchanges continue for Google Inc. (NASDAQ:GOOG), Dell (NASDAQ:DELL) and Cisco Systems Inc. (NASDAQ:CSCO).



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