{"id":28320,"date":"2012-03-17T14:48:13","date_gmt":"2012-03-17T18:48:13","guid":{"rendered":"http:\/\/countingpips.com\/fx\/?p=28320"},"modified":"2012-03-17T14:48:13","modified_gmt":"2012-03-17T18:48:13","slug":"sterne-agee-gives-ciscos-5-billion-nds-acquisition-its-approval","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2012\/03\/17\/sterne-agee-gives-ciscos-5-billion-nds-acquisition-its-approval\/","title":{"rendered":"Sterne Agee Gives Cisco&#8217;s $5 Billion NDS Acquisition Its Approval"},"content":{"rendered":"<p><div id=\"grabDiv1767162\"><object id=\"GrabPlayer1767162\" width=\"542\" height=\"304\" type=\"application\/x-shockwave-flash\" align=\"middle\" data=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v868032945963e43da224159e8a4c1f9897fada6b&#038;tgt=grabnetworks\"><param name=\"quality\" value=\"high\"\/><param name=\"allowScriptAccess\" value=\"always\"\/><param name=\"allowFullScreen\" value=\"true\"\/><param name=\"menu\" value=\"false\"\/><param name=\"wmode\" value=\"transparent\"\/><param name=\"movie\" value=\"http:\/\/player.grabnetworks.com\/swf\/GrabOSMFPlayer.swf?id=1767162&#038;content=v868032945963e43da224159e8a4c1f9897fada6b&#038;tgt=grabnetworks\"\/><\/object><\/p>\n<div id=\"overlay-adzone\" style=\"overflow:hidden; position:relative\"><\/div>\n<\/div>\n<p>Sterne Agee released a note giving its nod of approval to Cisco&#8217;s (NASDAQ:CSCO) acquisition of NDS.Sterne said that its $5 billion acquisition of the UK-based company allows it to invest part of its huge overseas cash reserve that allows them to overstep repatriation taxes.Cisco is just one of the major US firms that&#8217;s lobbying for a tax break on overseas cash reserves, and has advised that it would boost its US spending if that break was permitted.Cisco Systems (NASDAQ:CSCO) has potential upside of 16.3% based on a current price of $19.91 and an average consensus analyst price target of $23.16.<\/p>\n<p><img src='http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/03\/17\/1_meq9c7l0_thumb.jpg' \/><\/p>\n<p><!--post_img[http:\/\/cache.thenewsroom.com\/financial_news_network\/2012\/03\/17\/1_meq9c7l0_preview.jpg]--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sterne Agee released a note giving its nod of approval to Cisco&#8217;s (NASDAQ:CSCO) acquisition of NDS.Sterne said that its $5 billion acquisition of the UK-based company allows it to invest part of its huge overseas cash reserve that allows them to overstep repatriation taxes.Cisco is just one of the major US firms that&#8217;s lobbying for &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.investmacro.com\/fx\/2012\/03\/17\/sterne-agee-gives-ciscos-5-billion-nds-acquisition-its-approval\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Sterne Agee Gives Cisco&#8217;s $5 Billion NDS Acquisition Its Approval&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-28320","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=28320"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/28320\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=28320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=28320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=28320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}