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Tickers in this Article: CSCO, DIS, GOOG, VLO, COP, HAL, CNQ, PIXR
Big Gainers

Cisco Systems
(CSCO) gained 9.77% this week after the company reported better than expected second quarter earnings. Cisco earned $0.22 per share compared to analyst's estimates of $0.21. Revenue for the quarter was $6.6B compared to $6.06B in the same quarter last year - a 9.4% increase. The news sent the company's shares up 7.2% on Wednesday – the largest single day gain Cisco has experienced in two years. John Chambers, the CEO, reiterated the company's long-term revenue growth rate of 10-15%. If Cisco can execute on these growth expectations it may finally get the stock's price out of flat trading range it has been stuck in since September 2004.

Disney (DIS) shares gained 6.81% this week after posting strong first quarter earnings that topped analyst estimates by $0.05 per share. The company earned $0.35 per share, excluding the gain from the sale of cable and magazine businesses, compared to $0.33 in the same quarter last year. The solid earnings came from stronger than expected theme-park traffic in both Hong Kong and a successful 50th anniversary promotion which bolstered Disneyland traffic. Despite industry softness at the box office Disney's agreement to acquire Pixar (PIXR) (a deal valued at approximately $7.4B) should help the company to gain traction in this area.



Big Losers


Google (GOOG) continued to head lower this week in the wake of their disappointing fourth quarter numbers. Shares fell nearly 5% during the past five trading days and are down 16% since the release of its fourth quarter numbers (End Of The Road For Google?). This will be a major test for Google stock as it appears that many investor's interest is starting to cool on one of the hottest stories in the last few years.

Shares in numerous oil companies were battered this week as the price of a barrel of crude fell to $61 after beginning the week at $66.72. Some of the biggest losers this week included Valero Energy (VLO) which fell 14%, ConocoPhillips (COP) which lost 5%, Halliburton Co. (HAL) which dropped 5.3%, and Canadian Natural Resources (CNQ) ending the week 12% lower.

I'll look at some of the biggest winners and losers at the end of the week next week. For now have a great weekend from all of us at the Investopedia Advisor.

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