The Dow Jones Industrial Average (NYSE:DIA) is down today 0.37% and stands at 11,461. The stocks below are among the lagging and declining performers today.
Cisco (NASDAQ:CSCO): Cisco bought BNI Video today for $100 million, as Internet video is one of the five major priorities of the company. Unfortunately, Cisco is down to around the same level as its trough in 2009. Cisco is down 1.11%.
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Hewlett Packard (NYSE:HPQ): The downward slide continues for HPQ. Flooding in Thailand may hinder manufacturing processes going forward. Hewlett Packard is down 2.36%.
Intel (NASDAQ:INTC): Qualcomm (QCOMM) is providing the vast majority of chips for Apple’s IPhone 4S, replacing a company that Intel purchased last year. Intel is down 2.99%.
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