Thomas Properties Group, Inc. (NASDAQ: TPGI) catches bullish trend as Cisco Systems, Inc. (NASDAQ: CSCO) falls off

Cisco Systems catches a bearish trend

In brief: Cisco Systems, Inc. (NASDAQ: CSCO) has started to lose unexpectedly. Thomas Properties Group, Inc. (NASDAQ: TPGI) shares climb higher, owing to Chinese projects.

Cisco Systems, Inc. (NASDAQ: CSCO) continues to decline towards 21.99 points, losing -1.10%. At the same time, Thomas Properties Group, Inc. shares rise to 3.20 points, gaining +0.04 (1.27%) in early trading.

Thomas Properties Group, Inc. (NASDAQ: TPGI) along with the District of Shanghai government intends to raise $ 740 million for a new fund. The U.S. investment firm and the district are to allocate 5 billion yuan ($ 740 million) for its first Renminbi denominated investment fund.

Anrey Torbinski
2010-08-23 15:10, Economics.

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