CISCO SYSTEMS

Futures point to flat open, more volatility

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U.S. stock index futures pointed to a flat open and another session of volatility on Thursday as renewed concerns about the euro zone banking system pushed down European shares.
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Cisco's Q4 beats Street view, focus on outlook

Cisco Systems Inc's quarterly results edged past Wall Street's scaled-back expectations as IT spending held up despite fears of a severe pullback, buoying its shares in extended trading.
A job seeker walks the floor at a large career fair at Rutgers University in New Brunswick

Services Sector Slows, Lowest Level Since February 2010

The pace of growth in the services sector ticked down unexpectedly in July to the lowest level since February 2010, while the number of jobs created by the private sector also slowed, separate reports showed on Wednesday.
A woman walks past a banner with the logo of Juniper Networks Inc. covering the facade of the New York Stock Exchange 29/10/2009

Juniper tumbles as it catches Cisco "flu"

Investors punished Juniper Networks (JNPR.N) by selling its shares after the networking equipment maker joined Cisco Systems Inc (CSCO.O) in warning that this year's results will miss Wall Street projections.
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Juniper tumbles as it catches Cisco flu

Investors punished Juniper Networks by selling its shares after the networking equipment maker joined Cisco Systems Inc in warning that this year's results will miss Wall Street projections.

Cisco to Slash 6,500 Jobs; Sell Mexican Unit

Troubled networking giant Cisco Systems (Nasdaq: CSCO) said it will slash 6,500 jobs – representing about 9 percent of its workforce, in a bid to save about $1-billion in annual expenses.
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Cisco could eliminate as many as 10,000 jobs: report

Networking equipment company Cisco Systems Inc could eliminate as many as 10,000 jobs, or about 14 percent of its workforce, to revive profit growth, Bloomberg said, citing two people familiar with the matter.

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