CISCO SYSTEMS

Wall Street surges in another volatile session

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Stocks advanced more than 2 percent on Thursday in another volatile session as upbeat results from Cisco and a better-than-expected labor market report offset renewed concerns about the euro zone banking system.

Cisco jumps as revenue outlook calms investors

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Shares of Cisco Systems Inc surged 17 percent on Thursday, a day after it forecast a modest increase in current-quarter revenue, following months of uncertainty surrounding its business.
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Cisco surpasses low expectations, shares pop

Cisco Systems Inc (CSCO.O) forecast slim revenue growth this quarter, a pleasant surprise to investors bracing for a sharp pullback in global technology spending that sent its shares soaring 10 percent.
Traders work on the floor of the New York Stock Exchange

Banks drag Wall Street lower as fear returns

Fear returned to Wall Street on Wednesday, sending the S&P 500 to another 4 percent decline, triggered by worries that Europe's debt crisis could engulf French banks and spill onto the U.S. financial sector.
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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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