CISCO SYSTEMS

Cisco Systems Inc is expected to cut thousands of jobs in possibly its worst-ever round of layoffs to meet Chief Executive John Chambers' goal of slashing costs by $1 billion.

Microsoft's $8.5 billion acquisition of Skype is likely to boost videoconferencing from workers' desktops, posing further risks to video technology providers like Polycom and Logitech.

Cisco Systems Inc warned that it will fare worse this quarter than Wall Street had feared, and laid out plans for global job cuts as it struggles to revive growth.

U.S. stocks declined in early trade on Thursday as disappointing outlook from Cisco Systems and lower commodity prices weighed.

The companies whose shares are moving in pre-market trade on Thursday are: Flotek Industries, Symantec Corp, CVS Caremark, TJX Companies, Northstar Realty Finance, Silvercorp Metals, Cisco Systems, Nvidia, Emerson Electric, AU Optronics and Iamgold Corp.

The top pre-market NASDAQ Stock Market gainers are: IncrediMail, VeriSign, Quantum Fuel Systems Technologies Worldwide, Symantec, and JetBlue Airways. The top pre-market NASDAQ Stock Market losers are: Wilshire Bancorp, Cisco Systems, Shire, ARM Holdings, and Sohu.com.

The top after-market NASDAQ Stock Market gainers are: Dynavox, Sino Clean Energy, Quantum Fuel Systems Technologies Worldwide, Pacific Mercantile Bancorp, Toreador Resources, and VeriSign. The top after-market NASDAQ Stock Market losers are: Clearwire, Cisco Systems, Jazz Pharmaceuticals, Gulfport Energy, and Aeterna Zentaris.

Cisco Systems Inc warned that this quarter will be even worse than Wall Street's already low expectations and it laid out plans for global job cuts as it struggles to revive growth.

Cisco Systems Inc warned of another weak quarter as it struggles to revive growth, reversing a brief share rally after quarterly earnings beat Wall Street expectations.

Cisco Systems Inc, the world's biggest networking equipment maker, reported quarterly earnings above Wall Street projections as profit margins beat its own expectations.

The boss of Cisco Systems (Nasdaq: CSCO) said the company is planning some workforce reductions.

Wall Street extended its rally for a third day on Tuesday as investors turned more conservative after last week's decline and embraced defensive shares.

Cisco Systems Inc CEO John Chambers, cutting back a bloated management bureaucracy he helped build, has kicked off a sweeping overhaul to revive the networking equipment maker's flagging fortunes.

Cisco Systems Inc CEO John Chambers, cutting back a bloated management bureaucracy he helped build, has kicked off a sweeping overhaul to revive the networking equipment maker's flagging fortunes.

Cisco announced changes to its management structure.

Cisco Systems Inc will streamline its sales, services, and engineering organizations and refocus around five growth markets, in a significant restructuring at a company which had admitted it lost its way.

U.S. videoconferencing company Polycom Inc forecast strong second-quarter sales as it continued to benefit from its partnerships with companies like Microsoft and from business disruptions at bigger rival Cisco.

The Flip Video's transition from the best-selling consumer-grade camcorder to obsolete technology corresponds with the rise of another massively popular consumer device – the smartphone.

Flip Video, which Cisco purchased in 2009, is getting the axe as the company announces it is shifting focus back to its home networking business.

Cisco Inc Chief Executive John Chambers, days after admitting that the company he has led for 16 years had lost its way, warned of competitive pressures, depressed public sector spending and tough decisions that lay ahead.

Cisco Inc CEO John Chambers, days after admitting the company he has led for 16 years had lost its way, acknowledged challenges remain in its core business of networking while vowing to double down on video.