CISCO SYSTEMS

U.S. stocks rose on Monday as expectations of solid first-quarter earnings spurred buying in financial, energy and industrial sectors, while news of an aid plan for Greece calmed worries about sovereign risk.

Network equipment maker Cisco Systems Inc said on Tuesday it was upgrading its servers, stepping up competition against more established players in the market like HP and IBM.

Bank and technology shares lifted Wall Street on Wednesday on hopes the sectors may be poised for a recovery as the U.S. economy improves.

Cisco Systems Inc, introduced a new router that it says will handle Internet traffic 12 times faster than rival products, as it looks to compete with rivals such as Juniper Networks Inc.

U.S. stocks rose on Tuesday, the anniversary of the market lows reached in the recession, as gains in transportation and telecommunications shares signaled the recovery remained intact.

Amid growing demand for video and mobile applications for the largest network carriers, hardware maker Cisco on Tuesday unveiled its latest router, which the company says will give carriers 12 times the traffic capacity of currently available devices.

Cisco Systems Inc, the world's top maker of network equipment, introduced a router that it says can handle 12 times the Internet traffic of the nearest competing product.

Major U.S. stock indices ended mixed even though American International Group continued raise cash by selling its units and France reiterated its support for Greece and the euro.

Technology shares pushed the Nasdaq higher on Monday on an otherwise flat day for stocks, led by BlackBerry maker Research in Motion and Cisco Systems.

Technology bolstered Wall Street slightly on Monday, as investors bought shares after analysts' comments on BlackBerry maker Research in Motion and Cisco Systems.

In a quiet day for U.S. earnings and economic releases, major U.S. indices are mixed after some positive developments from Europe and Dubai on debt issues. The tech sector leads on Cisco and upgrades.

Cisco said on Tuesday that it is trying to create a network environment that enables users to securely log in using any device, from anywhere, using a simple, common, nearly-transparent access method.

Micron Technology Inc said it is acquiring privately held Numonyx Holdings B.V. on Tuesday in an all-stock deal valued at about $1.27 billion.

IBM is beginning a long-awaited upgrade to a range of servers and other hardware to make them more energy-efficient and competitive than rival products by Hewlett-Packard and Sun Microsystems Inc.

The Nasdaq turned positive late in the session on Friday, while the Dow and the S&P pared losses to nearly flat as investors snapped up technology and materials stocks.

Cisco Systems Inc's quarterly results and outlook exceeded Wall Street expectations as more customers upgraded their networks to handle growing Internet traffic, leading CEO John Chambers to declare a very strong recovery.

Microsoft (NASDAQ:MSFT), Google (NASDAQ:GOOG), Apple (NASDAQ:AAPL), IBM (NYSE:IBM), and Hewlett-Packard (NYSE:HPQ) all rallied during the regular session; in after-hours, these stocks continued to add to their gains.

Cisco Systems, the worlds largest maker of networking equipment, reported on Wednesday a profit that surpassed Wall Street's expectations during the company's second quarter.

Cisco Systems Inc's results and outlook soared past expectations and Chief Executive John Chambers said business has improved dramatically in nearly all areas.

Cisco Systems Inc's quarterly results beat expectations on what CEO John Chambers called a dramatic business acceleration as customers resumed upgrading networks to handle growing Internet traffic.

Cisco Systems Inc reported higher-than-expected revenue growth as more customers resumed upgrading their networks to handle increasing wireless and Internet traffic.