CISCO SYSTEMS

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Cisco wary on recovery

Cisco Systems Inc Chief Executive John Chambers said it was too soon to call a recovery and forecast another drop in quarterly revenue, sending its shares 3 percent lower.

Daily wrap up - August 5 - Tech

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Cisco Systems Inc reported an 18 percent fall in quarterly revenue as customers held back spending on network equipment, but the decline was mostly in line with Wall Street forecasts and its profit was better than expected.
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Cisco revenue falls but profit higher than expected

Cisco Systems Inc reported an 18 percent fall in quarterly revenue as customers held back spending on network equipment, but the decline was mostly in line with Wall Street forecasts and its profit was better than expected.
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CIT rescue, upgrades push S&P 500 to 8-month high

U.S. stocks jumped on Monday, driving the S&P 500 to an eight-month closing high, after CIT Group Inc was thrown a lifeline to avoid bankruptcy, and investors bet corporate America would log another strong set of earnings this week.
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S&P 500 hits 8-month high on CIT rescue bid, earnings

U.S. stocks rallied on Monday, pushing the S&P 500 to an eight-month closing high, after CIT Group Inc was thrown a lifeline to avoid bankruptcy, and investors bet corporate America would log another strong set of earnings this week.
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CIT rescue bid, corp earnings lift Wall St

Socks rose on Monday after CIT Group Inc was thrown a financial lifeline to avoid bankruptcy and investors bet this week's corporate earnings will reinforce recovery optimism.
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IT spending forecasts improve, Cisco popular: UBS

U.S. and European IT budgets are expected to fall 2 percent over the next year, less than the 5 percent decline expected three months ago, according to a survey of 100 chief information officers carried out by UBS.
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Cisco, Juniper jump on ratings, upbeat tech results

Shares of network equipment makers Cisco Systems Inc and Juniper Networks Inc jumped on Wednesday, helped by buy ratings by Citigroup as well as solid results from smaller rival Adtran and chipmaker Intel Corp .
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Poor IT job market may fuel online crime: Cisco

The ever-weakening job market could well lead to an increase in online crime as laid-off workers, especially those with computer skills, turn to scams to support themselves, Cisco Systems Inc said in a mid-year security report to be released on Tuesday.
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Cisco denies new job cuts report

Cisco Systems Inc said on Friday it was not in a new round of layoffs in response to an analyst report referring to 2,000 job cuts underway.
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Brave post-Lehman M&A rewarded by market: study

Stock markets rewarded companies such as Johnson & Johnson and Cisco who were brave enough to make acquisitions in the months after Lehman Brothers' collapse, a study released on Monday showed.
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Brave post-Lehman M&A rewarded by market -study

Stock markets rewarded companies such as Johnson & Johnson and Cisco who were brave enough to make acquisitions in the months after Lehman Brothers' collapse, a study released on Monday showed.
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China's Web filtering starts in the West

The Chinese government has backed away from mandating filtering software on all personal computers in China, in a move that averts a dangerous escalation in its censorship powers.
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Cisco may take on Microsoft's Office

Cisco Systems Inc is considering offering Web-based alternatives to Microsoft Corp's popular Office software as the networking giant expands on the Internet.
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Layer Zero Solutions seen at Cisco Live 2009

Ortronics/Legrand Showcases Layer Zero Solutions, an additional layer to the traditional network architecture that adds strength at the ongoing event of Cisco Live 2009 in San Francisco, California.
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Worldwide network switch, routers sales fell 23 percent

Worldwide sales of network switch, routers took a major plunge of 23 percent in the first quarter to 27 percent in a year-over-year of 2009, according to Heavy Reading’s Carrier Ethernet Switch/Router Quarterly Market Tracker on Friday.

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