CISCO SYSTEMS

Nokia Siemens, Juniper to form carrier ethernet JV

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Nokia Siemens Networks and Juniper Networks Inc said on Thursday they plan to create a joint venture aimed at the carrier Ethernet market, one of the remaining growth pockets in the shrinking telecommunications equipment market.
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Cisco to replace GM in the Dow, stocks rise

Cisco Systems Inc announced on Monday its inclusion in the Dow Jones Industrial Average, replacing General Motor Corp which filed for bankruptcy in the morning, effective on June 8.
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Wall Street jumps as economic data boosts optimism

Stocks rose sharply on Monday as strong economic data bolstered optimism the worst of the global recession was past, even as General Motors filed for bankruptcy and was removed from the Dow industrial index.
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Cisco completes acquisition of Flip Video maker

Cisco Systems Inc has completed purchase of Flip digital camcorder-maker Pure Digital Technologies on Thursday, making a further step to be a major player in the consumer electronics market.
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U.S. manufacturers, retailers see more China risk

U.S. manufacturers and retailers that get products or components from China are increasingly concerned about quality, intellectual property and rising costs in China, and more are looking at alternate sites, according to a study published on Thursday.
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Cisco Acquired Tidal Software

On Wednesday, Cisco Systems Inc., completed its acquisition of Tidal Software, Inc. the creator of intelligent application management and automation solutions based in in Palo Alto, California and Houston
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Cisco, Clearwire in WiMax supply deal

Clearwire Corp said on Wednesday that Cisco Systems Inc would build devices for customers of a high-speed wireless network Clearwire is building based on emerging WiMax technology.
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Wall Street falls as tech outweighs banks

Stocks fell on Thursday as analyst downgrades in the telecom sector and a move out of technology stocks outweighed hopes that bank stress tests results would show most banks are healthier than thought.
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Cisco CEO sees stability after results beat

Cisco Systems Inc posted stronger-than-expected quarterly results and Chief Executive John Chambers said his customers were seeing more stability, adding to hopes that business conditions would soon recover.
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Cisco profit down 24 Pct as sales drop

Cisco Systems Inc., world's largest maker of computer networking gear, says earnings fell 21 percent in its latest quarter, but results managed to surpass analyst' estimates.
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Cisco to set up R&D center, invest in South Korea

Cisco Systems Inc plans to set up a research center in South Korea and invest or lend $500 million in the country's technology and telecom sectors, the Korean presidential office said on Tuesday.
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Cisco to invest, lend $500 million in Skouras

Cisco Systems Inc plans to invest or lend about $500 million in telecom operators and technology infrastructure in South Korea over the next five years, the country's presidential office said on Tuesday.
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Cisco to buy Tidal Software for data center strategy

Network equipment maker Cisco Systems Inc said on Thursday that it planned to buy privately held Tidal Software Inc for about $105 million in cash and incentives, to bolster its range of products and services for corporate data centers.
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Cisco, Dell unlikely to bid says analyst

Cisco System and Dell are unlikely to bid on Sun, nor are other possible suitors, analysts are predicting, following the reported breakdown of talks with Sun and IBM.
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Wall Street sinks on banks, tech

Stocks slid on Monday, as bank shares fell after a widely-followed analyst recommended investors reduce or sell holdings of several large bank stocks, sapping recent optimism on the health of the financial sector.

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