The closely watched Dow Jones industrial average reshuffled the deck on Monday, removing both General Motors Corp and Citigroup Inc in a widely anticipated move.
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.
A Cisco Systems Inc executive said the company's high-end router CRS-1 is gaining market share and demand is likely to be strong through 2010 despite a weak economy.
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.
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.
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
Smart Grid networking would surpassed the internet to up to 100 times according to Marie Hattar, Vice President of Network Systems and Security, Cisco.
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.
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.
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.
Network equipment maker Cisco Systems Inc posted a smaller-than-expected drop in quarterly profit due to cost cuts that helped offset lower revenue as companies reduced technology spending.
Cisco Systems Inc posted stronger-than-expected quarterly results and Chief Executive John Chambers said some customers were seeing stabilization for the first time in many quarters.
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.
Network equipment maker Brocade Communications Systems Inc is bolstering its partnership with IBM, in a sign it may be gaining market share from industry leader Cisco Systems Inc.
Cisco Systems Inc on Tuesday introduced new network security products to help protect companies' Web-based software and services from attacks on their networks.
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.
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.
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.
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.
IBM’s move to buy Sun have broken down, however, IBM is still the best option for the company, according to industry watchers.
Cisco Systems said Monday it will be ‘active’ with acquisitions despite the economic downturn, but its shares were thrashed by downgrades.
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.