CISCO SYSTEMS

Wall Street sinks on banks, tech

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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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Wall Street stocks sink 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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Cisco buys Flip Video maker

Cisco Systems Inc is buying Flip digital camcorder-maker Pure Digital Technologies as it seeks to expand in the consumer market amid a slowdown in its traditional routers and switches business.
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Cisco flips for 'flip'

Cisco Systems Inc is buying digital camcorder-maker Pure Digital Technologies as it seeks to push further into the consumer market.
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IBM in talks to buy Sun Microsystems: sources

IBM is in talks to buy Sun Microsystems Inc, sources with knowledge of the matter said, a move that could bolster the technology giant against rivals in the high-end computer server and software markets.
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IBM in talks to buy Sun Microsystems

IBM is in talks to buy Sun Microsystems Inc, sources with knowledge of the matter said, a move that could bolster the technology giant against rivals in the high-end computer server market.
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Wall St. soars on housing data, tech boost

Stocks surged on Tuesday as an unexpected leap in housing starts pushed Home Depot and other retailers higher while bullish comments from a broker on Cisco Systems helped technology shares rebound.
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Wall Street rallies on housing data, tech bets

U.S. stocks jumped on Tuesday as an unexpected surge in February housing starts gave investors a rare bit of good economic news, and an upbeat broker comment on bellwether Cisco Systems drove technology shares sharply higher.
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Stocks rise on tech, retailer views

Stocks rose in choppy trade on Tuesday as upbeat broker comments on technology bellwether Cisco Systems and retailers like Home Depot offset news of a dividend cut at Alcoa Inc .
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Cisco to sell servers for data centers

Cisco Systems Inc said on Monday it will sell computer servers targeted at data centers, a move that pits it against partners such as IBM and Hewlett-Packard Co.
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Cisco to sell servers for data centers

Cisco Systems Inc said on Monday it will sell computer servers targeted at data centers, a move that pits it against partners such as IBM and Hewlett-Packard Co.
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Cisco to unveil data center strategy next Monday

Cisco Systems Inc said it will unveil next week a new strategy to help customers build more efficient data centers, amid expectations for the network equipment maker to announce it will start selling servers.
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Cisco executive says clients uncertain

A Cisco Systems Inc executive said on Wednesday that uncertainty still ruled over customers of the network equipment maker, and the outlook for future business conditions was still unclear.
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Cisco Data-Center Chief Resigns

Cisco Systems Inc., the world's biggest maker of networking equipment, said its data-center chief, Jayshree Ullal will leave the company.
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Lenovo to Sell VMware in China

Lenovo confirmed its intentions to distribute sell and support VMware's virtualization platform in server systems sold in China.
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U.S. Stocks Drop as Jobless Claims Rise

U.S. stocks fell on Thursday for a second day after a rise in unemployment claims unexpectedly increased, intensifying concerns about the economy while an industry report said late payments on personal loans rose to a 15-year high.

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