CISCO SYSTEMS

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Cisco Surges On Earnings, Outlook for Internet Growth

Shares of Cisco Systems Inc. (Nasdaq: CSCO), the No. 1 provider of Internet gear, soared more than 8 percent Thursday after reporting fourth-quarter net income that beat analyst estimates by a penny and as boosting its dividend 75 percent to 14 cents a share.
John Chambers, CEO of Cisco Systems, speaks during a news conference at at the 2010 International Consumer Electronics Show (CES) in Las Vegas

Cisco’s 4Q Results: Major Tech Bellwether For HP, Oracle

Cisco Systems Inc. (Nasdaq: CSCO), the No. 1 provider of Internet gear, is scheduled to report fourth-quarter results Wednesday that are expected to be much better than last year’s when CEO John Chambers said the company was overmanned and was in the midst of layoffs and retrenchment.

Apple’s $350M AuthenTec Deal Could Trigger Samsung Counteroffer

Nearly two weeks after AuthenTec Inc. (Nasdaq: AUTH) advised the U.S. Securities and Exchange Commission it had agreed to be acquired by Apple (Nasdaq: AAPL), the world's most valuable technology company, for $350 million, Apple still hasn’t made an announcement nor filed its own SEC report.
The Cisco logo is displayed at the technology company's campus in San Jose

Cisco Systems Inc. To Slash 1,300 Jobs

Cisco Systems, Inc. (Nasdaq: CSCO), the biggest maker of computer-networking equipment, plans to cut about 1,300 jobs, or 2 percent of its workforce, as part of its ongoing efforts to restructure the company.

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