CISCO SYSTEMS

Stock index futures pointed to a rebound on Wall Street on Thursday, with futures for the S&P 500 up 1.1 percent, Dow Jones futures up 0.9 percent and Nasdaq 100 futures up 1 percent at 4:47 a.m. ET.

The top after-market NASDAQ Stock Market gainers are: ChinaCast Education, PriceSmart, Sanderson Farms, Alaska Communications Systems Group, Crimson Exploration, and Cisco Systems. The top after-market NASDAQ Stock Market losers are: Neurocrine Biosciences, Green Mountain Coffee Roasters, Pegasystems, Rovi, OPNET Technologies, and Oclaro.

Cisco Systems Inc trotted out results that beat Wall Street's expectations, signaling that efforts to revive growth are beginning to pay off.

Cisco Systems Inc forecast revenue and earnings above Wall Street expectations as demand from government and enterprises for its network equipment remained resilient despite global economic troubles.

Cisco Systems, the world’s biggest supplier of Internet equipment, reported first-quarter results that slightly beat expectations because of new sales to telecommunications carriers.

Cisco Systems Inc is normally a turbulent stock after earnings, but the options market is not expecting a wild ride following its results after the close on Wednesday.

Shares of Cisco Systems shares fell 2.6 percent in early Wednesday trading to $17.84 as nervous investors await the first-quarter earnings announcement scheduled after the close.

Stock index futures tumbled on Wednesday as a spike in Italian bond yields sparked fears the country will need a bailout, ratcheting up the region's debt crisis to another level.

Shares of Cisco Systems have jumped 20 percent in the past three months, which could be an indicator the No. 1 vendor of Internet networking products has surmounted a rough patch.

Smaller chipmakers warned of tough times ahead for the sector as macroeconomic uncertainties squeeze customer spending, echoing sentiments expressed by larger rivals such as Texas Instruments last month.

South Africa's Allied Technologies Ltd is in talks to pay up to $60 million for unlisted Kenyan IT firm Symphony, according to a person familiar with the matter, to help revive its struggling business in fast-growing east Africa.

The top pre-market NASDAQ Stock Market gainers are: Logitech International, Akamai Technologies, Citrix Systems, Wilshire Bancorp, and Acme Packet. The top pre-market NASDAQ Stock Market losers are: TriQuint Semiconductor, AXT, Plexus, 21Vianet Group, and FBR.

The top after-market NASDAQ Stock Market gainers are: Akamai Technologies, SonoSite, Green Plains Renewable Energy, Web.com Group, and InterDigital. The top after-market NASDAQ Stock Market losers are: TriQuint Semiconductor, Electro Scientific Industries, AXT, LHC Group, and Ancestry.com.

Communications company Polycom, Inc.'s stock dropped by over a quarter on Thursday, in the wake of the company's third quarter earnings report, which missed analysts' expectations.

Advanced Micro Devices Inc said it hired Mark Papermaster as Chief Technology Officer to oversee the company's product development roadmap and its R&D division.

Dear Tim Cook, Apple CEO: Now that you are essentially betting Apple on iOS 5 and a whole family of iPhones, iPods, iPads and Macs that run it, you've just been handed a great case study by your Canadian rival, Research in Motion. For three days, BlackBerry customers worldwide couldn't access e-mails. This, the company said, was due to a server problem in England.

Congress should not endorse another big tax break for overseas corporate profits because the last one in 2004-2005 was a costly failure, said U.S. congressional investigators in a report released on Monday.

Motorola Solutions, the “old” Motorola sector not being acquired by Google, introduced its ET1 Tablet, an Android-based device intended for retail and factory use.

The week's stock market crash didn’t spare the technology sector, which is often immune from the cycles that beset banking and basic industries. If anything, tech stocks got hammered worse than the market.

Oracle Corp forecast earnings for the current quarter that are higher than expected, as well as robust software sales, offering some reassurance to investors hoping that global technology spending is holding up.

Netflix shares continued on the downward spiral Tuesday, down another 8.7 percent after Monday’s beating following CEO Reed Hastings' admission that the company had done a great job in confusing -- and alienating -- customers.