Cisco
Cisco 3Q Net Income Rises 14 Percent
Cisco says its net income rose 14 percent in the latest quarter, and says it is seeing “some good signs” in the U.S. and other markets.
Cisco Earnings Report Beats Projections
Cisco’s latest quarterly report is providing further evidence that spending on technology gear is picking up despite persisting concerns about a still-shaky economy.
Cisco Sells Linksys Router Brand To Belkin
Belkin, a maker of smartphone cases and computing accessories, said Thursday that it is buying the home networking business unit of Cisco, including the Linksys router brand.
Cisco Engineer Killed In Bicycle Accident Near Fremont
The bicyclist who died Saturday after crashing into a rock near Fremont was an engineer at Cisco Systems, the networking equipment company based in San Jose.
Cisco’s 4Q Earnings Rise 56 Percent, Raises Dividend
Cisco says it earned $1.9 billion, or 36 cents per share, in its fiscal fourth quarter, spanning May to July. That compares with income of $1.2 billion, or 22 cents per share, in the same period a year ago.
Cisco To Lay Off 1,300 Employees In Latest Cutback
Cisco Systems was preparing to lay off about 1,300 workers just a few months after the world’s largest maker of computer networking equipment warned that growing economic uncertainty is making it tougher to close deals.
Cisco Sober Forecast Overshadows Quarterly Profit Surge
Cisco raised the specter of a sharp slowdown in technology spending late Wednesday, rattling investors already fretting about the economy’s fragile condition.
Silicon Valley Janitors March To Demand Better Pay And Benefits
Hundreds of janitors who maintain offices at the largest Silicon Valley technology companies marched through Palo Alto Thursday to demand higher wages and better benefits.
Cisco Beats Estimates With 2Q Earnings, Sales
Cisco, the world’s largest maker of computer networking equipment, says its net income jumped 44 percent in the latest quarter as it continues to put last year’s slump behind it.
Cisco CEO’s Pay Fell By Third, Same As Share Slump
Cisco Systems Inc. CEO John Chambers saw his pay package fall by nearly a third in the company’s fiscal year that ended in July, a period when the company’s shares dropped by about the same amount.
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