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Cisco

Cisco Systems headquarters in San Jose. (AP)

Cisco Earnings Down 18 Percent In 3Q

Cisco Systems Inc., the world’s largest maker of computer networking gear, said Wednesday that it’s set to eliminate thousands of jobs as part of cost-cutting moves to get profits growing again.

CBS San Francisco–05/11/2011

Cisco Systems logo on display during a press event at the 2010 International Consumer Electronics Show at the Venetian January 6, 2010 in Las Vegas, Nevada. (Ethan Miller/Getty Images)

Cisco To Streamline Its Business Structure

Cisco is planning more changes as it continues to focus on streamlining operations following several challenging quarters.

CBS San Francisco–05/05/2011

Cisco Flip Video camera

Cisco Drops Flip Cam, Cuts 550 Jobs

Cisco Systems Inc. announced Tuesday that it was exiting several consumer businesses, including most notably its Flip Video camera business, and laying off 550 employees.

CBS San Francisco–04/12/2011

Cisco Systems logo on display during a press event at the 2010 International Consumer Electronics Show at the Venetian January 6, 2010 in Las Vegas, Nevada. (Ethan Miller/Getty Images)

Cisco’s CEO Vows ‘Bold Changes’ As Investors Worry

Cisco Systems Inc. CEO John Chambers is calling his company’s recent missteps “unacceptable” and is vowing to take “bold steps” to narrow Cisco’s focus.

CBS San Francisco–04/06/2011

Cisco Systems headquarters in San Jose. (AP)

Cisco Announces First-Ever Cash Dividend

Cisco reported its first-ever cash dividend will amount to 6 cents per share and will be paid on April 20.

CBS San Francisco–03/18/2011

Cisco Systems Inc. headquarters in San Jose. (AP Photo)

Cisco Pulls Technology Stocks Lower

Stocks finished Thursday flat, dragged down by Cisco Systems Inc. The San Jose-based company issued a weak earnings forecast.

CBS San Francisco–02/10/2011

Cisco Systems logo on display during a press event at the 2010 International Consumer Electronics Show at the Venetian January 6, 2010 in Las Vegas, Nevada. (Ethan Miller/Getty Images)

Cisco Earnings Fall 18 Percent In Second Quarter

Cisco said Wednesday that its net income fell 18 percent in the latest quarter, as sales growth slowed.

CBS San Francisco–02/09/2011

People demonstrate in support of the Egyptian people's protests against the regime of President Hosni Mubarak in front of the Egyptian embassy in Washington on January 29, 2011 (photo: NICHOLAS KAMM/AFP/Getty Images)

Bay Area Tech Firms Reevaluate Outsourcing Amid Egypt Crisis

Several Bay Area tech companies have had to shut down operations in Egypt because of that country’s massive political uprising.

CONNECT WITH KCBS–02/01/2011

Cisco Systems headquarters in San Jose. (AP)

Cisco Shortfall An Omen For Rest Of Tech Industry

A gloomy outlook from Cisco Systems Inc. is shaking some investors’ faith in the strength of the technology industry’s recovery.

CBS San Francisco–11/11/2010

Cisco Systems logo on display during a press event at the 2010 International Consumer Electronics Show at the Venetian January 6, 2010 in Las Vegas, Nevada. (Ethan Miller/Getty Images)

Cisco Earnings Climb; CEO Remarks Push Shares Lower

Cisco Systems Inc. said Wednesday that its earnings for the latest quarter climbed 8 percent from last year. But new downbeat comments from the company’s CEO on the pace of its customers’ spending helped push shares lower in extended trading.

CBS San Francisco–11/10/2010

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