Apple continues to be the market darling as investors eagerly anticipate more news about the iPad 3, and perhaps a dividend. The stock is up 24% in 2012.
Cisco Systems is to appeal against the European Union's regulatory clearance of Microsoft's takeover of Skype, it has announced, citing concerns that the new entity will dominate video calling to the detriment of the wider market.
updated: Wed Feb 15 2012 20:03:00
CNN's Richard Quest talks to Cisco CEO John Chambers about their turnaround and net profits rising by 45 percent.
After a year filled with turmoil, Cisco appears to be on its way back.
Is the worst over for Cisco Systems?
For a company that relies so heavily on government spending, Cisco -- surprisingly -- managed to squeeze out some good news for a change.
No doubt about it, the job recovery has all but hit a standstill.
Cisco announced plans on Monday to lay off 9% of its workforce and to transfer another 7% of its staff to another company in a sale of one of its businesses.
Cisco Systems is one of the worst performing stocks in the Dow this year. Shares have plunged more than 20%. Investors are hungry for a big change.
The painful slide in the stock price of Cisco Systems is now big enough news to even rile up consumer advocate and perennial presidential candidate Ralph Nader.
Internet usage is growing so rapidly that just its incremental, one-year growth between 2014 and 2015 will be equal to all the Internet traffic recorded worldwide last year.
Stocks followed commodities, rebounding from their lows to end higher Thursday afternoon.
Despite cautious statements from its CEO last quarter, Cisco Systems posted fiscal third-quarter profit and earnings that beat expectations.
Cisco Systems is the most unloved stock in the Dow Jones industrial average.
Cisco is shutting down a business unit that it bought for over half-a-billion dollars: the Flip camcorder division.
Cisco announced Tuesday that it is exiting several consumer businesses, including Flip, and laying off 550 employees.
U.S. stocks were headed for a weak open Tuesday, after Cisco announced impending job cuts, and Japanese officials raised the threat level at the Fukushima nuclear plant to the same as Chernobyl.
Cisco Systems has become the stock that people love to hate.
There were dozens of Wi-Fi networks at this year's Mobile World Congress in Barcelona. But with more than 60,000 people in attendance, the systems were so overloaded that there may as well have been one landline connection with a 56k modem.
U.S. markets ended Thursday on a mixed note as traders tried to grasp the developments in Egypt.
Cisco Systems Inc. reported a quarterly profit Wednesday that fell from year-ago results but beat Wall Street's forecasts.
U.S. stocks were headed for early losses Thursday, as investors responded to disappointing quarterly reports from Cisco Systems, PepsiCo and Credit Suisse.
According to a new Cisco forecast, in just four years two-thirds of the world's mobile data traffic will be video.
Stocks sold off at the open and never looked back Thursday after a disappointing outlook from Cisco Systems dragged on the technology sector all day.
Cisco Systems Inc. reported a quarterly profit and sales Wednesday that beat Wall Street's forecasts, but a cautious outlook sent shares plummeting.
Cisco Systems on Wednesday unveiled Cisco Umi, its consumer-focused telepresence offering that lets people connect to each other using videoconferencing on their HD television in their living rooms.
High-quality, high-definition videoconferencing is coming to the living room, but consumers should expect to pay top dollar for it.
Internet phone service Skype has tapped Tony Bates as its new chief executive, the company announced Monday.
Cisco Systems Inc. said on Tuesday that it will begin to pay a dividend yielding between 1% and 2% in the current fiscal year, which ends in July 2011.
Cisco's rumored bid for Skype would make a great deal of strategic sense for the networking giant, but the pairing faces one major obstacle that might prevent the deal from getting done.
Stocks closed modestly lower Thursday but recouped earlier losses, as investors digested an unexpected rise in jobless claims and Cisco Systems' cautious outlook.
After missing Wall Street's sales expectations for the past quarter, Cisco saw its stock plunge 10% Thursday, bringing down much of the tech sector with it.
Cisco Systems Inc. posted a 79% jump in quarterly profit Wednesday, but the tech bellwether's revenue missed Wall Street's expectations. The company's sales outlook was also a slight disappointment and the stock plunged on the news.
U.S. stocks were headed for a lower start Thursday, following the previous day's sharp drop on fears of a global economic slowdown. Investors are also having to digest Cisco's cautious earnings outlook and an unexpected rise in jobless claims.
Stocks slid Thursday, although they finished off their session lows, as investors weighed cautious comments from a regional Federal Reserve president about the health of the economy and a mix of quarterly profit reports.
In focus -- Building Bridges Through Business In a number of outsourcing projects, technology company Cisco is providing jobs for both Palestinians and Israelis and encouraging them to work together.
Russian President Dmitri Medvedev launched a technology tour of California Wednesday morning, visiting Cisco Systems for the company's announcement of a $1 billion investment in Russian projects, and sending his first Twitter message.
Cisco Systems Inc. reported quarterly sales and profits Wednesday that beat expectations, and signaled that technology spending will continue to strengthen as economic conditions improve.
Hewlett-Packard is making a bold gamble with its plans to buy struggling smartphone company Palm. But you know what? HP can afford to roll the dice.
Cisco unveiled a new Internet technology Tuesday that it says will provide the ultra-fast data speeds necessary to stay ahead of users' rapidly growing online video demands.
Cisco Systems has nearly $40 billion in cash. Maybe when Cisco gets to $50 billion it will finally feel comfortable using some of that moolah to pay a dividend.
Technology powerhouse Cisco posted quarterly profit and revenue that sailed past Wall Street's most optimistic expectations and rose for the first time in more than a year.
Telecom products maker Cisco Systems has entered a deal to buy wireless Internet infrastructure company Starent Networks for $2.9 billion, Cisco announced Tuesday.
As social media becomes the latest branding strategy, networking technique, job seeking tool and recruitment vehicle, it's also becoming the latest way for people to get job offers rescinded, reprimanded at work and even fired.
There have been a string of tech companies signaling that for their business at least, the worst may be over.
Cisco Systems Inc. on Wednesday reported a drop in quarterly profit and sales from a year ago, but the network equipment maker said parts of its business are beginning to turn around.
It is the buzz of the tech world: Cisco Systems may soon try selling servers, those heavy-duty computers that companies use to run critical back-office applications. The prospect of router giant Cisco's entering the already crowded $55-billion-a-year server market is intriguing (imagine if LeBron James decided to try his hand at football) but also has the potential to disappoint. (Remember Michael Jordan's ill-fated effort to play professional baseball?)
The global economic downturn will continue to hammer computer networking giant Cisco Systems Inc., chief executive John Chambers said Wednesday.
Silicon Valley powerhouse Cisco became the latest tech company to jump on the green bandwagon this week, with the announcement Tuesday of its new EnergyWise technology. Simply put, EnergyWise is a free update to IOS, the operating system for the company's ubiquitous Catalyst switches, that enables customers to monitor and regulate energy consumption of any device connected to the network.
Manny Rivelo, a senior vice president at Cisco Systems, belongs to more internal company teams than he can count on both hands. "I'm on a litany of them - three councils, maybe six boards, and five working groups," he says.
The first time Simon Gongora saw a videoconference over the Internet, he was hooked. He was running a business that hired out medical translators to hospitals so that non-English-speaking patients could converse with doctors. With Internet video, he realized, his translators could work remotely with a far wider range of hospitals - giving him an edge over competitors.
Stocks jumped Wednesday, ending a choppy session in positive territory, as investors welcomed falling oil prices, Cisco Systems' improved earnings and talk of a big share buyback plan at Microsoft.
More and more data go speeding along the information superhighway every day. Only trouble is, the roads in the U.S. are too narrow, and they're getting clogged. Unless carrying capacity increases rapidly, Internet users will experience more and more traffic jams in the form of slower service.
U.S. stocks looked set for a weak open Wednesday after tech bellwether Cisco Systems issued a cautious outlook, although that report was at least partly balanced by good results from Walt Disney.
U.S. stock futures declined early Wednesday after the previous session's rally as investors reacted to a cautious outlook from tech giant Cisco Systems.
Cisco Systems, the largest maker of networking equipment, reported third-quarter sales and profits that edged past Wall Street's targets.
Cisco Systems, one of the country's biggest technology companies, appears to be bracing for a downturn.
Stock futures were little changed early Wednesday, as cautious investors held back ahead of a wave of economic reports.
Techs gave up gains and blue chips turned lower Thursday morning after a weak regional manufacturing report revived worries that the economy is headed for a recession, if not already in one.
Stocks were mixed Thursday morning, recovering from an early selloff, as investors mulled Cisco's weaker sales outlook and a string of weak January sales reports after several down days.
U.S. stocks opened lower Thursday as weak retail sales and a dismal outlook from Cisco Systems weighed on investors.
Cisco Systems posted fiscal second-quarter sales and earnings Wednesday that met Wall Street's estimates. But the leading network equipment maker warned revenue would only grow about 10% in its next quarter, below expectations of 15%.
Cisco Systems' chairman and CEO John Chambers is Alan Greenspan with a sweet, honey-dripped drawl.
Stocks moved cautiously higher Friday as investors weighed news of a Cisco stock buyback and an earnings warning from package delivery firm FedEx.
U.S. stocks got a lift at Friday's open from some developments in the tech sector, particularly an investment in Advanced Micro Devices and a Cisco Systems buyback plan.
updated: Thu Nov 08 2007 11:17:00
Chris Dedicoat of Cisco Systems joins CNN to discuss the technology giant's record profits.
U.S. stocks were mixed at Thursday's open, with blue chips gaining from Ford's better-than-expected results and Nasdaq hurt by Cisco's outlook.
Computer networking company Cisco Systems Inc., citing strong sales of its routers, set-top boxes and other products, reported higher-than-expected earnings on Wednesday.
updated: Fri Nov 02 2007 12:08:00
Tom Stewart of Harvard Business Review gives tips on fueling performance in the workplace.
Sipping Diet Coke in a suite at New York's Mandarin Oriental hotel after a day that began with a joint interview with Microsoft CEO Steve Ballmer conducted by PBS's Charlie Rose, followed by a quick march through a luncheon speech, some one-on-ones with the trade press, and a dozen customer meetings, John Chambers doesn't look or act the way you or I would - exhausted.
Cisco Systems Inc. is still on track to meet its financial targets for the coming years as demand for bandwidth continues to drive network equipment sales, the company's chief financial officer said.
Subsiding credit market concerns and upbeat earnings from tech bellwether Cisco sent stocks higher Wednesday.
Stocks continued to move higher Wednesday helped by stellar Cisco earnings while investors found comfort in yesterday's Federal Reserve statement.
Tech stocks surged at Wednesday's open, leading the overall market higher, after Cisco Systems' earnings topped forecasts.
Computer networking company Cisco Systems reported higher-than-expected earnings on a boost in quarterly sales, the company announced Tuesday.
Stocks rose and bond prices fell Wednesday afternoon after the Federal Reserve held a key short-term interest rate steady, as expected, and again said that inflation was its main worry going forward.
The Dow industrials rose Wednesday afternoon, touching a new intraday high, while the broader market was mixed as investors mulled Cisco's earnings and falling oil prices ahead of the conclusion of the latest Fed policy meeting.
Stocks were mixed early Wednesday afternoon ahead of the conclusion of the latest Fed policy meeting as investors weighed Cisco's earnings and forecast, falling oil prices and the latest merger news.
Stocks were mixed Wednesday morning as investors considered Cisco's in-line forecast and lower oil prices ahead of the conclusion of the Federal Reserve policy meeting.
The Nasdaq slumped and the broader market was mixed Wednesday morning as investors eyed earnings from Cisco and Walt Disney and geared up for the conclusion of the Federal Reserve policy meeting.
The stock rally which has produced a string of Dow records and sent the S&P to six-year highs could run into problems early Tuesday, as futures pointed to a lower open.
Big technology stocks have surged since August, outpacing the S&P 500 by an impressive margin. That may have you wondering whether the sector has gotten way ahead of itself and is due for a pullbac...
The configuration of an office can have a dramatic impact on how employees do their jobs. No secret there.
Cisco's strong earnings gave a boost to the technology sector Wednesday, pushing the Nasdaq composite closer to a six-year high. However, the Dow gave up attempts at another record-breaking close after an early advance petered out.
Cisco's strong earnings gave a boost to the technology sector Wednesday, pushing the Nasdaq composite closer to a six-year high. However, the Dow gave up attempts at another record-breaking close after an early advance petered out.
Cisco's strong earnings gave a boost to the technology sector Wednesday, pushing the Nasdaq composite closer to a 6-year high. However, the Dow gave up attempts at another record breaking close after an early advance petered out.
Cisco's strong earnings gave a lift to the Nasdaq composite Wednesday, but the Dow gave up attempts at another record breaking close after hitting an all-time record earlier in the session.
Stocks rose Wednesday afternoon as Cisco's strong earnings report and falling oil prices boosted the Dow to a fresh all-time trading high and propelled the S&P 500 within reach of a 6-1/2 year peak.
Stocks rose Wednesday on Cisco's strong earnings report, with the Dow Jones industrial average hitting a fresh trading high and the S&P 500 index flirting with 6-1/2 year highs.
Cisco's strong earnings report propelled the Nasdaq composite Wednesday morning and gave a nudge to the otherwise more subdued blue-chip averages.
Cisco Systems' results and forecast sparked a solid tech stock advance at the start of Wednesday's U.S. trading.
Cisco's strong earnings report lifted the tech sector Wednesday morning, but the rest of the market was more subdued as investors eyed oil prices inching closer to $60 a barrel.
Major gauges pointed to a higher open Wednesday, helped by a bigger-than-expected productivity and moderate labor cost readings, and solid results from tech leader Cisco Systems.
Cisco Systems' solid results and guidance could push tech stocks higher at Wednesday's U.S. stock market open.
Stocks ended little changed, after a choppy session in which investors struggled to find a new catalyst after last week's big run up.
Cisco Systems, the leading maker of gear that connects computers to the Internet, reported earnings and sales that beat analysts' estimates and issued bullish guidance for its current quarter, giving hope to investors that corporate tech spending will show strength in 2007.
Cisco Systems (CSCO) ranks no. 11 on FORTUNE's 2007 Best Companies to Work For list this year. The San Jose-based company was ranked 25 on the 2006 list.
Cisco Systems is suing Apple Inc. in federal court for trademark infringement over the naming of Apple's new 'iPhone' iPod-phone, Cisco announced in a press release Wednesday.
All indexes posted gains in November, with energy producers benefiting from a two-month peak in the price of oil. Widely held ExxonMobil led the way with an 8% gain, and the S&P's energy sector soa...
Loading weather data ...
© 2013 Cable News Network. Turner Broadcasting System, Inc. All Rights Reserved.
|