John Chambers, Cisco Systems chairman & CEO, discusses his company's strategy to deliver better-than-expected third quarter results.» Read More
*Cisco shares rise 9 pct in early trading. Aug 16- Shares of Cisco Systems Inc jumped 9 percent on Thursday as a dividend hike and share buyback plan overshadowed comments that business conditions in Europe would not improve anytime soon for the network equipment maker.
John Chambers, Cisco Systems chairman & CEO, discusses his company's strategy to deliver better-than-expected third quarter results.
NEW YORK-- Cisco shares soared before Thursday's opening bell after the networking equipment company posted better-than-expected results for its most recent quarter. In premarket trading, Cisco shares jumped $2.20, or 10.4 percent, to $23.41. Citi analyst Kevin Dennean backed his "Buy" rating for Cisco shares and boosted his price target by $2 to $26.
NEW YORK, May 15- Network equipment maker Cisco Systems Inc posted a higher than expected quarterly profit and said current quarter revenue could increase, giving some relief to investors who had worried it was being hurt by weak technology spending.
NEW YORK, May 15- Cisco Systems Inc posted a higher than expected quarterly profit, suggesting that technology spending could be picking up for the network equipment maker's customers. Cisco shares rose about 5 percent after Chief Executive John Chambers said in a statement that the company was seeing good signs in a "slow, but steady economic environment."
CNBC's Jon Fortt has details on Cisco earnings. Mark Sue, RBC Capital Markets, and Erik Suppiger, JMP Securities, discuss.
SAN FRANCISCO, April 10- As the wrangling over immigration reform intensifies in the U.S. Congress, the tech industry is lobbying hard to raise the limit on H-1B visas, which allow non-U.S. citizens with advanced skills and degrees in "specialty occupations" to work in the country for up to six years.
Brian White, Topeka Capital Management, offers his view on Cisco earnings.
*Cisco results beat street amid signs of improvement. Feb 13- Cisco Systems Inc's quarterly results topped Wall Street views on Wednesday amid early signs tech spending was on the mend, but CEO John Chambers warned the picture was mixed and parts of Europe remained challenging.
Feb 13- Cisco, the network equipment maker, reported quarterly results that topped Wall Street views on Wednesday, and its chief executive said there were signs of improvements in its business in Europe. Cisco's shares lost 2.4 percent in after-hours trading to $20.63.
LAS VEGAS, Jan 7- AT&T Inc plans to kick off its Digital Life home monitoring service in eight U.S. markets in March, part of its efforts to expand wireless services beyond phones.
NEW YORK, Dec 7- Cisco Systems laid out its mid-term growth strategy on Friday, betting on increased demand for software, services and security as it strives to become the world's leading information technology company.