U.S. technology companies may face new challenges selling their goods and services in China as fallout from the U.S. spying scandal takes a toll.» Read More
Nov 22- Cisco Systems Inc and Huawei Technologies Co, two of the world's largest communications equipment makers, have been slugging it out for a decade now- in court, in emerging markets, in the lobbies of government and even on blogs.
SINGAPORE, Nov 14- U.S. technology companies including Cisco Systems Inc, International Business Machines Corp and Microsoft Corp may face new challenges selling their goods and services in China as fallout from the U.S. spying scandal starts to take a toll.
SINGAPORE, Nov 14- U.S. technology companies including Cisco Systems Inc and IBM Corp are facing unprecedented difficulties selling their goods and services in China, as fallout from the U.S. spying scandal starts to take a toll.
NEW YORK, Nov 13- Cisco Systems Inc warned its revenue would dive as much as 10 percent this quarter, and keep contracting until after the middle of 2014, as a backlash against U.S. government spying contributed to plummeting demand in emerging markets like China.
NEW YORK, Nov 13- Network equipment maker Cisco Systems Inc warned that its revenue would decline between 8 percent and 10 percent in its second fiscal quarter, sending its shares down almost 10 percent in late trade.
NEW YORK, Nov 13- Network equipment maker Cisco Systems Inc said on its quarterly revenue rose less than expected due to weak demand in emerging markets, the United States and areas such as Southern Europe.
NEW YORK, Nov 6- Network equipment maker Cisco Systems Inc, looking to protect its core business from new competition, has bought out the remainder of its majority-owned data center technology start-up, Insieme, in a deal that could cost up to $863 million.
*Senate leaders said to be close to a deal. The top Democrat and Republican in the Senate were close to finishing a plan to raise the debt limit- and reopen the partially shuttered government- that could be considered by the full Senate later on Wednesday.
NEW YORK, Oct 2- Cisco Systems Inc said on Wednesday it was working with Facebook Inc to offer free Wi-Fi Internet access to consumers at public places such as hotels or retail stores using their Facebook log-in. A visitor could check in at a hotel without having to line-up at a front desk by simply signing in via the Facebook application on a smartphone, Cisco said.
Sept 30- Cisco Systems Inc Chief Executive John Chambers' total annual compensation almost doubled, the world's biggest network equipment maker said in a regulatory filing. Sixty-four-year old Chambers has been Cisco's CEO from 1995. During this time the company's stock has risen about six times.
*Macy's shares fall after sales, earnings disappoint. *J.C. Penney shares spike on report sales improving in Aug. *Cisco's comment on growth outlook after close hurts tech shares.
Aug 14- Network equipment maker Cisco Systems Inc said on Wednesday it would cut 4,000 jobs, or 5 percent of its workforce, as it looks to reduce costs and refocus on growth areas as it faces uncertain demand for its networking equipment.
SEATTLE, Aug 14- Cisco Systems Inc said on Wednesday it expected revenue to grow by 3 percent to 5 percent in the current quarter, and forecast profit in line with Wall Street. The world's largest network equipment maker said it expected earnings per share, excluding some exceptional items, of 50 cents to 51 cents per share for the first quarter of fiscal 2014..
Aug 14- Network equipment maker Cisco Systems Inc on Wednesday reported fiscal fourth-quarter revenue in line with Wall Street expectations, helped by continued strength in its enterprise business.
July 23- Cisco Systems Inc said on Tuesday it plans to purchase cybersecurity company Sourcefire Inc for $2.7 billion, a deal that analysts say should spark more acquisitions in the industry as large vendors seek to profit from growing demand for IT security.
July 23- Cisco Systems Inc said on Tuesday it plans to purchase cybersecurity company Sourcefire Inc for $2.7 billion, a deal that should spark more acquisitions in the industry as large vendors seek to profit from growing demand for IT security.
Cisco holds nearly $50 billion in profits offshore, but CEO John Chambers said the company is unlikely to repatriate the money to the U.S.
John Chambers, Cisco Systems chairman & CEO, discusses his company's strategy to deliver better-than-expected third quarter results.
CNBC's Jon Fortt has details on Cisco earnings. Mark Sue, RBC Capital Markets, and Erik Suppiger, JMP Securities, discuss.
Brian White, Topeka Capital Management, offers his view on Cisco earnings.