NEW YORK, June 12- Cisco Systems Inc predicts that a new product it unveiled on Wednesday will increase its cumulative revenue from core routers, which direct Internet data traffic, by 25 percent- to $10 billion- within the next two years.
NEW YORK, June 12- Hewlett-Packard Co Chief Executive Officer Meg Whitman said on Wednesday that revenue growth was "still possible" for the computer maker in its next fiscal year but that the performance of the overall PC market was a wild card.
NEW YORK, June 12- Hewlett-Packard Co Chief Executive Meg Whitman said on Wednesday that revenue growth is "still possible" for the computer maker in its fiscal year 2014, but she said the performance of the overall PC market is a wild card.
Home to one of the headquarters of Chinese-owned personal computer maker Lenovo Group Ltd, North Carolina is fighting hard to draw computer component and software companies, machinery makers and pharmaceutical firms from China.
June 5- A Dell Inc special committee said activist investor Carl Icahn's proposal for a $12- per-share special dividend is nearly $4 billion short of the financing necessary to succeed. Dell founder and CEO Michael Dell and private equity firm Silver Lake have proposed a $24.4 billion buyout of the personal computer maker.
CNBC's Phil LeBeau reports from the Paris Air Show and discusses Airbus, which is expected to announce new orders this week, and Boeing's new aircraft.
Monday, 17 Jun 2013 | 6:40 PM ETYou say the name of a stock, and Mad Money's Jim Cramer tells you whether to buy or sell.
Monday, 17 Jun 2013 | 8:20 PM ETHans Timmer, Director of the Development Prospects Group at the World Bank says his main concern with China is the country's vast shadow banking system.