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Cisco Systems Inc


  • Cisco looks to salesman Robbins for tech leadership Monday, 4 May 2015 | 10:59 PM ET

    SEATTLE, May 4- Chuck Robbins, the veteran salesman chosen by Cisco Systems Inc to succeed legendary CEO John Chambers, must prove he has the technical knowledge to chart a new course and lead the network equipment maker into the new world of cloud-based computing. Cisco, like tech stalwarts Hewlett-Packard Co and IBM, is trying to branch out from its core business...

  • May 4- During John Chambers' 20- year reign at Cisco Systems Inc, the network equipment maker's shares rose more than 1,470 percent and its annual revenue grew from $1.2 billion to $47 billion. However, Cisco shares have lagged every year for the past six years. In 2011, Cisco became the last of the "horsemen" to begin paying a dividend; Microsoft started regular...

  • May 4- Cisco Systems Inc Chief Executive John Chambers will step down in July after 20 years at the helm of the network equipment maker, a symbol of the dot.com stock boom 15 years ago now struggling to boost its bottom line in the era of cloud computing. Wall Street analysts said a change was expected and could signal a refocusing of Cisco, which acquired dozens of...

  • *McDonald's down after revealing turnaround plan. May 4- Wall Street was up on Monday afternoon, adding to gains from Friday, as investors bought beaten-down healthcare stocks and Berkshire Hathaway led finance stocks higher. Berkshire rose 1.8 percent to $145.98 and gave the biggest boost to the S&P after the insurance and investment conglomerate's results...

  • *McDonald's down after revealing turnaround plan. *AMC, Cognizant hit record high after results. May 4- Wall Street was up on Monday morning as healthcare stocks rose for a second straight session and new orders for U.S. factory goods recorded their biggest increase in eight months in March.

  • What Cisco really needs   Monday, 4 May 2015 | 11:01 AM ET
    What Cisco really needs

    Slava Rubin, Indiegogo co-Founder & CEO, and Jon Steinberg, The Daily Mail North America, discuss what incoming Cisco CEO Chuck Robbins can do for the company.

  • Cisco CEO Chambers to step down, to be exec chair Monday, 4 May 2015 | 10:52 AM ET
    Cisco Systems Inc. Chairman and CEO John Chambers

    Cisco Systems on Monday named Chuck Robbins as its next CEO, effective July 26.

  • Cramer: Cisco transition will be 'seamless' Monday, 4 May 2015 | 10:25 AM ET
    Cisco CEO John Chambers speaks during the 2011 International Consumer Electronics Show (CES) in Las Vegas.

    CNBC's Jim Cramer explains why Cisco's transition from its CEO John Chambers to Chuck Robbins will be smooth.

  • YouNow ahead of competitors: Fred Wilson   Monday, 4 May 2015 | 10:22 AM ET
     YouNow ahead of competitors: Fred Wilson

    Fred Wilson, Union Square Ventures founder, discusses Cisco naming Chuck Robbins the next CEO; the up and coming world of live video; and the Apple Watch.

  • SAN FRANCISCO— Veteran tech executive John Chambers plans to step down after more than 20 years as CEO of Cisco Systems Inc., a major supplier of computer networking gear that makes the Internet work. Cisco said its board has selected longtime company executive Chuck Robbins to succeed Chambers in July, bypassing some of Chambers' better-known lieutenants.

  • Cramer: Cisco transition will be smooth   Monday, 4 May 2015 | 9:01 AM ET
    Cramer: Cisco transition will be smooth

    CNBC's Jim Cramer explains why transitioning from one CEO to another will be no problem for Cisco.

  • *Cisco slips after saying Chambers to step down as CEO. May 4- Wall Street was poised to open higher on Monday ahead of data that is expected to show demand for U.S. factory orders rose in March, signaling that the manufacturing sector is strengthening despite a stronger dollar. Factory activity in China in April recorded its biggest drop in a year, hardening the case...

  • Cisco names Chuck Robbins next CEO   Monday, 4 May 2015 | 8:35 AM ET
    Cisco names Chuck Robbins next CEO

    The "Squawk Box" news team report Cisco CEO John Chambers will step down in July.

  • Dividends to set record—10 ways to play Friday, 1 May 2015 | 8:34 AM ET

    A group of companies in the S&P 500 has boosted dividend payments at an unusual rate.

  • Most active Nasdaq-traded stocks Wednesday, 29 Apr 2015 | 2:53 PM ET

    American Airlines Group Inc. fell 4.5 percent to $48.88 with 17,945,400 shares traded. Apple Inc. fell 1.5 percent to $128.64 with 57,667,800 shares traded. Applied Materials Inc. fell. 1 percent to $20.01 with 30,919,400 shares traded.

  • Snitch! This may be WORSE than prison Wednesday, 29 Apr 2015 | 12:07 PM ET
    People wait in line in the morning at a Dunkin' Donuts chain restaurant in New York City.

    When the FBI is ready to make you a snitch, they pounce quickly. And it just may be worse than prison.

  • Kerik: Prison is like 'dying with your eyes open' Wednesday, 29 Apr 2015 | 10:33 AM ET
    Bernard Kerik

    Former NYPD chief Bernard Kerik says going to prison is like "dying with your eyes open" and the criminal-justice system is in urgent need of reform.

  • Most active Nasdaq-traded stocks Tuesday, 28 Apr 2015 | 1:51 PM ET

    Apple Inc. fell 1.6 percent to $130.56 with 114,121,900 shares traded. Applied Materials Inc. rose. 4 percent to $20.04 with 54,604,900 shares traded. Cisco Systems Inc. rose 1.5 percent to $29.32 with 24,001,000 shares traded.

  • Joe Nacchio: Six myths about prison Tuesday, 28 Apr 2015 | 1:37 PM ET
    Joe Nacchio, former CEO of Qwest Communications International

    The US criminal-justice system is in desperate need of reform, says ex-Qwest CEO Joe Nacchio, who is now out of prison.

  • Think white-collar prison is 'Club Fed?' It's not Monday, 27 Apr 2015 | 4:15 PM ET
    Dennis Kozlowski

    Here's why you should fear going to white-collar prison. Turney Duff finds out it's no "Club Fed."