Cisco CEO John Chambers, discusses the company's turnaround plan, and weighs in on how America can stay competitive in a global community.» Read More
SAN FRANCISCO— Google, Yahoo and other major technology companies are far more inclined to hire Asians as computer programmers than to promote them to become managers or executives, according to a study released Wednesday. Ascend, a group focused on Asian business issues, based its conclusions on 2013 data filed with U.S. employment regulators by five Silicon...
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Does the timing of John Chambers' departure from the CEO role point to a big earnings number ahead?
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...
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Cisco long-time CEO John Chambers is stepping down in July. Insight on the challenges the incoming CEO will face, with Dan Morgan, Synovus Trust.
U.S. stocks closed higher, following positive momentum from Europe, as investors looked to Fed speeches and data for signals on rate hike timing.
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’s on the agenda for Cisco? Chuck Robbins will succeed John Chambers as the next chief executive of the company.
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 Systems on Monday named Chuck Robbins as its next CEO, effective July 26.
CNBC's Jim Cramer explains why Cisco's transition from its CEO John Chambers to Chuck Robbins will be smooth.
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.
CNBC's Jim Cramer explains why transitioning from one CEO to another will be no problem for Cisco.