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Cisco Systems Inc

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  • US STOCKS-Futures higher ahead of weekly jobless data Thursday, 14 May 2015 | 7:36 AM ET

    May 14- U.S. stock index futures were higher on Thursday ahead of weekly jobless numbers, after the market closed little changed on Wednesday on weak April retail sales data. *Dow component Cisco fell 1.2 percent to $29 after the company beat estimates but said spending by telecom customers was not going to improve in the near future. *Puma Biotechnology shares...

  • Cisco beats Street, cites revenue growth Thursday, 14 May 2015 | 6:07 AM ET
    Cisco beats Street, cites revenue growth

    Brian White, Cantor Fitzgerald, discusses Cisco's software outlook, earnings results, and incoming CEO Chuck Robbins.

  • Cramer Remix: All CEOs should know this Wednesday, 13 May 2015 | 7:19 PM ET
    Jim Cramer on Mad Money.

    “Mad Money” host Jim Cramer is sending one message to all the top dogs in the market. Listen up.

  • *3rd- qtr rev $12.1 bln vs est $12.07 bln. May 13- Cisco Systems Inc's quarterly profit edged past market estimates as demand for new switches, routers, wireless gear and servers made up for sluggish spending by telecom customers and weak sales in emerging markets. He also shot down rumors that Cisco bid $9 billion for FireEye Inc, sending the cybersecurity...

  • Cisco CEO: 'Change & disrupt, or get left behind' Wednesday, 13 May 2015 | 6:33 PM ET
    Cisco chairman and CEO John Chambers.

    Jim Cramer spoke with Cisco's CEO John Chambers, who is leaving after running the company for 20 years. Could this be the end of a technology era?

  • After-hours buzz: Cisco, Shake Shack & more Wednesday, 13 May 2015 | 5:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Take a look at some of Wednesday's after-hours buzz: Cisco, Shake Shack & more

  • May 13- Network equipment maker Cisco Systems Inc's quarterly profit was a cent ahead of market estimates as new switches, routers, wireless gear and servers drove demand. Cisco is transitioning towards a cycle of high-end switches and routers. Switching business accounted for more than a third of Cisco's revenue while the routing business brought in nearly a...

  • Cisco revenue rises 5 pct Wednesday, 13 May 2015 | 4:12 PM ET

    May 13- Network equipment maker Cisco Systems Inc reported a 5.1 percent rise in quarterly revenue, helped by demand for its switching equipment and routers. The company's net profit rose to $2.44 billion, or 47 cents per share, in the third quarter ended April 25, from $2.18 billion, or 42 cents per share, a year earlier. Revenue increased to $12.14 billion from...

  • Cisco shares slip despite earnings beat Wednesday, 13 May 2015 | 4:05 PM ET
    A pedestrian walks past Cisco Systems signage at the company's headquarters in San Jose, California.

    Analysts expected Cisco Systems to post earnings of 53 cents per share on $12.07 billion in revenue.

  • Stocks close mixed as rising yields, soft data weigh Wednesday, 13 May 2015 | 4:00 PM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stocks closed narrowly mixed as investors remained wary of climbing bond yields and the lack of a strong second-quarter rebound in the economy.

  • *Tech stocks rise, with Microsoft leading gains. May 13- Wall Street was little changed in afternoon trading on Wednesday, paring early gains, as a flurry of deals failed to make up for tepid economic data. "We are seeing some evidence that the weakness in the first-quarter has spilled over to this quarter, but I'm not concerned that U.S. consumer spending for the year...

  • NEW YORK, May 13- Limelight Networks Inc did not directly infringe a patent on managing Web images and video held by rival Akamai Technologies Inc because it did not carry out all the steps, a U.S. appeals court ruled on Wednesday. The case dates to 2006, when Akamai accused Limelight of infringing on its patented technology for efficiently handling website...

  • *Macy's, Ralph Lauren down after results. *Tech stocks rise, with Microsoft leading gains. May 13- Wall Street pared early gains in choppy trading as tepid economic data and a renewed selloff in the bond market more than offset a flurry of corporate deals on Wednesday.

  • Why Cisco looks like a 'value play': Expert Wednesday, 13 May 2015 | 11:25 AM ET
    A pedestrian walks past Cisco Systems signage at the company's headquarters in San Jose, California.

    As outgoing Cisco CEO John Chambers prepares for his last earnings call, here's what investors should look for.

  • US STOCKS-Wall St opens higher after two days of losses Wednesday, 13 May 2015 | 10:23 AM ET

    *Macy's, Ralph Lauren down after results. May 13- U.S. stocks opened higher on Wednesday as data suggested that the economy was not rebounding strongly enough for the Federal Reserve to raise interest rates before September. "The data puts into question the Fed's notion that the weak first-quarter data was transitory," said Adam Sarhan, chief executive of Sarhan...

  • US STOCKS-Wall St set to open mixed on tepid data Wednesday, 13 May 2015 | 9:14 AM ET

    *Macy's, Ralph Lauren down after results. May 13- U.S. stock index futures pointed to a mixed open on Wednesday after data showed that the U.S. economy was struggling to make a strong rebound after meager first-quarter growth. "The data puts into question the Fed's notion that the weak first-quarter data was transitory," said Adam Sarhan, chief executive of Sarhan...

  • Futures pare gains on retail sales; earnings eyed Wednesday, 13 May 2015 | 8:48 AM ET
    Pedestrians carry Bloomingdale's shopping bags while walking in New York.

    U.S. stock index futures pared gains as data showed consumer spending remained muted despite warmer weather and lower gas prices.

  • YOUR MONEY-Do-gooders do better with matching gifts Wednesday, 13 May 2015 | 8:00 AM ET

    NEW YORK, May 13- When Nigel Glennie saw the images coming out of Nepal after the earthquake in late April, he just had to do something. When he heard that his company, Cisco Systems Inc, was offering a dollar-for-dollar match on donations, he figured his money could do twice as much. A number of major companies like Cisco announced lavish matches: Facebook Inc matched...

  • Retail sales will decide whether bears come back Wednesday, 13 May 2015 | 5:58 AM ET
    A customer leaves a Tory Burch store on Madison Avenue in New York, Sept. 3, 2014.

    April's retail sales report Wednesday could bring back the bond bears if it shows a nice rebound in the economy.

  • Traders flee bullish bet ahead of Cisco's earnings Tuesday, 12 May 2015 | 6:10 PM ET
    Cisco CEO John Chambers.

    Some sophisticated traders are betting Cisco's rally will be short-lived.