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Software John Chambers


  • Sept 22- Chinese President Xi Jinping will meet industry captains this week as he kicks off a U.S. visit that also includes a black-tie state dinner at the White House hosted by President Barack Obama. Apple Inc CEO Tim Cook Amazon.com Inc CEO Jeff Bezos Berkshire Hathaway Inc CEO Warren. General Motors Co CEO Mary Barra Honeywell International Inc CEO David Cote...

  • UPDATE 2-Strong U.S. sales help Cisco beat estimates Wednesday, 12 Aug 2015 | 6:39 PM ET

    Aug 12- Network equipment maker Cisco Systems Inc reported higher-than-expected quarterly revenue and profit as strong demand for its products in the United States more than offset weakness elsewhere. Shares of Cisco, considered a bellwether for the performance of the broader network gear industry, rose nearly 4 percent in extended trading on Wednesday.

  • BEIJING, June 17- Cisco plans to invest more than $10 billion in China along with local business partners over the next several years, the U.S. network equipment maker said on Wednesday, as it seeks to shore up its position against strong domestic rivals. Cisco, the world's biggest maker of switching equipment and routers that run the Internet, announced the...

  • *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...

  • 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 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, Calif.

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

  • 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.

  • John Chambers: Beating white box competition Tuesday, 5 May 2015 | 9:44 AM ET
    John Chambers: Beating white box competition

    Cisco CEO John Chambers, discusses the company's turnaround plan, and weighs in on how America can stay competitive in a global community.

  • Cisco will 'go faster' under Chuck Robbins: CEO Tuesday, 5 May 2015 | 9:41 AM ET
    Cisco CEO John Chambers.

    Cisco Systems on Monday announced John Chambers would step down as CEO effective July 26. Succeeding him will be Cisco Chuck Robbins.

  • Cisco's Chambers: We changed the world in many ways Tuesday, 5 May 2015 | 9:36 AM ET
    Cisco's Chambers: We changed the world in many ways

    Our future is the brightest it's ever been, says outgoing Cisco CEO, John Chambers, sharing memories of his tenure at Cisco, and weighing in on the appointment of Chuck Robbins as the new CEO.

  • What Cisco's life after Chambers will look like Tuesday, 5 May 2015 | 9:18 AM ET
    Chuck Robbins

    John Chambers is retiring, but don't expect much change at Cisco. Chuck Robbins, head of the company's 20,000 sales team, is cut from a similar cloth.

  • 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...

  • Cisco shakeup: Chambers steps down Monday, 4 May 2015 | 4:33 PM ET
    Cisco shakeup: Chambers steps down

    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.

  • 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.

  • Cisco names Chuck Robbins as next CEO Monday, 4 May 2015 | 11:23 AM ET
    Cisco's Chuck Robbins speaks at the Global Sales Experience in Las Vegas, Aug. 25, 2014.

    What’s on the agenda for Cisco? Chuck Robbins will succeed John Chambers as the next chief executive of the company.

  • 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.

  • *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...