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Market Wrap For December 12: Dow Suffers Second Consecutive Day of Triple Point Loss
Thursday, December 12, 2013 - 5:41pm | 2348Read More...Major indices continued its decline from yesterday as the Dow suffered a triple digit point loss for the second consecutive day. Positive retail sales data added to an otherwise already convincing case that the economy is strong enough for the Federal Reserve to begin tapering. The Fed's policy...
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Analyst Round-up Following Cisco Results
Thursday, November 14, 2013 - 3:31pm | 319Read More...Cisco (NASDAQ: CSCO) released its first quarter 2014 earnings after Wednesday's closing bell. Full details of its earnings can be viewed on the company's investor relations site. Investors were clearly not happy with the dismal results, which casts a shadow over CEO John Chamber's turnaround plan...
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Cisco Shares Fall After Topping Q1 EPS Estimates
Wednesday, November 13, 2013 - 5:56pm | 354Read More...Cisco Systems' (NASDAQ: CSCO) first quarter EPS came in at $0.53 versus the Street estimate of $0.51, beating by $0.02. Earnings per share were up 10 percent from the year-ago period. Revenue arrived at $12.1 billion, a little lower than the $12.36 billion that Wall Street expected. Sales were...
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SLIDESHOW: Who Could Replace Microsoft CEO Steve Ballmer?
Sunday, September 1, 2013 - 11:43am | 135Read More...Last month, Microsoft (NASDAQ: MSFT) CEO Steve Ballmer announced that he planned to retire in 2014. Between now and Ballmer's retirement, Microsoft will embark on a journey to find a suitable replacement. Who will it be? Which execs -- in and outside of Microsoft -- are most likely to get the job...
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Cisco Systems' John Chambers Discusses Adjustments, Beats And Cuts (CSCO)
Thursday, August 15, 2013 - 12:33pm | 484Read More...John Chambers, chairman of the board and CEO of Cisco Systems (NASDAQ: CSCO), discussed the company's Q4 profits beat, along with the change in their revenue guidance for the current quarter, and announced layoffs on CNBC's Squawk Box Thursday morning. "We just announced our tenth quarter in a...
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Cisco Falls After Q4 Report (CSCO)
Wednesday, August 14, 2013 - 6:22pm | 304Read More...Cisco Systems (NASDAQ: CSCO) released its fiscal fourth-quarter earnings results after the closing bell on Wednesday. The company reported both earnings per share and revenue that narrowly exceeded Wall Street estimates. Nevertheless, the stock was last trading down a little more than 4 percent...
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The Sensors In Your Future With John Sculley And Sunny Vu Of Misfits Wearables
Tuesday, August 6, 2013 - 12:57pm | 282Read More...Sunny Vu, Misfit Wearables CEO, and John Sculley, former Apple (NASDAQ: AAPL) CEO and Misfit Wearables co-founder, stopped by CNBC's Squawk Box to talk about their health monitors: a sleek, metal disk -- the Shine -- which can be worn as a lapel, necklace or wristwatch. "I think the most...
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John Sculley Sings Of The Possibilities Presented By Wearable Technology
Monday, June 3, 2013 - 11:02am | 540Read More...John Sculley, former Apple (NASDAQ: AAPL) CEO and current CEO of Misfit Wearables, appeared on CNBC's Squawk Box on Monday morning to talk about the future of technology, and his company's new wearable sensor the Shine. He started by citing one of John Chambers', CEO and Chairman of the Board of...
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Cisco Spikes 6% After Earnings
Wednesday, November 14, 2012 - 11:25am | 551Read More...Cisco Systems (NASDAQ: CSCO) is up more than six percent Wednesday morning after the company reported that its fiscal first-quarter revenue came in at $11.9 billion (an increase of six percent year over year), beating the analyst consensus of $11.78 billion. Net income arrived at $2.6 billion --...
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Cisco Ends Sales Ties to ZTE
Monday, October 8, 2012 - 12:56pm | 617Read More...Cisco Systems, Inc. (Nasdaq: CSCO) has ended its long-standing sales relationship with ZTE Corp (OTC: ZTCOY) after ZTE sold telecommunications and computer equipment from Cisco and other U.S. manufacturers to Iran in violation of U.S. sanctions. John Chambers, Cisco's CEO, told Reuters, “Cisco...
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Goldman Sachs Takeaways from Cisco Systems Management Meeting
Friday, September 28, 2012 - 9:04am | 249Read More...Goldman Sachs has published a research report on Cisco Systems (NASDAQ: CSCO) after meeting with CEO John Chambers. In the report, Goldman Sachs wrote, "We reiterate our Conviction Buy on Cisco, as we believe there are two areas where the market is underestimating the company's long-term earnings...
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Has Cisco Finally Turned the Tables?
Thursday, November 10, 2011 - 11:02am | 828Read More...Cisco Systems, Inc. (NASDAQ: CSCO) shares are soaring this morning, up 6% as of the time of this article, after the company reported better than expected earnings and guided second quarter earnings higher, as the company appears to be turning ship. The San Jose, CA-based company reported first...
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Has John Chambers Turned The Ship Around?
Thursday, August 11, 2011 - 12:44pm | 678Read More...After yesterday's quarter, it looks as if the bottom is in for Cisco Systems, Inc. (NASDAQ: CSCO), at least for now. The tech titan, led by CEO John Chambers, reported earnings yesterday of 40 cents per share on $11.2 billion in revenues. Wall Street had been expecting earnings of 38 cents per...
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Cisco CEO John Chambers Tells Fox Business "I Have To Change Like Anybody Else"
Thursday, May 12, 2011 - 2:40pm | 370Read More...Cisco Chairman and CEO John Chambers spoke with FOX Business Network's (FBN) Dagen McDowell about the company's disappointing earnings released yesterday. Chambers discussed Cisco's upcoming restructuring saying “we have been very candid about our ability to change” and admitted the changes “will...
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Earnings Preview for Cisco Systems (CSCO, HPQ, JNPR, XRX)
Tuesday, May 10, 2011 - 5:30am | 523Read More...Cisco Systems (NASDAQ: CSCO) is expected to announce its Q1 earnings results on Wednesday, May 11, after the markets close. Analysts are expecting earnings per share to be $0.37, which represents a fall of 11.9% on the previous year's value of $0.42. Revenues are projected to stand at $10.86...
