Dow Jones industrial average adds Travelers and Cisco Systems Inc., drops Citigroup and GMJune 1st, 2009 Dow Jones swaps Travelers, Cisco for Citigroup, GMNEW YORK — The Dow Jones industrial average is the latest Wall Street institution to be reshaped by the financial crisis. The stock market's best-known barometer is adding Travelers Cos.
Analysts looking for signs of upturn as Cisco reports 4th quarter resultsAugust 3rd, 2009 Earnings Preview: Cisco to report fiscal 4th qtrNEW YORK — Cisco Systems Inc., the world's largest maker of computer networking gear, reports its fiscal fourth-quarter results on Wednesday. The following is a summary of key developments and analyst opinion related to the period, which ran from April 26 to July 25:
OVERVIEW: When it reported results for the February to April quarter, Cisco said that sales seemed to be bottoming out after falling last year, culminating in big slide in January.
How the Dow Jones industrials and other major stock indexes fared in Wednesday's tradingJune 24th, 2009 How the major stock indexes fared on Wednesday
Stocks ended mixed but mostly higher Wednesday after the Federal Reserve said the economy was on the mend and orders for big-ticket manufactured items posted an unexpected increase. Technology stocks got a boost from better-than-expected earnings from software maker Oracle Corp.The Dow Jones industrial average fell 23.05, or 0.3 percent, to 8,299.86.
How the Dow Jones industrials and other major stock indexes fared in Friday's tradingJuly 25th, 2009 How the major stock indexes fared on FridayInvestors held on to the stock market's rally Friday, extending a two-week jump that has added 11 percent to the stock market's major indicators. Disappointing results from Microsoft Corp.
Cisco earnings fall 46 percent in latest quarter, but company expects upturn in demandAugust 5th, 2009 Cisco earnings fall 46 pct but beat expectationsNEW YORK — Cisco Systems Inc. said earnings fell 46 percent in its latest quarter, but the profit beat Wall Street expectations and the company said the quarter may have been the bottom of the recession-related downturn.
How the Dow Jones industrials and other major stock indexes fared in Thursday's tradingJuly 16th, 2009 How the major stock indexes fared on ThursdayTech shares pulled the market higher again Thursday, a day after stocks surged on a strong forecast from chip maker Intel Corp. The tech-heavy Nasdaq advanced for the seventh straight day and closed at its highest level since October as traders anticipated strong reports after the bell from Internet search company Google Inc.
Stocks mostly higher at opening after Intel increases revenue forecastAugust 28th, 2009 Stocks mostly higher after Intel boosts forecastNEW YORK — The stock market got a small boost Friday from Intel Corp., which raised its third-quarter sales forecast and offered investors fresh hope that businesses are starting to recover from the recession. Stocks were mostly higher in early trading after the world's largest maker of computer chips said it now expects sales of $8.8 billion to $9.2 billion in the current quarter.
Amity Institute of Information Technology (AIIT) to train naval officersSeptember 14th, 2009 NOIDA - The Amity Institute of Information Technology and CISCO Regional Networking Academy kick started CISCO CCNA-Exploration Course for six naval officers at the Amity University Campus on Monday. Professor O P Sharma, Director, Amity Institute of Information Technology, remarked that technology is changing fast with more and more enterprises coming closer and sharing their resources.
Cisco earnings fall 21 percent in latest quarter; still better says AnalystsMay 8th, 2009 Cisco earnings fall 21 pct but beat expectations
NEW YORK — Cisco Systems Inc. said Wednesday that earnings fell 21 percent in its latest quarter, but the profit comfortably beat Wall Street expectations amid signs that the market is stabilizing.
Stocks extends losses after economic forecast falls short of analyst estimatesSeptember 21st, 2009 Stocks lower after economic forecast misses markNEW YORK — A worse-than-expected economic forecast is sending stocks lower in early trading. The Conference Board says its index of leading economic indicators increased 0.6 percent in August, slightly less than the 0.7 percent increase expected by economists.
Stocks rise at opening after Intel increases revenue forecast; Dow up for 9th dayAugust 28th, 2009 Stocks open higher after Intel boosts forecastNEW YORK — Stocks are opening higher after Intel raised its revenue guidance for the third quarter. The world's largest maker of computer chips says it now expects sales of $8.8 billion to $9.2 billion in the current quarter.
Tata Consultancy ties up with Cisco SystemsFebruary 9th, 2009 MUMBAI - IT major Tata Consultancy Services (TCS) has tied up with networking and communications infrastructure provider Cisco Systems Inc. to jointly develop and deliver IT services and solutions.
IT, tourism to be promoted in HimachalJuly 28th, 2009 SHIMLA - Agro-processing, tourism and information technology are three core areas which the central government and the Himachal Pradesh government are working to promote in the hill state, a top official said here Tuesday. "We are exploring possibilities of new industry in the fields of agro-processing, tourism and information technology in the hill state," Secretary (Industrial Policy and Promotion) in the central industry ministry Ajay Shankar told reporters.
Stocks mixed amid better sales forecast from Intel, data on the consumerAugust 28th, 2009 Stocks mixed after Intel boosts forecastNEW YORK — Stocks were mixed in early trading Friday as technology shares got a boost from a rosy sales outlook from Intel Corp. Intel shares rose nearly 5 percent, helping to lift the Nasdaq composite index more than 0.5 percent, after the world's largest maker of computer chips said it now expects sales of up to $9.2 billion in the current quarter, up from its previous forecast of as much as $8.9 billion.
Cisco to supply Clearwire with WiMax devices and networking equipmentMay 13th, 2009 Cisco to supply Clearwire with WiMax devices
NEW YORK — Clearwire Corp., which is building a nearly nationwide wireless data network, said Wednesday that Cisco Systems Inc. has agreed to make devices that can use that network.