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.
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.
Cisco replaces General Motors in Dow Jones Industrial AverageJune 1st, 2009 Cisco addition increases technology clout in Dow
NEW YORK — Miles per hour — out. Bits per second — in.
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.
Analysts expect upbeat news from Texas Instruments as chip industry shows signs of recoverySeptember 8th, 2009 Analysts expect upbeat news from Texas InstrumentsNEW YORK — Analysts expect good news from chip maker Texas Instruments Inc. Wednesday, when the company is scheduled to give a mid-quarter financial update.
Oracle President Safra Catz talks about weakness in EuropeSeptember 16th, 2009 On the Call: Oracle President Safra CatzOracle Corp. managed to meet Wall Street's profit forecasts in the fiscal first quarter despite a drop in sales that was caused in large part by weakness in Europe, the Middle East and Africa, a region where revenue was down about 10 percent from last year to $1.64 billion.
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.
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.
Facing biggest slump since 2002, Silicon Valley firms eye IndiaApril 15th, 2009 WASHINGTON - With major companies in the Silicon Valley suffering the biggest slump since the dot-com bust, some firms are eyeing India and China to recover from the effects of a global economic meltdown. The total market capitalisation of the leading technology hub's 150 biggest public companies plunged 32 percent to about $850 billion for the last 12 months ending March 31, the worst decline since 2002, according to an annual survey by the San Jose Mercury News.
Check Point posts 14 percent increase in 3rd-quarter profit on strong demandOctober 22nd, 2009 Check Point 3Q profit rises 14 percentREDWOOD CITY, Calif. — Check Point Software Technologies Ltd., which makes Internet security products, said Thursday its third-quarter profit rose 14 percent on strong sales across all of its regions, especially Asia Pacific.
CIT Group, Pier 1, Johnson & Johnson, Goldman Sachs are among big market movers TuesdayOctober 13th, 2009 CIT Group, Pier 1, Johnson & Johnson big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Tuesday on the New York Stock Exchange:
NYSE:
CIT Group Inc., down 12 cents at 92 cents
CEO Jeffrey Peek will resign as the troubled commercial lender restructures its debt, seeking to avoid a bankruptcy filing. Pier One Inc., up 44 cents at $4.85
The furniture retailer's key sales figure for September rose 9.9 percent as customer traffic improved and markdowns dropped.
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.
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.
Suzlon reports net loss in third quarterJanuary 29th, 2009 NEW DELHI - India’s first home-grown wind technology company Suzlon Energy Friday reported a net loss of Rs.3.9 billion for the quarter ended Dec 31 as compared to net profit of Rs.3.38 billion in the corresponding period last fiscal. The company's total income, too, decreased to Rs.15.47 billion for the third quarter from Rs.16.83 billion last year, a company statement said.
IBM and Brocade tie up as Cisco Gears up on its own. Battle of the Backends BeginApril 28th, 2009 Brocade deepens IBM ties, steps up attack on Cisco
SAN FRANCISCO — Brocade Communications Systems Inc. is deepening its ties with a powerful ally, IBM Corp., forging a new distribution deal for Internet routers and switches at a time when bigger rival Cisco Systems Inc.
Comment Below | 
Email this Article
Loading ...