Cisco to buy Starent Networks for $2.9B, betting on mobile Internet demandOctober 13th, 2009 Cisco to buy Starent Networks for $2.9BSAN JOSE, Calif. — Cisco Systems Inc.
Cisco upgraded to 'Outperform' at William Blair; analyst sees pent-up demand, new dealsOctober 7th, 2009 Ahead of the Bell: Cisco upgraded at William BlairNEW YORK — Cisco Systems Inc. is winning new deals and benefiting from a broad economic recovery, a William Blair analyst said Wednesday as he upgraded the company's stock.
Cisco Systems CEO John Chambers received $14.2M in 2009 compensation, up 16 pct from year agoSeptember 24th, 2009 Cisco CEO Chambers got $14.2M 2009 pay packageNEW YORK — The chief executive of Cisco Systems Inc., John Chambers, received $14.2 million in compensation for the latest fiscal year, up 16 percent from a year earlier due to more generous allotments of stocks and options, according to an Associated Press calculation of figures disclosed in a regulatory filing. As Cisco's sales and revenue shrank during the year that ended July 25, Chambers and other executives got no payments from the company's cash incentive plan, which yielded Chambers $3 million in the previous year.
Compensation for Cardinal Health CEO Clark grew 2 percent due to greater stock/options awardSeptember 24th, 2009 Cardinal CEO got $10M in compensation in 2009NEW YORK — The CEO of Cardinal Health Inc. received compensation worth $10 million in fiscal 2009, an increase of 2 percent from the previous year due to a bigger stock and options award, according to an Associated Press calculation of figures filed with regulators.
Cisco, Pelco to develop high-definition Internet protocol video security camerasSeptember 21st, 2009 Cisco, Pelco to develop HD video security camerasCLOVIS, Calif. — Pelco Inc., a video and security systems company, said Monday that Cisco Systems Inc.
Cisco reappoints former Vodafone CEO Sarin to board of directorsSeptember 9th, 2009 Cisco reappoints former Vodafone CEO to boardSAN JOSE, Calif. — Networking equipment maker Cisco Systems Inc.
Armstrong World Industries to record $31 million charge on change-in-control agreementsSeptember 9th, 2009 Armstrong World Industries to take $31M chargeLANCASTER, Pa. — Armstrong World Industries Inc.
Federal judge OKs another settlement resolving a lawsuit over UnitedHealth options backdatingAugust 21st, 2009 Judge OKs another UnitedHealth options settlementINDIANAPOLIS — A federal judge has approved a $17-million settlement resolving the last of the lawsuits against managed care company UnitedHealth Group Inc. over its stock option backdating practices.
HeartWare announces $60M proceeds from stock saleAugust 17th, 2009 HeartWare announces $60M proceeds from stock saleNEW YORK — Heart pump maker HeartWare International Inc. said Monday it grossed $60 million from a sale of 2.7 million shares of common stock.
NYSE Euronext makes loss in second quarter as merger expenses weigh on earningsJuly 30th, 2009 NYSE Euronext makes loss in 2QPARIS — NYSE Euronext, the trans-Atlantic stock exchange operator, said Thursday it made a loss in the second quarter as it took a contract termination charge connected to the launch of its London-based derivatives clearing platform. The company said it made a net loss for the quarter ended June 30 of $182 million, compared to net profit of $195 million a year earlier.
Cisco lays off 600 to 700 workers in San Jose, Calif., part of plan to cut about 2,000 jobsJuly 17th, 2009 Cisco lays off 600 to 700 workers at headquartersSAN JOSE, Calif. — Cisco Systems Inc.
Federal judge approves settlement of lawsuit over UnitedHealth stock optionsJuly 1st, 2009 Federal judge OKs UnitedHealth options settlementINDIANAPOLIS — A federal judge has approved a settlement once valued at about $900 million for a lawsuit pitting UnitedHealth Group shareholders against company executives over a stock options scandal. Shareholders of the Minnetonka, Minn.-based insurer sued former Chief Executive William McGuire and several other executives in 2006 to recover mostly options and cash for the company.
Ford, Deere, Cisco Systems, Las Vegas Sands, Exxon Mobil among big market movers MondayJune 2nd, 2009 Ford, Deere, Cisco Systems are big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Ford Motor Co., up 38 cents at $6.13
Analysts say the automaker stands to benefit from the bankruptcy protection filings of its Detroit rivals, General Motors and Chrysler. Deere & Co., up $3.49 at $46.96
The farm equipment maker named 34-year company veteran Samuel Allen, 55, as its ninth-ever CEO, starting on the job Aug.
Cisco appoints B. Raghavendran to head India Channel Operations and Commercial StrategyMay 11th, 2009 MUMBAI - Cisco today announced the appointment of B. Raghavendran as Vice President, Channel Operations and Commercial Strategy, Cisco India and SAARC.
Tata Communications ties up with Cisco, Philippine firmMarch 31st, 2009 NEW DELHI - Tata Communications Tuesday said it has tied up with Cisco and Philippine Long Distance Telecommunications (PLDT) to roll out telepresence services, the next generation video-based communication technology, in the Philippines. As per the agreement, the companies have decided to open a public telepresence studio in the Philippines, which will be operated by PLDT.
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