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.
Clearwire names Alvarion, ZTE as network infrastructure suppliers in launch of 4G WiMAXOctober 6th, 2009 Clearwire says Alvarion, ZTE to aid Spanish launchKIRKLAND, Wash. — Clearwire Corp.
Cisco uses immense cash hoard to buy Norwegian video-conferencing firm Tandberg for $3 billionOctober 1st, 2009 Cisco uses cash hoard to buy Norwegian co. for $3BNEW YORK — Cisco Systems Inc.
Cisco agrees to buy Norwegian video-conferencing firm Tandberg for $3 billionOctober 1st, 2009 Cisco agrees to buy Norway's Tandberg for $3 blnNEW YORK — Cisco Systems Inc. tapped its immense cash hoard and announced a deal Thursday to buy Norway's Tandberg ASA for $3 billion in a bid to dominate the global market for videoconferencing equipment.
Johnson & Johnson, Xerox, Abbott Labs, Applied Materials are among big market movers MondaySeptember 30th, 2009 Johnson & Johnson, Xerox, Abbott Labs big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange:
NYSE:
Johnson & Johnson, up 65 cents at $61.27
The health care giant is jumping into the vaccine business by taking an 18 percent stake in Dutch biotechnology company Crucell NV. Accenture Ltd., up $1.77 at $37.89
A Wall Street analyst upgraded the consulting and outsourcing company to "Buy" and predicted improvement in its margins.
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.
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.
Clearwire CFO David Sach leaves; Chief Strategy Officer Scott Richardson to resignSeptember 3rd, 2009 Clearwire CFO leaves; strategy chief to resignNEW YORK — Clearwire Corp. Chief Financial Officer David Sach has left the company to pursue other opportunities, the company said in a regulatory filing Thursday.
Sprint expanding wireless broadband services to 17 citiesAugust 11th, 2009 Sprint Nextel announces 17 new WiMax marketsOVERLAND PARK, Kan. — Sprint Nextel Corp.
Sprint Nextel signs $5 billion networking deal with Ericsson, transfers 6,000 employeesJuly 9th, 2009 Sprint Nextel signs networking deal with EricssonKANSAS CITY, Mo. — Sprint Nextel Corp.
Comcast to offer wireless Internet service through Clearwire and SprintJune 29th, 2009 Comcast to offer wireless Internet servicePHILADELPHIA — Comcast is rolling out wireless Internet service Tuesday in Portland, Ore., with plans to add three other cities by the end of the year. Comcast is the first major cable operator to roll out wireless broadband.
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.
Torture devices dating from 16th century to be auctioned in NY to benefit anti-torture groupsMay 6th, 2009 Centuries-old torture devices to be auctioned offNEW YORK — A large variety of torture devices dating from the 16th century are being auctioned off to benefit anti-torture groups, including Amnesty International. The gruesome collection includes so-called shame masks to enforce silence, a 14-foot rack to stretch a victim's body, a tongue tearer to punish blasphemers and heretics, and an executioner's ax.
Illinois court allows iPCS' challenge of Sprint-Clearwire WiMax deal to go forwardMay 1st, 2009 Court rules for iPCS in Sprint WiMax fightKANSAS CITY, Mo. — An Illinois court is allowing a lawsuit to move forward that challenges Sprint Nextel's deal with Clearwire Corp.
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