Cisco Systems sells $5 billion worth of debt
AP - Mon Nov 9, 7:39 pm ETCisco Systems Inc., the world's largest maker of computer networking equipment, said Monday it will sell three series of senior unsecured notes worth a total of $5 billion.
Cisco Systems Inc., the world's largest maker of computer networking equipment, said Monday it will sell three series of senior unsecured notes worth a total of $5 billion.
IDG News Service - Two investment consulting companies laid out objections to Cisco Systems' $3 billion offer for Norwegian videoconferencing vendor Tandberg, saying in an open letter to Cisco and a press interview that the bid undervalues Tandberg.
Cisco Systems Inc.'s (CSCO) fiscal first-quarter profit dropped 19% as lower sales offset improved margins, and the company noted strong sequential trends and that the economic outlook has improved.
A bright forecast from Cisco Systems and upbeat economic news sent stocks soaring Thursday and propelled the Dow Jones industrials back above 10,000. The rally, coming a day before the government's October employment report, showed that investors are regaining their optimism about an economic recovery.
U.S. stocks jumped on Thursday, pushing the S&P 500 up for a fourth day, as economic data boosted confidence in the recovery and strong results from Cisco Systems suggested a rebound in technology spending.
U.S. stocks rose sharply on Thursday, pushing the S&P 500 up for a fourth day, as economic data boosted confidence in the recovery and strong results from Cisco Systems suggested a rebound in technology spending.
Cisco Systems doesn't want Wall Street to interpret its forecast for its first quarterly revenue growth in a year as evidence that the U.S. and other economies are roaring back. A slow improvement in orders is under way, but the pace is still slow and the recovery is fragile, executives told analysts Wednesday.
A drop in unemployment claims and an upbeat forecast from Cisco Systems Inc. gave investors new reason to be optimistic about the economy and sent stocks to big gains.
Software, processors and cloud networking systems in launch Juniper Networks has unveiled its new software, silicon, systems and partnerships, in an effort to take on competitors in the networking industry, such as Cisco Systems.
A bright forecast from Cisco Systems and upbeat economic news sent stocks soaring Thursday and propelled the Dow Jones industrials back above 10,000.
U.S. stocks extended gains on Thursday, with the Nasdaq rising more than 2 percent, after upbeat productivity data and stronger-than-expected quarterly profit from Cisco Systems Inc .