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.
U.S. stocks rallied on Thursday as business productivity grew at the fastest pace in six years and applications for jobless insurance fell to a 10-month low, and Cisco Systems Inc gave an extra boost to the market after posting upbeat results.
NEW YORK | A drop in unemployment claims and an upbeat forecast from Cisco Systems Inc. gave investors a jolt of confidence a day before a key government report on jobs. The Dow Jones Industrial Average jumped more than 200 points Thursday to its first close above 10,000 in two weeks, while the Nasdaq composite index led major indexes with a gain of 2.4 percent after Cisco, the maker of computer ...
A bright forecast from Cisco Systems and other upbeat Wall Street news sent stocks soaring above the 10,000 mark on Thursday, but CVS Caremark, the health benefits management firm with Nashville ties, didn't participate in the rally.
RESEARCH TRIANGLE PARK, N.C. — Network equipment-maker Cisco Systems Inc. (NASDAQ: CSCO ) Wednesday reported first-quarter earnings of 36 cents per share, down from the year before but a nickel ahead of analysts' estimates.
Stock index futures rose on Thursday on upbeat results from Cisco Systems and ahead of an expected pickup in October same-store sales as well as jobless claims data.
A bright forecast from Cisco Systems and upbeat economic news sent stocks soaring Thursday, propelling 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.
Cisco Systems Inc. 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.
Nov. 5 (Bloomberg) -- U.S. stocks surged, sending the Dow Jones Industrial Average to its biggest gain since July, as jobless claims and worker productivity beat estimates and Cisco Systems Inc. said an improving economy spurred a rebound in sales.
Nov. 5 (Bloomberg) -- U.S. stocks surged, sending the Dow Jones Industrial Average to its biggest gain since July, as jobless claims and worker productivity beat estimates and Cisco Systems Inc. said an improving economic spurred a rebound in sales.
Nov. 5 (Bloomberg) -- Cisco Systems Inc. ’s John Chambers , one of the first technology leaders to herald the recession two years ago, said he now sees a global economic recovery, fueling a rebound in his company’s sales this quarter.