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Tag Archives: Cisco

Cisco Releases Good Results

06-Nov-09

Cisco Systems Inc. helped to boost tech companies in general today, as it released results for its fiscal first quarter ended October 24, 2009. Net income excluding items was US$0.36 a share, beating the US$0.31 analysts had forecast. Cisco’s revenues of US$9.02B also topped the US$8.74B that was expected. Furthermore, Cisco announced that its results [...]

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Cisco Announces Second Acquisition

14-Oct-09

Cisco Systems Inc., the world’s biggest networking equipment manufacturer, has announced its second acquisition in less than two weeks. Cisco said that it agreed to purchase Starent Networks Corp., which makes equipment to give mobile carriers an idea of the kind of traffic that crosses their networks. The US$2.9B acquisition will help Cisco to gain [...]

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Cisco Joins Dow Jones Industrial Average

02-Jun-09

Cisco Systems Inc., the world’s biggest networking equipment maker, will become the latest addition to the Dow Jones Industrial Average, replacing General Motors Corp. With close to 130 firms under its belt, Dow Jones continues to exceed expectations as it expands its technology portfolio and product lines. According to Cisco, its inclusion on the Dow [...]

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