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SATURDAY, NOVEMBER 21, 2009
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NEWS ABOUT: Cisco

Cisco stories: 30 news summaries

1 - 20 of 30 Stories | 1 2 Next >>

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Kiss Your Wireless Router Goodbye

New WiFi Direct
would eliminate
need for hotspots

Oct 14, 09 3:55 PM CDT
(Newser) - If setting up a wireless router just sounds a little too daunting, new technology looks to make unplugging a lot easier. WiFi Direct, slated to roll out in the middle of next year, will turn every device enabled with it into a miniature access point, able to create connections with... More »

MORE ABOUT:
wireless • Intel • Apple • Cisco • WiFi • wireless technology

 Dow Boots GM, Citi; 
 Travelers, Cisco 
 Take Spots 

Overhauls drive firms
off Industrial Average,
says editor

Jun 1, 09 9:30 AM CDT
(Newser) - General Motors and Citigroup are losing their spots on the Dow Jones Industrial Average after GM filed for bankruptcy, MarketWatch reports. Replacing them are Cisco Systems and The Travelers Companies. “A bankruptcy filing immediately disqualifies a stock regardless of a company's history or its role as a cultural icon,... More »

MORE ABOUT:
stock market • Citigroup • Dow Jones • General Motors • Cisco • financial crisis • The Travelers Companies

MARKETS

 Cisco Disappoints; Dow Off 102 

Investors await stress tests results

May 7, 09 3:27 PM CDT
(Newser) - A poor earnings report and forecast from Cisco led stocks down today, the Wall Street Journal writes. The networking giant, considered an indicator of the tech sector’s general health, noted a 17% drop in revenue, and projected bigger losses for next quarter. The Dow closed down 102.43 at... More »

MORE ABOUT:
Google • Dow Jones • earnings reports • Nasdaq • Cisco • S&P 500 • Amazon

MARKETS

 Industrials Fall; Dow Down 186 

Earnings season has investors worried

Apr 7, 09 3:21 PM CDT
(Newser) - Stocks dropped today as investors grew jittery over earnings season, the Wall Street Journal reports. Major industrial and commodities stocks saw declines ahead of Alcoa’s report, in which analysts expect a loss of 56 cents per share. Tech fell, too, with Research in Motion and Cisco dropping 6% and... More »

MORE ABOUT:
Research In Motion • Dow Jones • Alcoa • Nasdaq • Cisco • S&P 500

MARKETS

 Tech Rallies; Dow Climbs 179 


Mar 17, 09 3:19 PM CDT
(Newser) - Stocks made gains today, with the financial and tech sectors pacing advances, the Wall Street Journal reports. Google and Research in Motion both gained at least 4%, with Citigroup and US Bancorp posting similar rises. The S&P 500’s financial sector gained 6.57%, and the index overall rose... More »

MORE ABOUT:
Google • NASDAQ • Citigroup • Dow Jones • Nasdaq • Cisco • S&P 500

MARKETS

 Tech Stocks Fall; Dow Down 80 

Google remains below $300

Mar 9, 09 3:19 PM CDT
(Newser) - Withering tech stocks tugged the broader market down today, the Wall Street Journal reports. Hewlett-Packard fell 4.6% while IBM closed down 2.9%, Cisco dropped 3.95% and Google 5.9%—after that stock closed below $300 on Friday for the first time since January. The Dow fell 79.... More »

MORE ABOUT:
technology • Google • Dow Jones • IBM • Nasdaq • Cisco • S&P 500 • Hewlett-Packard

 'India's Enron' Imperils
 Booming Industry 

$1B scandal threatens India's role as major outsourcing center for top companies

Jan 8, 09 10:26 AM CST
(Newser) - A $1 billion accounting fraud at Satyam is being described as India's Enron, and it could have a major impact on how Fortune 500 companies use Indian companies for outsourcing critical computer and IT functions, reports the Financial Times. The CEO of Satyam, India’s fourth-largest IT services company, resigned... More »

MORE ABOUT:
India • globalization • outsourcing • Cisco • Unilever • financial crisis • Satyam • Ramalinga Raju

MARKET Open

 Retail Fears Drive Stocks Down 

Same-store sales weak in October

Nov 6, 08 8:51 AM CST
(Newser) - Stocks took a modest slide at the open today, thanks to dismal data from retailers. The Dow fell 57 points, while the Nasdaq and S&P dropped 1.1% and 0.9% respectively, the Wall Street Journal reports. Most retailers, with the notable exception of Wal-Mart, posted bleak same-store... More »

MORE ABOUT:
stock market • Cisco • European Central Bank • retail sales • Bank of England • same-store sales • interest rate cut • retailers

MARKETS

 Rally Goes On, Modestly

Cisco provides some good news, though investors not totally cheered

Aug 6, 08 3:42 PM CDT
(Newser) - Oil prices continued to fall, spurring modest gains for the markets today, but Freddie Mac’s enormous second-quarter loss signified that the housing and credit crises are not over yet, the Wall Street Journal reports. The Dow rose 40.30 to close at 11,656.07. The Nasdaq gained 28.... More »

MORE ABOUT:
Dow Jones • Nasdaq • Freddie Mac • AIG • Cisco • S&P 500 • Societe Generale • oil prices

MARKETS

 Tech Triggers Big Drop 

Trouble at Cisco, Intel spurs sell-off; bumpy ride for financials, too

Jul 9, 08 3:37 PM CDT
(Newser) - Stocks fell today as investors saw weakness across the economy, particularly in tech bellwethers Cisco and Intel, MarketWatch reports. Oil also rebounded from a two-day fall, trading up 65 cents to $136.69 a barrel. The Dow fell 236.77, closing at 11,147.44. The Nasdaq shed 59.55... More »

MORE ABOUT:
Citigroup • Bank of America • Dow Jones • Nasdaq • Cisco • oil price • S&P 500

 Web's Growth Shows 
 No Sign of Pause 

Mobile volume will double every year through 2012, Cisco study says

Jun 16, 08 2:21 PM CDT
(Newser) - Internet traffic continues to grow at an astonishing pace, GigaOm reports. A study by Cisco Systems has found that world network traffic will increase 46% from 2007 to 2012. By 2012, the annual bandwidth demand is estimated to become 522 exabytes—a billion gigabytes. More »

MORE ABOUT:
Internet • growth • Cisco • bandwidth usage • Internet infrastructure • bandwidth

Startup Site Wants to See Your Paycheck

Glassdoor.com gives users dirt on others in exchange for theirs

Jun 11, 08 2:06 PM CDT
(Newser) - Ever wonder how much people at Google or Microsoft really make? Just-launched Glassdoor.com wants to tell you, TechCrunch reports. Essentially, the site collects self-submitted compensation reports and reviews for as many jobs at as many firms as possible. Open to everyone are full details for Googe, Yahoo, Microsoft, and... More »

MORE ABOUT:
Yahoo • Google • Microsoft • Apple • employer • Cisco • compensation • Glassdoor

Cisco Develops a Lighter Touch in Acquisitions

Tech giant develops new strategy for new era in takeovers

Apr 17, 08 1:59 PM CDT
(Newser) - Cisco, once famous for swallowing small companies whole and digesting them without leaving a trace of their former brand names (or management), is forging a new acquisition strategy. As it targets new, Internet-based technologies that it’s less familiar with, the company has developed a lighter touch, as evidenced by... More »

MORE ABOUT:
technology • Silicon Valley • mergers and acquisitions • Cisco • corporate governance

Earnings report

Oracle Stock Dives 8%
on Flagging Q3 Revenue

Despite a 30% jump in profits, investors worry the software maker is vulnerable

Mar 27, 08 7:45 AM CDT
(Newser) - Oracle missed its third-quarter revenue projections yesterday and investor reaction was swift and dramatic: shares of the software maker dropped 8% in after-hours trading, reports the Wall Street Journal. This despite the fact that Oracle’s profits rose 30% to $1.34 billion, 26 cents per share, from $1.03... More »

MORE ABOUT:
Goldman Sachs • IBM • Oracle • corporate earnings • Cisco • BEA Systems

Justices' Stock Portfolios Cripple Cases

Supreme Court left deadlocked by recusals amid calls to divest

Mar 7, 08 7:35 PM CST
(Newser) - The stock portfolios of Supreme Court justices have become a flash point this term, in which six cases could be affected by justices recusing themselves because they own financial stakes in companies involved. Chief Justice John Roberts, Justice Samuel Alito, and Justice Stephen Bryer have bowed out of cases involving... More »

MORE ABOUT:
Samuel Alito • John Roberts • Anthony Kennedy • ExxonMobil • Pfizer • Stephen Breyer • Cisco • conflicts of interest • US Supreme Court

MARKETS

Stocks Rise Despite Bad Vibes

Dow reverses three-day decline

Feb 7, 08 3:30 PM CST
(Newser) - The Dow climbed 46.90 points to 12,247 in the face of bad news, ending a seesaw day up and breaking a three-day slump. Existing homes sales fell 1.5% in December, and tech bellwether Cisco reported weaker third-quarter growth than expected, but prices were low enough to stave... More »

MORE ABOUT:
Federal Reserve • Dow Jones • home sales • Cisco • S&P 500 • Nadsaq

Fortune Names Top Employers

Fortune Lists the top 100

Feb 3, 08 5:32 AM CST
(Newser) - Thinking of a career move? Fortune Magazine has released its 100 best employers for 2008 list—and the top 10 are:
  1. Google (Mountain View, CA)
  2. Quicken Loans (Livonia, MI)
  3. Wegmans Food Markets (Rochester, NY)
  4. Edward Jones (St. Louis, MO)
  5. Genentech (South San Francisco, CA)
More »

MORE ABOUT:
Google • Starbucks • list • Cisco • Genentech • Fortune • best companies • Wegmans • Quicken • Edward Jones

Cisco Unveils A Much Faster Switch

Capable of transferring 90,000 Netflix movies in 38.4 seconds

Jan 28, 08 1:25 PM CST
(Newser) - Cisco is introducing a network switch today that can handle much greater quantities of data traffic than its current products. Aimed at corporations working with large amounts of Internet and remote data, as well as ISPs, the Nexus 7000 switch would be capable of transferring all 90,000 of Netflix’... More »

MORE ABOUT:
data centers • Cisco • computer network • network switches • Nexus

New Cisco Unit First Based Abroad

Will aim to wire entire cities in Middle East, China, India from Bangalore HQ

Dec 26, 07 10:10 PM CST
(Newser) - Dozens of new cities are to be built in China, India, and the Middle East in the coming decade and Cisco Systems wants to network them top-to-bottom, the Financial Times reports. The networking equipment giant is setting up a new business center in Bangalore, India, as part of its push... More »

MORE ABOUT:
China • technology • Internet • Middle East • India • Cisco • computer network • telecommunications • Bangalore

Cisco Goes Green with Energy Gauging

Networking company to measure power use from data centers

Dec 26, 07 10:42 AM CST
(Newser) - Green-minded Cisco Systems is looking to improve energy efficiency by monitoring power consumption, operating temperature, and more from its enterprise data network. With energy costs and global warming worries escalating, Cisco plans to expand beyond communications and use its data network to help companies manage their power use and prevent... More »

MORE ABOUT:
electricity • Cisco • computer network • routers • green

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