Cisco shares take big hit on Q1 earnings report
Shares of Cisco Systems (NASDAQ: CSCO) plummeted more than 13 percent in after-hours trading Wednesday after the networking equipment giant reported fiscal first-quarter earnings that barely topped net...
View ArticleCisco Systems shares absorb punishing beatdown
Investors couldn't sell off shares of Cisco Systems (NASDAQ: CSCO) fast enough Thursday following a weaker-than-expected sales forecast delivered by Chairman and CEO John Chambers after Wednesday's...
View ArticleAfter beating street, street beats Cisco
Shares of Cisco Systems plunged more than 13 percent in early trading Thursday after the networking equipment vendor issued a disappointing profit forecast and warned of a slowdown in government...
View ArticleJohn Chambers to Cisco employees: Quit messing up my brilliant strategy!
Cisco Systems CEO John Chambers sent a sobering memo to company employees on Monday hinting at major changes. ITworld has uncovered the first draft of Chambers' message. (OK, not really.)read more
View ArticleNot a Flip question, Cisco
To absolutely no one's surprise, Cisco Systems on Tuesday announced it would cease making the popular Flip camcorder, a consumer product no longer seen by CEO John Chambers as fitting into the...
View ArticleFor Flip fans, on top of devastation, tragedy
It's always a mistake to develop an emotional attachment to an electronic device. You put yourself at the mercy of the manufacturer's whims as well as market dynamics. read more
View ArticleCisco's new 'streamlined' structure won't matter until it produces results
Cisco Systems on Thursday announced it will dramatically change its business structure and operations. read more
View ArticleCisco shares climb after Q3 earnings, then fall following Q4 warning
Cisco Systems briefly enjoyed the benefits of exceeding Wall Street expectations for the third quarter on Wednesday as shares gained nearly 4 percent in extended trading. Then came the earnings...
View ArticleIs Cisco set to slash 5,000 jobs?
Cisco Systems might have to cut 5,000 jobs to meet its previous expense-reduction targets, an analyst told clients in a note Monday.read more
View ArticleReport: Cisco may cut up to 10,000 jobs
Struggling networking equipment vendor might cut 10,000 jobs through layoffs, early-retirement buyouts, Bloomberg reports.read more
View ArticleCisco to cut workforce by nearly 10%
Cisco Systems plans to eliminate 6,500 full-time jobs in an effort to cut $1 billion in annual operating expensesread more
View ArticleCisco's Chambers named most overpaid American CEO
The chief executive of stumbling router vendor Cisco Systems tops a list of most overpaid American CEOs compiled by 24/7 Wall St.read more
View ArticleCisco shares climb after hours despite Q1 profit decline
The struggling networking equipment vendor reports lower first-quarter earnings, but beats consensus forecasts.read more
View ArticleCisco makes fourth acquisition in a month
Cisco this week announced its intent to acquire BroadHop, a developer of network management servers and software for carriers.read more
View ArticleCisco lays off 500
Cisco this week reduced its workforce by about 500 people as the company realigns to face the advent of software-defined networking, cloud computing and its impact on routing and switching.read more
View Article
