Cisco Systems News
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24 min ago | AmericanBankingNews.com
Shares of Cisco Systems were the target of a significant drop in short interest in the month of January.
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Cisco Systems CAO Prat Bhatt sold 18,425 shares of the stock in a transaction that occurred on Friday, March 14th.
Cisco Systems COO Gary B. Moore sold 19,846 shares of the company's stock on the open market in a transaction that occurred on Friday, March 14th.
Index Ventures, a backer of "Candy Crush Saga" maker King Digital Entertainment Plc, is planning to raise 350 million euros for an early-stage fund, said two people with knowledge of the matter.
Cisco Systems Inc. has started a bribery related investigation into its operations in Russia and neighboring countries at the request of the U.S. Securities and Exchange Commission and the U.S. Department of Justice.
As the Optical Fiber Conference unfolds this week in San Francisco, about which I wrote a bit in a previous post , the CEO of one of the participating companies, JDS Uniphase 's Tom Waechter , was kind enough to stop by Barron's offices this afternoon for a brief chat.
They've been trying to explain the appeal of adding wireless communications and intelligence to a range of "dumb" machines and devices for more than two decades, yet industries and consumers never quite grasped the company's vision.
Cisco Systems has long realized that most companies don't have the need or the money to buy its pricey and bulky Telepresence technology, an elaborate videoconferencing system that combines 65-inch screens, cameras, integrated lighting and even custom-made desks.
OFC 2014 -- Name two things that aren't dead. If you said character actor Abe Vigoda and high-performance proprietary switches, you'd be right! White-box switches, built using commodity components and running OpenFlow software, don't scale and won't replace proprietary switches from Cisco Systems Inc. , Juniper Networks Inc. , Alcatel-Lucent , and ... (more)
Videoconferencing equipment maker Polycom Inc said it eliminated the position of chief operating officer at a time when the company is cutting costs to better compete against rivals such as Cisco and Google.
"Most stocks started the day well into the red, but slowly churned higher, leading to a pretty mixed finish," summarized Schaeffer's Senior Equity Analyst Joe Bell, CMT.
Goldman Sachs' price objective suggests a potential upside of 19.16% from the stock's previous close.
Though the equity is seemingly undeserving of bullish sentiment -- sporting a one-month loss of nearly 5% to trade at $21.61 -- the recent surge of optimism among analysts is just more of the same.
Networking equipment behemoth Cisco Systems has run into troubled times of late.
Siemens AG 's Unify GmbH & Co. KG communications joint venture with Gores Group LLC plans to boost sales to small and medium-sized enterprises as it rolls out a new product to regain market share from Cisco Systems Inc. The company formerly known as Siemens Enterprise Communications hired Jon Pritchard last month to increase sales by third parties ... (more)