cisco

The company could eliminate as many as 4,000 jobs over the next few months, with the average forecast at 3,000, according to four analysts polled by Reuters. In all, 4% of Cisco's 73,000 full-time workers could be fired along with

The network equipment maker is trading at $16.91, down 2 cents, or 0.15%.

Cisco Systems Inc. (CSCO) is down fractionally in early trading as analysts weigh in on the company's plans to launch its largest round of layoffs in history to cut costs by $1 billion.

Good Morning. It's Thursday, May 12, 2011. At this hour, U.S. equity futures are down. Overseas, the Asian markets retreated, while the European markets are lower. Intel (INTC), owner of 32.8% of Clearwire Corp.'s (CLWR) outstandi

In connection with the changes to the consumer business, it is anticipated that Cisco will recognize restructuring charges to its GAAP financial results, with an aggregate pre-tax impact not expected to exceed $300 million during

Cisco (CSCO) announced that it will exit aspects of its consumer businesses and realign the remaining consumer business to support four of its five key company priorities -- core routing, switching and services; collaboration; arc

According to CSCO, the acquisition of newScale will allow the company to accelerate its deployment of cloud services through a service catalog and self-service portal so that its customers can easily manage their IT infrastructure

Financial terms of the transaction are undisclosed.

Cisco Systems (CSCO) today announced that it has plans to acquire newScale, a privately-held software provider based in San Mateo, Calif., that enables commercial and enterprise customers to initiate the provisioning of their own

This is what's in the news for Thursday, March 24th. Reuters reports that China still sees risks from euro zone debt problems and increased its holdings of European government bonds to help the region, the Chinese foreign ministry

The report cites the ratio of outstanding puts to sell Cisco stock versus calls to buy dropped to 0.64-to-1 on Feb. 18.

The networking equipment company's put-to-call ratio fell 9.9% in the eight days following its latest profit report.

Cisco shares are down 0.58%, or $0.10, to $18.30.

Cisco Systems (CSCO) shares are down after Bloomberg reported that options traders are putting their most bullish wagers on Cisco's stock in about a year.