Cisco Systems, Inc. designs, manufactures and sells Internet protocol (IP)-based networking and other products related to the communications and information technology (IT) industry, and provides services associated with these products and their use.

Cisco’s 4Q Results: Major Tech Bellwether For HP, Oracle

Cisco Systems Inc. (Nasdaq: CSCO), the No. 1 provider of Internet gear, is scheduled to report fourth-quarter results Wednesday that are expected to be much better than last year’s when CEO John Chambers said the company was overmanned and was in the midst of layoffs and retrenchment.

Apple’s $350M AuthenTec Deal Could Trigger Samsung Counteroffer

Nearly two weeks after AuthenTec Inc. (Nasdaq: AUTH) advised the U.S. Securities and Exchange Commission it had agreed to be acquired by Apple (Nasdaq: AAPL), the world's most valuable technology company, for $350 million, Apple still hasn’t made an announcement nor filed its own SEC report.

Cisco Systems Inc. To Slash 1,300 Jobs

Cisco Systems, Inc. (Nasdaq: CSCO), the biggest maker of computer-networking equipment, plans to cut about 1,300 jobs, or 2 percent of its workforce, as part of its ongoing efforts to restructure the company.

RIM's New Woes Seen Speeding Loss of BlackBerry Users

Research In Motion's appointment of bankers to advise on drastic options, including an outright sale of the BlackBerry maker, may only hasten moves by major customers to offer their employees smartphones produced by rivals.

Technology Focus: Is Another Industry Downturn Looming?

Several industry bellwethers like Cisco Systems (Nasdaq: CSCO), Dell (Nasdaq: DELL) ) and NetApp (Nasdaq: NTAP) have reported poor resuilts or forecasts. Hewlett-Packard (NYSE: HPQ) will axe 27,000 people. Is a new tech recession ahead?


Apple Chief Executive Officer Tim Cook (2nd L) talks to employees as he visits the iPhone production line at the newly built Foxconn Zhengzhou Technology Park, Henan province in this March 28, 2012 handout photo.

Cisco, Dell, HP: Is A Tech Recession Coming?

Because they report quarterly results generally out of the regula,r pattern technology giants Cisco Systems (Nasdaq: CSC), Hewlett-Packard Co. (NYSE: HPQ) and Dell (Nasdaq: DELL) are technology bellwethers. Do their dismal dismal forecast presage downturn?
Futures Drop As JPMorgan Weighs On Banks

Futures Drop As JPMorgan Weighs On Banks

Stock index futures fell on Friday and were on track to extend the week's losses after JPMorgan Chase & Co revealed a shocking trading loss of at least $2 billion from a failed hedging strategy.
IBTimes Logo

Shock Of JPMorgan Loss Hits Stock Futures

Stock index futures fell sharply on Thursday evening as JPMorgan Chase & Co stunned investors with news that its chief investment office had incurred significant mark-to-market losses that it said could easily get worse.