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Cisco Systems Inc (CSCO.O)

CSCO.O on Nasdaq

22 Sep 2017
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$0.67 (+2.05%)
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Latest Key Developments (Source: Significant Developments)

Arista says Administrative Law Judge Endorses co's Redesign in ITC Initial Determination
Wednesday, 21 Jun 2017 12:26pm EDT 

June 21 (Reuters) - Arista Networks Inc ::International Trade Commission issued an Initial Determination in ITC enforcement proceeding brought by Cisco Systems against Arista.In ID, ALJ found co's sale of its redesigned switch products does not violate cease and desist order issued by ITC.  Full Article

Cisco declares quarterly cash dividend
Tuesday, 6 Jun 2017 04:26pm EDT 

June 6 (Reuters) - Cisco Systems Inc ::Cisco declares quarterly cash dividend.Sets quarterly dividend of $0.29 per share.  Full Article

Rola Dagher named president of Cisco Canada
Monday, 5 Jun 2017 10:22am EDT 

June 5 (Reuters) - Cisco Systems Inc ::Rola Dagher named president of Cisco Canada.Dagher replaces Bernadette Wightman, who has completed her contract in Canada and is returning to UK.Dagher joins Cisco from Dell EMC.  Full Article

IBM says Cisco and Co security working together to address growing global threat of cybercrime​
Wednesday, 31 May 2017 06:00am EDT 

May 31 (Reuters) - International Business Machines Corp ::IBM says ‍Ccisco and IBM security are working together to address growing global threat of cybercrime​.IBM says through this expanded collaboration, IBM's managed security services team will work with Cisco.IBM - ‍in new collaboration, Cisco & IBM security will work closely together across products, services and threat intelligence for benefit of customers.IBM says ‍ibm's resilient incident response platform to integrate with Cisco's threat grid.  Full Article

Jacobs Engineering expands Cisco relationship to enhance connectivity solution options in Canada
Thursday, 18 May 2017 07:45am EDT 

May 18 (Reuters) - Cisco Systems Inc :Jacobs Engineering Group Inc - expands Cisco relationship to enhance connectivity solution options in Canada.  Full Article

Cisco Systems Inc Q3 GAAP earnings per share $0.50
Wednesday, 17 May 2017 04:05pm EDT 

May 17 (Reuters) - Cisco Systems Inc :Cisco reports third quarter earnings.Q3 non-GAAP earnings per share $0.60.Q3 GAAP earnings per share $0.50.Q3 revenue $11.9 billion versus I/B/E/S view $11.89 billion.Q3 earnings per share view $0.58 -- Thomson Reuters I/B/E/S.Sees Q4 GAAP $0.46 to $0.51.Sees Q4 non-GAAP EPS $0.60 - $0.62.Sees Q4 revenue down 6% to 4%.Q4 earnings per share view $0.62, revenue view $12.51 billion -- Thomson Reuters I/B/E/S.In May 2017, extended restructuring plan to include an additional 1,100 employees with $150 million of estimated additional pretax charges.During first 9 months of fiscal 2017, recognized pretax charges of $614 million to GAAP financial results in relation to restructuring plan.Expect to recognize approximately $150 million to $200 million of pretax charges under restructuring plan in Q4 of fiscal 2017.Expects restructuring plan to be substantially completed by end of Q1 of fiscal 2018.  Full Article

Cisco announces intent to acquire Viptela
Monday, 1 May 2017 05:00pm EDT 

May 1 (Reuters) - Cisco Systems Inc :Cisco announces intent to acquire Viptela.Cisco says Cisco will acquire Viptela for $610 million in cash and assumed equity awards.Cisco says viptela team will join enterprise routing team within networking and security business led by Senior Vice President David Goeckeler.  Full Article

Cisco entered into a 364-day credit agreement
Friday, 31 Mar 2017 04:41pm EDT 

Cisco Systems Inc : Cisco - On March 30, entered into a 364-day credit agreement . Cisco says credit agreement provides for a $2 billion unsecured revolving credit facility that is scheduled to expire on March 29, 2018 - SEC Filing .Cisco - At this time, Cisco has not borrowed any funds under credit agreement - SEC Filing.  Full Article

Finjan Holdings unit has filed a patent infringement lawsuit against Cisco Systems
Monday, 9 Jan 2017 08:30am EST 

Finjan Holdings Inc : Unit has filed a patent infringement lawsuit against Cisco Systems .Infringement lawsuit against Cisco Systems alleging infringement of five Finjan U.S. patents.  Full Article

Cisco Systems sets quarterly dividend of $0.26per share
Wednesday, 7 Dec 2016 06:44pm EST 

Cisco Systems Inc :Sets quarterly dividend of $0.26per share.  Full Article


Cisco's Executive Chairman Chambers not to seek re-election

Cisco Systems Inc said on Monday that Executive Chairman John Chambers would not seek re-election after his term expires in December.