Cisco Systems Inc (CSCO.OQ)
24 Feb 2017
* Ericsson gains on Cisco takeover speculation (Adds details, closing prices)
LONDON, Feb 22 European shares climbed to a new 14-month high on Wednesday, supported by well-received earnings updates from companies such as Lloyds, Telefonica Deutschland and Scor.
Cisco Systems Inc reported higher-than-expected quarterly revenue and profit, helped mainly by strong demand for its security products.
Feb 15 Cisco Systems Inc reported higher-than-expected quarterly revenue and profit, helped mainly by strong demand for its security products.
* Q2 revenue $11.6 billion versus I/B/E/S view $11.55 billion
Feb 15 Cisco Systems Inc's quarterly revenue fell for the fifth straight quarter, hurt by sluggish demand in its legacy network equipment business.
(This January 25 story was refiled to correct misspelling in headline)
Jan 25 Cisco Systems Inc's decision to acquire software startup AppDynamics for $3.7 billion, nearly double the private-market valuation, reflects Cisco's struggles in building its software business, according to company financial reports and internal documents.
NEW YORK (Reuters Breakingviews) - Cisco Systems is chasing a fairy tale. The networking giant's core switch and router businesses face tough times. Buying software firm AppDynamics for $3.7 billion offers some respite from hardware woes. But the company is paying well over the odds to add a bit of excitement to its story.
SAN FRANCISCO Cisco Systems Inc said on Tuesday that it agreed to buy U.S. business software company AppDynamics Inc for about $3.7 billion, making one of its largest deals of recent years as it searches for growth beyond its core networking business.
|Telefonaktiebolaget LM Ericsson (ERICb.ST)||58.40kr||-0.55|
|Telefonaktiebolaget LM Ericsson (ERICa.ST)||59.15kr||+0.15|
|HP Inc (HPQ.N)||$17.65||+0.05|
|International Business Machines Corp. (IBM.N)||$181.35||-0.30|
|Microsoft Corporation (MSFT.OQ)||$64.62||0.00|
|Dell Inc. (4331.HK)||--||--|
|Alcatel Lucent SA (ALUA.PA)||--||--|
|Symantec Corporation (SYMC.OQ)||$28.84||+0.26|
|VMware, Inc. (VMW.N)||$91.01||+0.27|
|Juniper Networks, Inc. (JNPR.N)||$28.42||-0.01|