Cisco Systems Inc (CSCO.OQ)
19 Jul 2018
Shares of Cisco Systems Inc and other network equipment makers fell on Friday after a report that Amazon.com Inc's cloud services business was considering selling its own network switches to business customers at much lower prices.
July 13 Shares of Cisco Systems Inc and other network equipment makers fell on Friday after a report that Amazon.com Inc's cloud services business was considering selling its own network switches to business customers at much lower prices.
May 23 Cisco Systems Inc on Wednesday warned that hackers have infected at least 500,000 routers and storage devices in dozens of countries with highly sophisticated malicious software, possibly in preparation for another massive cyber attack on Ukraine.
* Dow down 0.15 pct, S&P up 0.01 pct, Nasdaq off 0.03 pct (Updates to early afternoon)
* Indexes up: Dow 0.12 pct, S&P 0.21 pct, Nasdaq 0.19 pct (Changes comment, adds details, updates prices)
* Futures down: Dow 0.25 pct, S&P 0.07 pct, Nasdaq 0.11 pct (Updates to open)
May 17 U.S. stocks opened lower on Thursday after Cisco's disappointing forecast pressured all the three main indexes, while concerns over rising U.S. Treasury yields and looming trade talks persisted.
* Futures dip: Dow 0.15 pct, S&P 0.21 pct, Nasdaq 0.53 pct (Updates prices, adds investor comment)
May 17 U.S. stock futures dipped on Thursday after Cisco's disappointing forecast, while investors fretted about rising U.S. Treasury yields and looming trade talks between the United States and China.
Network gear maker Cisco Systems Inc reported third-quarter profit and revenue that topped analysts' estimates on Wednesday, but shares fell 4 percent after dour current-quarter forecasts indicated that the transition to a software-focused business remained a work in progress.
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