Latest Cisco Systems Inc News

Arista Networks former chairman agrees to pay nearly $1M to settle insider trading charges

Mar. 26, 2024 10:38 AM EDT

The founder and former chairman of technology company Arista Networks has agreed to pay almost $1 million to settle insider trading charges. The Securities and Exchange Commission said Tuesday that Andreas “Andy” Bechtolsheim misappropriated material nonpublic information related...

Applications for U.S. unemployment benefits dip to 210,000, another sign the job market is strong

Mar. 21, 2024 10:21 AM EDT

WASHINGTON (AP) — The number of Americans signing up for unemployment benefits fell slightly last week, another sign that the labor market remains strong and most workers enjoy extraordinary job security. The Labor Department reported Thursday that jobless claims dipped by 2,000 to...

US applications for jobless claims hold at healthy levels

Mar. 07, 2024 08:45 AM EST

U.S. applications for jobless benefits were unchanged last week, settling at a healthy level as the labor market continues to show strength in the face of elevated interest rates. Unemployment claims for the week ending March 2 were 217,000, matching the previous week's revised...

US applications for jobless benefits rise but remain historically low despite recent layoffs

Feb. 29, 2024 12:57 PM EST

More Americans applied for jobless benefits last week, but layoffs remain historically low even as more high-profile companies have announced job cuts this year. Applications for unemployment benefits rose by 13,000 to 215,000 for the week ending Feb. 24, the Labor Department...

Stock market today: Asian shares track Wall Street rally as Japan's Nikkei nears a record high

Feb. 16, 2024 00:23 AM EST

BANGKOK (AP) — Shares advanced in Asia on Friday, with Tokyo's benchmark Nikkei 225 index trading near a record high, 34 years after it peaked and then plunged with the collapse of Japan's financial bubble. U.S. futures were lower after stocks on Wall Street set another record...

Deere, Fastly fall; AppLovin, Shake Shack rise, Thursday, 2/15/2024

Feb. 15, 2024 16:20 PM EST

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday: Cisco Systems Inc., down $1.22 to $49.06. The seller of routers, switches and software trimmed its profit forecast for its fiscal year. Deere & Co., down...

Cisco Systems to lay off more than 4,000 workers in latest sign of tighter times in tech

Feb. 14, 2024 18:45 PM EST

SAN FRANCISCO (AP) — Internet networking pioneer Cisco Systems is jettisoning more than 4,000 employees, joining the parade of technology companies in a trend that has helped boost their profits and stock prices while providing a sobering reminder of the job insecurity hanging over an industry...

Cisco: Fiscal Q2 Earnings Snapshot

Feb. 14, 2024 16:17 PM EST

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Cisco Systems Inc. (CSCO) on Wednesday reported fiscal second-quarter net income of $2.63 billion. On a per-share basis, the San Jose, California-based company said it had net income of 65 cents. Earnings, adjusted for one-time...

Texas Association of Basketball Coaches high school rankings

Feb. 05, 2024 20:14 PM EST

SUGAR LAND, Texas (AP) — Texas Association of Basketball Coaches high school rankings for the week of Feb. 5: GIRLS PUBLIC Class 6A 1. DeSoto, 21-5; 2. Lewisville Hebron, 30-2; 3. Fort Bend Austin, 30-1; 4. SA Northside Clark, 28-2; 5. Duncanville,...

Texas Association of Basketball Coaches high school rankings

Jan. 22, 2024 18:41 PM EST

SUGAR LAND, Texas (AP) — Texas Association of Basketball Coaches high school rankings for the week of Jan. 22: GIRLS PUBLIC Class 6A 1. DeSoto, 17-5; 2. Lewisville Hebron, 26-2; 3. Fort Bend Austin, 27-1; 4. SA Northside Clark, 24-2; 5. Duncanville,...