Latest Cisco Systems Inc News

Stock market today: Asian shares mixed after interest rates-driven sell-off on Wall Street

Sep. 21, 2023 23:44 PM EDT

Asian shares were mixed on Friday after another slump on Wall Street driven by expectations that U.S. interest rates will stay high well into next year. Hong Kong and Shanghai advanced while Tokyo, Seoul and Sydney declined. U.S. futures edged higher and oil prices rose. ...

FedEx, Greenbrier rise; Cisco Systems, KB Home fall, Thursday, 9/21/2023

Sep. 21, 2023 16:17 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday: FedEx Corp., up $11.33 to $261.85. The package delivery company reported strong fiscal first-quarter earnings. FactSet Research Systems Inc., up $2.99 to $426.76....

Cisco buying cybersecurity firm Splunk for $28 billion, bolstering defenses as use of AI widens

Sep. 21, 2023 09:40 AM EDT

Cisco is buying the cybersecurity firm Splunk in a $28 billion deal as it bolsters its defenses against potential security threats that may be heightened by the widening use of artificial intelligence. The Silicon Valley networking tech giant will pay $157 per Splunk Inc. share. ...

Cisco Systems, Chegg rise; Hawaiian Electric, CVS Health fall, Thursday, 8/17/2023

Aug. 17, 2023 16:26 PM EDT

N EW YORK (AP) — Stocks that traded heavily or had substantial price changes on Thursday: Cisco Systems Inc. (CSCO), up $1.77 to $54.73 The maker of networking equipment reported stronger profit and revenue for the latest quarter than analysts expected. ...

Cisco: Fiscal Q4 Earnings Snapshot

Aug. 16, 2023 16:31 PM EDT

SAN JOSE, Calif. (AP) — SAN JOSE, Calif. (AP) — Cisco Systems Inc. (CSCO) on Wednesday reported fiscal fourth-quarter net income of $3.96 billion. On a per-share basis, the San Jose, California-based company said it had net income of 97 cents. Earnings, adjusted for stock option...