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Was Flip Video Really A Flop? (CSCO)
Wednesday, April 13, 2011 - 4:02pm | 392Earlier this week, Cisco (NASDAQ: CSCO) announced that it would close the division that makes Flip Video camcorders. This news was quite surprising considering the initial success of the Flip Video. The handheld device proved to be a formidable foe in the camcorder industry, garnering 13% of the...
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Cisco Systems Up 5% (CSCO)
Wednesday, April 6, 2011 - 3:09pm | 94Cisco Systems (NASDAQ: CSCO) shares are having their best day in quite some time, gaining more than 5% on more than 130 million shares after CEO John Chamber's memo to employees was leaked. In the email to employees, Chambers said he is aware of outside forces potentially trying to remove him from...
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Cisco CEO John Chambers Talks Earnings On Fox Business (CSCO)
Thursday, February 10, 2011 - 1:51pm | 427In an interview to appear on FOX Business Network (FBN) at 2 PM/ET Cisco CEO John Chambers tells anchor Brian Sullivan the company's earnings reflect a positive change in the United States economic climate. When asked if the economy is improving Chambers said “absolutely yes. This isn't a...
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John Chambers: Take A Leap Of Faith (CSCO)
Thursday, November 11, 2010 - 10:17am | 122John Chambers, CEO of Cisco Systems (NASDAQ: CSCO) is on CNBC and he is saying that investors should have confidence in what the company does well. Chambers said that the company needs to adjust appropriately to circumstances. He is saying that Cisco's track record is pretty good, and the company...
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ETFs For Cisco Earnings
Wednesday, November 10, 2010 - 4:57pm | 305Networking gear giant Cisco Systems (Nasdaq: CSCO) reports earnings after the close today and this report is always worth watching, if for no other reason than to absorb comments from CEO John Chambers about the health of the U.S. economy. Analysts are expecting the company behind those annoying...
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John Chambers To Fox Business: “Government And Business Have To Work Closer Together” (CSCO)
Thursday, August 12, 2010 - 11:48am | 327Cisco Systems (NASDAQ: CSCO) CEO John Chambers was on Fox Business Network this morning being interviewed by Stuart Varney to discuss a myriad of topics. Chambers went on to discuss the economic recovery, how it is affecting his company and the future of jobs at Cisco and other corporations. In...
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Cisco's (CSCO) Chambers Has Trouble Reading The Signs
Wednesday, August 11, 2010 - 7:39pm | 123John Chambers, a CEO of Cisco Systems, Inc. (NASDAQ: CSCO), said on the conference call today that the operating margins were not so weak, and that he still thinks that the growth of 12% to 17% should not be the problem. He also talked about uncertainty in the current economic environment, and said...
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The Reasoning Behind Cisco's Fall (CSCO)
Wednesday, August 11, 2010 - 6:43pm | 334Shares of Cisco Systems (NASDAQ: CSCO) are getting hammered after hours after the network equipment maker reported earnings that beat Wall Street estimates, but revenues fall just short. Cisco said it earned 33 cents per share on revenues of $10.8 billion, just under analysts' forecasts of $10.9...
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NetGear Plummets After Comment On Cisco Conference Call (NTGR, CSCO)
Thursday, May 13, 2010 - 2:53pm | 240Today's activity in shares of NetGear, Inc. (NASDAQ: NTGR) appears to have been triggered by a comment from Cisco CEO John Chambers on the company's conference call last night. Chambers said that revenue from the company's home networking group was down about 8% in the fiscal third quarter. This...
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Trading Cisco
Thursday, May 13, 2010 - 1:31pm | 225Shares of Cisco Systems (NASDAQ: CSCO) are falling today, currently off 4.46% to $25.54. Shares are off despite a fantastic earnings report from the company. John Chambers was said to have given lackluster guidance, but frankly it sounded bullish to me. Their revenue growth across the board, cash...
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Thursday Morning’s Options Volume Leaders
Thursday, May 13, 2010 - 11:22am | 190The market is trending sideways today as leaders struggle to find direction. The S&P 500 (NYSE: SPY) is struggling to regain the 50-day moving average today; if it cannot, we may drift lower; support would not be found in significant size until 1123. Here are your Options Volume Leaders today...
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Cisco Beats Wall Street Expectations Handily
Thursday, May 13, 2010 - 11:06am | 332According to an article on CNBC, Cisco (NASDAQ: CSCO) posted better-than-expected Q3 earnings of $0.42 a share, while analysts expected around $0.39 a share. More importantly, CSCO beat the revenue estimates by garnering nearly $10.4 billion, while the expectations stood at $10.23 billion. The...
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Cisco Reports Blockbuster Earnings; Shares Stale
Wednesday, May 12, 2010 - 4:16pm | 98Shares of Cisco Systems (NASDAQ: CSCO) are off 1.08% to $26.45 in the after-hours after the company reported stellar earnings. The company said that EPS came in at GAAP $0.37 (a year over year increase of 61%) and Non-GAAP $0.42 (an increase of 40% year over year). Revenue was up 27% year over...
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US Economy Is On Rebound: Cisco (CSCO) CEO Tells CNBC
Friday, February 5, 2010 - 1:02pm | 102Cisco (NASDAQ: CSCO) reported robust earnings numbers. Talking with CNBC, Cisco’ CEO John Chambers expressed his confidence about the second phase of economic recovery. According to him, the economy is likely to witness job growth in the near future. He said that the sharp increase in capital...
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Cisco Systems (CSCO) On The Prowl, Divulges CEO John Chambers
Friday, January 8, 2010 - 9:30am | 118Year 2009 was a good year for Cisco Systems (NASDAQ: CSCO). While talking with CNBC’s Jim Goldman, Cisco CEO, John Chambers stated that the firm follows an aggressive strategy during lean periods. Cisco made a number of acquisitions during the past year and is likely to do the same during 2010 as...