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>> CISCO SYSTEMS INC Latest News

AUG 26, 2014 - Yahoo! News

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TiVo results beat estimates on strong subscriber growth

(Reuters) - Digital video recorder maker TiVo Inc reported better-than-expected quarterly profit and revenue due to strong growth in subscribers through cable TV partners such as Virgin Media in the UK, ONO in Spain and Com Hem AB in Sweden. TiVo's subscriptions rose by a third to 4.8 million in the second quarter ended July 31. Net profit fell to ...

Tags: TiVo results beat estimates on strong subscriber growth,  Cisco Systems Inc Latest News

AUG 14, 2014 - Yahoo! News

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Cisco to take $700 million in restructuring charges for layoffs

Network equipment maker Cisco Systems Inc said on Thursday its plan to slash 6,000 jobs will result in restructuring charges of $700 million in cash in the year ending July 2015. The latest round of layoffs, announced on Wednesday, is at least the fourth workforce reduction in about as many years for a company once synonymous with the Internet boom ...

Tags: Cisco to take $700 million in restructuring charges for layoffs,  Cisco Systems Inc Latest News

AUG 14, 2014 - Yahoo! News

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Cisco to cut another 6,000 jobs as forecast falls flat

Cisco Systems Inc forecast tepid current-quarter results and said it plans to cut another 6,000 jobs, as the network equipment maker works through a transition toward a new cycle of high-end switches and routers. We are going to lead it, period," Chief Executive Officer John Chambers told analysts on a conference call. In emerging markets, where the company faces sluggish ...

Tags: Cisco to cut another 6,000 jobs as forecast falls flat,  Cisco Systems Inc Latest News

AUG 13, 2014 - Yahoo! News

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Cisco posts smaller-than-expected drop in fiscal fourth quarter revenue

Network equipment maker Cisco Systems Inc posted a smaller-than-expected 0.5 percent dip in quarterly revenue, as the company makes a transition through a new cycle of high-end switches and routers. Cisco reported revenue of $12.4 billion, effectively flat from a year earlier. Wall Street on average had expected $12.1 billion, according to Thomson Reuters I/B/E/S. The earnings beat the company's ...

Tags: Cisco posts smaller-than-expected drop in fiscal fourth quarter revenue,  Cisco Systems Inc Latest News