Shares of Cisco Systems Inc. (NASDAQ: CSCO) rallied about 12 % by afternoon trade after the network equipment maker, late last evening, reported better-than-expected results for the fiscal third quarter while its guidance on the current quarter was also in-line with analysts’ consensus estimate. [...]
Oracle Corporation (NASDAQ: ORCL) announced on Monday that it has agreed to acquire Acme Packet Inc. (NASDAQ: APKT) in deal estimated at $2.1 billion. [...]
Shares of Cisco Systems Inc. (NASDAQ: CSCO) rose sharply in trading today after the network equipment maker announced that it would acquire privately held cloud computing company Meraki Inc. for approximately $1.2 billion in cash. [...]
World’s largest computer networking equipment maker, Cisco Systems Inc. (NASDAQ: CSCO) announced better-than-expected fourth-quarter results despite businesses and government spending falling sharply in the wake of economic slowdown. The company also increased its dividends. [...] |
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