csco May 12, 2011

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csco May 12, 2011

Post  Admin on Wed May 11, 2011 6:58 pm

Cisco Systems Inc. (CSCO), the largest maker of networking gear, forecast profit and sales that may miss analysts' estimates amid price pressure in the markets for routers and switches, which direct. Cisco Systems Inc. (Nasdaq: CSCO), a global leader in networking, registered an 18 percent decline in its Q3 net income to $1.8 billion, or 33 cents per share, from $2.2 billion, or 37 cents per share, a year earlier. Net sales rose 5 percent to $10.9. Cisco Systems Inc. (Nasdaq: CSCO), a global leader in networking, is scheduled to report its Q3 earnings after the market closes today. Analysts forecast earnings of 37 cents per share for the company. Cisco has a market capitalization of $99.12. (The stock declined around 4% in Q1; MA(50)- $24.15; MA(100)- $24.06; 52-wk H/L $26.88/$16.93) Cisco Systems, Inc. (CSCO: News ) is due to post quarterly results after the market closes. For the third quarter, the company is expected to record a profit. In the first quarter 2011, Tweedy Browne Co LLC bought Cisco (CSCO), Johnson

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