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Cisco Systems Inc (CSCO.OQ)

CSCO.OQ on NASDAQ Stock Exchange Global Select Market

46.96USD
16 Aug 2019
Change (% chg)

$0.71 (+1.54%)
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Latest Key Developments (Source: Significant Developments)

Cisco Intends To Acquire Acacia Communications
Tuesday, 9 Jul 2019 

July 9 (Reuters) - Acacia Communications Inc ::CISCO INTENDS TO ACQUIRE ACACIA COMMUNICATIONS.ACACIA COMMUNICATIONS INC - PROPOSED DEAL FOR APPROXIMATELY $2.6 BILLION.ACACIA COMMUNICATIONS INC - PROPOSED DEAL FOR $70.00 PER SHARE.ACACIA COMMUNICATIONS INC - PROPOSED DEAL FOR $70.00 PER SHARE IN CASH.ACACIA COMMUNICATIONS INC - ACACIA EMPLOYEES WILL JOIN CISCO'S OPTICAL SYSTEMS AND OPTICS BUSINESS WITHIN NETWORKING AND SECURITY BUSINESS UNDER DAVID GOECKELER..ACACIA COMMUNICATIONS INC - CISCO INTEGRATING ACACIA TECHNOLOGY INTO CISCO'S NETWORKING PORTFOLIO.  Full Article

India's Zensar Technologies Says Global Partnership With Netapp And Cisco
Monday, 10 Jun 2019 

June 10 (Reuters) - Zensar Technologies Ltd ::SAYS GLOBAL PARTNERSHIP WITH NETAPP AND CISCO.  Full Article

Cisco Held Preliminary Acquisition Talks With Cloud Startup HashiCorp - The Information
Monday, 20 May 2019 

May 20 (Reuters) - :CISCO HELD PRELIMINARY ACQUISITION TALKS WITH CLOUD STARTUP HASHICORP - THE INFORMATION.  Full Article

Red Balloon Security Discovers Vulnerability In Cisco's Secure Boot Process
Monday, 13 May 2019 

May 13 (Reuters) - Red Balloon Security::RED BALLOON SECURITY SAYS HAS DISCOVERED A "HIGH-RISK VULNERABILITY" IN CISCO'S SECURE BOOT PROCESS.RED BALLOON SECURITY SAYS VULNERABILITY, CODENAMED "THRANGRYCAT," IS CAUSED BY A SERIES OF HARDWARE DESIGN FLAWS WITHIN CISCO'S TRUST ANCHOR MODULE.RED BALLOON SECURITY - THRANGRYCAT VULNERABILITY ALLOWS ATTACKER TO MAKE PERSISTENT MODIFICATION TO CISCO'S TRUST ANCHOR MODULE VIA REMOTE EXPLOITATION.RED BALLOON SECURITY SAYS HAS BEEN WORKING CLOSELY WITH CISCO'S PRODUCT SECURITY INCIDENT RESPONSE TEAM TO ADDRESS THRANGRYCAT VULNERABILITY.  Full Article

Xen1thlabs Had Discovered The Zero-Day Vulnerability In Cisco IP Phones (7800 And 8800 Series)
Wednesday, 27 Mar 2019 

March 27 (Reuters) - Darkmatter Group::DARKMATTER GROUP - XEN1THLABS HAD DISCOVERED THE ZERO-DAY VULNERABILITY IN CISCO IP PHONES (7800 AND 8800 SERIES).  Full Article

Intel Says Co And Major Tech Cos To Develop Compute Express Link
Monday, 11 Mar 2019 

March 11 (Reuters) - Intel Corp ::INTEL SAYS CO, ALIBABA, CISCO, DELL EMC, FACEBOOK, GOOGLE, HEWLETT PACKARD, HUAWEI & MICROSOFT ANNOUNCED FOUNDING OF CONSORTIUM TO DEVELOP COMPUTE EXPRESS LINK.INTEL SAYS COMPUTE EXPRESS LINK TECHNOLOGY WILL IMPROVE PERFORMANCE AND REMOVE BOTTLENECKS IN COMPUTATION-INTENSIVE WORKLOADS.  Full Article

Cisco CEO Chuck Robbins Says Hopefully U.S. Can Extend Deadline To Keep Negotiating With China To Reach Trade Deal In Next 2 Months- CNBC Interview
Thursday, 14 Feb 2019 

Feb 14 (Reuters) - :CISCO CEO CHUCK ROBBINS SAYS HOPEFULLY U.S. CAN EXTEND DEADLINE TO KEEP NEGOTIATING WITH CHINA TO REACH TRADE DEAL IN NEXT 2 MONTHS- CNBC INTERVIEW.  Full Article

Cisco Systems Reports Q2 Non-GAAP Earnings Per Share Of $0.73
Wednesday, 13 Feb 2019 

Feb 13 (Reuters) - Cisco Systems Inc ::CISCO REPORTS SECOND QUARTER EARNINGS.Q2 NON-GAAP EARNINGS PER SHARE $0.73.Q2 GAAP EARNINGS PER SHARE $0.63.Q2 REVENUE $12.4 BILLION VERSUS REFINITIV IBES ESTIMATE OF $12.41 BILLION.Q2 EARNINGS PER SHARE ESTIMATE $0.72 -- REFINITIV IBES DATA.SEES Q3 2019 GAAP EARNINGS PER SHARE $0.63 TO $0.68.CISCO - DIVIDEND INCREASED 6 PERCENT, ADDITIONAL $15 BILLION AUTHORIZED FOR STOCK REPURCHASE.CISCO -SEES Q3 NON-GAAP EARNINGS PER SHARE OF $0.76 TO $0.78.CISCO - SEES Q3 REVENUE GROWTH OF 4% - 6%.CISCO - SEES Q3 NON-GAAP GROSS MARGIN RATE OF 64% - 65%.CISCO - SEES Q3 NON-GAAP OPERATING MARGIN RATE OF 31% - 32%.CISCO - DECLARED QUARTERLY DIVIDEND OF $0.35 PER COMMON SHARE, 2-CENT INCREASE OR UP 6% OVER PREVIOUS QUARTER'S DIVIDEND, TO BE PAID ON APRIL 24, 2019.CISCO - REVENUE FOR DIVESTED SPVSS BUSINESS FOR Q3 OF FISCAL 2018 WAS $219 MILLION.CISCO - CISCO'S BOARD OF DIRECTORS HAS ALSO APPROVED A $15 BILLION INCREASE TO AUTHORIZATION OF STOCK REPURCHASE PROGRAM.CISCO - REMAINING AUTHORIZED AMOUNT FOR STOCK REPURCHASES INCLUDING ADDITIONAL AUTHORIZATION IS APPROXIMATELY $24 BILLION.Q3 EARNINGS PER SHARE VIEW $0.77, REVENUE VIEW $12.84 BILLION -- REFINITIV IBES DATA.CISCO - DECLARED A QUARTERLY DIVIDEND OF $0.35 PER COMMON SHARE, UP 6% OVER PREVIOUS QUARTER'S DIVIDEND, TO BE PAID ON APRIL 24, 2019.  Full Article

Cisco CEO Chuck Robbins When Asked If The Government Shutdown Is Material Yet For Co, Says "Not Yet" -CNBC Interview
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - :CISCO CEO CHUCK ROBBINS WHEN ASKED IF THE GOVERNMENT SHUTDOWN IS MATERIAL YET FOR CO, SAYS “NOT YET” -CNBC INTERVIEW.CISCO CEO CHUCK ROBBINS SAYS WE ARE “PROBABLY 30-40 PERCENT” INTO BUSINESS MODEL SHIFT TOWARDS SOFTWARE AND SUBSCRIPTION.  Full Article

Schibsted picks Cisco executive as tech chief
Wednesday, 23 Jan 2019 

Jan 23 (Reuters) - Schibsted ASA ::SCHIBSTED APPOINTS CHIEF DATA & TECHNOLOGY OFFICER.FOLLOWING ANNOUNCEMENT OF A NEW LEADERSHIP TEAM AT END OF 2018, SCHIBSTED TODAY ANNOUNCED NAME OF REMAINING POSITION OF CD&TO.SVEN STØRMER THAULOW COMES FROM POSITION OF MANAGING DIRECTOR FOR CISCO NORWAY & ICELAND.  Full Article