The shares of Cisco Systems, Inc. (NASDAQ:CSCO) rallied down in access of 1.6% after the network equipment manufacturer posted a weaker forecast for the current quarter. The lower forecast came after weaker sales in its emerging markets and major capital spending cuts by telecom service providers. Cisco Systems announced its first quarter 2015 results with…
Cisco Systems, Inc. (CSCO)’s Top Management Including CEO Faces Compensation Cuts
In one of the most surprising revelations from Cisco Systems, Inc. (NASDAQ:CSCO), the top management including the CEO of the company had a decline in compensation in the latest fiscal, as mentioned in its latest SEC filing. John Chambers made a total of $16.5 million in the recent fiscal with a 22% decline from last…
Cisco Systems, Inc. (CSCO) Ready to Invest $1 Billion in Cloud Computing Initiative
Cisco Systems, Inc. (NASDAQ:CSCO) is all set to start big in the cloud computing network and the company is going to invest up to $1 billion in cloud computing offerings. The tech-giant is likely to collaborate with 30 companies in the global cloud computing initiative. Intercloud, cloud computing network, is a premier offering that will…
Cisco Systems, Inc. (CSCO), Twitter Inc (TWTR), Signet Jewelers Ltd. (SIG): Top 3 New Stock Picks of Brookside Capital
Bain Capital manages Brookside Capital and it has a current portfolio of $4.12 billion, as per recent SEC 13F filing, with services and technology forming the primary investments of the fund. Brookside capital started in 1980s and its investments grew in multiple industries. Cisco Systems, Inc. (NASDAQ:CSCO), Twitter Inc (NYSE:TWTR), Signet Jewelers Ltd. (NYSE:SIG) are…