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    Cisco Systems Inc., the world's largest maker of computer networking gear, said Wednesday that it's set to eliminate thousands of jobs as part of cost-cutting moves to get profits growing again.

  • Cisco earnings down 18 percent in 3Q

    Cisco Systems Inc., the world's largest maker of computer networking gear, said Wednesday that it's set to eliminate thousands of jobs as part of cost-cutting moves to get profits growing again.

  • Cisco narrows focus with new business structure

    Cisco will undergo a number of structural changes following several challenging quarters as the networking behemoth attempts to become more efficient in bringing products to market.

  • Cisco narrows focus with new business structure

    Cisco will undergo a number of structural changes following several challenging quarters as the networking behemoth attempts to become more efficient in bringing products to market.

  • FILE - In this Nov. 4, 2009 file photo, a Cisco Systems' Flip Video camera is displayed at Best Buy in Mountain View, Calif. Cisco Systems Inc. is exiting parts of its consumer businesses, with plans to shut its Flip video camera business Tuesday, April 12, 2011.(AP Photo/Paul Sakuma)

    Cisco plans to shut its Flip camcorder business

    Cisco Systems Inc., one of the titans of the technology industry, on Tuesday said it is killing the Flip Video, the most popular video camera in the U.S., just two years after it bought the startup that created it.

  • ** FILE ** In this Nov. 4, 2009, file photo, a Cisco Systems' Flip Video camera is displayed at Best Buy in Mountain View, Calif. Cisco Systems Inc. is exiting parts of its consumer businesses, with plans to shut its Flip video camera business Tuesday, April 12, 2011. (AP Photo/Paul Sakuma)

    Cisco plans to shut its Flip camcorder business

    Cisco Systems Inc., the world's largest maker of computer networking gear, on Tuesday said it's killing its Flip camcorder business as part of a reversal of years of efforts at diversifying into consumer products.

  • Cisco's CEO vows 'bold changes' as investors worry

    Cisco Systems Inc. CEO John Chambers is calling his company's recent missteps "unacceptable" and is vowing to take "bold steps" to narrow Cisco's focus.

  • This photo taken Sept. 22, 2010, shows a Cisco UCS B440 M1 High-Performance Blade Server at a conference in San Francisco. Cisco Systems Inc. said Wednesday, Nov. 10, 2010, that its earnings for the latest quarter climbed 8 percent from last year, providing fresh evidence that business spending on technology continues to recover from the recession. (AP Photo/Paul Sakuma)

    Cisco revenue outlook stokes competition fears

    Cisco Systems Inc. has given a disappointing sales forecast for the second quarter in a row, raising doubts about the network equipment maker's competitive chops despite an uptick in its most recent quarterly earnings.

  • Cisco 1Q earnings up 8 pct; outlook sinks stock

    Cisco Systems Inc. said Wednesday that its earnings for the latest quarter climbed from last year. But the company's outlook for the current quarter cast doubt on the pace of recovery in corporate technology spending and sent Cisco's shares skidding.

  • Cisco earnings up 8 percent in 1Q

    Cisco Systems Inc. said Wednesday that its earnings for the latest quarter climbed 8 percent from last year, providing fresh evidence that business spending on technology continues to recover from the recession.

  • Courtroom sketches of John Gotti, as well as a book by artist Marilyn Church, are on display in her studio, Wednesday, Oct. 13, 2010, in New York.  Church has been a courtroom artist in the New York area for more than 30 years. She's sketched portraits of Bernard Madoff, Martha Stewart, Woody Allen, John Gotti and others. (AP Photo/Mary Altaffer)

    Courtroom sketches heading for Library of Congress

    Marilyn Church didn't even have to ask Bernard Madoff, Martha Stewart, Woody Allen and John Gotti to sit for their portraits. She simply found a good seat in court and pulled out her pad _ then got paid.

  • VERSACE: Data so far lower expectations for rest of year

    What a difference a week or so makes. July was a pretty good month for stocks and capped off a strong rally that began in mid-May.

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