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By ANDREW LECKEY | July 4, 2004
I AM 27 years old, consider myself an aggressive investor and add a significant amount to my portfolio on a regular basis. I own shares of Cisco Systems Inc. What is the outlook for the company? - T.D., via the Internet The world's largest maker of equipment that directs Internet traffic is so confident that the economy and capital spending are improving that it plans to hire 1,000 workers through the rest of 2004. It recently launched its much-ballyhooed CRS-1 router that targets its largest customers.
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BUSINESS
By Eileen Ambrose, The Baltimore Sun | July 30, 2013
Sourcefire Inc., a Columbia-based cybersecurity company, reported it earned $2.2 million in the second quarter, or 7 cents per share. That compares with a $1.1 million profit, or 4 cents per share, a year ago. Revenue in the April-to-June period reached $65.1 million, up from $50.6 million a year earlier. Last week, Cisco Systems announced it planned to acquire Sourcefire for $2.7 billion in cash. Sourcefire's headquarters is expected to remain in Columbia after the sale, and Cisco said it did not plan to eliminate any jobs there.
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BUSINESS
By BLOOMBERG BUSINESS NEWS | May 11, 1996
NEW YORK -- U.S. stocks rallied yesterday as a drop in bond yields spurred gains in financial shares. The Nasdaq composite index soared to a record, led by Cisco Systems Inc.A government report that producer prices increased less than expected in April sparked stocks' advance by easing concern that borrowing costs would rise to compensate for inflation.The Nasdaq composite index surged 14.94 to 1,202.76, past its previous closing high of 1,199.66 May 1. It was the index's 22nd record this year.
BUSINESS
By Jamie Smith Hopkins, The Baltimore Sun | July 23, 2013
A marquee name in the technology industry said Tuesday that it is buying Columbia-based Sourcefire - a homegrown player in the hot cybersecurity field - for $2.7 billion cash. Cisco Systems wants to bolster its security offerings with Sourcefire products, which protect the computers and networks of major businesses and government agencies. The Silicon Valley firm - eager to tap new talent and increase its footprint in the East Coast's major cyber hub - said Sourcefire's headquarters will remain in Columbia and it does not plan any job cuts.
BUSINESS
February 6, 2005
A weekly briefing on the economic calendar Monday Consumer credit for December Earnings: Clorox, Conseco, Goodrich, Hasbro, Humana, Louisiana-Pacific, WellPoint, Activision, Cendant Tuesday Earnings: EarthLink, Marriott, Taser International, Aon, Cisco Systems, Goodyear, Nationwide, Prudential Wednesday Wholesale inventories for December Earnings: Adolph Coors, American International Group, Aramark, Cigna, Diamond Offshore Drilling, Medtronic, MetLife,...
BUSINESS
By Julius Westheimer | December 1, 1999
THE MOST popular stocks among all newsletters tracked last month by Hulbert Financial Digest include Cisco Systems Inc., MCI WorldCom Inc., Wal-Mart Stores Inc., Microsoft Corp., Sun Microsystems Inc. and Dell Computer Corp.Black Enterprise magazine says: "Now's the time to review your 401(k), 403(b) plans, etc., and maximize this year's contributions; then decide how much you can defer next year. Set aside enough salary to qualify for the largest employer match."WALL STREET WATCH: "Y2K will be contained, producing false optimism after January 1. Stocks will trade at new highs, then decline into spring and summer."
BUSINESS
By Eileen Ambrose, The Baltimore Sun | July 30, 2013
Sourcefire Inc., a Columbia-based cybersecurity company, reported it earned $2.2 million in the second quarter, or 7 cents per share. That compares with a $1.1 million profit, or 4 cents per share, a year ago. Revenue in the April-to-June period reached $65.1 million, up from $50.6 million a year earlier. Last week, Cisco Systems announced it planned to acquire Sourcefire for $2.7 billion in cash. Sourcefire's headquarters is expected to remain in Columbia after the sale, and Cisco said it did not plan to eliminate any jobs there.
BUSINESS
By Bloomberg Business News | May 14, 1994
NEW YORK -- U.S. stocks closed mixed yesterday as the prospect of slower growth at Cisco Systems Inc. battered computer-networking companies, while tobacco shares gained for a second day.Trading was sluggish amid lingering speculation the Federal Reserve will again raise interest rates when its policy panel meets Tuesday, traders said. Higher rates make interest-bearing investments more attractive than stocks and threaten to crimp economic growth."That's the real reason you've seen volume dry up," said William Lord, vice president in equity trading at UBS Securities Inc. About 252 million shares changed hands on the New York Stock Exchange, lagging the 275 million daily average this week.
BUSINESS
By JULIUS WESTHEIMER | July 12, 2000
Have you prepared for your later years? "To have a comfortable retirement requires careful planning," says Martin Campbell, financial planner. "Start as early as possible. Young workers may think retirement is a long way off, but the longer you wait the harder it is to catch up. "Consider your age. The younger you are, the longer your time horizon and therefore the more aggressive you can be. "Diversify. An overall asset mix will help to protect you from the vagaries of the market. Diversification maximizes returns, minimizes risks."
BUSINESS
By BLOOMBERG NEWS | September 27, 2000
WASHINGTON - Cisco Systems Inc. filed yesterday to sell $14.3 million of stock in Akamai Technologies Inc., a maker of software for speeding delivery of information on the Internet. Cisco, the world's biggest maker of computer networking equipment, filed with the Securities and Exchange Commission to disclose plans to sell 250,000 shares of Cambridge, Mass.-based Akamai. San Jose, Calif.-based Cisco invested $49 million in Akamai in August 1999, before the initial public offering, as part of an alliance to develop technology to improve Web content delivery.
NEWS
By John Fritze, The Baltimore Sun | June 13, 2013
Baltimore Mayor Stephanie Rawlings-Blake got a rare opportunity to throw a question at former President Bill Clinton, courtesy of Bloomberg Businessweek -- and she used it to ask how the nation can stimulate a "more serious, bipartisan" discussion on infrastructure investment. In a piece published this morning called "What would Bill Do?" Clinton took questions from five business and civic leaders. Rawlings-Blake, a fellow Democrat, was the only elected official in the mix. "Cities and towns across America are struggling with the issue of crumbling infrastructure and how to finance new investment," Rawlings-Blake writes.
NEWS
By Susan Gvozdas and Susan Gvozdas,Special to The Baltimore Sun | October 23, 2008
Two years ago, Marilyn Wilhelm of Annapolis faced a difficult decision. Her husband had lost his job, and the family of six couldn't make it on the single income of a school day-care worker. Her sister suggested she look into a computer networking career, so she enrolled in the Cisco Networking Academy at Anne Arundel Community College. After two semesters of working part time and living off savings, Wilhelm became a Cisco-certified network associate. The entry-level certification ensures technicians know how to connect and manage the wiring and switches to link computers and provide Internet access.
FEATURES
By KEVIN COWHERD | April 17, 2006
Meet Dave Givens. He's certifiably insane. OK, that's not true. Actually, speaking on the phone from the San Jose, Calif., offices of Cisco Systems Inc., where he's an electrical engineer, Givens sounds like a pleasant man fully grounded in reality. But lots of people who hear his story might think he's nuts. See, Givens has a long commute to work each day. Sure, lots of people have long commutes. But not like this guy. No, Givens should have his own wing in the Commuters Hall of Fame.
NEWS
By CLARENCE PAGE | February 21, 2006
WASHINGTON -- Not a moment too soon, Congress is turning up the heat on the cozy relationship that Internet giants Google, Yahoo Inc., Microsoft Corp. and Cisco Systems conduct with China's cyber-police. Top executives from the four firms testified last week before a House subcommittee. The most intriguing questions concerned morality. The spokesmen said that although their companies don't like China's censorship of the Web, censored information is better than none. Besides, they argued, companies have to comply with the laws of the countries in which they operate.
BUSINESS
February 6, 2005
A weekly briefing on the economic calendar Monday Consumer credit for December Earnings: Clorox, Conseco, Goodrich, Hasbro, Humana, Louisiana-Pacific, WellPoint, Activision, Cendant Tuesday Earnings: EarthLink, Marriott, Taser International, Aon, Cisco Systems, Goodyear, Nationwide, Prudential Wednesday Wholesale inventories for December Earnings: Adolph Coors, American International Group, Aramark, Cigna, Diamond Offshore Drilling, Medtronic, MetLife,...
BUSINESS
By ANDREW LECKEY | July 4, 2004
I AM 27 years old, consider myself an aggressive investor and add a significant amount to my portfolio on a regular basis. I own shares of Cisco Systems Inc. What is the outlook for the company? - T.D., via the Internet The world's largest maker of equipment that directs Internet traffic is so confident that the economy and capital spending are improving that it plans to hire 1,000 workers through the rest of 2004. It recently launched its much-ballyhooed CRS-1 router that targets its largest customers.
BUSINESS
By BLOOMBERG BUSINESS NEWS | February 1, 1997
NEW YORK -- U.S. stocks advanced for a third day yesterday after a report on economic growth in the fourth quarter showed the economy is steaming ahead with few signs of inflation.The Dow Jones industrial average fell 10.77 to 6,813.09, while in the broad market higher prices for Intel Corp. and Cisco Systems Inc. drove up the Standard & Poor's 500 index by 1.99 to 786.16, less than a point below its Jan. 22 all-time high, and the Nasdaq composite index by 8.83 to 1,379.85.The Dow industrials climbed for most of the day, until a late-day decline in General Electric Co., General Motors Corp.
NEWS
By Laurie Willis and Laurie Willis,SUN STAFF | June 1, 2001
Need evidence that Baltimore's "digital divide" may be narrowing? At the Terraces public housing complex on Fremont Avenue in West Baltimore, two-thirds of the 203 units have computers. And since 1999, 143 Terraces residents have obtained jobs, including 62 technology-related positions with an average salary of just less than $21,000. The shrinking gap in computer literacy between the rich and poor was praised yesterday as Mayor Martin O'Malley and others celebrated at the Poe Power Plant Learning Center at the Terraces, where public housing residents are linking to the Internet, taking computer classes and becoming more self-sufficient.
BUSINESS
By BLOOMBERG NEWS | May 7, 2003
SAN JOSE, Calif. - Cisco Systems Inc., the world's largest maker of equipment to direct Internet traffic, reported yesterday a 35 percent increase in fiscal third-quarter net income as the company reduced costs. Net income was $987 million, or 14 cents a share, compared with $729 million, or 10 cents, a year earlier, Cisco said. Revenue in the quarter that ended April 26 fell to $4.62 billion from $4.82 billion. With little sign of a pickup in customer demand for the switches and routers that turned Cisco into the world's 18th-largest company by market value, Chief Executive Officer John T. Chambers has sliced costs and turned his attention toward new products such as wireless equipment and data storage.
NEWS
By Laurie Willis and Laurie Willis,SUN STAFF | June 1, 2001
Need evidence that Baltimore's "digital divide" may be narrowing? At the Terraces public housing complex on Fremont Avenue in West Baltimore, two-thirds of the 203 units have computers. And since 1999, 143 Terraces residents have obtained jobs, including 62 technology-related positions with an average salary of just less than $21,000. The shrinking gap in computer literacy between the rich and poor was praised yesterday as Mayor Martin O'Malley and others celebrated at the Poe Power Plant Learning Center at the Terraces, where public housing residents are linking to the Internet, taking computer classes and becoming more self-sufficient.
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