John Chambers

Cisco Systems (NASDAQ: CSCO) reported first-quarter 2010 fiscal year earnings of 36 cents per share, 5 cents better than the analyst consensus of 31 cents per share. Revenue for the quarter was $9 billion, ahead of the market estimate of $8.74 billion.

The $9 billion in revenue for Cisco is a 13 percent decline from the same quarter last year ...

SAN JOSE, CA -- (MARKET WIRE) -- 11/04/09 -- Cisco (NASDAQ: CSCO) Q1 Net Sales: $9.0 billion (decrease of 13% year over year) Q1 Net Income: $1.8 billion GAAP; $2.1 billion non-GAAP Q1 Earnings per Share: $0.30 GAAP (decrease of 19% year over year); $0.36 non-GAAP (decrease of 14% year over year) Total Cash, Cash Equivalents and Investments: $35.4 billion Cisco (NASDAQ: CSCO), the worldwide leader in networking that transforms how people connect, communicate and collaborate, today reported its first quarter results for the period ended October 24, 2009. Cisco reported first quarter net sales of $9.0 billion, net income on a generally accepted accounting principles (GAAP) basis of $1.8 billion or $0.30 per share, and non-GAAP net income of $2.1 billion or $0.36 per share. Commenting on the quarter, Chairman and Chief Executive Officer John Chambers noted, "Building off what we saw as a clear tipping point in Q4, our Q1 results continued to reflect strong sequential growth trends that meet or exceed expectations ...

SAN JOSE, CA -- (MARKET WIRE) -- 11/03/09 -- Cisco (NASDAQ: CSCO) and EMC, together with VMware will discuss the new Virtual Computing Environment Coalition and how it will help organizations simplify and accelerate pervasive virtualization and the transition to private cloud infrastructures. What: News webcast When: Nov. 3, 2009 at 8:30 a.m. PST Who: News Webcast will be hosted by: John Chambers, chairman and CEO ...

SAN JOSE, CA -- (MARKET WIRE) -- 11/03/09 -- Cisco (NASDAQ: CSCO) and EMC, together with VMware, today introduced the Virtual Computing Environment coalition, an unprecedented collaboration of three information technology (IT) industry leaders. The coalition has been created to accelerate customers' ability to increase business agility through greater IT infrastructure flexibility, and lower IT, energy and real estate costs through pervasive data center virtualization and a transition to private cloud infrastructures. Cisco, EMC and VMware have worked closely over the past year on a shared vision for the future of enterprise IT infrastructure -- private cloud computing. A private cloud is a virtual IT infrastructure that is securely controlled and operated solely for one organization. It can be managed either by that organization or a third party, and it can exist on or off premises or in combination. Private cloud computing offers the controls and security of today's data center with the agility required for business innovation at substantially lower costs. Worldwide ...

CALGARY, Oct. 29 /PRNewswire/ - FirstEnergy Capital ("FirstEnergy"), Canada's leading energy-focused investment bank, is pleased to announce the official opening of its office in London, England and the expansion of its energy-focused investment banking activities internationally. FirstEnergy's UK operations will provide European and international clients a full suite of energy investment banking services, including capital raising, equity research, sales & trading, corporate mergers & acquisitions, and oil and gas property acquisitions & divestitures. The opening of the office in London also brings FirstEnergy's North American clientele closer to UK and other European investors who continue to maintain a high degree interest in investing in North American energy assets. "Having thoroughly established our credentials in North America, we felt the timing was right to make a serious push to expand globally," commented Jim Davidson, Chairman and CEO of FirstEnergy. "Not only has our alliance with Societe Generale opened many doors and product expansion ...