Cisco Systems (CSCO) Affirms FY14 Revs Outlook; Will Take 'Significant Actions' to Transform Company - CEO Chambers
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Price: $121.10 -0.6%
Revenue Growth %: +14.7%
Financial Fact:
Provision for income taxes: 631M
Today's EPS Names:
PLCE, COE, JVA, More
Revenue Growth %: +14.7%
Financial Fact:
Provision for income taxes: 631M
Today's EPS Names:
PLCE, COE, JVA, More
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Cisco Systems (Nasdaq: CSCO) sees Q1 revs flat to up 1 percent, with the estimate unchanged from the prior quarter. The company sees reinvesting nearly all of its cost-savings back into the business.
No bounce back of emerging markets is expected for "several quarters."
CEO John Chambers says he will take significant actions
to transform the company.
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