Cisco Systems (CSCO) Raises Quarterly Dividend 23.8% to $0.26; 4.6% Yield

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Jefferies Upgrades Cisco (CSCO) to Buy

February 11, 2016 6:52 AM EST

Jefferies upgraded Cisco (NASDAQ: CSCO) from Hold to Buy with a price target of $27.50 (from $26.00).

Analyst George Notter commented, "Cisco's results and guidance were consistent with our prior views they hit the quarter and guided down modestly relative to Street expectations. Their commentary about the... More

Cisco Systems (CSCO) Announces $15B Buyback

February 10, 2016 4:12 PM EST

In addition to earnings, Cisco Systems (NASDAQ: CSCO) announced that its board of directors has also approved a $15 billion increase to the authorization of the stock repurchase program. Cisco's board had previously authorized up to $97 billion in stock repurchases. There is no fixed... More

Cisco Systems (CSCO) Tops Q2 EPS by 3c, Guides Q3 EPS In-Line

February 10, 2016 4:09 PM EST

Cisco Systems (NASDAQ: CSCO) reported Q2 EPS of $0.57, $0.03 better than the analyst estimate of $0.54. Revenue for the quarter came in at $11.9 billion versus the consensus estimate of $11.76 billion.

GUIDANCE:

Cisco Systems sees Q3 2016 EPS of $0.54-$0.56, versus the consensus of... More

Cisco Systems (CSCO) Tops Q2 EPS by 3c

February 10, 2016 4:08 PM EST

Cisco Systems (NASDAQ: CSCO) reported Q2 EPS of $0.57, $0.03 better than the analyst estimate of $0.54. Revenue for the quarter came in at $11.8 billion versus the consensus estimate of $11.76 billion.