Earnings alert: Cisco profit climbs
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Plus: Time Warner lowers earnings target...Electronic Arts lowers outlook, shares fall...Sony profit up, forecast cautious.
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Viacom Inc. on Thursday said its quarterly profit from continuing operations rose 12 percent on higher cable network advertising sales and announced a larger-than-expected stock repurchase, sending its shares up 3 percent.
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Cisco Systems Inc., the world's largest networking equipment maker, said Wednesday its fiscal second quarter profit climbed 7 percent, fueled by sales of a wide range of products and a broad customer base.
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Stock futures rose on Wednesday led by a rise in Nasdaq futures after tech bellwether Cisco Systems Inc.  posted a better-than-expected quarterly profit and outlook, reassuring investors about the strength of corporate profits.
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Plus: AT&T profit rises...Samsung SDI swings to loss...Outstanding earnings for Apple...Xerox profits from color printers.
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Shares on Wall Street are expected to open higher on Tuesday, as stronger oil prices are likely to underpin energy stocks and investors bet on strong earnings from network equipment maker Cisco Systems .
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Cisco Systems Inc. surprised investors  on Tuesday with a stronger-than-expected outlook and quarterly  profit as demand for network equipment to handle Web traffic  showed no signs of weakening, driving its shares up 5 percent.
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Stocks rallied on Wednesday, driving the Dow Jones industrial average to a record intraday high, after a strong profit and outlook from Cisco Systems Inc.  increased optimism about earnings.
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Stocks rallied on Wednesday, led by gains in the tech sector after Cisco Systems Inc.'s  strong profits and outlook reinforced optimism about earnings.
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Juniper Networks reported a second-quarter profit of $86.2 million, on a more-than-expected revenue increase of 17 percent.
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U.S. tech stocks rose on Wednesday after Cisco Systems Inc.'s  strong profits and outlook reinforced optimism about earnings. But blue chips fell as tumbling oil prices hurt energy companies' shares.
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Cisco Systems Inc. csco.o on Tuesday   reported quarterly revenue and income that exceeded market   expectations as companies upgraded their networks, sending its   shares up 9 percent.
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Cisco Systems Inc., the biggest maker of equipment that directs data over the Internet, on Tuesday said quarterly earnings rose 29 percent on rising demand for its networking gear.
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The health insurer Aetna posted a better-than-expected third-quarter profit yesterday as membership increased, and it projected that next yearâs earnings would grow faster than Wall Street expected.
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DECEMBER 13, 2004  - SAN JOSE -- Cisco Systems Inc.&#39;s prices have typically been higher than those charged by its smaller networking rivals.
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Plus: Alcatel outlook weak...Cisco profit climbs...Time Warner lowers earnings target...Electronic Arts lowers outlook, shares fall.
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Cisco (CSCO:Nasdaq - news - research) disappointed Wall Street Tuesday with a first quarter profit that was merely in line with estimates, rather than the customary penny ahead.