Expecting and it didnt stop there. Ciscos outlook for the Current Quarter was upbeat as well. The dow component increased its dividend and added 15 billion to its buyback. Earned 53 cents a share, 3 cents better than estimates. Revenue for the quarter around 12 billion, a slight decline from a year ago. As for the stock, shares took off initially after that report was released. And the results come at a tough time for the tech sector. As josh lipton explains, ciscos report was closely watched as a proxy for business spending. Reporter tech has tanked with the nasdaq now down more than 10 so far this year, a big part of the concern, the Global Economic slowdown Means Companies are spending less on technology. Thats why tech investors were so interested to hear from cisco which is seen as a barometer of corporate i. T. Spending. It generated 49 billion in revenue in its last fiscal year, so the bottom line is, it was very big, it remains big, and its Earnings Report is important for folk
There. Ciscos outlook for the Current Quarter was upbeat as well. The dow component increased its dividend and added 15 billion to its buyback. Earned 53 cents a share, 3 cents better than estimates. Revenue for the quarter around 12 billion, a slight decline from a year ago. As for the stock, shares took off initially after that report was released. And the results come at a tough time for the tech sector. As josh lipton explains, ciscos report was closely watched as a proxy for business spending. Reporter tech has tanked with the nasdaq now down more than 10 so far this year, a big part of the concern, the Global Economic slowdown Means Companies are spending less on technology. Thats why tech investors were so interested to hear from cisco which is seen as a barometer of corporate i. T. Spending. It generated 49 billion in revenue in its last fiscal year, so the bottom line is, it was very big, it remains big, and its Earnings Report is important for folks that want an updated view
There. Ciscos outlook for the Current Quarter was upbeat as well. The dow component increased its dividend and added 15 billion to its buyback. Earned 53 cents a share, 3 cents better than estimates. Revenue for the quarter around 12 billion, a slight decline from a year ago. As for the stock, shares took off initially after that report was released. And the results come at a tough time for the tech sector. As josh lipton explains, ciscos report was closely watched as a proxy for business spending. Reporter tech has tanked with the nasdaq now down more than 10 so far this year, a big part of the concern, the Global Economic slowdown Means Companies are spending less on technology. Thats why tech investors were so interested to hear from cisco which is seen as a barometer of corporate i. T. Spending. It generated 49 billion in revenue in its last fiscal year, so the bottom line is, it was very big, it remains big, and its Earnings Report is important for folks that want an updated view
Greeley police can tell us more about what a witness described as a shootout. Crime scene tape blocked off an area near the Village Green apartments late last night. We saw several police cars there. And officers wakling in and out of the crime scene. Police say they were investigating a shooting in the area of 26th avenue and 13th street. A witness told us he heard a loud sound last night and then looked out his window. Geoffrey vaughn went into several apartments. We called Greeley Police this morning to find out exactly what happened and if anyone was arrested. Or hurt. We havent heard back. A mesa county deputy will help save a few more lives before his death. Deputy derek geer was shot monday. Doctors say he wont survive. Before they take him off life support, geer will donate his organs. Geer was responding to a call about an armed and suspicious teenager in Grand Junction when the shooting happened. The Sheriffs Office says geer fired his taser and the 17 year old fired a gun. D
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