Valleywag
Network equipment manufacturer Cisco reported a 10 percent increase in revenue to $9.8 billion, but a 5.4 percent drop in net income due to operating and acquisition costs. Trading volume spiked just before the closing bell, but the stock gained only a tenth of a point over yesterday's close. [WSJ] (Photo by AP/Michel Euler)
Cisco earnings up, net income down reports CEO John Chambers
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2:40 PM on Tue May 6 2008
By Jackson West
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