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News Breaks
January 14, 2013
16:08 EDTGSIT, CSCOGSI Technology raises Q3 revenue view to $17.5M from $15M-$16M
Consensus $15.5M. GSI also reported that Q3 direct and indirect sales to its largest customer, Cisco Systems (CSCO), are expected to be approximately $6.5M, compared to $4.9M in the previous quarter. In addition, shipments to military customers were up significantly compared to the prior quarter. The company cautioned that these results are preliminary and subject to change and expects to release its Q3 financial results after the market close on Thursday, January 31.
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July 22, 2014
15:07 EDTCSCOEarnings Preview: Microsoft to report after Nadella makes big job cuts
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08:14 EDTCSCOCisco to establish Global IoE Innovation Center in Barcelona
Cisco and Barcelona City Council announced plans to open a Cisco Global IoE Innovation Center in Barcelona. The Innovation Center will provide a platform for research, technological development and new market opportunities related to the Internet of Everything for smart cities. The new 1,720 SQM Cisco center will be located at Ca l'Alier, a 19th century heritage building at the core of the 22@Barcelona district, as part of the new Smart City Campus. Based on its current plans, from 2015 to 2020, Cisco intends to invest close to $30M in the facilities' restoration, innovation lab, IT equipment, and talent acquisition primarily in engineering, application development and research.
July 15, 2014
08:35 EDTCSCOCisco announces multi-year sales, go-to-market agreement with Microsoft
Cisco (CSCO) announced a multi-year sales and go-to-market agreement with Microsoft (MSFT) designed to modernize data centers through the delivery and acceleration of integrated solutions. Cisco and Microsoft will both invest in sales, marketing and engineering resources to drive global alignment, while delivering deeper technology integration across cloud and data center markets. The companies will focus on integrating market leading technologies, including Cisco Unified Computing System, Cisco Nexus switching and Microsoft Cloud OS solutions including Windows Server, System Center, SQL Server and Microsoft Azure.
05:53 EDTCSCOStocks with implied volatility movement; CSCO WMT
Stocks with implied volatility movement; Cisco (CSCO) 23, Wal-Mart (WMT) 13 according to iVolatility.
July 9, 2014
09:11 EDTGSITGSI Technology commences $25M modificed Dutch auction self-tender offer
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08:56 EDTGSITGSI Technology trading halted, pending news
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07:14 EDTCSCOTech Data announces U.S. distribution agreement with Cisco
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