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7:23 PM | September 07


Breakout Stocks: Cisco (CSCO)

Friday,05 February,2010

Cisco’s (CSCO) results and outlook made the tech bellwether the only Dow advancing stock. The company, which is seen as a key barometer of business spending, beat the Street with a non-GAAP profit of 30 cents, forecasted a strong recovery and predicted revenue will grow by a better-than-expected 23% to 26% during the current quarter.

 


 
                                          

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