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Cisco Outlook Underwhelms, Economy Fears Persist
yahoo.com 3 weeks, 1 day ago(Reuters) - Cisco Systems Inc forecast quarterly earnings below Wall Street's expectations, accentuating concerns about global technology spending and the network equipment maker's ability to weather persistent economic weakness. Shares in the company, which relies on government and corporate spending on Internet gear, slid more than 8 percent after hours, despite beating analysts' third-quarter earnings estimates by a penny. ...








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