Readers: 6 | Updated: 05-07

Cisco earnings up, net income down reports CEO John Chambers [Earnings]

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cisco_ceo_john_chambers.jpgNetwork 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)




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