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Cisco looks to salesman Robbins for tech leadership

SEATTLE, May 4- Chuck Robbins, the veteran salesman chosen by Cisco Systems Inc to succeed legendary CEO John Chambers, must prove he has the technical knowledge to chart a new course and lead the network equipment maker into the new world of cloud-based computing. Cisco, like tech stalwarts Hewlett-Packard Co and IBM, is trying to branch out from its core business...
Source: Reuters | By: Bill Rigby
Cramer Remix: Buffett made the biggest impact here

The Oracle Of Omaha had a ripple effect on Wall Street and "Mad Money" host Jim Cramer tracks it down.
Source: CNBC.com | By: Abigail Stevenson
Cramer: A triple threat triggering your portfolio

Jim Cramer sees there was a triple-threat combination of events out there that is bringing the market higher. Could it be impacting your portfolio?
Source: CNBC.com | By: Abigail Stevenson
Cramer: Why markets rallied  

Mad Money host Jim Cramer thinks the Warren Buffett" halo", the notion of a peaked dollar and Wall Street's interest in growth stocks contributed to today's upward momentum.
Source: CNBC.com
Cisco shakeup: Chambers steps down  

Cisco long-time CEO John Chambers is stepping down in July. Insight on the challenges the incoming CEO will face, with Dan Morgan, Synovus Trust.
Source: CNBC.com
Story's in the bond market: Pro  

Dissecting the day of trading, with CNBC contributor Evan Newmark, and CNBC's Jon Fortt.
Source: CNBC.com
Stocks close higher as Street eyes data, Fed speakers; financials lead

U.S. stocks closed higher, following positive momentum from Europe, as investors looked to Fed speeches and data for signals on rate hike timing.
Source: CNBC.com | By: Evelyn Cheng
Cisco shares' highs and lows in Chambers' 20 years as CEO

May 4- During John Chambers' 20- year reign at Cisco Systems Inc, the network equipment maker's shares rose more than 1,470 percent and its annual revenue grew from $1.2 billion to $47 billion. However, Cisco shares have lagged every year for the past six years. In 2011, Cisco became the last of the "horsemen" to begin paying a dividend; Microsoft started regular...
Source: Reuters
UPDATE 4-Cisco veteran Robbins to take over as CEO from Chambers

May 4- Cisco Systems Inc Chief Executive John Chambers will step down in July after 20 years at the helm of the network equipment maker, a symbol of the dot.com stock boom 15 years ago now struggling to boost its bottom line in the era of cloud computing. Wall Street analysts said a change was expected and could signal a refocusing of Cisco, which acquired dozens of...
Source: Reuters | By: Bill Rigby
Trading Nation: New CEO for Cisco  

Michael Genovese, MKM Partners Analyst, and Andrew Burkly, Oppenheimer, discuss what they make of Cisco picking up a new CEO.
Source: CNBC.com