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.
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...
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...
| By: Bill Rigby
YouNow ahead of competitors: Fred Wilson Fred Wilson, Union Square Ventures founder, discusses Cisco naming Chuck Robbins the next CEO; the up and coming world of live video; and the Apple Watch.
Bill Gates: Low rates pose leverage, bubble risks Microsoft Chairman Bill Gates said Monday he's concerned about the negative ramifications of continuing low interest rates not only in the U.S. but around the world.
| By: Matthew J. Belvedere
Buffett on the Fed: Yellen's hands are tied Warren Buffett, Berkshire Hathaway CEO; Charlie Munger, Berkshire Hathaway vice-chairman, and Bill Gates, Microsoft chairman, discuss the economy and the job Janet Yellen is doing at the Fed.