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Cisco CEO: Uncertainty From Europe Driving Lower Guidance -Fox Business

DOW JONES NEWSWIRES Cisco Systems Chief Executive John Chambers said Thursday that uncertainty from Europe is behind the company's lower guidance on upcoming earnings. "The first and most major [issue] is uncertainty in Europe" and that some of the challenges facing southern Europe have spread to central and northern Europe, Chambers told Fox Business Network in an interview. "The second part is uncertainty on CEOs," Chambers added, referring to caution in markets. "Not on the mid-size companies, but in the very large companies that, until they see more predictability in terms of what's going to happen in Europe, and more predictability on some of the government policies, you see them not putting on the brakes, but you see them lifting up their foot off the gas pedal to watch." Website: www.foxbusiness.com -Dow Jones Newswires; 212-416-2900

Stock News for Cisco Systems (CSCO)
DateTimeHeadline
06/24/201617:06:01Statement of Changes in Beneficial Ownership (4)
06/24/201611:52:00ITC Issues Split Determination in Arista/Cisco Patent Dispute...
06/23/201620:50:00ITC Issues Split Determination in Arista/Cisco Patent Dispute
06/23/201616:33:30Current Report Filing (8-k)
06/22/201618:22:38Statement of Changes in Beneficial Ownership (4)
06/22/201618:20:52Amended Statement of Beneficial Ownership (3/a)
06/21/201605:59:00Companies Try a New Strategy: Empathy
06/16/201617:07:42Statement of Changes in Beneficial Ownership (4)
06/15/201616:28:00Cisco Proposes Plan to Monitor Data Centers--Update
06/15/201616:20:00Cisco Proposes Plan to Monitor Data Centers
06/15/201616:11:00Cisco Proposes Plan to Monitor Data Centers
06/14/201617:47:44Statement of Changes in Beneficial Ownership (4)
06/14/201617:46:10Statement of Changes in Beneficial Ownership (4)
06/14/201617:45:15Statement of Changes in Beneficial Ownership (4)
06/14/201617:43:28Statement of Changes in Beneficial Ownership (4)
06/14/201617:40:57Statement of Changes in Beneficial Ownership (4)
06/13/201619:00:00Companies Pledge to Review Pay to Address Inequalities
06/08/201601:00:00The Millennials Won't Save You, but Culture Can
06/07/201616:27:42Current Report Filing (8-k)
06/06/201617:10:00Cisco's Famed Development Team Resigns

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