Cisco: In the past few months, CEO John Chambers has signaled that he's accepting long-standing criticism that the company is trying to compete in too many markets. He has vowed to radically simplify the company.
After rising more than 75 points on Tuesday, the Dow dropped 130 points on Wednesday
Dow rises 75 points as stocks put together a three-day rally. But Microsoft falls after it announces purchase of Internet calling company Skype.
The American consumer is coming back, and big, boring companies are on the rise
Dow closes up 54 points, after moving more than 170 points higher. For the week, all three major US indexes fell more than 1 percent.
Doing so costs more for Eyal Waldman than outsourcing to Eastern Europe. But the CEO of Israel's Mellanox Technologies says the investment in peace is worth it.
Tech stocks received a boost with Intel and VMware leading the charge along with IBM. Apple, Cisco Systems, and Hewlett-Packard have yet to report, but Apple's iPad has been accused of hurting personal computer sales.
After Standard & Poor's downgraded its outlook on US debt Monday and sent stocks downward, stocks rose on Tuesday, with the Dow gaining about 65 points