Tuesday, May 06, 2008
Cisco reports higher revenue despite economy worries
Cisco reports higher revenue despite economy worries
May 06, 2008 04:21 PM ET
NEW YORK (Reuters) - Cisco Systems Inc on Tuesday reported a rise in
quarterly revenue as growth in Internet traffic supported
sales of network equipment despite concerns of a slowing U.S. economy.
Nasdaq rises 1 percent in late trading
May 06, 2008 03:20 PM ET
NEW YORK (Reuters) - The Nasdaq briefly rose 1 percent in late trading
on Tuesday, with technology shares gaining on speculation
that Microsoft Corp and Yahoo Inc will resume takeover talks.
Disney results beat Wall Street, shares rise 3 pct
May 06, 2008 04:37 PM ET
LOS ANGELES (Reuters) - Walt Disney Co on Tuesday posted a
better-than-expected
22 percent rise in quarterly earnings on double-digit growth at its
movie studio, theme parks and media networks, sending its shares up 3
percent.
