Cisco Surges 9%: Street Cheers Higher Dividend, Resilience

Tech Trader Daily
By Tiernan RayFeb 11, 2016, 10:58 am121 pts
Shares of Cisco Systems (CSCO) are up $1.99, or 9%, at $24.50, following a fiscal Q2 report yesterday afternoon that topped expectations; an in-line forecast for revenue this quarter; a 24% hike in the company’s dividend; a conference call following the report; and some fairly upbeat comments on this blog…

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