The mathematician of the Complutense University of Madrid, José-Vidal Ruiz Varela, argues that Europe must raise its borrowing limit, leaving its deflationary policy.
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Cisco to cut 4,000 jobs

Cisco Systems on Wednesday said the company is cutting 5% of its global workforce, or roughly 4,000 positions
The company also posted a quarterly outlook that fell below Wall Street projections
Cisco said it expects year-over-year revenue growth of 3% to 5%, compared with a consensus expectation of 5%
Chief Financial Officer Frank Calderoni said the networking giant was "managing the business to account for slow inconsistent recovery."

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geniopolis.net dijo...

SAN FRANCISCO (MarketWatch) - Cisco Systems Chief Executive John Chambers said the technology market remains uncertain, saying the company saw "what continues to be a challenging and inconsistent global macroeconomic environment." In a call with analysts, Chambers said, "I haven't seen anything to suggest that this dynamic will change in the short term. But this recovery is more mixed and inconsistent than the others I have seen." Cisco reported higher fiscal fourth-quarter profit, on mostly in-line revenue.

geniopolis.net dijo...

SAN FRANCISCO (MarketWatch) - Cisco Systems Inc. on Wednesday reported a fiscal fourth-quarter profit of $2.27 billion, or 42 cents a share, compared with a profit of $1.92 billion, or 36 cents a share. Revenue rose to $12.42 billion from $11.69 billion. Adjusted profit was 52 cents a share. Analysts polled by FactSet on average were expecting the networking giant to report an adjusted profit of 51 cents a share, on revenue of $12.41 billion.