Cisco's profit climbs 34%

4:30 pm ET May 8, 2007

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Cisco's profit climbs 34%

WASHINGTON
Cisco Systems Inc. on Tuesday said third-quarter profit leaped 34%, as
the company whetted a growing appetite by corporate customers and
Internet service providers for its networking gear.

Market Snapshot: U.S. stocks closemixed; Dow lower after matching
record

NEW YORK
U.S. stocks closed little changed Tuesday, with the Dow Jones Industrial
Average falling after matching an 80-year winning streak in the previous
session as investors took profits ahead of the Federal Reserve's meeting
on interest rates.