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Features

  • Wall Street Beat: IT sales down but analysts hike estimates

    IT and communications bellwethers Sprint, Alcatel-Lucent, Cisco and Symantec this week reported sagging quarterly sales, but analysts, impressed by cost controls and hopeful that a bottom to the tech market has been reached, raised estimates on share price valuations and earnings of some vendors.

    Written by Marc Ferranti08 May 09 10:08
  • Cisco quietly downsizing through outsourcing

    When Cisco celebrated the fifth anniversary of its New England Development Center last year - a ceremony attended by Massachusetts Congresswoman Niki Tsongas and a representative from Gov. Deval Patrick’s office - the company was quietly preparing to move several jobs from there and other locations to contractors in India and elsewhere, mostly in the company's Network Management Technology Group (NMTG).

    Written by Jim Duffy13 March 09 10:26
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