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Cisco Climbs Off Worst Levels But Remains Firmly Negative

Shares of Cisco Systems (CSCO) have climbed off their worst levels of the day but continue to see notable weakness in late-day trading on Thursday. After hitting its lowest intraday level in over a month, Cisco is currently down by 4.2 percent.

Cisco reported fiscal fourth quarter earnings that matched estimates. The networking giant also reported revenues that beat estimates but a drop in sales in its key security business.

by RTT Staff Writer

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