Cisco Systems Inc
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Information Technology : Communications Equipment | Large Cap Value
Company profile

Cisco Systems, Inc., is engaged in designing and selling a range of technologies across networking, security, collaboration, applications and the cloud. It operates through three geographic segments: Americas; Europe, Middle East, and Africa; and Asia Pacific, Japan, and China. Its product and technologies include infrastructure platforms; applications; security and other products. Infrastructure Platforms consists of its core networking technologies of switching, routing, data center products and wireless that are designed to work together to deliver networking capabilities and transport and store data. Application product category consists primarily of software-related offerings that utilize the core networking and data center platforms to provide their functions. Security product category primarily includes unified threat management products, threat security products and Web security products. Its subsidiary, ThousandEyes, Inc., offers Internet and cloud intelligence platform.

Postmarket

Last Trade
Delayed
$39.35
0.29 (0.74%)
Bid
--
Ask
--
B/A Size
--

Market Hours

Closing Price
$39.06
Day's Change
-0.07 (-0.18%)
Bid close
--
Ask close
--
B/A Size
--
Day's High
39.38
Day's Low
38.83
Volume
(Light)
Volume:
16,360,730

10-day average volume:
24,990,408
16,360,730

T-Mobile stock slips on creation of trust allowing SoftBank to cash out some shares

5:05 pm ET June 22, 2020 (MarketWatch)
Print

T-Mobile US Inc. (TMUS) shares slipped in the extended session Monday after the telecom company said it set up an agreement allowing SoftBank Group Corp. to cash out a portion of its shares. T-Mobile shares slipped 1.5% after hours, following a 0.3% decline to close the regular session at $106.60. The company said it set up a cash mandatory exchangeable trust where it plans to sell 27.9 million shares of common stock, or up to 30 million to cover over-allotments, to the trust, while buying back a similar number of shares from SoftBank.

-Wallace Witkowski; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

June 22, 2020 17:05 ET (21:05 GMT)

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