| Tech Stock News and Analysis |
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| Thursday, November 09, 2006 |
Cisco Systems pushed technology stocks higher Thursday after the world's largest networking equipment maker reported a 28 percent jump in fiscal first-quarter profit.
CSCO surged $1.90, or 7.6 percent, to $27. The company said its acquisition of Scientific-Atlanta Inc. pushed sales up 25 percent. UBS also upgraded the stock on the results, and predicted strong future growth. |
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