Word: cisco
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Dates: during 2000-2009
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...America's future, is right. This desperate image of the national economic life assumes that the innovative power of American business cannot build another huge sector the way that it did in the 1970s with the rise of the great technology companies like Microsoft (MSFT), Intel (INTC), and Cisco (CSCO), and twenty years later Google (GOOG) and the second reincarnation of Apple (AAPL), which was built on nothing more than the ingenuity behind the iPod and the Mac. (See pictures of the iPhone...
...No.3 U.S. car company may only have $35 billion in revenue this year. If that is true, it would not be among the top seventy companies in the Fortune 500. Its 2009 sales may be less than Apple's (AAPL). With 54,000 employees, Chrysler has fewer workers than Cisco (CSCO...
...since axed from payroll 17,500 employees, including its ousted American CEO, Patricia Russo, in what has turned into a restructuring and cultural nightmare. "There are no bronze medals in the telecom-equipment market," says analyst Duncan Stewart of Toronto-based DSAM Consulting. He says Silicon Valley's Cisco Systems and Sweden's Ericsson have the biggest market share, fattest margins and most cash to see them through this downturn...
...April 20 that the city of Miami was launching a $200 million smart-grid initiative that would connect virtually every home and business in Miami-Dade County by 2011 was so important. Led by the greenish utility giant Florida Power & Light (FPL) - with corporate behemoths like General Electric and Cisco and the bright startup Silver Spring Networks - the Miami smart-grid program will be by far the largest in the U.S. If it succeeds, FPL plans to invest another $500 million to roll out the service to all of its 4.5 million customers. "This is not a science-fair project...
...those students is Scott Harlin, 40, whose job as a drug- and alcohol-rehabilitation counselor was wiped out by state budget cuts two years ago. He's now studying at Columbus Technical College, in Columbus, Ga., to become a Cisco certified network engineer. Says Harlin (whose grade point average thus far is 4.0): "Jobs are so hard to come by right now. Why not study and get qualified to do something that will be marketable later?" He adds, "I've always thought about going back to school, but I probably wouldn't have done it if I hadn't gotten...