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“It certainly is one of the more complex macro geopolitical environments that I think we’ve seen in quite a while with all the different moving parts,” Robbins said. “But to be honest, from the first day of the quarter to the last day of the quarter, we saw zero difference.”. Robbins, who took the helm in July 2015, has made acquisitions a central part of his efforts to add muscle to the hardware giant’s newer growth areas such as the cloud, internet of things and cyber security tateossian cufflinks concorde.
Under Robbins, Cisco has pivoted to software and cyber security to make up for slowing demand for its routers and switches as companies increasingly shift to cloud services offered by Amazon.com Inc, Microsoft Corp and Alphabet Inc instead of building their own networks tateossian cufflinks concorde. “Strong growth in areas like security and software-defined networking are indicative of Cisco staying a leader in nascent technologies and possibly turning into more spend per customer or opening up new opportunities,” Morningstar analyst Mark Cash said..
The company said it expects third-quarter revenue growth of 4 percent to 6 percent, implying a range of between $12.96 billion and $13.21 billion. Analysts were expecting $12.84 billion tateossian cufflinks concorde. In the latest quarter, revenue from its application software businesses rose 24 percent to $1.47 billion. Security business, which sells firewall protection and breach detection systems, also posted an 18 percent jump in sales to $658 million. Sales in its infrastructure platform business, which includes the company’s traditional business of switches and routers, rose 6 percent to $7.13 billion..
(Reuters) – A key supplier of talc used in Johnson & Johnson’s baby powder filed for Chapter 11 bankruptcy on Wednesday in the wake of multibillion-dollar lawsuits alleging its products caused ovarian cancer and asbestos-related mesothelioma. Imerys Talc America, the U.S. unit of French group Imerys SA, said it filed for bankruptcy because it lacks the financial clout to defend against nearly 15,000 lawsuits over its talc mineral product tateossian cufflinks concorde. Imerys said that while it continued to believe the lawsuits are without merit, the prospect of rising settlement and defense costs over the next few years prompted the decision to file for bankruptcy..
They also cite a multibillion-dollar verdict against Johnson & Johnson and the ensuing media attention as factors that led to the Chapter 11 filing. In July, a Missouri jury ordered J&J to pay a record $4.69 billion to 22 women who said asbestos in talc caused ovarian cancer tateossian cufflinks concorde. The healthcare conglomerate has said it is appealing that verdict. Imerys settled for an undisclosed amount prior to the trial. Imerys and J&J have repeatedly denied the allegations, saying numerous studies and tests by regulators worldwide have shown their talc to be safe..