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Penny Yi Wang

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Penny Yi Wang

Penny Yi Wang

Journalist

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Cisco

Sagging offshore sales pinch Cisco earnings

By Penny Yi Wang for Medill News Service Cisco Systems Inc., reported a fiscal first quarter profit decline in line with expectations  and reiterated a flat outlook, as emerging markets — which earlier fueled the Internet-equipment maker’s growth — continue to soften. For the quarter ended on October 25, net income of the router maker declined 8.4 […]

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