Cisco Systems (NASDAQ:CSCO) Makes $50m China Investment

Cisco Systems (NASDAQ:CSCO) has invested $50 million to set up healthcare
networked infrastructure in Sichuan. Cisco Systems (NASDAQ:CSCO) Makes $50m
China Investment To help the earthquake hit Sichuan province of China, Cisco
Systems (NASDAQ:CSCO) has invested more than $50 million for the construction of
advanced healthcare networked infrastructure. The company invested in the
Connect Sichuan project to help to restore and revitalize a better life to the
people. The Connect Sichuan project was formed after the earthquake that hit
Sichuan in 2008. Cisco Systems (NASDAQ:CSCO)'s CEO John Chambers said, "This
remarkable partnership extended to all levels of government and represented a
joint effort between Cisco Systems (NASDAQ:CSCO) and Sichuan to create
healthier, more prosperous communities through the implementation of ICT
technologies". Cisco Systems Inc. (NASDAQ:CSCO) shares were at 16.51 at the
end of the last days trading. Theres been a 9.1% movement in the stock price
over the past 3 months. Cisco Systems Inc. (NASDAQ:CSCO) Analyst Advice
Consensus Opinion: Hold Mean recommendation: 2.37 (1=Strong Buy, 5=Strong Sell)
3 Months Ago: 2.49 Zacks Rank: 6 out of 23 in the industry