Monday, October 17, 2011

Cisco Systems (NASDAQ:CSCO) To Work With USAID

Cisco Systems (NASDAQ:CSCO) has entered into a Russian partnership deal with
USAID. Cisco Systems (NASDAQ:CSCO) To Work With USAID Under this new deal, Cisco
Systems (NASDAQ:CSCO) and the U.S. Agency for International Development (USAID)
will fund up to $50 million in programs expected to increase the use of IT by
government and civilians in Russia. Mikhail Pakhomov, director of government
affairs at Cisco Systems (NASDAQ:CSCO) in Russia said, "We have pretty huge
potential for growth here (in Russia), and it is pretty obvious that without
entrepreneurship skills and education its not achievable. Thats why we support
it." Cisco Systems Inc. (NASDAQ:CSCO) stocks were at 17.42 at the end of the
last days trading. Theres been a 12.9% change in the stock price over the past 3
months. Cisco Systems Inc. (NASDAQ:CSCO) Analyst Advice Consensus Opinion: Hold
Mean recommendation: 2.4 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 2.54 Zacks
Rank: 3 out of 24 in the industry

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