Detailed text transcripts for TV channel - CNN - 20110407:08:36:00
The tech sector offset a disappointing report on crude oil inventories that hurt energy stocks. at the close, the dow gained 32 points, ending at 12,42. the nasdaq and the s&p 500 each ended slightly higher was well. shares of cisco systems gained 5%, leading the dow. ceo john chambers is promising big changes from the company. analysts are speculating that changes will mean cisco will narrow its focus and sell off business units, including its line of consumer products in order to re-assert its role as the dominant player the networking equipment market. cisco is the worst performing stock on...
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