Tuesday, June 2, 2009

E-Commerce News: Wall Street: Cisco Makes Itself at Home on the Dow

"We believe our inclusion in the Dow demonstrates not only Cisco's role as a broad technology indicator, but how remarkably the Internet and networking have transformed the way businesses and consumers connect, communicate and collaborate," Cisco said in a statement.

Intel and Microsoft were the first Dow components that are listed on the Nasdaq Stock Market rather than the New York Stock Exchange. Cisco will be the third.

The Dow Jones industrial average also includes the two largest telecommunications services providers in the U.S., AT&T (NYSE: T) More about AT&T and Verizon Communications More about Verizon, which both are major Cisco customers.
E-Commerce News: Wall Street: Cisco Makes Itself at Home on the Dow
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