Cisco Systems Inc. dodged significant fallout from the trade fight between the U.S. and China, posting strong growth in sales of its networking gear even as it raised prices to deal with the spat. Shares rose 3.7% in after-hours trading Wednesday after Cisco delivered quarterly results and guidance that topped Wall Street forecasts, and said it would return more cash to shareholders.
Source: Wall Street Journal February 13, 2019 21:30 UTC