salesforce share surge
Tech Five: Cisco, Salesforce shares surge
Cisco Systems said in August that sales in Asia were flat in the latest quarter and fell 2% for the fiscal year. A pair of tech companies are on the move following quarterly results, while Fitbit could make a move into mobile payments. Shares of the networking giant are up more than 5% in early trading after beating Wall Street estimates for the third quarter. Cisco reported earnings of 57 cents a share off revenue of 12 billion. Analysts polled by S&P Global Market Intelligence projected earnings of 55 cents.