Cisco Stock Pops on Higher Outlook, $15B Buyback Boost

Cisco Systems (CSCO) reported fiscal second-quarter results that topped analysts’ expectations and raised its full-year guidance, sending shares higher in extended trading Wednesday. The networking-equipment provider posted revenue of $14 billion, up 9$3.8 billion, or 94 cents per share, from $3.5 billion, or 87 cents per share, a year earlier, also topping expectations.  Cisco said the gains came a ...