NEW YORK SHARES

U.S. stock futures point to a mixed start, with downbeat results out of Cisco Systems weighing on the tech sector and State Street lower after a fresh warning from the Boston giant. See full story. Economic Report: Jobless claims surge to highest in STOCKMARKET NEWS >

Feb. 5 (Bloomberg) -- U.S. stock-index futures fell before a report today that may show initial jobless claims held above 500,000 for a fourth week and as Cisco Systems Inc. forecast a drop in sales, adding to evidence the recession is deepening in STOCKMARKET NEWS >

SAN FRANCISCO (MarketWatch) -- Shares of Cisco Systems Inc. were up slightly Thursday even after the company posted a 27% decline in fiscal second-quarter earnings and issued a sales outlook well below projections. , , ) shares were initially lower in STOCKMARKET NEWS >

Credit Suisse analyst Paul Silverstein says until Cisco Systems' ( CSCO ) revenue growth rates stabilize and begin to expand, he sees the shares remaining range-bound with downward bias. Silverstein says guidance commentary supports his view that in STOCKMARKET NEWS >

NEW YORK (Reuters) - Stock index futures pointed to a lower open on Thursday after a grim outlook from network equipment maker Cisco Systems fueled worries over technology spending, ahead of new initial jobless claims data. The weekly report on the in STOCKMARKET NEWS >

Cisco's fiscal Q2 ended Jan. 24, about a month after other major tech companies mark their quarterly calendars. Cisco's fortunes, then, sometimes provide a window into the future of other companies in the market. If that's the case, there's more in STOCKMARKET NEWS >

Thursday, February 5, 2009 The results beat Wall Street expectations, and Visa shares rose nearly 8 percent after the regular trading session. The San Francisco company also reiterated expectations for earnings growth of more than 20 percent for its in STOCKMARKET NEWS >