Photographer: David Paul Morris/Bloomberg

Cisco Jumps on Forecasting Sales Growth Amid Global Slowdown

  • Revenue in current quarter may increase as much as 4 percent
  • Company not `seeing any kind of panic,' CEO Robbins says

Cisco Systems Inc., whose equipment is the backbone of the Internet, jumped the most in almost three years after predicting sales that may beat some analysts’ estimates, countering concern that corporate spending is falling off amid signs the global economy is weakening.

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