Cisco Sales, Profit Top Estimates on Mobile Demand

May 14 (Bloomberg) -- Cisco’s third-quarter sales and profit topped analysts’ estimates, as rising data traffic from smartphones and tablets fueled demand for networking equipment while the company cut costs. Rhino Trading's Michael Block and Bloomberg's Cory Johnson and Olivia Sterns take a look at the numbers on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Credit Suisse Boosts Bonus Pool by $3.1 Billion
24:29 - Credit Suisse is taking a different path than its peers by boosting the firm's bonus pool by six percent to $3.1 billion in an effort to hold on to talent. Bloomberg Gadfly columnist Lionel Laurent reports on "Bloomberg Markets: European Close." (Laurent is a Bloomberg Gadfly columnist. The opinions expressed are his own.) (Source: Bloomberg)
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