Cisco beats estimates...

Cisco Systems Inc. (CSCO). The networking equipment maker forecast revenue and earnings above Wall Street expectations as demand from government and enterprises for its network equipment remained resilient despite global economic troubles. It reported adjusted earnings of 43 cents per share for the fiscal first-quarter on revenue of $11.3 billion. It projected a 7 to 8 percent rise in fiscal second-quarter sales, translating to $11.13 billion to $11.2 billion in revenue.