Cisco optimistic despite weaker outlook, thanks to possible cash repatriation
November 16, 2016 at 20:27 PM EST
Cisco Systems Inc.’s earnings call tried to impart an optimistic tone over some of President-elect Donald Trump’s business-friendly promises, such as a repatriation holiday to bring back some cash outside the U.S. and a lower corporate tax rate, while its outlook weighed on investors.