SOLID PERFORMANCE: Cisco System Inc.’s latest quarterly earnings rose 44 percent to exceed analyst forecasts. The results received a big boost from tax-benefits and credits, but they still would have been better than the previous year, even without those one-time gains.

BROADER IMPLICATIONS: Investors view Cisco’s numbers as a good bellwether for the state of the technology market because its computer networking equipment and services are sold to major companies and government agencies throughout the world.

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