MAC

REDMOND, Wash. (TheStreet) -- Cisco router (CSCO_) was, once again, the big story of the week after it reported underwhelming third-quarter numbers following market close Wednesday. Despite beating earnings estimates, Cisco delivered a weak outlook for a third consecutive quarter, and saw its shares tank... Cisco also provided additional details of its restructuring plan on its conference call. The company said it plans to implement a headcount reduction this summer and that it's targeting $1 billion in cost reductions by the end of fiscal year 2012.