Also

* Cisco Systems Inc., the world’s largest maker of equipment to link computers, authorized the repurchase of as much as $7 billion in common shares. The board had authorized as much as $13 billion in buybacks.

* McDonald’s Corp., the world’s largest restaurant chain, will use skateboarder Tony Hawk in its “I’m loving it” advertising campaign to try to relate better to younger customers. The campaign starts in the U.S. on Monday, the company said.