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Extreme Networks Is The Next Major Networking Player
Thursday, March 30, 2017 - 10:15am | 383Read More...Extreme Networks, Inc (NASDAQ: EXTR) announced plans to purchase data center switching, routing and analytics assets that are currently part of Brocade Communications Systems, Inc. (NASDAQ: BRCD) (Sell Rated) from Broadcom Ltd (NASDAQ: AVGO), following the sale of Brocade to Broadcom next quarter....
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Christmas Came Early For Broadcom Investors
Friday, December 9, 2016 - 11:24am | 345Read More...Following a beat/raise quarter for Broadcom Ltd (NASDAQ: AVGO), Oppenheimer commented that Christmas has come early for investors in the shares of the company. Stellar Fiscal Fourth Quarter, Upbeat Guidance Analyst Rick Schafer noted that the company reported fourth-quarter revenues of $4.15...
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Brocade Peers Largely Unaffected Following Q2 Warning
Monday, May 2, 2016 - 12:38pm | 342Read More...Shares of Brocade Communications Systems, Inc. (NASDAQ: BRCD) plunged more than 12 percent on Monday after the company reported preliminary second quarter results. Brocade said it expects to earn $0.21 to $0.23 per share in the second quarter on revenue of $518 million to $528 million. Wall...
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7 Technology Partners Enhancing Levi's Stadium
Tuesday, June 17, 2014 - 12:39pm | 754Read More...For anyone who ever wondered what Silicon Valley could accomplish in a sports stadium, wonder no more. When the home of the San Francisco 49ers, also known as Levi’s Stadium, opens in two months, the football world will learn what happens when tech giants collaborate with the NFL. The $1....
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J.P. Morgan Raises Estimates On Brocade
Friday, May 13, 2011 - 7:39am | 119Read More...According to J.P. Morgan, Brocade (NASDAQ: BRCD) estimates are raised. J.P. Morgan said that it expects shares of Overweight-rated Brocade to be upward-biased following its F2Q11 (April) earnings call on Thursday, May 19. “The company has not delivered two consecutive quarters of stable...
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UPDATE: JP Morgan Raises PT on Brocade to $7.50 (BRCD)
Friday, February 18, 2011 - 11:54am | 125Read More...JP Morgan is out with its report today on Brocade (NASDAQ: BRCD), raising its price target from $7 to $7.50. In a note to clients, JP Morgan writes, "We expect shares of Overweight-rated Brocade to exhibit upward pressure in the near term. For the first time in more than a year, both results and...
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UPDATE: Goldman Sachs Raises PT on Brocade to $6.25 (BRCD)
Friday, February 18, 2011 - 11:50am | 126Read More...Goldman Sachs is out with its report today on Brocade (NASDAQ: BRCD), raising its price target to $6.25. In a note to clients, Goldman Sachs writes, "Brocade reported a solid top- and bottom-line beat F1Q (Jan), with revenue/non-GAAP EPS at $546.0 mn/$0.12 vs. GS at $542.1 mn/$0.10 and the Street...
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J.P. Morgan Maintains Overweight on Brocade (BRCD)
Monday, February 14, 2011 - 10:18am | 103Read More...J.P. Morgan is out with its report on Brocade (NASDAQ: BRCD), maintaining Overweight. In a note to clients, J.P. Morgan writes, "We expect shares of Overweight-rated Brocade to trade higher after its February 17 earnings call. We are not preparing for a major beat-and-raise, but we believe that the...
