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The bank sees 2011 EPS of $0.34, up from $0.30 per share, and 2012 EPS of $0.38, up from $0.37 per share.
Brocade Communications Systems has a potential upside of 15.3% based on a current price of $6.26 and an average consensus analyst price target of $7.22.
Morgan Stanley lifted its 2011 and 2012 EPS estimates for Brocade Communications (NASDAQ:BRCD) and maintained its equal-weight rating on the stock.
The program is designed to provide the necessary tools, training and business assessments for channel partners to invest in Ethernet fabric technologies from BRCD. Avnet Accelerator enables resellers to design and implement advanc
Avnet (AVT) announced today that Avnet Technology Solutions' IT solutions distribution operating group has partnered with Brocade (BRCD) to jointly develop a program for value-added resellers in the U.S. and Canada, called Avnet A
Michael Klayko, CEO of Brocade said, "We are pleased with the results of Q1 and our ability to execute to our FY2011 Playbook, The industry's first Ethernet fabric solutions that we began delivering in Q1 have been very well recei
Brocade (NASDAQ:BRCD) reported Q1 EPS of $0.12, ahead of consensus estimates of $0.10 per share. Revenues rose 1.2% year-over-year to $546 million, topping consensus estimates of $544 million.
On Thursday, February 17th, watch out for earnings from Huntsman (HUN), Dr. Pepper Snapple Group (DPS), Waste Management (WM), J.M. Smucker (SJM), Liz Claiborne (LIZ), and Apache (APA) before the bell. Also reporting later on in t
Monday, February 14th kicks off earnings reports from MGM Resorts (MGM) before the opening bell and Agilent Technologies (A), Marriott (MAR), and FMC Technologies (FTI) after market close. No major economic reports are scheduled f
On Tuesday, February 15th, you can expect Sirius XM Radio's (SIRI) earnings report early on the morning. Rovi Corp (ROVI), Tesla Motors (TSLA), Allscripts Healthcare (MDRX), and Dell (DELL) will be reporting their earnings in the
Here's a look at earnings and economic data for the week of February 14th.
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Shares of Zimmer (NYSE:ZMH) traded today at $81.92, breaking its 52-week high. This ne ...
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Shares of Zions Bancorporation (NASDAQ:ZION) traded today at $28.00, breaking its 52-we ...
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Shares of Crosstex Energy (NASDAQ:XTEX) traded at a new 52-week high today of $21.31. ...
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Shares of Xilinx (NASDAQ:XLNX) traded at a new 52-week high today of $39.88. So far to ...
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Weyerhaeuser (NYSE:WY) traded at a new 52-week high today of $33.24. This new high was ...
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Shares of Wolverine World Wide (NYSE:WWW) traded at a new 52-week high today of $53.97. ...
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Shares of Washington Real Estate Investment Trust (NYSE:WRE) traded at a new 52-week hi ...
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WPX Energy (NYSE:WPX) traded today at a new 52-week high of $21.10. So far today appro ...
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...
The Wall Street Journal reports that home prices showed their best year-to-date gains since 2005, up 5.9% through July, signaling the housing market's steady march toward recovery. Also from the Wall Street Journal, IBM (IBM) will increase its efforts to sell so-called cloud computing services...
CEO Marissa Mayer is bringing in some more new blood to Yahoo!, tapping Ken Goldman as the company's new Chief Financial Officer. Goldman's appointment will take effect on October 22nd.
Goldman served as CFO at his most recent employer, Fortinet, having worked at Siebel Systems, Sybase,...
