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Ruckus Investors Win Big; Brocade Purchasing Co. For $14.43/Share In Total Value
Monday, April 4, 2016 - 9:33am | 484Shares of Ruckus Wireless Inc (NYSE: RKUS) surged higher by more than 30 percent ahead of Monday's market open after Brocade Communications Systems, Inc. (NASDAQ: BRCD) confirmed it will acquire the company in a cash and stock transaction. As part of the agreement, Ruckus shareholders will receive...
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Short Interest In Express Scripts And Lowe's Doubles
Friday, March 11, 2016 - 9:27am | 639Short interest in a number of stocks surged in the most recent settlement period. A pharmacy benefit management company and a big-box retailer led that trend in late February. Shares of both of them rose in the period as the markets found their footing. As the markets seem to find their footing...
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Earnings Expectations For The Week Of November 24
Sunday, November 23, 2014 - 3:57pm | 859In a week shortened by the Thanksgiving holiday, there will still be plenty of earnings reports for investors and analysts to mull over. Perhaps most prominently, Hewlett-Packard Company (NYSE: HPQ) is expected to say that its per-share earnings were higher, both sequentially and year over year,...
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Top Double Digit Winners and Losers From Wednesday, August 14, 2013
Thursday, August 15, 2013 - 1:38pm | 674Sure, Apple (NASDAQ: AAPL) and its move above $500 was big news, but among the small- and medium-cap names, there were newsworthy events along with double digit moves that could have made you a lot of money. Don’t just see these big moves as a one-day event. History shows that often, there is...
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FBN Securities Reiterates Sector Perform and PT of $6.50 on Brocade Communications
Monday, May 23, 2011 - 9:58am | 209FBN Securities reiterated Sector Perform on Brocade Communications (NASDAQ: BRCD). At the same time, FBN left its Price Target unchanged at $6.50. In a research report published today, Wunderlich stated, "We retain our Sector Perform rating and $6.50 price target on BRCD after yesterday's FQ2...
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Wunderlich Upgrades Brocade Communications To Buy, PT To $8
Friday, February 18, 2011 - 8:37am | 28Wunderlich Securities has upgraded Brocade Communications (NASDAQ: BRCD) from Hold to Buy and has raised the price target from $6 to $8.
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Citigroup Raises PT On Brocade Communications To $8.50
Friday, February 18, 2011 - 8:05am | 26Citigroup has raised the price target on Brocade Communications (NASDAQ: BRCD) from $7 to $8.50 and maintains its Buy rating.
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Oppenheimer Makes Estimates & PT Revisions (BRCD, CTRN, NUAN, PSUN)
Tuesday, November 23, 2010 - 10:18am | 80Oppenheimer has made estimates and price target changes for the following companies this morning: Brocade Communications (NASDAQ: BRCD) 2011E from $0.54 to $0.40 and price target from $7.00 to $6.50. Citi Trends (NASDAQ: CTRN) 2011E from $1.60 to $1.55. Nuance Communications (NASDAQ: NUAN) 2011E...
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Brocade Recovers After Solid 4Q
Tuesday, November 23, 2010 - 9:47am | 162Oppenheimer has published a research report on Brocade Communications (NASDAQ: BRCD) after the company reported a better than expected 4Q. In the report, Oppenheimer writes "Brocade delivered a better than expected FY4Q10 with record sales and EPS at the high end of guidance. FY1Q11 guidance...
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JP Morgan Expecting Stability From Brocade
Friday, November 12, 2010 - 9:05am | 158JP Morgan has published a research report on Brocade Communications Systems (NASDAQ: BRCD) while previewing the company's 4Q results, which will hopefully show the company stabilizing. In the report, JP Morgan writes "We expect shares of Overweight-rated Brocade to exhibit downside support. The...