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Stock Market & Financial Investment News

News Breaks
May 5, 2014
08:04 EDTBRCDBrocade downgraded to Sell from Buy at Summit Research
Summit Research downgraded Brocade two notches to Sell citing a worsening outlook for the Fibre Channel business and potential reduced buybacks. Price target is $7.
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September 22, 2014
11:59 EDTBRCDBrocade management to meet with Craig-Hallum
Meetings to be held in Canada on September 25 and in Chicago on September 26 hosted by Craig-Hallum.
10:21 EDTBRCDBrocade to host investor day
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September 15, 2014
08:03 EDTBRCDBrocade acquires Vistapointe in all cash transaction
Brocade announced that it has acquired the network visibility and analytics technology assets in an all cash transaction from privately held Vistapointe, which has offices in the U.S., Ireland, and India. The acquisition enables Brocade to address the emerging opportunities and requirements of its service provider customers, especially global Mobile Network Operators. As part of the transaction, Vistapointe CEO, Ravi Medikonda, has joined Brocade as vice president of the Network Visibility and Analytics product group. Furthermore, Brocade has hired the Vistapointe development team, and they will report into Medikonda as part of the new business unit.
07:22 EDTBRCDAir Force Association to hold a conference
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