HP looks unlikely to dodge the spending bullet that has stricken its rivals when it reports fourth-quarter results after market close on Tuesday..
Brocade's growth plan will kick into gear in fiscal 2015, according to CEO Lloyd Carney, driven by software defined networks and Ethernet networking technology.
Yahoo! is a big mover in premarket trading on Wednesday.
Brocade shares surged during Tuesday trading, lifted by better-than-expected results in a tough spending climate.
Brocade eased past Wall Street's estimates in its fourth-quarter results, side-stepping the spending pressures that impacted rival Cisco.
Cisco shares, which tanked following the company's first-quarter results on Wednesday, crept up before market open.
Cisco CFO Frank Calderoni remains confident despite a Q1 weighed down by service provider challenges, emerging market weakness and the impact of the NSA controversy in China.
Cisco shares tanked in extended trading after the networking giant missed Wall Street's first-quarter revenue estimate, although it comfortably beat analysts' earnings projection.
Four months after taking the company's top position, Emulex CEO Jeff Benck has shifted the server components focus in an effort to boost profitability and shareholder value.
F5 Networks, best known for enterprise app delivery, is eyeing SMBs with new Amazon Web Services offerings. CEO John McAdam explains.