Brocade Communications (BRCD Quote) was lower after the storage networking-gear maker said fiscal second-quarter GAAP income -- which includes items related to its acquisition of McData -- fell to break-even per share vs. 5 cents last year. Excluding items, earnings rose by a penny to 11 cents and topped Street estimates. Still, the San Jose, Calif., company shed 1.2% to $9.08.
Elsewhere, Activision (ATVI Quote), a Santa Monica, Calif.-based video-game maker, widened its loss to $14.4 million, or a nickel a share, compared with a 3-cent loss last year. Shares traded down 27 cents, or 1.4%, to $19.52.- Loading Comments...
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