(NEW YORK)Business spending on information technology is starting to look shaky, an RBC Capital Markets Corp. analyst wrote Thursday as he slashed estimates for next year's earnings at more ...READ MORE
(NEW YORK)A BMO Capital Markets analyst downgraded network-equipment maker QLogic Corp. Wednesday based mainly on valuation. Keith Bachman lowered his rating on the Aliso Viejo, Calif., comp...READ MORE
Among the stock activity stories for Wednesday, Aug. 13, from AP Financial News: NEW YORK (AP)--Shares of American Airlines parent AMR Corp. tumbled Wednesday, as oil prices reboun...READ MORE
(WASHINGTON)Shares of Emulex Corp. edged higher Wednesday after Goldman Sachs upgraded the stock to "Buy" from "Neutral" and added it to its "Americas Conviction Buy List."READ MORE
(NEW YORK)Shares of data network storage supplier Emulex Corp. continued to rally Monday after a Citi Investment Research analyst upgraded the stock. Late Thursday, Costa Mesa, Calif.-based ...READ MORE
Among the stock activity stories for Monday, Aug. 11, from AP Financial News: NEW YORK (AP)--Shares of Sysco Corp. climbed Monday after the food distributor said it was able to gro...READ MORE
(COSTA MESA, Calif.)Emulex Corp. is expanding a stock repurchase plan to help boost its shares as the data storage networking supplier battles a sales slowdown. The Costa Mesa, Calif.-based company sa...READ MORE