(SAN JOSE, Calif.)Brocade Communications Systems Inc. said Tuesday that it entered into a $1.2 billion secured credit facility with Bank of America to finance a portion of its acquisition of Foundry...READ MORE
(NEW YORK)Analyst opinion on Brocade Communications Systems Inc. was split Thursday, a day after the company provided a forecast for next year that missed Wall Street estimates.READ MORE
Among the premarket stories for Wednesday, Sept. 10, from AP Financial News: NEW YORK (AP)--Investors may flock to shares of FedEx Corp. on Wednesday, after the package delivery co...READ MORE
(NEW YORK)A Baird analyst downgraded Foundry Networks Inc. Wednesday because the stock is near his $19 target price, which is based on a buyout offer from Brocade Communications Systems Inc....READ MORE
(NEW YORK)Shares of Foundry Networks Inc. soared Tuesday after Brocade Communications Systems Inc. said it would buy the networking equipment maker for $3 billion, representing a 41 percent ...READ MORE
(SAN FRANCISCO)Brocade Communications Systems Inc., dominant in an obscure corner of the data storage market, wants a piece of a bigger pie: Cisco Systems Inc.'s cash cow business of networking e...READ MORE
(SAN FRANCISCO)Brocade Communications Systems Inc. is plunking down $3 billion for Foundry Networks Inc., melding two companies with presence deep in the data center and posing a direct challenge...READ MORE