Tuesday, 24 Nov 2009 | Source: The Associated Press
Shares of Brocade Communications Systems Inc. fell Tuesday after the company said revenue for the first quarter won't be as strong as past quarters and an overall rebound isn't expected until the back end of the fiscal year.
Stocks rebounded Monday as investors' waning enthusiasm got a jolt from a report that showed the services sector has begun to expand. Plus, there was some bargain hunting after the market's two-week decline.
Stocks rebounded Monday as investors' waning enthusiasm got a jolt from a report that showed the services sector has begun to expand. Plus, there was some bargain hunting after the market's two-week decline.
Investors typically look to small cap stocks as the leaders out of a recession. More nimble than their large-cap counterparts, small cap companies are quicker to adapt during both economic downturns and periods of recovery.
Dell reported earnings results that were worse than last year and also fell short of Wall Street expectations, punishing the company's shares... Read More