Shares of Brocade Communications Systems, Inc. (NASDAQ:BRCD) ended Tuesday session at $9.01 with 3.98 million shares getting traded. Post opening the session at $9.01, the shares hit an intraday low of $8.93 and an intraday high of $9.05 and the price vacillated in this range throughout the day. The company has a market cap of $3.60 billion and the numbers of outstanding shares have been calculated to be 400.87 million shares.
Brocade Communications Systems, Inc. (BRCD) announced participation in the following investor conference:
Citi 2016 Global Technology Conference
Lloyd Carney, CEO
Wednesday, September 7, 2016
2:55 p.m. to 3:35 p.m. EDT
The New York Hilton Midtown, New York City, NY
A live audio webcast of these events will be accessible from the “Events & Presentations” section of Brocade’s investor relations website at www.brcd.com, and a replay of this webcast will be available at that same website for approximately 90 days.
Shares of Hewlett Packard Enterprise Co (NYSE:HPE) ended Tuesday session in red amid volatile trading. The shares closed down -0.35 points or -1.58% at $21.86 with 8.54 million shares getting traded. Post opening the session at $22.18, the shares hit an intraday low of $21.75 and an intraday high of $22.18 and the price vacillated in this range throughout the day. The company has a market cap of $36.41 billion and the numbers of outstanding shares have been calculated to be 1.66 billion shares.
Hewlett Packard Enterprise Co (HPE) on Sep 1, 2016 completed the pending sale of its equity stake in Mphasis Limited, a publicly-listed IT services provider in Bangalore, to private equity funds managed by Blackstone ( NYSE : BX ), one of the world’s leading investment firms. Blackstone purchased 100% of HPE’s stake in Mphasis for INR 430 per share, or approximately $825 million.
In conjunction with the sale, HPE also entered into a five-year renewal of its existing master services agreement with Mphasis, whereby Mphasis will continue to provide strategic service delivery capabilities to HPE.