QLogic Corp (QLGC) Tops Q4 EPS by 2c

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QLogic Corp (QLGC) Sees FY14 Revs Up 10% - 12%; Est. Down 5%

May 1, 2014 5:14 PM EDT

From qtr. conference call: QLogic Corp (Nasdaq: QLGC) seesFY14 revenue growth of 10 to 12 percent, versus estimates looking fora 5 percent drop.

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Avoid QLogic Corp. (QLGC) Says Goldman; Emulex PT Cut to $6

May 1, 2014 11:00 AM EDT

Goldman Sachs maintained a Neutral rating on Emulex (NYSE: ELX) and reduced its price target to $6.00 (from $8.00). Analyst Bill Shope trimmed estimates and commented on read-though for QLogic Corp. (Nasdaq:... More