Brocade revenue beats, bullish on outlook

By Ritsuko Ando NEW YORK, May 21 (Reuters) – Brocade Communications Systems Inc (BRCD.O) reported higher-than-expected quarterly results on Thursday and said it would exceed its previous forecast for the full year, helping the shares rise 11 percent.

Macy’s increases outlook on down sales

Macy’s Inc. reported a 9.1 percent drop in same-store sales in April, compared to analysts’ projections of minus 7.5 percent, and upgraded its first-quarter profit outlook.

Oil, Metals, Hogs Drop on Outlook for Demand After Swine Flu

By Stuart Wallace and Chanyaporn Chanjaroen April 28 (Bloomberg) — Crude oil, industrial metals and hog futures dropped for a second day on speculation a global outbreak of swine flu will derail efforts to shore up economies, curbing demand for raw …

G7 officials offer sunnier outlook on global economy

By Greg Robb, MarketWatch WASHINGTON (MarketWatch) — The top economic officials of the world’s seven biggest nations said they were taking the necessary steps to get the global economy back on track and that growth should begin to recover later this …

Auto shares climb in Asia but analysts offer cautious outlook

“There was a marked difference in March auto sales growth in different countries, related to whether or not government support is in place,” analysts at …