Foundry Networks (NASDAQ:FDRY) is up over 30% on a buy-out by Brocade (NASAQ:BRCD). Brocade is off nearly 20% on the same news.
Apple (NASDAQ:AAPL) is off 10% on a weak forecast for the next quarter.
Wachovia (NYSE:WB) is off 12% on poor earnings and a dividend cut.
American Express (NYSE:AXP) is down over 10% after reporting a weak quarter.
Texas Instrument (NYSE:TXN) is off over 10% on poor numbers.
Shares may trade differently in the pre-market than they do in the regular session.
Douglas A. McIntyre is an editor at 247wallst.com
Before the bell: Wall Street headed higher; automakers, retailers in focus
Waiting for the other shoe to drop: The looming credit crisis
Bet on T&A with J&J (JNJ)
