(EMAILWIRE.COM, August 24, 2010 ) New York, NY - Staples, Inc. (NASDAQ:SPLS) lost 2.06% to $18.54 on over 6.11 million shares. Last week, the company reported on Thursday that its second-quarter net income climbed 40%, helped by improved product margins and lower restructuring-related expenses. Net income improved to $129.8 million, or 18 cents a share, from $92.4 million, or 13 cents a share, in the year-ago quarter. On an adjusted the company earned 20 cents a share.

Analysts, on average, expected the company to report earnings of 20 cents per share on revenue of $5.64 billion.


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Williams-Sonoma, Inc. (NYSE:WSM) dropped 5.35% to $26.53 on over 3.95 million shares. Last week, the company reported that its second-quarter earnings climbed to $30.8 million or 28 cents a share, from $0.40 million, or 5 cents per share, in the corresponding quarter last year. Revenue grew 15.4% to $776 million.

Analysts, on average, expected the company to report earnings of 22 cents per share on revenue of $757.55 million.


Brocade Communications Systems, Inc. (NASDAQ:BRCD) fell 1.04% to $4.74 on over 9.45 million shares. Last week, the company said that it swung to a fiscal third-quarter profit of $21.96 million, or 5 cents per share, compared to a loss of $23.49 million, or 6 cents per share, in the prior-year quarter. On an adjusted basis, the company earned 13 cent per share in the latest quarter.


Analog Devices, Inc. (NYSE:ADI) gained 0.98% to $29.91 on over 6.10 million shares. For the most recent period, Analog Devices earned $199.5 million, or 65 cents a share, up from $65.5 million, or 22 cents a share, for the year-earlier period. Revenue rose to $720.3 million from $492 million. Analysts had expected earnings of 59 cents a share on revenue of $702.9 million.

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