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Brady Corp. (NYSE: BRC) shares declined 6.35 percent to close at $30.52 share Thursday. The stock traded between $30.02 and $31.24 on volume of 829,270 shares traded. The company reported a loss of $176.2 million for the fourth quarter of fiscal 2013, compared to earnings of $20.9 million a year ago. Shares of Brady have fallen approximately 9.0 percent year-to-date.
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Extreme Networks, Inc. (NASDAQ: EXTR) shares spiked 7.44 percent to close at $4.33 a share Thursday. The stock traded between $4.28 and $4.66 on volume of 7.70 million shares traded. The company announced that it has agreed to acquire Enterasys Networks, Inc. in an all cash transaction valued at $180 million. Shares of Extreme Networks have gained approximately 19.0 percent year-to-date.
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Oclaro, Inc. (NASDAQ: OCLR) shares soared 37.74 percent to close at $1.46 a share Thursday. The stock traded between $1.32 and $1.59 on volume of 15.17 million shares traded. The company announced that it has sold its Oclaro Switzerland GmbH subsidiary and associated laser diodes business to II-VI Inc. for approximately $115 million. Shares of Oclaro have fallen approximately 7.0 percent year-to-date.
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STMicroelectronics N.V. (NYSE: STM) shares increased 5.75 percent to close at $9.01 a share Thursday. The stock traded between $8.96 and $9.16 on volume of 4.0 million shares traded. The company announced it has commenced volume production of the new STM32F4 microcontrollers that began sampling earlier in 2013. Shares of STMicroelectronics have increased approximately 24.0 percent year-to-date.
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