<p>After the bell Tuesday, Brocade Communications Systems, Inc. (Nasdaq: BRCD) reported net income for the fiscal third quarter came in at $118.7 million, or 26 cents per share, compared with $43.3 million, or 9 cents per share, a year earlier. Revenue fell 3 percent to $536.6 million. Wall Street had expected earnings of 12 cents per share on revenue of $519 million, according to analysts polled by Reuters.</p><p>Shares of Brocade Communications jumped 15.36 percent to $7.96 in after-hours trade.</p><p>JDS Uniphase Corporation (Nasdaq: JDSU) reported fourth quarter earnings of $30.4 million, or 13 cents per share, down from $35.4 million, or 15 cents per share in the year-ago period. Wall Street expected the company to earn 13 cents per share for the quarter, according to analysts polled by Reuters.</p><p>Shares of JDS Uniphase Corp. edged down 0.34 percent to $14.75 in extended-hours trade.</p><p>Millennial Media, Inc. (NYSE: MM), the independent leader in mobile advertising, announced it has reached an agreement to acquire mobile advertising platform Jumptap. After the bell, Mellenial Media reported second quarter revenue increased to $57 million, up from $39.4 million for the second quarter of 2012, but revenue for the quarter still fell short of estimates.</p><p>Shares of Millennial Media, Inc. plunged 10.12 percent to $7.64 after the bell.</p><p>On the earnings calendar for Wednesday, Agilent Technologies (NYSE: A), Cisco (NASDAQ: CSCO), Deere and Co. (NYSE: DE), Macy's (NYSE: M), NetApp (NASDAQ: NTAP) and Silver Wheaton (NYSE: SLW) report quarterly results.</p><p>Wall Street rebounded on Tuesday amid stimulus comments from Atlanta Federal Reserve President Dennis Lockhart, noting recent mixed economic data does not present a clear picture for when the central bank will begin to taper its $85 billion-a-month bond-buying program. Lockhart, however, did not rule out some kind of decrease at the Federal Reserve’s upcoming September meeting.</p><p>The Dow Jones industrial average rose 31.33 points or 0.2 percent, to close at 15,451.01. The S&P 500 Index gained 4.69 points or 0.28 percent, to end at 1,694.16. The Nasdaq Composite added 14.49 points or 0.39 percent, to finish at 3,684.44.</p><p> </p>
