Extreme Networks Inc. EXTR +1.89% said its fiscal third-quarter results will miss its expectations due to the negative impacts of longer customer sales cycles, sales execution issues and challenging macroeconomic conditions in some regions. Shares slid 13% to $3.74 after hours as the Ethernet-network provider also lowered its full-year guidance. Extreme Networks sees full-year earnings of 22 cents... 

Novellus Systems Inc.’s NVLS -1.82% first-quarter earnings fell 54% as revenue continued to decline amid weakness in the semiconductor industry. Novellus is being acquired by Lam Research Corp. LRCX -1.73% in a stock deal that values Novellus at about $3.3 billion. Both companies make products that help design and wire chips for specific functions. Novellus mainly supplies technology that deposits... 

Stryker Corp.’s SYK +1.20% first-quarter earnings rose 14% as the medical-device maker saw sales of its hip and knee replacements increase, providing further evidence that the orthopedic market may be picking up. The company and other orthopedic manufacturers like Biomet Inc. and Zimmer Holdings Inc. (ZMH) have been affected as patients postponed elective surgeries such as hip and knee replacements... 

Mosaic Co. MOS +2.38% said it will more than double its quarterly dividend, as the fertilizer producer looks to put its cash stockpile to use and boost shareholder returns. The increase raises the company’s quarterly payout to 12.5 cents a share from 5 cents a share and will cost the company about $127 million more a year. The company had about $3.2 billion in cash and cash equivalents as of... 

QMC Quantum Minerals Corp is a junior mineral exploration company exploring VMS style Copper-Gold prospects in the world-class Flin Flon Snow Lake District, Greenstone style Gold prospect in the Gods LakeWolfden Belt, Cinder Lake REE property, and Mugaha Gold project, Mackenzie BC. QMC management’s extensive experience  in the field of mineral exploration and development give it a competitive advantage... 

SAN FRANCISCO (MarketWatch) — Mobile phone heavyweight Samsung Electronics Co. (SSNHY, 005930.SE) is playing a more hands-on role in the advertising on its devices, underlining the growing potential many companies see in mobile ads. Samsung plans to announce Tuesday that it’s adding a mobile phone advertising exchange platform to its internal device ad efforts, which are dubbed AdHub. The... 

Tibco Software Inc.’s TIBX +4.64% fiscal first-quarter profit rose 29% as new contracts continued to grow revenue in the company’s main services-and-maintenance business. The software provider also authorized up to $300 million in new stock buybacks, replacing an existing repurchase program that had about $38 million remaining. Tibco, which makes real-time infrastructure software for Internet... 

BANGKOK (Nikkei) — Honda Motor Co. HMC +0.37% has decided to build another automobile factory in Thailand, likely in the southeastern part of the country where the risk of flooding is lower than where its existing plant is located, company sources said Monday, The Nikkei reported. Having just reopened its plant in Ayutthaya Province on Monday, roughly six months after the facility in central... 

Agco Corp. AGCO +0.97% Chairman and Chief Executive Martin Richenhagen’s compensation rose 28% in 2011 on larger awards of stock and stock options, according to a regulatory filing Monday. Richenhagen’s salary, performance pay, executive perquisites and stock and options awards totaled $8.78 million last year, compared with $6.78 million in 2010. His base salary rose by 5%, to $1.48 million,... 

Wendy’s Co. WEN -1.30% has been working with its chicken and pig suppliers to broker new improvements in the treatment of animals, the food service chain said Friday. Under those changes, the company said one of its chicken suppliers has installed a low atmospheric pressure system, called LAPS, that permanently knocks a chicken unconscious before handling, replacing what it said is the industry’s...