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Stock Market & Financial Investment News

News Breaks
February 13, 2013
13:13 EDTFIRE, CHKP, SYMCObama issues cybersecruity executive order, The Hill says
President Obama issued an executive order on cybersecurity that will establish best practices that companies will be asked to follow, according to The Hill. The order is also supposed to improve information sharing about cybersecurity threats between the government and companies, the website added. Reference Link
News For CHKP;FIRE;SYMC From The Last 14 Days
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June 26, 2015
14:04 EDTSYMCSymantec sale of Veritas business has slowed, dealReporter says
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10:00 EDTCHKPOn The Fly: Analyst Initiation Summary
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05:41 EDTCHKPFireEye downgraded to Equal Weight from Overweight at Barclays
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05:35 EDTCHKPCheck Point initiated with an Equal Weight at Barclays
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June 24, 2015
12:06 EDTCHKP, SYMCU.S. data hack larger than previously disclosed, WSJ reports
Office of Personnel Management Director Katherine Archuleta said in a statement today to the House Oversight Committee that her agency is investigating whether up to 18M unique Social Security numbers were stolen as part of the previously disclosed cyberattack, Wall Street Journal reports. The hack is being defined as two distinct breaches, and the larger than previously thought numbers are preliminary and not verified, the Journal adds. Publicly traded companies in the cybersecurity space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). Reference Link
June 22, 2015
10:19 EDTSYMCAnalyst says get more selective on cybersecurity stocks
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10:00 EDTSYMCOn The Fly: Analyst Downgrade Summary
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05:48 EDTSYMCSymantec downgraded to Sell from Neutral at UBS
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05:45 EDTSYMCFireEye downgraded to Neutral from Buy at UBS
UBS analyst Brent Thill downgraded FireEye (FEYE) to Neutral citing the stock's 70% rally year-to-date. Hill, however, raised his price target for name to $55 from $50. Shares of the cybersecurity provider closed Friday down 58c to $53.65. Hill also downgraded Symantec (SYMC) this morning to Sell. In the cybersecurity space, he keeps Buy ratings on Palo Alto Networks (PANW) and Fortinet (FTNT).

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