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Stock Market & Financial Investment News

News Breaks
February 12, 2013
06:55 EDTCHKP, SYMC, FIREWhite House expected to issue cybersecurity order tomorrow, The Hill says
The White House is expected to issue an executive order on cybersecurity tomorrow, according to The Hill. The order would establish a program under which companies that have critical infrastructure would voluntarily meet best practices and standards partly established by the government, the website added. Reference Link
News For CHKP;SYMC;FIRE From The Last 14 Days
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July 23, 2014
15:27 EDTCHKPCheck Point price target raised to $75 from $69 at JPMorgan
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13:28 EDTCHKPCheck Point advances after results beat expectations
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12:57 EDTCHKPCheck Point Q2 results, guidance solid, says Wells Fargo
Wells Fargo believes that Check Point (CHK) reported solid Q2 results and provided solid guidance, as its large deal metrics were particularly strong, according to Wells. The firm thinks the results show that spending trends in cyber security remain strong, boding well for cyber security companies Palo Alto (PANW), Fortinet (FTNT), and FireEye (FEYE). Wells keeps an Outperform rating on Check Point.
08:46 EDTCHKPCheck Point sees Q3 EPS 88c-92c, consensus 90c
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05:39 EDTCHKPCheck Point reports Q2 EPS 89c, consensus 87c
Reports Q2 revenue $362.6M, consensus $359.45M.
July 22, 2014
10:30 EDTSYMCSymantec accused of false claims by Justice Department
The Justice Department said it has intervened in a lawsuit against Symantec, alleging that Symantec submitted false claims to the United States on a General Services Administration software contract. The case alleges that Symantec knowingly provided the United States with inaccurate and incomplete information about the prices it was offering to its commercial customers during the negotiation and performance of the contract. "The suit contends that Symantec misrepresented its true commercial sales practices, ultimately leading to government customers receiving discounts far inferior to those Symantec gave to its commercial non-government customers," the government stated. The contract at issue was in place from 2007 to 2012 and involved hundreds of millions of dollars in sales, it added.
10:15 EDTSYMCDOJ intervenes in whistleblower suit against Symantec alleging false claims
July 16, 2014
05:52 EDTSYMCSymantec assumed with a Neutral at Goldman
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05:44 EDTCHKPCheck Point assumed with a Neutral at Goldman
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