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Stock Market & Financial Investment News

News Breaks
October 11, 2012
08:07 EDTCHKPCheck Point's September guidance achievable, says Credit Suisse
Credit Suisse said Check Point continues to benefit from software blade growth and high levels of unit growth but trading down to new lower priced appliances is pressuring ASPs lower. The firm believes September guidance is achievable and expects a re-acceleration in product revenue growth in the March quarter. The firm continues to view Check Point as a compelling investment and reiterates its Outperform rating and $67 price target.
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May 15, 2013
11:48 EDTCHKPAppaloosa reports new stakes in Comcast, Ashland, sells Oracle
David Tepper's Appaloosa in its quarterly filing report new positions in Comcast (CMCSA), Prudential (PRU), Hess Corp. (HES), Check Point (CHKP), KBR (KBR) and Ashland (ASH). The fund sold its stakes in Oracle (ORCL) and Noble Corp. (NE). Appaloosa's top position is in Citigroup (C), with a stake worth over $376.9M.
11:23 EDTCHKPDavid Tepper's Appaloosa reports new stake in Check Point
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