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Stock Market & Financial Investment News

News Breaks
July 23, 2014
15:27 EDTCHKPCheck Point price target raised to $75 from $69 at JPMorgan
JPMorgan believes Check Point's reported solid Q2 performance and that it could see further improvement in demand. The firm raised its price target on the stock to $75 citing its results, share repurchases and valuation and maintains its Overweight rating on the stock.
News For CHKP From The Last 14 Days
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May 20, 2015
15:55 EDTCHKPCareFirst BlueCross BlueShield confirms cyberattack
CareFirst BlueCross BlueShield has confirmed that cyberattackers gained limited, unauthorized access to a single CareFirst database. This was discovered as a part of the companyís ongoing Information Technology security efforts in the wake of recent cyberattacks on health insurers. CareFirst engaged Mandiant, a unit of FireEye (FEYE), to conduct an end-to-end examination of its IT environment. The review determined that in June 2014 cyberattackers gained access to a single database in which CareFirst stores data that members and other individuals enter to access CareFirstís websites and online services. Approximately 1.1M current and former CareFirst members and individuals who do business with CareFirst online who registered to use CareFirstís websites prior to June 20, 2014 are affected by this event. All affected members will receive a letter from CareFirst offering two free years of credit monitoring and identity theft protection. Mandiant completed its review and found no indication of any other prior or subsequent attack or evidence that other personal information was accessed. Other publicly traded companies in the cybersecurity space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC).
10:00 EDTCHKPOn The Fly: Analyst Initiation Summary
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08:41 EDTCHKPCisco CFO sees potential for acquistions in security
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06:50 EDTCHKPCheck Point initiated with a Hold at Evercore ISI
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May 14, 2015
11:59 EDTCHKPCheck Point management to meet with Jefferies
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