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News Breaks
February 10, 2014
04:55 EDTDTLK, DTLK, DTLK, FRP, FRP, FRP, SALE, SALE, SALE, CCMP, CCMP, CCMP, PMCS, PMCS, PMCS, NATI, NATI, NATI, HCOM, HCOM, HCOM, CKEC, CKEC, CKEC, SPDC, SPDC, SPDC, EXAR, EXAR, EXAR, PFPT, PFPT, PFPTStifel to hold a conference
Technology, Internet & Media Conference is being held in San Francisco on February 10-12.
News For DTLK;EXAR;SPDC;CKEC;HCOM;NATI;PMCS;CCMP;SALE;FRP;PFPT From The Last 14 Days
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May 28, 2015
13:08 EDTPFPTCybersecurity stocks rise after Palo Alto results, IRS security breach
Shares of cybersecurity firms are trading higher on an otherwise down day after Palo Alto Networks (PANW) reported third quarter financial results that surpassed analysts' expectations amidst a reported breach at the Internal Revenue Service that is seen compromising the security of more than 100,000 U.S. taxpayers. WHAT'S NEW: Wednesday night, Palo Alto reported Q3 earnings per share of 23c and revenue of $234.17M, surpassing analysts' consensus estimates of 20c and $223.22M, respectively.The company also gave in-line guidance for Q4 EPS and Q4 revenue guidance that surpassed analysts' expectations. WHAT'S NOTABLE: On Wednesday, the IRS said nearly 100,000 taxpayers had their accounts accessed in a cyber breach. The IRS announced that criminals used taxpayer-specific data acquired from non-IRS sources to gain unauthorized access to information on approximately 100,000 tax accounts through the IRSís "Get Transcript" application. This data included Social Security information, dates of birth and street addresses. ANALYST REACTION: This morning, Palo Alto had its price target raised by a number of Wall Street firms including JMP Securities, which increased its price target to $210 from $200. JMP Securities increased its price target on Palo Alto after the company reported stronger than expected Q3 results. The firm thinks the results reinforce its thesis that Palo Alto will become the market share leader in the network security market over time. The firm kept its Outperform rating on the shares. PRICE ACTION: In midday trading, shares of Palo Alto Networks are up over 4%, FireEye (FEYE) shares are up nearly 4%, Fortinet (FTNT) is up almost 1.3%, and Check Point (CHKP) is higher by 1.3%. OTHERS TO WATCH:Other companies in the cybersecurity space include Barracuda Networks (CUDA), F5 Networks (FFIV), Imperva (IMPV), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC).
10:03 EDTSALEOn The Fly: Analyst Initiation Summary
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07:28 EDTPMCSBenchmark Company to hold a conference
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May 27, 2015
16:20 EDTSALERetailMeNot initiated with a Buy at Topeka
Target $28.
May 26, 2015
16:56 EDTPMCSPMC-Sierra announces $75M share repurchase plan
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09:54 EDTPFPTAnalysts bullish on two Internet security players
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May 21, 2015
07:31 EDTDTLKDatalink announces $5M Pure Storage FlashStack contract
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May 20, 2015
15:55 EDTPFPTCareFirst 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).
12:22 EDTCCMPCabot Microelectronics sees FY15 profit at upper end of guidance range
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09:14 EDTPFPTJefferies software analysts hold an analyst/industry conference call
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08:41 EDTPFPTCisco CFO sees potential for acquistions in security
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May 19, 2015
07:13 EDTPFPTProofpoint can beat expectations over next few years, says Wells Fargo
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05:42 EDTPFPTProofpoint added to Priority Stock List at Wells Fargo
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