New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 19, 2014
11:33 EDTCUDA, FEYE, PFPT, IMPVFireEye advances after analyst predicts sentiment could rebound
Shares of IT security company FireEye (FEYE) are rallying after Nomura predicted in a note to investors earlier today that sentiment towards the stock could improve following its lock-up expiration on May 21. WHAT'S NEW: After restrictions preventing FireEye insiders from selling stock expire on May 21 investors could become more optimistic about the shares, Nomura analyst Rick Sherlund predicted. FireEye has a robust opportunity in the IT security market and its technology is "best-of-breed," while its management team is strong, the analyst stated. Additionally, the company is adding new products and its advanced persistent threat technology could become more mainstream, said Sherlund. FireEye is investing heavily and losing money, but investors with a longer term time horizon could benefit from the company's positive attributes, the analyst indicated. The stock reached an attractive entry point, wrote Sherlund before the market opened. He kept a Buy rating on the shares. PRICE ACTION: FireEye, which has tumbled about 60% in the last three months, rose about 3% to $28.82 in late morning trading. OTHERS TO WATCH: Other stocks in the sector were also advancing this morning, with Proofpoint (PFPT) rising 5.5%, Imperva (IMPV) gaining 2% and Barracuda Networks (CUDA) climbing a bit more than 2%.
News For FEYE;PFPT;IMPV;CUDA From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 23, 2014
11:25 EDTFEYEInternet security names climb after Check Point, Fortinet beat expectations
Subscribe for More Information
October 22, 2014
06:44 EDTPFPT, IMPV, FEYE, CUDAU.S. weighing cybersecurity requirements for bank vendors, NY Times says
Subscribe for More Information
October 20, 2014
16:07 EDTIMPVImperva announces Kim DeCarlis joins company as CMO
Subscribe for More Information
07:58 EDTCUDABarracuda Networks portfolio strength underappreciated, says Pacific Crest
Subscribe for More Information
October 16, 2014
10:01 EDTFEYEOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
05:31 EDTFEYEFireEye upgraded to Overweight from Neutral at JPMorgan
Subscribe for More Information
October 13, 2014
09:23 EDTFEYEHP could buy lower valuation company, says Bernstein
Subscribe for More Information
05:35 EDTCUDABarracuda Networks management to meet with Pacific Crest
Subscribe for More Information
October 12, 2014
17:34 EDTFEYEJPMorgan to double spending on cybersecurity over next five years, WSJ says
Subscribe for More Information
October 9, 2014
18:47 EDTCUDAOn The Fly: After Hours Movers
UP AFTER EARNINGS: Helen of Troy (HELE), up 3%... Barracuda Networks (CUDA), up marginally after reporting second quarter results. ALSO HIGHER: Sucampo Pharmaceuticals (SCMP), up 19.2% after announcing settlement agreement resolving patent litigation on AMITIZA... Civeo (CVEO), up 15% after Greenlight Capital reported a 9.99% stake in the company... EXCO Resources (XCO), up 10.6% after T. Boone Pickens says that company approached by buyers, reported by Bloomberg... EXACT Sciences (EXAS), up 3.7% after announcing final national coverage determination for Cologuard... US Ecology (ECOL), up 2.5% following announcement that it will replace Measurement Specialties (MEAS) in S&P 600. DOWN AFTER EARNINGS: Procera Networks (PKT), down 19.3%... Sizmek (SZMK), down 13.9% following third quarter revenue guidance... VOXX International (VOXX), down 12.5%... Knowles (KN), down 8.1% after lowering third quarter guidance... Microchip (MCHP), down 8.2% after lowering second quarter guidance... Juniper Networks (JNPR), down 3.6% after lowering third quarter outlook. ALSO LOWER: GT Advanced Technologies (GTAT), down 23.3% following a Bloomberg report that it will as to wind down sapphire operations.
18:07 EDTCUDABarracuda sees FY15 adjusted EPS 22c-24c, may not compare to consensus 17c
Subscribe for More Information
18:05 EDTCUDABarracuda Networks sees Q3 adjusted EPS 4c-5c, may not compare to consensus 3c
Subscribe for More Information
16:12 EDTCUDABarracuda Networks reports Q2 adjusted EPS 8c, consensus 4c
Subscribe for More Information
15:24 EDTCUDANotable companies reporting after market close
Subscribe for More Information
15:20 EDTCUDABarracuda Networks technical comments before results
The shares have sharply underperformed in the prior three months, trading down by over 20%. At the current price of $26.41 the stock is close to the lows of its range over the period, with the trend down but more recently in a consolidation phase. A key level to watch on news that exceeds low expectations would be at $24. That has been major support during the sideways move since early September. It has also been an area of significance over the year, forming a consistently tradeable bottom. A break therefore would be bearish, putting the stock on a path not seen since its IPO. Support below would be at $22 and then at $20.13. If news is sufficiently better than expectations, a bounce would be likely given past history. Resistance levels to watch as potential upside objectives would be at $28.56, $29.44, and $32.27.
06:40 EDTFEYE, PFPT, IMPV, CUDASource of JPMorgan cyberattack still unclear, NY Times says
The source of the cyberattack on JPMorgan (JPM) and other U.S. financial institutions this summer is still unclear, according to The New York Times. The hackers may have tried to hit about a dozen financial institutions , and E-Trade(ETFC) and Fidelity Investments may have been victimized in some way, the newspaper stated, citing an unnamed source who was briefed on the matter. At least five other banks, including Citigroup (C), HSBC (HBC) and Regions Financial (RF), discovered that one of the web addresses used by those who hacked JPMorgan tried to penetrate their systems, The Times quoted unnamed sources briefed on the matter as saying. Publicly traded companies in the 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

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use