New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
June 10, 2014
08:32 EDTFNJN, FEYEFinjan Holdings provides update on recent docket order in Fireye litigation
According to Julie Mar-Spinola, VP, Legal Operations, "Although we will not speculate on the outcome of the reexaminations, we are optimistic that the validity of our patents will be reaffirmed and the FireEye District Court action will resume soon thereafter." To date, the U.S. Patent Office has twice denied separate requests by FireEye for reexamination of Finjan's U.S. Patent No. 8,079,086.
News For FNJN;FEYE From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
March 4, 2015
13:20 EDTFEYEFireEye seeing 'tremendous' top-down requests for information on cybersecurity
Subscribe for More Information
07:21 EDTFEYEMorgan Stanley to hold a conference
Subscribe for More Information
March 3, 2015
09:26 EDTFNJNOn The Fly: Pre-market Movers
Subscribe for More Information
09:19 EDTFNJNFinjan reports court adopts all company claim constructions in Markman hearing
Finjan Holdings announced an update in the Finjan, Inc. v. Sophos matter, Case No. 14-cv-01197-WHO, that was filed on March 14, 2014 in the U.S. District Court for the Northern District of California. The parties had agreed that only five claim terms, or claim elements, from the '494, '926, '918, and '844 patents required the Court's construction. Of these five terms, the Court adopted each and every one of Finjan's constructions, the company said.
07:07 EDTFEYEPacific Crest to hold a summit
10th Annual Emerging Technology Summit is being held in San Francisco on March 3-4.
March 2, 2015
05:59 EDTFEYEFireEye introduces ne mobile security integration for Samsung
FireEye announced a new product integration with Samsung to enhance enterprise risk management on Samsung KNOX-enabled devices. The integrated solution intercepts apps before they are installed on the device and uses FireEye Mobile Threat Prevention to determine risk status, analyze, detect and block high-risk apps, as well as notify users of behaviors consistent with malware activity.
February 24, 2015
10:28 EDTFEYEAnalyst sees 'massive' IT security upgrade cycle still in early innings
A number of trends are spurring businesses and the government to spend aggressively on cyber security offerings, benefiting companies in the IT security sector, wrote research firm FBR Capital in a note to investors today. In conjunction, the firm raised its price target on a number of stocks in the sector. WHAT'S NEW: After conducting checks, FBR Capital analyst Daniel Ives believes that spending on advanced cyber security products has increased this quarter. The ongoing series of well-publicized cyber attacks on large companies is causing businesses to become more concerned about protecting themselves from this threat, according to Ive, who believes that advanced IT security products have "massive," once in a multi-decade growth potential. Data points indicate that enterprises are looking to buy more advanced firewall/cloud security solutions, while the sizes of purchases by customers in the space have increased. Meanwhile, given the high priority that the Obama administration has placed on cyber security, the federal government's spending on IT security is likely to rise in the coming quarters and years, Ives wrote. Forecasting a 20% increase in overall cyber security spending this year, the analyst believes that the following companies should benefit disproportionately from the positive trends, since they have "the right products at the right time:" Palo Alto (PANW), FireEye (FEYE), Proofpoint (PFPT), Check Point (CHKP), and Fortinet (FTNT). The analyst raised his price target on Fortinet to $39 from $36, on Palo Alto to $160 from $121, on Proofpoint to $67 from $60, and on Check Point to $93 from $85. He kept Outperform ratings on all the stocks named. WHAT'S NOTABLE: In its own note to investors, RBC Capital said it expects Palo Alto to report stronger than expected Q2 results, driven by "impressive" revenue and margin improvements. The firm raised its price target on the shares to $150 from $145 and kept an Outperform rating on the stock. PRICE ACTION:In early trading, Palo Alto added 0.2% to $138.41, FireEye advanced 1.2% to $43.87, Proofpoint lost slipped fractionally to $56.55, Check Point rose 0.5% at $82.77, and Fortinet gained 1.3% to $33.76.
08:32 EDTFEYEFBR checks show strong cybersecurity deal momentum
FBR Capital raised its price targets in the next-generation cybersecurity space after its channel checks showed strong deal momentum so far in the March quarter. The firm believes the "massive upgrade cycle" for next-generation cybersecurity remains in the early days. It raised its price target for Fortinet (FTNT) to $39 from $36, for Palo Alto (PANW) to $160 from $121, for FireEye (FEYE) to $53 from $45, for Proofpoint (PFPT) to $67 from $60 and for Check Point (CHKP) to $93 from $85.
February 23, 2015
10:51 EDTFEYEStocks with call strike movement; FEYE AAL
Subscribe for More Information
10:32 EDTFEYEFireEye falls, levels to watch
Subscribe for More Information
10:15 EDTFEYECyberArk sinks after JPMorgan analyst cuts rating to sell
Subscribe for More Information
February 20, 2015
09:08 EDTFEYEFireEye price target raised to $50 from $44 at UBS
UBS raised its price target on FireEye to $50 from $44 following meetings with management. The firm cited improved business trends, new partnerships and higher state and local government spending. UBS reiterated its Buy rating on FireEye shares.

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