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Stock Market & Financial Investment News

News Breaks
February 20, 2013
09:08 EDTADBE, FTNTFortinet FortiGuard Labs discovers critical vulnerabilities in Adobe shockwave
Fortinet (FTNT) announced the company's FortiGuard Labs has identified critical zero day vulnerabilities in Adobe (ADBE) Shockwave Player. Fortinet's FortiGuard Labs consist of over 175 researchers and analysts world-wide, working to discover, monitor and help protect against breaking threats. Since 2008, FortiGuard Labs has reported more than 150 zero day vulnerabilities, 124 of which have been fixed by the appropriate vendors.
News For FTNT;ADBE From The Last 14 Days
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July 1, 2015
14:49 EDTFTNTTrump Hotels becomes latest victim of credit card data breach, Krebs says
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June 26, 2015
10:56 EDTFTNTBarclays calls Fortinet, Palo Alto best bets in cybersecurity sector
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10:00 EDTFTNTOn The Fly: Analyst Initiation Summary
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05:41 EDTFTNTFireEye downgraded to Equal Weight from Overweight at Barclays
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05:35 EDTFTNTFortinet initiated with an Overweight at Barclays
Target $50.
June 24, 2015
12:06 EDTFTNTU.S. data hack larger than previously disclosed, WSJ reports
Office of Personnel Management Director Katherine Archuleta said in a statement today to the House Oversight Committee that her agency is investigating whether up to 18M unique Social Security numbers were stolen as part of the previously disclosed cyberattack, Wall Street Journal reports. The hack is being defined as two distinct breaches, and the larger than previously thought numbers are preliminary and not verified, the Journal adds. Publicly traded companies in the cybersecurity 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
10:00 EDTFTNTOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Autoliv (ALV) downgraded to Sell from Neutral at Goldman... Catamaran (CTRX) downgraded to Neutral from Buy at UBS... Citi (C) downgraded to Hold from Buy at Deutsche Bank... Esperion (ESPR) downgraded to Neutral from Outperform at Credit Suisse... Fortinet (FTNT) downgraded to Neutral from Buy at Citi... General Motors (GM) downgraded to Neutral from Buy at Goldman... Goldman Sachs (GS) downgraded to Hold from Buy at Deutsche Bank... IBERIABANK (IBKC) downgraded to Neutral from Outperform at Baird... Independent Bank (INDB) downgraded to Underperform from Neutral at Baird... Inphi (IPHI) downgraded to Market Perform from Outperform at Northland... MoneyGram (MGI) downgraded to Neutral from Outperform at Macquarie... Sensata (ST) downgraded to Hold from Buy at Cross Research... Teradyne (TER) downgraded to Buy from Conviction Buy at Goldman... Alcobra (ADHD) downgraded to Hold from Speculative Buy at WBB Securities.
09:10 EDTFTNTOn The Fly: Pre-market Movers
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08:54 EDTFTNTFortinet downgraded to Neutral from Buy at Citi
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06:53 EDTFTNTFortinet downgraded to Neutral from Outperform at Baird
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June 22, 2015
10:19 EDTFTNTAnalyst says get more selective on cybersecurity stocks
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06:05 EDTADBEAdobe implied volatility of 19 at lower end of index mean range
05:56 EDTFTNTFortinet price target raised to $49 from $43 at UBS
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05:45 EDTFTNTFireEye downgraded to Neutral from Buy at UBS
UBS analyst Brent Thill downgraded FireEye (FEYE) to Neutral citing the stock's 70% rally year-to-date. Hill, however, raised his price target for name to $55 from $50. Shares of the cybersecurity provider closed Friday down 58c to $53.65. Hill also downgraded Symantec (SYMC) this morning to Sell. In the cybersecurity space, he keeps Buy ratings on Palo Alto Networks (PANW) and Fortinet (FTNT).
June 19, 2015
13:38 EDTADBEOptions with decreasing implied volatility
Options with decreasing implied volatility: QIHU PIR RHT BLUE KMX RAD KBH ADBE ACM KR
08:31 EDTFTNTFortinet adds Oracle Chief Marketing Officer Judith Sim to board
Fortinet (FTNT) announced that Judith Sim, Chief Marketing Officer at Oracle (ORCL), is joining Fortinet's board, effective June 22.

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