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Stock Market & Financial Investment News

News Breaks
December 20, 2013
11:04 EDTFTNT, SYMCFortinet new CFO positive, says Wells Fargo
After Fortinet (FTNT) announced that it had appointed Andrew "Drew" Del Matto as its new CFO, Wells Fargo thinks that the appointment of this seasoned executive is positive for the company. He has many years of global, operational and financial management experience, and was most recently interim CFO of Symantec (SYMC), according to the firm, which keeps Market Perform ratings on Fortinet and Symantec.
News For FTNT;SYMC From The Last 14 Days
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April 15, 2014
12:57 EDTSYMCSymantec calls active
Symantec May 21 and January 22 calls are active on total call volume of 13K contracts (1K puts). May call option implied volatility is at 37, July is at 28, January is at 26; compared to its 26-week average of 26 according to Track Data. Active volume and elevated volatility suggests traders taking positions for larger price movement.
12:34 EDTSYMCSymantec attracting PE interest following CEO firing, Reuters reports
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12:29 EDTSYMCSymantec attracting PE interest following CEO firing, Reuters reports
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06:06 EDTSYMCSymantec implied volatility of 39 at upper end of index mean range
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April 14, 2014
12:11 EDTSYMCPalo Alto jumps after two analysts raise their ratings
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April 11, 2014
12:42 EDTSYMCOn The Fly: Analyst Downgrade Summary
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07:29 EDTSYMC, FTNTNetwork security Q1 survey shows 'respectable' demand, says Jefferies
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06:05 EDTSYMCSymantec downgraded to Equalweight from Overweight at Barclays
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April 9, 2014
19:01 EDTFTNTOn The Fly: After Hours Movers
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17:49 EDTFTNT, SYMCImperva plummets after lowering Q1 EPS and revenue outlook
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17:32 EDTSYMC, FTNTImperva Q1 miss likely to weigh on Security sector, says Wells Fargo
Wells Fargo believes the magnitude of Imperva's (IMPV) Q1 miss will weigh on the Cyber Security industry since expectations for the group were relatively high going into Q1 earnings. Names in the space include Check Point (CHKP), Fortinet (FTNT), FireEye (FEYE), Palo Alto (PANW) and Symantec (SYMC). Wells notes, however, that it sees little direct fundamental implications for other names in the group as Imperva's issues were likely more company specific. Wells has Outperform ratings on Check Point, FireEye, Palo Alto and Fortinet.
April 8, 2014
07:28 EDTFTNTSecurity Innovation Network to hold a forum
IT Security Entrepreneurs Forum: ITSEF 2014 is being held in Mountain View, California on April 8-9.
April 7, 2014
08:42 EDTFTNTFortinet recommended ahead of earnings at Nomura
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April 4, 2014
16:30 EDTSYMCOn The Fly: Closing Wrap
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15:22 EDTSYMCSymantec calls active on eyed by activists, interviews advisors
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14:59 EDTSYMCSymantec eyed by activists, interviews advisors, Reuters says
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14:37 EDTSYMCSymantec hiring bank for strategic advice, Reuters says
Symantec is being examined as a potential target by large activist funds, according to Reuters.
09:45 EDTFTNTWells questions validity of low FireEye score in NSS Labs report
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