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Stock Market & Financial Investment News

News Breaks
April 14, 2014
12:11 EDTPANW, CUDA, FEYE, SYMC, QLYSPalo Alto jumps after two analysts raise their ratings
Shares of IT security company Palo Alto (PANW) are climbing after two research firms upgraded the stock in separate notes to investors earlier today. WHAT'S NEW: After meeting with Palo Alto, Stephens analyst Jonathan Ruykhaver wrote that he is more confident that the company is well-positioned to gain additional market share. The company's "strong" new products and its growing distribution infrastructure, along with its acquisition of Cyvera, should help it take share from its competitors, the analyst contended. Palo Alto's comprehensive security solutions for organizations should be appealing and enable the company to generate robust growth, wrote the analyst, who upgraded the stock to Overweight from Equal Weight and raised his price target on the shares to $85 from $75. Barclays analyst Raimo Lenschow also upgraded the stock, saying that the company's fundamentals are solid, while underlying trends in the IT security market appear to be improving. Lenschow upgraded the stock to Overweight from Equal Weight and kept a $78 price target on the shares. PRICE ACTION: In early afternoon trading, Palo Alto jumped 6% to $68.17. Other IT security companies, whose shares have been weak in recent sessions, also rose, as Barracuda Networks (CUDA) gained 2% to $28.40, Fireeye (FEYE) advanced 3.5% to $49.01, Symantec (SYMC) added 2% to $20.42, and Qualys (QLYS) gained 3% to $22.05.
News For PANW;CUDA;FEYE;SYMC;QLYS From The Last 14 Days
Check below for free stories on PANW;CUDA;FEYE;SYMC;QLYS the last two weeks.
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August 29, 2014
11:54 EDTFEYEStocks with call strike movement; GTAT FEYE
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August 28, 2014
09:57 EDTSYMC, FEYEOn The Fly: Analyst Initiation Summary
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06:54 EDTPANWPalo Alto coverage resumed with a Buy at Stifel
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06:54 EDTSYMCSymantec coverage resumed with a Hold at Stifel
August 27, 2014
18:38 EDTFEYEOn The Fly: After Hours Movers
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16:11 EDTFEYEFireEye initiated with a Buy at Stifel
Target $45.
August 26, 2014
15:59 EDTFEYEFireEye volatility flat on wide price movement
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August 25, 2014
11:39 EDTFEYEStocks with call strike movement; GTAT FEYE
GT Advanced (GTAT) December 20 call option implied volatility increased 2% to 65, FireEye (FEYE) December 34 call option implied volatility increased 5% to 63 according to IVolatility.
August 21, 2014
09:22 EDTFEYEFireEye has further downside, says Northland
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08:30 EDTFEYEFireEye valuation attractive, says Goldman
Goldman views Buy rated FireEye's share price as an attractive entry point for best-in-class growth, attractive positioning, reset expectations, and positive industry themes.
August 20, 2014
08:02 EDTPANWPalo Alto expands global distribution agreement with Westcon Group
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August 19, 2014
11:27 EDTFEYEFireEye drops sharply, levels to watch
In the last 15 minutes the shares have taken a sharp turn lower, lead by a large block trade of 4.89M shares. At the current price of $27.96, the stock is down over 2.9%. Next support at current price is at $27.25. Resistance is at $28.81.
06:17 EDTSYMCSymantec turns attention to smartphones, connected devices, WSJ reports
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August 18, 2014
10:41 EDTFEYECommunity Health discloses personal data compromised in cyber attack
Earlier today, Community Health (CYH) disclosed in a filing that in July Community Health Systems confirmed that its computer network was the target of an external, criminal cyber attack that the company believes occurred in April and June. The company and its forensic expert, Mandiant, a FireEye company (FEYE), believe the attacker was an “Advanced Persistent Threat” group originating from China who used highly sophisticated malware and technology to attack the company’s systems.The company has been informed by federal authorities and Mandiant that this intruder has typically sought valuable intellectual property, such as medical device and equipment development data. However, in this instance the data transferred was non-medical patient identification data related to the company’s physician practice operations and affected approximately 4.5M individuals who, in the last five years, were referred for or received services from physicians affiliated with the company. The company has confirmed that this data did not include patient credit card, medical or clinical information; the data is, however, considered protected under the Health Insurance Portability and Accountability Act because it includes patient names, addresses, birthdates, telephone numbers and social security numbers. The company does not believe this incident will have a material adverse effect on its business or financial results.

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