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Stock Market & Financial Investment News

News Breaks
July 9, 2014
07:13 EDTPFPTProofpoint momentum continuing, can drive Q2 upside, says Stephens
Stephens said its checks on Proofpoint during Q2 have been positive and the firm believes its continuing momentum can drive upside to consensus estimates in the quarter. The firm reiterates its Overweight rating and $44 price target on the stock.
News For PFPT From The Last 14 Days
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October 22, 2014
06:44 EDTPFPTU.S. weighing cybersecurity requirements for bank vendors, NY Times says
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October 9, 2014
06:40 EDTPFPTSource 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

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