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Stock Market & Financial Investment News

News Breaks
February 11, 2014
07:43 EDTSYMC, IMPV, FTNT, CSCO, CHKP, PFPT, PANW, CUDA, FEYE, FFIV, QLYSFireEye to release new cyber product targeting Cisco, Paol Alto, Reuters says
FireEye (FEYE), the cybersecurity firm, is going after Cisco Systems (CSCO) and Palo Alto Networks (PANW) and will begin selling intrusion prevention systems by mid-year, reports Reuters. The systems help companies detect cyber threats that breach their firewalls. Publicly traded companies in the space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), Fortinet (FTNT), Imperva (IMPV), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC).Reference Link
News For QLYS;PANW;FTNT;FFIV;PFPT;IMPV;FEYE;CHKP;SYMC;CUDA;CSCO From The Last 14 Days
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August 31, 2015
16:10 EDTFTNT, IMPV, QLYS, PFPTStephens to hold a tour
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14:05 EDTCSCOApple, Cisco announce partnership for 'fast lane' for iOS enterprise users
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11:03 EDTCSCOEricsson signs OSSii license agreements with Cisco and Tektronix
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08:31 EDTCHKPAcronis and Check Point announces partnership
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08:03 EDTFEYECybergy partners with FireEye for cybersecurity push
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07:52 EDTPANWPalo Alto checks positive, says Oppenheimer
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August 28, 2015
16:18 EDTCSCOCisco CEO Charles Robbins adopts 10b5-1 trading plan
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08:18 EDTSYMCSymantec management to meet with Jefferies
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07:17 EDTCSCO, FFIVCoomunication tech stock drop likely a buying opportunity, says Wells Fargo
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07:12 EDTPANWWilliam Blair names 21 stocks best positioned for volatile markets
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August 25, 2015
09:35 EDTCSCOActive equity options trading on open
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08:08 EDTFEYEFireEye, Adobe among quality 'flushed out' tech names, says JPMorgan
JPMorgan analyst Sterling Auty says that market disruptions like the one seen in the last several days have historically provided a unique opportunity to invest in high-quality names and identified FireEye (FEYE), Adobe (ADBE), Veeva Systems (VEEV) and Rovi (ROVI) as four particularly interesting tech stocks that "appear flushed out" and now offer "exaggerated" risk/reward. The firm has Overweight ratings on all four stocks mentioned above after having upgraded Rovi to Overweight this morning.
August 24, 2015
15:01 EDTPANW, FEYEWyndham slips after FTC given go-ahead for data breach lawsuit
Shares of Wyndham (WYN) have slipped in afternoon trading after an appeals court ruled that the FTC can sue the company over its allegedly poor cybersecurity practices. WHAT'S NEW: According to a Reuters report of court proceedings, the 3rd U.S. Circuit Court of Appeals in Philadelphia has ruled that the FTC may proceed with its lawsuit against Wyndham over data breaches in 2008 and 2009, saying the hotel company failed to take reasonable steps to protect customer information. Wyndham's allegedly lackluster data protection policies constitute "unfair and deceptive trade practices," granting the Federal Trade Commission authority to step in, said Judge Thomas Ambro. FTC Chairwoman Edith Ramirez commented, "It is not only appropriate, but critical, that the FTC has the ability to take action on behalf of consumers when companies fail to take reasonable steps to secure sensitive consumer information," according to the report. WHAT'S NOTABLE: Today's ruling comes in the wake of numerous high-profile "hack attacks," with American Airlines (AAL), Anthem (ANTM), United Airlines (UAL) and Target (TGT) all reporting digital security breaches in recent years. Though no final verdict has been reached in the case between the FTC and Wyndham, Judge Ambro may have established the beginnings of a legal precedent potentially allowing the Commission to sue companies for not going far enough to protect consumer data and Chairwoman Ramirez appeared to share that broader tone. PRICE ACTION: Shares of Wyndham are down about 4% in intraday trading. Cybersecurity firms FireEye (FEYE) and Palo Alto Networks (PANW) are down roughly 2% and 2.7% for the afternoon.
14:21 EDTPANW, SYMC, FFIV, QLYS, FEYE, FTNT, PFPT, CUDA, CHKP, IMPVJMP Securities says pullback in Palo Alto a buying opportunity
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08:52 EDTPANWPalo Alto weakness creates buying opportunity, says JMP Securities
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08:36 EDTIMPV, CUDA, PANWIT security outlook still positive, says Pacific Crest
After attending a conference and analyzing IT security companies' Q2 results, Pacific Crest is more confident that IT security spending trends will continue to be strong. The firm identifies Barracuda (CUDA), Imperva (IMPV) and Palo Alto (PANW) as its favorite names in the space.
August 21, 2015
12:13 EDTCSCOBrocade soars after Q3 results top estimates
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10:02 EDTSYMCOn The Fly: Analyst Upgrade Summary
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09:29 EDTPANWPalo Alto results should beat expectations, says RBC Capital
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06:48 EDTSYMCSymantec upgraded to Equal Weight from Underweight at Morgan Stanley
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