New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 7, 2014
08:49 EDTN, CRM, FEYE, SPLK, PANW, WDAYFBR sees 'golden buying opportunity' in enterprise software
FBR Capital says a "'golden buying opportunity" exists in the enterprise software space following the recent sell-off of high-growth names. The firm believes overall software results in Q1 tracked in line to slightly ahead of expectations. It recommends buying Splunk (SPLK), (CRM), Workday (WDAY), FireEye (FEYE), NetSuite (N) and Palo Alto (PANW) on the recent pullbacks.
News For SPLK;CRM;WDAY;FEYE;N;PANW From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | 3 >>
September 27, 2015
14:04 EDTFEYE, PANWCybersecurity firms look prime for takeover, Barron's says
Cybersecurity companies like Palo Alto Networks (PANW), Fortinet (FTNT), and FireEye (FEYE) are becoming increasingly-attractive takeover targets for a Cisco (CSCO) or IBM (IBM), and any future dip in their stocks could represent a buying opportunity, Barron's contends in its 'Technology Trader' column. Reference Link
September 25, 2015
12:48 EDTCRMSalesforce says does not support CISA
Subscribe for More Information
08:59 EDTWDAYAutodesk, Workday, Veeva weakness present buying opportunities, says Canaccord
Subscribe for More Information
08:24 EDTCRMSalesforce checks positive, says Oppenheimer
After attending Salesforce's conference, Oppenheimer says that more enterprises were represented, indicating that the company's share of that market could be increasing, according to the firm. Oppenheimer adds that the company's platform strategy is becoming more popular with customers, and could enable it to monetize its large installed base. The firm reiterates an $80 price target and Outperform rating on the shares.
05:40 EDTCRMSalesforce implied volatility of 32 at lower end of index mean range
Subscribe for More Information
September 24, 2015
07:44 EDTSPLKSplunk premium valuation defensible, says UBS
Subscribe for More Information
05:29 EDTCRMSalesforce implied volatility of 32 at lower end of index mean range
Subscribe for More Information
September 23, 2015
20:08 EDTFEYE, PANWChinese president visits U.S. amid cybersecurity, copyright worries
As part of his first official U.S. visit, Chinese president Xi Jinping held a meeting with American business leaders on Wednesday to address concerns of copyright infringement and cybersecurity, among numerous topics. In attendance were corporate giants from both nations, including Microsoft (MSFT), Apple (AAPL), Amazon (AMZN), Cisco (CSCO), Alibaba (BABA), Tencent (TCEHY), and Baidu (BIDU), according to media reports. COPYRIGHT CONCERNS: Responding to oft-cited concerns of copyright infringement by Chinese companies, Xi said China will "stand firm to protect" the intellectual property rights of American companies, according to Wall Street Journal coverage of the event. Note that in late 2014, China began establishing specialized courts to deliberate on intellectual property rights cases, and Xi commented Wednesday that "the newly established IPR courts are working smoothly. This means there will be much stronger IPR protection which will serve the interests of foreign businesses as well as Chinese companies." Chinese consumer electronics company Xiaomi is perhaps the most talked-about firm when it comes to the matter, with media outlets frequently criticizing its alleged "copying" of Apple design sensibilities. In mid-July, Xiaomi VP of global operations Hugo Barra told Bloomberg that the company is preparing to enter U.S. markets, though he cautioned that the launch could be "much more" than a year away as it seeks to build up its patent portfolio. CYBERSECURITY TENSIONS: Wednesday's meeting comes in the wake of numerous high-profile "hack attacks," with Sony (SNE), American Airlines (AAL), Anthem (ANTM), United Airlines (UAL), and Target (TGT) all reporting digital security breaches in recent years. Xi has consistently denied the involvement of state-backed hackers, but tensions have nevertheless arisen as cybersecurity firms such as FireEye (FEYE) and Palo Alto Networks (PANW) backtrace connections to the country. Cybersecurity intrusions originating from China have recently slowed ahead of Xi's visit, according to Reuters, with Kevin Mandia of security firm Mandiant telling the publication, "In my gut, I feel like the Chinese and the U.S. over the next couple of years are going to figure this out."
12:36 EDTFEYE, PANWGovernment cyber attack affects larger number of fingerprint data
Subscribe for More Information
12:16 EDTFEYE, PANWPiper says reseller event positive for Palo Alto, Imperva, CyberArk
Piper Jaffray analyst Andrew Nowinski says his investor briefing with a large security reseller yielded positive feedback on Palo Alto (PANW), Imperva (IMPV) and CyberArk (CYBR). The reseller's customers' top spending priority is now inside threat protection, which bodes well for Imperva and CyberArk, Nowinski tells investors in a research note. Further, their growth with Palo Alto continues to ramp and should exceed 50% in 2016, the analyst adds. Nowinski found comments around FireEye (FEYE) "slightly more cautious" with some viewing the Mandiant service organization as competitive to their professional service offerings.
12:14 EDTWDAYWorkday to host analyst day
Subscribe for More Information
11:19 EDTFEYEApple security breach larger than first thought, Sky News says
Subscribe for More Information
07:36 EDTSPLKSplunk price target lowered to $75 from $83 at Canaccord
After attending Splunk's user conference this week and analyst session yesterday, Canaccord analyst Richard Davis Jr. said the company is still "best in class" in the big data sub-segment in which it operates with no signs of giving up that position. Following a 15% pullback since mid-August, Splunk shares are "comparatively inexpensive," the analyst told investors. Noting that the analyst day highlighted Splunk's continued investments in its product initiatives, Davis Jr. lowered his price target on the stock $75 from $83.
07:17 EDTSPLKSplunk tone 'decidedly positive' at analyst day, says William Blair
Subscribe for More Information
05:32 EDTCRMSalesforce implied volatility of 32 at lower end of index mean range
September 22, 2015
14:34 EDTCRMVerizon spins out CrunchBase, says AOL to retain significant ownership interest
Subscribe for More Information
07:46 EDTPANWPalo Alto management to meet with Topeka
Subscribe for More Information
September 21, 2015
09:39 EDTSPLKSplunk to host analyst and investor meeting
Analyst and Investor Meeting to be held in Las Vegas on September 22 at 12 pm. Webcast Link
09:04 EDTCRMSymantec appoints Dan Rogers as Chief Marketing Officer
Symantec Corp. (SYMC) announced that it has appointed Dan Rogers to Chief Marketing Officer. Reporting to Symantec CEO Michael A. Brown, Rogers will oversee the company's marketing efforts, including brand awareness, digital marketing, demand generation and events. Since 2013, Rogers has been Chief Marketing Officer of the EMEA-region at Salesforce (CRM).
07:12 EDTSPLKSplunk to hold a users conference
Subscribe for More Information
1 | 2 | 3 >>

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the disclaimer & terms of use