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Stock Market & Financial Investment News

News Breaks
November 25, 2013
08:26 EDTSYMCSymantec CEO says cybersecurity threat to intellectual property, FT reports
Symantec CEO Steve Bennett warned that intellectual property theft is a greater cybersecurity threat than cyber war and malicious attacks from rogue hackers, reports the Financial Times. Bennett said even western companies were using cyber attacks to steal intellectual property, with potentially dangerous consequences for the global economy if innovation cannot be protected. Reference Link
News For 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 EDTSYMCNetwork 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
17:49 EDTSYMCImperva plummets after lowering Q1 EPS and revenue outlook
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17:32 EDTSYMCImperva 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.

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