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Stock Market & Financial Investment News

News Breaks
December 20, 2013
09:07 EDTSYMCSymantec announces departure of acting CFO, CAO
Symantec announced that it has appointed Don Rath, vice president of global tax, as interim CFO and CAO effective January 2, 2014. He assumes this role following the departure of Andrew 'Drew' Del Matto, Symantec's current acting CFO and CAO, who will leave the company on December 31 to become CFO of Fortinet. Rath joined Symantec in August 2012 and previously held senior tax and finance roles with Synopsys, Chiron and Veritas. A CPA in California, he practiced for nine years with Ernst & Young LLP. Rath holds a B.A. from Yale University, an M.B.A. from the University of California Haas School of Business and an M.S. in Taxation from Golden Gate University in San Francisco.
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.
April 4, 2014
16:30 EDTSYMCOn The Fly: Closing Wrap
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15:22 EDTSYMCSymantec calls active on eyed by activists, interviews advisors
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14:59 EDTSYMCSymantec eyed by activists, interviews advisors, Reuters says
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14:37 EDTSYMCSymantec hiring bank for strategic advice, Reuters says
Symantec is being examined as a potential target by large activist funds, according to Reuters.
April 2, 2014
10:12 EDTSYMCFortinet advances following Wells Fargo upgrade
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