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March 25, 2014
06:14 EDTUNG, SYMCStocks with implied volatility below IV index mean; UNG SYMC
Stocks with implied volatility below IV index mean; United States Natural Gas Fund (UNG) 29, Symantec (SYMC) 30 according to iVolatility.
News For UNG;SYMC From The Last 14 Days
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February 23, 2015
10:15 EDTSYMCCyberArk sinks after JPMorgan analyst cuts rating to sell
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05:54 EDTSYMCSymantec management to meet with JMP Securities
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February 19, 2015
08:34 EDTSYMCIntralinks expands Enterprise Fabric partner ecosystem
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February 17, 2015
08:34 EDTSYMCImprivata announces partnership with Symantec
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07:22 EDTSYMCMitsubishi UFJ to hold a tour
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February 15, 2015
17:43 EDTSYMCCybersecurity firm Kaspersky warns of cyber attack on banks, FT says
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February 12, 2015
14:05 EDTSYMCFireEye rallies after Q4 results surpass analysts' estimates
Shares of cybersecurity firm FireEye are trading higher after reporting fourth quarter earnings and revenue that surpassed analysts' consensus estimates. WHAT'S NEW: FireEye reported a Q4 earnings per share loss of (38c) compared to estimates of (49c). FireEye reported Q4 revenue of $143M, beating analysts average estimates of $141.4M. Q4 billings were $212.6M, above the previously issued guidance range of $195M to $210M. FireEye's guidance for first quarter and fiscal year 2015 results were in-line with expectations. "In 2014, we brought together the industry's best technology, security expertise, and threat intelligence to protect organizations from advanced targeted attacks. We responded to nearly every high profile breach in the U.S., and we established strategic relationships with Global 2000 customers and partners around the world," said David DeWalt, CEO and chairman of FireEye. "Our growth over the last four quarters reflects the competitive differentiation of our security platform and incident response capabilities, as well as our sales execution and operational discipline. The market for our advanced security solutions continues to expand, and we believe we enter 2015 well positioned to extend our leadership and market share gains with innovative new solutions such as FireEye-as-a-Service and the FireEye Endpoint Threat Prevention Platform," added DeWalt. WHAT'S NOTABLE: FireEye, which has failed to turn a profit since making its market debut in 2013, is down from nearly $100 per share last year to trading near the $40 per share level currently. Shares of the cybersecurity firm rallied to nearly $100 per share early in 2014 after announcing the acquisition of privately held Mandiant, the leading provider of advanced endpoint security products. Insider sales and disappointing earnings in the ensuing quarters after the Mandiant acquisition sent shares precipitously lower during 2014. ANALYST REACTION: There were a number of positive reactions from analyst firms this morning, including those from JP Morgan, Goldman Sachs, and FBR Capital. Goldman said FireEye reported an in-line Q4 report with its estimates. The firm added that is believes FireEye has invested to build a broad platform and global sales footprint that positions it to capitalize on industry spending tailwinds and expects more improvements in margin growth. Goldman has shares Buy rated with a $44 price target, up from $41. PRICE ACTION: In early afternoon trading, FireEye was up $4.40, or 12%, to $40.05. OTHERS TO WATCH: Peers of Fire Eye include: Palo Alto Networks (PANW), Check Point Software Technologies (CHKP), Symantec Corporation (SYMC), and Fortinet (FTNT).
12:39 EDTSYMCFireEye considered an 'emergency responder' in cyber threats, AP says
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