Symantec Corp

Latest Symantec Corp News and Updates

  • Why Salesforce Acquired Twin Prime
    Miscellaneous

    Why Salesforce Acquired Twin Prime

    Salesforce continued its spree in December 2016 with its acquisition of Twin Prime, a startup focused on machine learning.

    By Anne Shields
  • Why Symantec Acquired SurfEasy
    Technology & Communications

    Why Symantec Acquired SurfEasy

    On November 6, 2017, Symantec (SYMC) announced that it had acquired SurfEasy. In this series, we’ll look at that deal and other factors driving Symantec’s performance.

    By Anne Shields
  • uploads///cyber security growth
    Earnings Report

    How SMAC provides growth opportunities for Symantec

    SMAC has led to increased security concerns and more global spending on cyber security, which is expected to reach $71.1 billion in 2014.

    By Anne Shields
  • uploads///Mobile threats malicious code
    Company & Industry Overviews

    If BlackBerry Adopts Android, Its Security Standards Could Suffer

    A comparative lack of security for Android shows that BlackBerry could do more harm than good to its image as a secure player by adopting Android as its operating system.

    By Puneet Sikka
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    Earnings Report

    Why Symantec’s Fiscal 3Q18 Earnings Failed to Impress Investors

    Symantec (SYMC) reported fiscal 3Q18 revenues of ~$1.2 billion, missing the Wall Street estimate by $40.0 million.

    By Anne Shields
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    Materials

    Election Over, Market Still Undecided

    We know the nation is politically divided, and now the market is showing us its split personality as well.

    By JP Gravitt
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    Consumer

    Soros Fund Management’s Major Picks amid Trade War

    Soros Fund Management’s top five buys in the second quarter were Invesco QQQ Trust (QQQ), Alphabet, eBay, Symantec, and Red Hat.

    By Rabindra Samanta
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    Company & Industry Overviews

    EMC’s Cash-To-Debt Ratio Is 1x: How Does It Compare?

    Cash-to-debt ratio measures the financial strength of a company. EMC’s cash-to-debt ratio in 2Q15 is 1x, which is lower than the industry median of 1.4x.

    By Adam Rogers
  • uploads///SYMC
    Financials

    Jeffrey Ubben’s ValueAct Capital buys a new stake in Symantec

    ValueAct Capital initiated a new position in Symantec Corp. (SYMC) that accounts for 1.14% of the fund’s first quarter portfolio.

    By Samantha Nielson
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    Earnings Report

    Why FireEye’s Transition to a Cloud-Based Model Is Good News

    FireEye’s email security offerings—EX and ETP—provide protection against cyberattacks by reporting and examining suspicious email attachments and embedded URLs.

    By Anne Shields
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    Fund Managers

    George Soros Buys Slack, Increases SPY Short Exposure

    The 13F filing showed that George Soros bought almost 500,000 Slack (WORK) shares at an average price of $37.5 per share during the second quarter.

    By Mike Sonnenberg
  • uploads///Norton
    Miscellaneous

    How Could Symantec’s Norton Benefit from LifeLock’s Buyout?

    Continued sluggishness in computer market  In the previous part, we discussed Symantec’s (SYMC) latest acquisition of LifeLock. PC (personal computer) shipments fell for the eighth consecutive quarter in 3Q16. Gartner said that this was “the longest duration of decline in the history of the PC industry.” Let’s discuss how this acquisition is going to enhance its […]

    By Anne Shields
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    Miscellaneous

    Could Hexadite Mark the Onset of Microsoft’s M&A Spree?

    Believed to be the world’s largest cyberattack, WannaCry ransomware infected more than 230,000 computers in almost 150 countries.

    By Anne Shields
  • uploads///PC Shipments mkt share
    Earnings Report

    Global PC Market Impacts Symantec’s Consumer Security Segment

    The softness in the PC market is rumored to continue in 2015. This will dampen any prospects of a revival in Symantec’s Consumer Security Software business.

    By Anne Shields
  • uploads///shareholder activism
    Technology & Communications

    Shareholder Activism at Work with Oracle-NetSuite Deal

    In accordance with its minimum tender condition, the majority of NetSuite stakeholders must vote in favor of the deal to make it happen.

    By Anne Shields
  • uploads///Symantec enterprise security
    Earnings Report

    How Symantec’s Enterprise Security Segment Performed in Fiscal 1Q18

    Symantec reportedly blocked more than 1 billion attempted WannaCry ransomware attacks.

    By Anne Shields
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    Miscellaneous

    Here’s What Just Set FireEye Ablaze

    Cybersecurity firm FireEye saw the value of its shares rise 14.5% last week after investment bank Goldman Sachs upgraded the stock to a “buy.”

    By Adam Rogers
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    Technology & Communications

    How Could Cyphort’s Acquisition Benefit Juniper Networks?

    In September 2017, Juniper Networks (JNPR) announced that it would acquire software security company Cyphort for an undisclosed sum.

    By Adam Rogers
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    Earnings Report

    Does EMC Stock Hold Potential for Investors?

    In its fiscal 1Q15 earnings release, EMC lowered its expectations. Now, it expects its revenue and EPS to be $25.7 billion and $1.91, respectively.

    By Anne Shields
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    Financials

    ValueAct buys a stake in Expeditors International of Washington

    ValueAct Capital initiated a new position in Expeditors International of Washington Inc. (EXPD) that accounts for 0.65% of the fund’s first quarter portfolio.

    By Samantha Nielson
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    Earnings Report

    What Impacted Cisco Systems’ Security Revenues in Fiscal 2Q18?

    In fiscal 2Q18, Cisco’s (CSCO) Security segment posted revenues of $558.0 million, a 6.0% increase compared to $526.0 million in fiscal 2Q17.

    By Adam Rogers
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    Company & Industry Overviews

    How FireEye and Peers Could Be Impacted by Cybersecurity Attacks and New Laws

    Sophisticated cyberattacks and ransomware problems have become a real part of our day-to-day lives—and in the businesses of FireEye and Symantec.

    By Anne Shields
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    Company & Industry Overviews

    Behind Amazon’s Investment in Cloud Education

    Amazon, through its cloud computing division, AWS, recently announced the launch of a new collaboration and education program, Amazon ML Solutions Lab.

    By Neha Gupta
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    Earnings Report

    Symantec: Information Management Didn’t Grow in Fiscal 1Q16

    In fiscal 1Q16, Symantec’s Information Management—Veritas—posted revenue of $587 million. This was a fall of 10% on YoY (year-over-year) basis.

    By Anne Shields
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    Technology & Communications

    What Drove Fortinet Stock Lower on November 2?

    Fortinet (FTNT) fell 13.3% on November 2 to close at $72.56.

    By Adam Rogers
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    Technology & Communications

    Why Intel Spun Off Its Security Business

    Intel has agreed to sell a 51% stake in its security business to private investment company TPG in a $4.2 billion cash-stock deal.

    By Puja Tayal
  • Technology & Communications

    Why Bridgewater increased its position in Juniper Networks

    Bridgewater Associates increased its position in Juniper Networks from 0.07% in the 1Q portfolio to 0.21% in the fund’s 2Q portfolio.

    By Patricia Garner
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    Technology & Communications

    FireEye Is Trading at a 26% Discount to Average Analyst Estimates

    Cybersecurity (HACK) stock FireEye (FEYE) has taken investors on a volatile ride over the last few years.

    By Adam Rogers
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    Fund Managers

    Analysts See Symantec as Value Stock

    Analysts call Symantec (SYMC) a value stock. The average EV-to-sales for the System Software subsector is 3.93x. Symantec is trading at an EV multiple of 2.34x.

    By Adam Rogers
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    Company & Industry Overviews

    Why Analysts Maintain a Neutral View on Symantec Stock

    The average target price for Symantec provided by 29 analysts came in at $21.10 on August 27.

    By Aaron Hemsworth
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    Earnings Report

    What Key Factors Boosted Symantec’s Stock in Fiscal 2016?

    On October 26, 2016, Symantec said that it had integrated “Blue Coat Threat Intelligence into its Global Intelligence Network.”

    By Anne Shields
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    Earnings Report

    Why Symantec’s margins saw expansion in 2Q15

    Symantec exited unprofitable deals with OEMs, which led to the expansion of operating profit margins to 53% in the Consumer Security segment.

    By Anne Shields
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    Technology & Communications

    Broadcom Arranges Financing for Symantec Acquisition

    Semiconductor giant Broadcom is reportedly arranging funds for the acquisition of cybersecurity company Symantec, though the terms are undisclosed.

    By Sophia Nicholson
  • uploads///csco
    Technology & Communications

    Why Bridgewater Associates decreased its position in Cisco

    Bridgewater Associates decreased its position in Cisco from 0.20% in the 1Q portfolio to 0.09% in the fund’s 2Q portfolio.

    By Patricia Garner
  • uploads///Broadcom stock
    Company & Industry Overviews

    Broadcom Stock: Should You Buy after Analyst Upgrade?

    On November 19, Morgan Stanley upgraded Broadcom (AVGO) stock, increasing its price target and recommendations. AVGO rose 2.13% and closed at $317.70.

    By Sophia Nicholson
  • uploads///Broadcom stock
    Company & Industry Overviews

    Broadcom Stock Jumps on Morgan Stanley Upgrade

    Chip maker Broadcom (AVGO) stock jumped over 2% on November 19 after Morgan Stanley raised its price target and recommendations.

    By Sophia Nicholson
  • uploads///PING IDENTITY
    Earnings Report

    Ping Identity Stock Surges after Q3 Results

    Ping Identity shares have gained 20% after it announced its quarterly results on Wednesday. The company reported sales of $61.8 million.

    By Adam Rogers
  • Technology & Communications

    Must-know: An overview of SAP’s 2Q14 earnings

    In 2Q14, SAP reported that its revenues and operating profits grew by 2% and 4% compared to 2Q13. In the half year ending 2014 and in 2Q14, SAP reported revenues that grew over 6% and 5% to reach 7.85 billion Euros and 4.15 billion Euros, respectively. It missed the analysts’ estimates by 70 million Euros.

    By Anne Shields
  • uploads///AdobeStock_
    Consumer

    George Soros: Warren Is Most Qualified Candidate

    On October 25, George Soros weighed in on the 2020 election. He told the New York Times that Elizabeth Warren is the “most qualified to be president.”

    By Rabindra Samanta
  • uploads///IBM stock
    Company & Industry Overviews

    IBM: UBS Downgrades Stock, Predicts Lower Revenues

    IBM (IBM) stock fell around 1.13% on Monday and closed the trading session at $132.58. The shares fell after one analyst downgraded the stock.

    By Sophia Nicholson
  • uploads///IBM stock
    Earnings Report

    IBM Stock Fell Due to Revenue Miss: What’s Next?

    IBM (IBM) stock fell more than 5% in after-hours trading. The company reported mixed third-quarter results on Wednesday and beat the earnings estimates.

    By Sophia Nicholson
  • uploads///microsoft stock
    Consumer

    Is Microsoft Stock a ‘Buy’ amid Trade War Tumult?

    Microsoft (MSFT) stock fell 1.06% on October 8 and closed at $135.67. At this closing price, its market cap was about $1.04 trillion.

    By Sophia Nicholson
  • uploads///Broadcom stock
    Technology & Communications

    Broadcom Stock Fell in September: Will Weakness Continue?

    Broadcom stock closed the trading day at $274.85 and fell 0.44% on October 1. The stock was trading 14.9% below its 52-week high of $323.20.

    By Sophia Nicholson
  • uploads///Broadcom stock
    Company & Industry Overviews

    Can Broadcom’s Stock Offering Reduce Its Debt Burden?

    Yesterday, Broadcom (AVGO) stock fell 2.70% in after-hours trading after the chipmaker announced a convertible stock offering.

    By Sophia Nicholson
  • uploads///Graphics _Microprocessor
    Earnings Report

    Broadcom to Deleverage Its Balance Sheet

    Broadcom’s CEO is known for his mergers and acquisitions. He targets companies that are market leaders with high cash flows and distressed growth.

    By Puja Tayal
  • uploads///broadcom
    Technology & Communications

    Broadcom Stock: Why Is It Falling Today?

    Broadcom stock hasn’t been a great performer compared to its semiconductor peers this year. So far, the stock has fallen more than 4% today.

    By Sophia Nicholson
  • uploads///Broadcom
    Technology & Communications

    Broadcom Stock a Good Bet for Long-Term Investors

    As the trade war eases, Broadcom stock has soared 5.4% through September 10. Broadcom plans to release its Q3 earnings after the market closes.

    By Puja Tayal
  • uploads///orcl
    Earnings Report

    Oracle Stock Falls Due to Q1 Earnings, Co-CEO Takes Leave

    Oracle (ORCL) unexpectedly released its earnings results for the first quarter of fiscal 2020 on Wednesday after the market bell.

    By Sophia Nicholson
  • uploads///oracle
    Earnings Report

    Oracle on Track to Surpass Earnings Estimates Again

    Given its positive estimate revision, Oracle (ORCL) is likely to report upbeat fiscal 2020 first-quarter earnings on September 12.

    By Sophia Nicholson
  • uploads///SYMC
    Company & Industry Overviews

    Should Symantec Agree to a Private Equity Buyout Offer?

    After Friday’s buyout offer for Symantec’s Consumer Cyber Safety segment, its stock soared 4.5% to $24.52. This pushed its market cap to $15.2 billion.

    By Sophia Nicholson
  • uploads///SYMC
    Company & Industry Overviews

    Private Buyout: Symantec Stock Spikes 7%

    Symantec (SYMC) stock spiked as much as 7% on Friday and closed 4.5% higher to $24.52 on a buyout offer from Permira and Advent International.

    By Sophia Nicholson
  • uploads///ORCL
    Technology & Communications

    Why Investors Shouldn’t Ignore Oracle Stock

    Investors seem to have forgotten about Oracle, despite its strong gains this year. The enterprise software giant’s stock has risen 19.4% year-to-date.

    By Sophia Nicholson
  • uploads///BROADCOM
    Technology & Communications

    Broadcom Agrees to Aquire a Symantec Business for $10.7 Billion

    On August 8, leading semiconductor company Broadcom (AVGO) agreed to acquire Symantec’s Enterprise Security Business for $10.7 billion.

    By Adam Rogers
  • uploads///SYMC
    Company & Industry Overviews

    Symantec Sells Enterprise Unit, Stock Up on AVGO Deal

    Symantec (SYMC) stock soared and closed 12.3% higher yesterday after the cybersecurity company announced it was selling assets to Broadcom (AVGO).

    By Sophia Nicholson
  • uploads///SYMC
    Company & Industry Overviews

    Symantec Rewards Shareholders with Special Dividend

    Yesterday, Symantec (SYMC) inked an all-cash deal with Broadcom (AVGO) to sell its Enterprise Security unit for $10.7 billion.

    By Sophia Nicholson
  • uploads///SYMC
    Company & Industry Overviews

    Symantec Stock Surges Over 10% on Broadcom Buyout Talks

    Symantec stock is gaining momentum and is up over 10% in premarket trading on the news of its acquisition deal with Broadcom.

    By Sophia Nicholson
  • uploads///symantec
    Company & Industry Overviews

    Symantec and Broadcom Have Ended Deal Talks—What Now?

    Symantec (SYMC) stock plunged as much as 15% on Monday after the company halted deal negotiations with semiconductor giant Broadcom (AVGO).

    By Sophia Nicholson
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    Technology & Communications

    How Broadcom Plans to Benefit from Its Upcoming Acquisition

    Yesterday, after it was reported that Broadcom was in late-stage talks to acquire Symantec, its stock fell 3.5%. Here’s why.

    By Adam Rogers
  • uploads///blur capacitors chips
    Company & Industry Overviews

    Symantec Stock Jumped, Broadcom Plunged on Buyout Offer

    Yesterday, Broadcom (AVGO) stock plunged 3.5% and closed at $284.89 after it announced its intention to purchase Symantec (SYMC).

    By Sophia Nicholson
  • uploads///symantec pixabay
    Technology & Communications

    Why Symantec’s Earnings Could Remain Sluggish in Q1

    Symantec (SYMC) reported adjusted earnings of $0.39 per share in the fourth quarter of fiscal 2019, which declined ~11.4% from both the prior-year quarter and the sequential quarter due to higher investments in the enterprise security segment.

    By Sophia Nicholson
  • uploads///symantec pixabay
    Technology & Communications

    How Analysts Rate Symantec Stock

    Symantec’s near-term sales and profits are projected to see increased growth.

    By Sophia Nicholson
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    Earnings Report

    What’s Driving Oracle’s Earnings Growth?

    Cloud services provider Oracle (ORCL) posted adjusted EPS of $1.16 in the fourth quarter of fiscal 2019, which exceeded analysts’ expectation of $1.07 and marked a rise over the previous year’s $0.95. Oracle has beaten earnings estimates for the last ten consecutive quarters.

    By Sophia Nicholson
  • uploads///symantec pixabay
    Company & Industry Overviews

    Why Symantec’s Valuation Is Compelling

    The stock of software giant Symantec (SYMC) has fallen nearly 20% since the beginning of May 2019, which has made it attractive on the valuation front. The stock has gained 2.8% year-to-date as of June 14, compared to the S&P 500, which has risen more than 15% in the same period.

    By Sophia Nicholson
  • uploads///symantec enterprise security revenues
    Company & Industry Overviews

    Symantec’s Announcement of Its CEO’s Departure Shook Investors

    Symantec (SYMC) lost investors’ confidence when it announced on May 9 that its CEO, Greg Clark, would be leaving the company effective immediately.

    By Sophia Nicholson
  • uploads///symantec revenues
    Company & Industry Overviews

    Does Symantec Foresee Revenue Growth in 2020?

    Symantec’s (SYMC) revenue of $1.195 billion in the fourth quarter of 2019 missed analysts’ estimate of $1.21 billion.

    By Sophia Nicholson
  • uploads///Fortinet market share
    Company & Industry Overviews

    Fortinet Gains Market Share in Worldwide Security Segment

    Fortinet managed to increase sales by 17.7% in the fourth quarter

    By Adam Rogers
  • uploads///fortinet sales growth
    Earnings Report

    What Are Fortinet’s Key Revenue Drivers for 2019 and Beyond?

    Analysts expect Fortinet’s sales to rise 16% in fiscal 2019 to $2.09 billion, 13.2% in 2020 to $2.37 billion, and 11% to $2.62 billion in 2021.

    By Adam Rogers
  • uploads///Fireeye operating margin
    Earnings Report

    What Could Drive FireEye Shares Higher

    FireEye (FEYE) is not yet GAAP-profitable. Though the company has managed to improve its net margin from -104% in 2014 to -29.3% in 2018, it’s likely to improve to -12.5% by 2021.

    By Adam Rogers
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    Technology & Communications

    Is Fortinet Stock Overvalued after Generating Huge Returns?

    Cybersecurity (HACK) stock Fortinet (FTNT) has generated returns of 68% in the last 12 months.

    By Adam Rogers
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    Company & Industry Overviews

    Little-Known Alphabet Unit Enters $300 Billion Industry

    Alphabet’s (GOOGL) little-known subsidiary called Chronicle is going for a huge prize: the $300 billion cybersecurity market.

    By Neha Gupta
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    Company & Industry Overviews

    Behind Cisco’s $11 Million Canada Investment Plan

    Cisco Systems (CSCO) recently announced a plan to invest around $11 million to grow its business in Canada.

    By Ruchi Gupta
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    Consumer

    Why Oracle’s Revenue Growth Is Getting Sluggish

    Software giant Oracle (ORCL) topped revenue estimates of nearly $9.62 billion by 0.3% in the third quarter of fiscal 2019.

    By Sophia Nicholson
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    Industrials

    Symantec Foresees Revenue Growth in 2019

    Symantec (SYMC) topped its revenue estimates in the third quarter of fiscal 2019 and grew slightly from the previous year’s quarter.

    By Sophia Nicholson
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    Company & Industry Overviews

    Analyzing Symantec’s Partnership with Fortinet

    On December 11, Symantec announced that it will partner with Fortinet (FTNT) to provide comprehensive security solutions.

    By Puneet Sikka
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    Company & Industry Overviews

    What Next for Imperva?

    Imperva (IMPV) now looks to be firmly on track to be acquired by Thoma Bravo after its go-shop window closed.

    By Ruchi Gupta
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    Company & Industry Overviews

    Why FireEye Stock Is Overvalued

    On October 11, FireEye (FEYE) was trading at a forward EV-to-EBITDA multiple of ~26.1x as compared to the industry average of 8.1x.

    By Aaron Hemsworth
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    Company & Industry Overviews

    How Is Microsoft Returning Value to Shareholders?

    Tech giant Microsoft (MSFT) has been rewarding its shareholders with dividend payments.

    By Sophia Nicholson
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    Company & Industry Overviews

    Symantec’s New Email Threat Isolation versus Advanced Attacks

    To boost its email security service, Symantec (SYMC) launched its integrated Email Threat Isolation service yesterday to protect end users from high-level email threats.

    By Aaron Hemsworth
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    Technology & Communications

    What Affected Symantec Stock in May?

    Shares of cybersecurity (HACK) company Symantec (SYMC) fell 25% in May and closed at $20.78.

    By Adam Rogers
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    Company & Industry Overviews

    Mattel: S&P 500’s Top Gainer on May 15

    Mattel, which is an American multinational toy manufacturing company, was the S&P 500’s top gainer on May 15.

    By Val Kensington
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    Company & Industry Overviews

    Why Symantec Stock Bounced Back on Monday

    Symantec (SYMC) stock bounced back on Monday, rising ~9.6% to $21.40 after falling more than 30% on Friday.

    By Sophia Nicholson
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    Company & Industry Overviews

    Gauging FireEye’s Value Proposition in the Cybersecurity Space

    Most companies in the cybersecurity space are relatively new, and so most of them don’t pay dividends—FireEye, Palo Alto Networks, and Fortinet included.

    By Anne Shields
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    Earnings Report

    Does Symantec’s Cash Flow Supports Its Acquisition Strategy?

    Cash, debt, and cash flow Previously, we discussed Symantec’s (SYMC) operating segments’ revenue and margin contribution in fiscal 2Q18. In this part, we’ll look at Symantec’s balance sheet strength. In fiscal 2Q18, which ended September 30, 2017, Symantec had ~$2.0 billion in cash and cash equivalents. On September 30, 2017, Symantec had $6.2 billion in long-term […]

    By Anne Shields
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    Company & Industry Overviews

    How Symantec Is Enhancing Its Endpoint Protection Product Line

    Differentiating features of new releases Previously, we discussed Symantec’s (SYMC) Integrated Cyber Defense Platform. It is hoped that newly released SEP (Symantec Endpoint Protection) 14.1, SEP Mobile, and ATP (Advanced Threat Protection) 3.0 will help the company deliver defense across traditional and modern endpoints. Let’s look at what gives these new releases an edge over peer […]

    By Anne Shields
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    Technology & Communications

    How SurfEasy Could Benefit Symantec’s Consumer Segment

    SurfEasy acquisition Previously, we discussed Symantec’s (SYMC) acquisition announcement of SurfEasy. After the acquisition, Symantec aims to integrate SurfEasy into its Consumer Digital Safety segment, which includes Norton and LifeLock. SurfEasy’s VPN (virtual private network) service will add privacy, information, and identity protection to Symantec’s digital safety offerings. Prior to its acquisition, SurfEasy was an OEM (original equipment manufacturer) […]

    By Anne Shields
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    Technology & Communications

    Analyzing Symantec, a Low Dividend Grower

    Symantec’s costs and expenses fell 6.0% and 31.0% in 2015 and 2016, respectively.

    By Amanda Lawrence
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    Earnings Report

    Inside Cisco’s Security Segment: Revenue Outlook for Fiscal 1Q18

    In fiscal 2017, Cisco’s Security segment generated revenues of $2.2 billion—a rise of 9% YoY, compared with its revenues of $2 billion in fiscal 2016.

    By Adam Rogers
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    Company & Industry Overviews

    How IBM Stock Compared to the S&P 500

    IBM stock versus the S&P 500 versus the Dow Jones Earlier in this series, we discussed the factors that weighed on IBM stock. If IBM’S (IBM) soon-to-be-announced 3Q17 earnings can beat analyst and market expectations, it could provide a significant boost to its stock. IBM’s cloud offerings’ increased traction and their increased contribution to its […]

    By Anne Shields
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    Company & Industry Overviews

    Why Intel Fought to Keep the McAfee Brand

    According to research firm MarketsandMarkets, the global cybersecurity market is expected to surpass $231.9 billion by 2022, compared with an estimated $137.9 billion this year.

    By Ruchi Gupta
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    Company & Industry Overviews

    Understanding FireEye’s Stock Surge This Year

    FireEye’s improved earnings and transition toward SaaS Improved growth and earnings and a renewed focus on cybersecurity have acted as catalysts for FireEye’s (FEYE) stock rise of ~42% YTD (year-to-date). FireEye’s fiscal 2Q17 results and its guidance for the current quarter exceeded analysts’ expectations. FireEye’s transition to the SaaS (software as a service) model bodes […]

    By Anne Shields
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    Company & Industry Overviews

    Assessing FireEye’s EU Opportunities in General Data Protection Regulations

    According to the EU’s GDPR, companies are required to make a “good faith effort” to inform regulatory authorities of data breaches within 72 hours.

    By Anne Shields
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    Technology & Communications

    How Wall Street Analysts View Symantec Stock

    Of the 28 analyst recommendations for Symantec stock, there was only one “sell” recommendation on August 24, 2017. More than 50% of the recommendations were “hold,” and the rest were “buy.”

    By Anne Shields
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    Technology & Communications

    Behind HACK’s Investment Strategy

    HACK follows a replication strategy, which is an indexing strategy that involves investing in securities in the same proportions as the index.

    By Peter Barnes
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    Earnings Report

    Chart in Focus: Symantec’s Leadership in the Secure Web Gateway Space

    According to MarketsandMarkets, the global SWG market is expected to grow at a CAGR of 20.5% to $5.6 billion by 2020, up from $2.2 billion in 2015.

    By Anne Shields
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    Technology & Communications

    What Role Did Google Play in the Symantec–DigiCert Deal?

    In its fiscal 1Q18 earnings release, Symantec highlighted that its Website Security and related PKI solutions are expected to contribute ~$400 million and ~$180 million in overall revenues and operating income, respectively.

    By Anne Shields
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    Technology & Communications

    Why Symantec Sold Its Web Security Business to DigiCert

    Symantec purchased its Website Security business from VeriSign in 2010. In 2012, the company bought the remaining interest in VeriSign Japan.

    By Anne Shields
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    Technology & Communications

    Why Symantec Acquired Fireglass

    Symantec announced the acquisition of Fireglass in early July 2017.

    By Anne Shields
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    Earnings Report

    Why Symantec’s Enterprise Security Segment Is Inclined toward the Cloud

    In late May 2017, Microsoft (MSFT) acquired Hexadite to strengthen its position in the cybersecurity space.

    By Anne Shields
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    Company & Industry Overviews

    Cisco’s Value Proposition in the Cybersecurity Space

    Recurring revenues made up 31% of Cisco’s total fiscal 3Q17 revenues compared to 29% in fiscal 3Q16.

    By Anne Shields
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    Company & Industry Overviews

    What Technical Indicators Say about Cisco Stock

    Cisco’s 14-day MACD of -0.30 shows a downward trading trend because the figure is negative.

    By Anne Shields
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