Symantec Corp

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  • 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
    Tech & Comm Services

    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///ransomware _
    Company & Industry Overviews

    Can Palo Alto’s New Strategies Drive Its Security Business?

    Cybersecurity company Palo Alto Networks (PANW) is expanding its product portfolio, adding new and updated products.

    By Aaron Hemsworth
  • 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///cybersecurity space
    Company & Industry Overviews

    Symantec’s Value Proposition in the Cybersecurity Space

    Symantec’s scale in the cybersecurity space So far in this series, we’ve looked at Symantec’s (SYMC) performance in fiscal 2Q18. We’ve discussed its segment-wise performance and factors that could boost its prospects in the rapidly growing cybersecurity space. In this part, we’ll compare Symantec’s value proposition with peers’. On November 27, 2017, Cisco Systems (CSCO), with a market […]

    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
  • uploads///helix
    Company & Industry Overviews

    Helix Could Be a Major Force for FireEye

    FireEye’s (FEYE) Helix security technology combines the company’s network, email, and endpoint security platforms with its advanced threat intelligence, threat analytics, and orchestration features.

    By Aaron Hemsworth
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    Company & Industry Overviews

    How FireEye’s Growth Prospects Look

    With the Finjan Holdings (FNJN) litigation now behind it and subscription-based revenues continuing to grow, FireEye’s (FEYE) prospects in the security market may have just brightened.

    By Ruchi Gupta
  • uploads///Vasco Moving Avg
    Macroeconomic Analysis

    VASCO Data Security Outperformed Its Peer Group

    VASCO Data Security is thus trading at a discount of 44.17% with respect to its median target and looks to be an attractive buy at current levels.

    By Parker Thomas
  • uploads///Moving averages
    Macroeconomic Analysis

    What Are Analyst Recommendations for Vasco Data Security?

    Vasco Data Security (VDSI) has generated returns of -25.5% in the trailing 12 months and 3.0% in the trailing-one-month period.

    By Parker Thomas
  • uploads///man _
    Basic 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
  • uploads///share price
    Company & Industry Overviews

    Can FireEye Stock Gain Momentum?

    FireEye (FEYE) stock has gained 16% in the last six months.

    By Aaron Hemsworth
  • uploads///snap
    Earnings Report

    How Snap Stock Stacks Up

    What’s Snap’s economic value? Snap (SNAP) boasts an enterprise value (or EV) of $14.3 billion. Peers FireEye (FEYE), IBM (IBM), Symantec (SYMC), and Oracle (ORCL) have EVs of $2.5 billion, $176.8 billion, $22.1 billion, and $190.6 billion, respectively. Snap’s trailing-12-month EV-to-sales ratio is 20.3x, and its EV-to-projected-sales ratio for the next year is 11.0x. Snap’s price […]

    By Neha Gupta
  • uploads///Margins
    Earnings Report

    FireEye’s 3Q16 Cash Flow Presents a Source of Concern

    In fiscal 4Q16, FireEye (FEYE) expects its revenues to range from $187 million–$193 million and its billings to range from $230 million–$250 million.

    By Anne Shields
  • uploads///Daily Performance
    Macroeconomic Analysis

    Internet Software and Service Sector Outperforms HACK

    The PureFunds ISE Cyber Security ETF (HACK) closed at $27.35 with a return of 0.18% on September 21, 2015.

    By Parker Thomas
  • uploads///AdobeStock_
    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
  • uploads///hacking _
    Company & Industry Overviews

    How Symantec’s Cloud Security Product Became the Best

    On December 20, Symantec announced that its Cloud Workload Protection (or CWP) product won the “product of the year” award in the cloud security category.

    By Puneet Sikka
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    Miscellaneous

    How Could the Blue Coat Acquisition Benefit Symantec?

    To boost its position in the cybersecurity space, Symantec has strategically chose to acquire Blue Coat.

    By Anne Shields
  • uploads///EMC
    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
  • uploads///SILVERLAKE
    Company & Industry Overviews

    Why Symantec’s Buyout Was Expected after Silver Lake’s Investment

    According to the New York Times, Symantec’s acquisition of Blue Coat was expected since it’s in line with Silver Lake’s working methods.

    By Anne Shields
  • uploads///job cuts
    Company & Industry Overviews

    HP Resorts to Layoffs to Control Costs, Boost Earnings per Share

    In fiscal 3Q15, HP’s layoffs or job cuts led to a fall of 13% on a year-over-year basis in GAAP SG&A expenses.

    By Anne Shields
  • uploads///Cloud
    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
  • uploads///George Soros
    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
  • uploads///SYMC LEADER DLP
    Company & Industry Overviews

    Symantec Is on the Lookout for a New CEO

    Symantec (SYMC) has announced that the company is searching for a new CEO after its current CEO Michael Brown stepped down. Brown will continue in his position until a new CEO comes on board.

    By Anne Shields
  • uploads///Splunk quarterly revenues
    Company & Industry Overviews

    Symantec: What’s Impressive about Splunk?

    In fiscal 2Q18, Splunk posted revenue growth of nearly 32% year-over-year to $280 million.

    By Ruchi Gupta
  • uploads///shareholder activism
    Consumer

    Citrix Is the Latest to Yield to Shareholder Activism

    Shareholder activism plays a dominant role in the breakup of companies to unlock shareholder potential.

    By Anne Shields
  • uploads///cybersecurity startup acquirers
    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///DLP
    Earnings Report

    What Impacted Symantec’s Operating Segments in Fiscal 2016?

    In fiscal 2016, Symantec’s Enterprise Security and Consumer Security segments posted revenues of ~$1.9 billion and ~$1.7 billion, respectively. They fell by 7% and 13% on a year-over-year basis.

    By Anne Shields
  • uploads///comparison
    Company & Industry Overviews

    The Amazon-Microsoft Competition Is about to Get Fiercer

    Technology players’ initiatives Earlier in this series, we learned that cloud and cognitive computing will continue to dominate the IT (information technology) space, which explains technology players’ ongoing investment in them. Amazon (AMZN) recently announced three new AI (artificial intelligence) services—Amazon Lex, Amazon Polly, and Amazon Rekognition—for its cloud users. Amazon’s recent disclosure of its […]

    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
    Tech & Comm Services

    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///Revenue contribution
    Earnings Report

    Can Oracle’s Fiscal 1Q17 Results Beat Analysts’ Expectations?

    Oracle is scheduled to report its fiscal 1Q17 results on September 16. Analysts expect revenues and non-GAAP EPS to be $8.7 billion and $0.58, respectively.

    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
  • Tech & Comm Services

    Will a split or spinoff unlock Symantec’s value

    Former CEO Steve Bennett’s turnaround plan Symantec 4.0 focused on a transformation within Symantec to an integrated solutions company. Product offerings were aligned across three segments namely user productivity and protection, information management, and information security. However, the recent management change surprised analysts and raised concerns about the outcome of the turnaround strategy. Although Bennett […]

    By Samantha Nielson
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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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    Tech & Comm Services

    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
  • uploads///Lifelock
    Company & Industry Overviews

    Will Equifax’s Loss Be Symantec’s LifeLock Gain?

    Credit bureau company Equifax offers many credit-monitoring and identity-theft protection offerings, and its solutions include ID Patrol and ID Patrol Premier.

    By Anne Shields
  • uploads///
    Miscellaneous

    Why Shares of FireEye Just Jumped

    FireEye stock rose ~8% on March 20, 2017, to close at $11.61, after Bank of America analyst Tal Liani upgraded the stock from “neutral” to “buy.”

    By Adam Rogers
  • uploads///cybersecurity
    Earnings Report

    Will Symantec’s Enterprise Security Gain from Blue Coat Buyout?

    To boost its position and to tap the increasingly competitive security market, Symantec strategically chose to acquire Blue Coat for ~$4.7 billion.

    By Anne Shields
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    Company & Industry Overviews

    Why CSC Stock Has Taken a Beating Recently

    The breakup of CSC and CSRA into two separate companies, effective November 30, was likely the reason for the ~55% fall in CSC’s share price on November 30.

    By Anne Shields
  • uploads///transaction
    Tech & Comm Services

    PE Firms and the Current Acquisition Spree

    The Apollo Global-Rackspace (RAX) deal is the latest deal indicating the growing interest of PE firms in the technology space.

    By Anne Shields
  • uploads///storage
    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
  • uploads/// Market size
    Tech & Comm Services

    HACK: The World’s First Cybersecurity ETF

    The ETFMG Prime Cyber Security ETF (HACK) is an ETF (exchange-traded fund) that tracks the price and yield performance of the Prime Cyber Defense Index.

    By Peter Barnes
  • uploads///EXPD
    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
  • uploads///Oracle earnings and consensus
    Earnings Report

    What Drove Oracle’s Q3 Earnings Results?

    Cloud services company Oracle (ORCL) posted adjusted earnings of $0.87 per share in the third quarter of fiscal 2019.

    By Sophia Nicholson
  • uploads///PBBA
    Earnings Report

    How Did Symantec’s Enterprise Security Perform in 4Q15?

    Symantec’s (SYMC) Enterprise Security segment reported a revenue drop of 6% quarter-over-quarter and 2% year-over-year.

    By Anne Shields
  • uploads///
    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
  • uploads///spending on cybersecurity
    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
  • uploads///
    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
  • uploads///job cuts
    Company & Industry Overviews

    Why Symantec Might Have to Resort to Layoffs to Control Costs

    Symantec announced that it intends to save ~$400 million per year by the end of fiscal 2018. Symantec will likely announce layoffs to save costs.

    By Anne Shields
  • uploads///oracle cloud market palce
    Company & Industry Overviews

    Why Is Oracle Partnering with Symantec?

    On December 11, Symantec announced that the primary cloud security components of its Integrated Cyber Defense platform are available through Oracle Cloud.

    By Anne Shields
  • uploads///bbcbfadbadcfcad
    Earnings Report

    Symantec Beat 3Q16 Estimates despite the Strong Dollar

    Symantec reported revenues of $909 million and non-GAAP EPS of $0.26 in fiscal 3Q16, which beat analysts’ expectations.

    By Anne Shields
  • uploads///product roadmap
    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
  • uploads///subscription model
    Tech & Comm Services

    Why FireEye Could Be Seen as an Acquisition Target

    FireEye has frequently been considered as a potential takeover target, and its transition toward a subscription business model makes it an attractive option.

    By Anne Shields
  • uploads///Total Debt
    Company & Industry Overviews

    How Higher Debt Levels Affect Symantec

    Symantec’s (SYMC) debt levels in the last two years have increased at a rapid pace, driven by the acquisition of Blue Coat Systems for ~$4.7 billion and LifeLock for $2.3 billion.

    By Aaron Hemsworth
  • uploads///enterprise sec revs
    Company & Industry Overviews

    Why the Enterprise Security Business Is Looking Soft

    Symantec expects its fiscal 2019 revenues to reach $2.27 billion–$2.35 billion compared with its previous guidance of $2.29 billion–$2.39 billion.

    By Aaron Hemsworth
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    Tech & Comm Services

    What Drove Fortinet Stock Lower on November 2?

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

    By Adam Rogers
  • uploads///Series  A
    Tech & Comm Services

    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
  • uploads///Qualcomm revenue growth for each business
    Miscellaneous

    Jana Partners Pressures Qualcomm to Split Up

    Activist hedge fund Jana Partners has suggested that Qualcomm (QCOM) change its corporate structure and take other steps to boost shareholder value.

    By Puneet Sikka
  • Tech & Comm Services

    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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    Tech & Comm Services

    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
  • uploads///acq deals
    Tech & Comm Services

    Mergers, Acquisitions Trend Likely to Continue for Oracle

    Looking at Oracle’s recent bond deal and its cash reserves, it won’t come as a surprise if Oracle announces more acquisitions after NetSuite.

    By Anne Shields
  • uploads///part
    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
  • uploads///SYMC
    Company & Industry Overviews

    Comparing Symantec’s Valuation

    Symantec’s comprehensive valuation Symantec (SYMC) has an EV (enterprise value) of ~$22.4 billion. In comparison, peers VMware (VMW), Intuit (INTU), Microsoft (MSFT), and Citrix Systems (CTXS) have EVs of ~$29 billion, ~$32.9 billion, ~$512.1 billion, and ~$12.2 billion, respectively. Symantec’s EV-to-adjusted EBITDA (enterprise value to adjusted earnings before interest, tax, depreciation, and amortization) multiple for […]

    By Ruchi Gupta
  • uploads///Billings comparisons
    Company & Industry Overviews

    Can Symantec Maintain Strong Growth in Its Billings?

    In fiscal Q4 2018, Symantec’s total billings increased 17.1% YoY to $1.6 billion.

    By Aaron Hemsworth
  • uploads///corp debt issuance
    Miscellaneous

    Activision Will Resort to Debt to Finance King Digital Acquisition

    Activision plans to use $3.6 billion in offshore cash to fund the King Digital acquisition. The company plans to fund the remaining $2.3 billion through debt financing.

    By Anne Shields
  • uploads///recom
    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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    Tech & Comm Services

    Symantec Shares Rose Yesterday, Limiting Its Poor Run in 2018

    Shares of cybersecurity company Symantec (SYMC) rose 4.3% on September 18. The stock is currently trading at $20.65.

    By Adam Rogers
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    Company & Industry Overviews

    FireEye Just Achieved This Key Milestone

    But FireEye recently hit a profitability milestone and recorded its first-ever quarterly adjusted profit in 4Q17.

    By Ruchi Gupta
  • uploads///gartner
    Earnings Report

    How the PC Market Fall Will Impact Symantec’s Consumer Security

    Symantec’s Consumer Security offerings are primarily focused on PC security solutions. PC shipments are considered to be the driving factor behind consumer security software sales.

    By Anne Shields
  • uploads///blue coat
    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
  • uploads///antivirus share
    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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    Tech & Comm Services

    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
    Tech & Comm Services

    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///DNS
    Tech & Comm Services

    Oracle Continues Its Acquisition Spree with Dyn

    Oracle acquires Dyn to expand its cloud portfolio Earlier in this series, we discussed various aspects of LifeLock’s acquisition by Symantec (SYMC). Participating in the ongoing trend of M&A (mergers and acquisitions), Oracle (ORCL) announced the acquisition of Dyn on November 21, 2016. Oracle did not disclose the financial details of the acquisition. Dyn provides […]

    By Anne Shields
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    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
  • Tech & Comm Services

    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
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    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
    Tech & Comm Services

    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///MSFT
    Company & Industry Overviews

    Microsoft Stock: Dividend Hike, Buybacks Attract Investors

    Microsoft (MSFT) stock rose 1.19% in extended trading yesterday after the tech giant announced a new share buyback program and dividend increase.

    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
    Earnings Report

    Broadcom: Second-Half Semiconductor Demand Bottoms

    Broadcom (AVGO) stock fell as much as 1.9% in after-hours trading yesterday after the company reported mixed fiscal 2019 third-quarter earnings results.

    By Puja Tayal
  • uploads///broadcom
    Tech & Comm Services

    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
    Tech & Comm Services

    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
    Tech & Comm Services

    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
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    Tech & Comm Services

    Dividend Stocks: What to Buy amid Falling Treasury Yields

    Currently, the global market is a mess. Investors want more conservative dividend stocks in defensive sectors like consumer staples and utilities.

    By Sophia Nicholson
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    Tech & Comm Services

    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
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