Broadcom In Negotiations To Acquire Semiconductor Giant Symantec For $15 Billion

Broadcom Inc. (NASDAQ:AVGO) is in discussions to acquire Symantec Corporation (NASDAQ:SYMC) as part of the company’s shift in the strategy of diversifying beyond semiconductors. This comes after a failed bid to acquire Qualcomm Inc. (NASDAQ: QCOM). The deal is expected to expand the company’s diversification into software a year after acquisition CA Inc. for around […]

Symantec Corporation (NASDAQ:SYMC) Releases Study On Cyberthreat

Symantec Corporation (NASDAQ:SYMC) has released a study based on its global intelligence networks of 41.5 million attack sensors that monitor cyber threat activity in over 157 countries. The Data from the Internet Security Threat Report (ISTR) was published by the Symantec during the ongoing INTERPOL World. The ISTR showed that cyber threats had been created […]

The Blackstone Group L.P. (NYSE:BX) Believed To Benefit From Trending Business Split Strategy

Boston, MA 10/10/2014 (wallstreetpr) – The Blackstone Group L.P. (NYSE:BX) likely the next big company to separate its business wings according to growth rates, say Bloomberg analysts. Analysts Take According to an article, The Blackstone Group L.P. (NYSE:BX) could benefit significantly if it follows the current market trend where big corporate are chopping off slow-growing […]

Active Stocks: Symantec Corporation (NASDAQ:SYMC), Hewlett-Packard Company (NYSE:HPQ), Ligand Pharmaceuticals Inc. (NASDAQ:LGND)

Boston, MA 10/10/2014 (wallstreetpr) – Symantec Corporation (NASDAQ:SYMC) which is the maker of popular Norton antivirus software saw its share price slide down by nearly 2.37 percent to bottom out at $23.44 during trading yesterday. The slide came a day after the MOUNTAIN VIEW, California based tech firm made public its plan to bifurcate the […]

Pre-Market Buzzers: Chimerix Inc (NASDAQ:CMRX), Symantec Corporation (NASDAQ:SYMC), SolarCity Corp (NASDAQ:SCTY)

Boston, MA 10/08/2014 (wallstreetpr) – Chimerix Inc (NASDAQ:CMRX) is raking in mullah as its drug has suddenly become the medicine of choice for Ebola. Ever since the biotechnology company’s antiviral drug ‘brincidofovir’ was used to treat both the NBC News cameraman in Nebraska and the Liberian patient in Dallas on an emergency basis, Chimerix is […]

Symantec Corporation (NASDAQ:SYMC) Following “Split-Up” Trend? Mulls Breaking Up The Company Into Two

Boston, MA 10/08/2014 (wallstreetpr) – Looks like the “splitting” trend is on, as after eBay Inc (NASDAQ:EBAY) and Hewlett-Packard Company (NYSE:HPQ), one of the largest security firm Symantec Corporation (NASDAQ:SYMC) is reportedly planning to split into two companies. If Bloomberg report is anything to go by, the California-based is mulling a breakup of the company […]

The Home Depot, Inc. (NYSE:HD) Enlists Symantec Corporation (NASDAQ:SYMC) And Security Company To Probe Possible Consumer Payment Data Theft

Boston, MA 09/04/2014 (wallstreetpr) – A chain of home improvement retailer, The Home Depot, Inc. (NYSE:HD) had sought the assistance of security software solutions provider Symantec Corporation (NASDAQ:SYMC) and FishNet Security Inc. to probe a potential payment data theft of the consumers. The move comes in the wake of FBI investigating several banks on the possible […]

Symantec Corporation (NASDAQ:SYMC) Posts Non-GAAP Revenues of $1.74 billion, Beats Zacks Consensus Estimate

Boston, MA 08/08/2014 (wallstreetpr) – According to reports, Symantec Corporation (NASDAQ:SYMC)  has reported adjusted earnings of 41 cents per share in the Q1 fiscal 2015.  It is slightly more than the Zacks Consensus Estimate of 37 cents. The company earned 37 cents per share a year ago during the same time. Revenue Vise Financial Results: On […]

Symantec Corporation (NASDAQ:SYMC): Rivals Taking Oxygen Out Of The Room

 Boston, MA 04/11/2014 (wallstreetpr) –  Symantec Corporation (NASDAQ:SYMC) needs a little bit of introduction currently, although the company is already a household name in matters data backup and security. The reason the company needs introduction is that it is currently in a new position of trouble. From its leadership woes to falling backup business, the […]

Symantec Corporation (NASDAQ:SYMC) – An Attractive Investment

Boston, MA 04/10/2014 (wallstreetpr) –  Symantec Corporation (NASDAQ:SYMC) (Closed at $20.64, Flat 0.00%) traded within the range during the whole trading session and the volumes were also below the average volumes. However in the recent times the volumes have picked up steam and buying interest is seen from the previous 10-15 exchanging sessions. All the […]

Symantec Corporation (NASDAQ:SYMC) Leaderless And Reeling Under The Approaching Shadow Of Activist Investors

Boston, MA 04/09/2014 (wallstreetpr) – Having sent its last CEO Steve Bennett packing because of underperforming, the security software vendor company, Symantec Corporation (NASDAQ:SYMC) has had to contend with the investor activists sniffing at its heels. They would take every chance to buy their way into the management and change the management as per their wish. […]

Symantec Corporation (NASDAQ:SYMC) Appoints Michael Brown As Its Interim CEO

Boston, MA 03/21/2014 (wallstreetpr) – Symantec Corporation (NASDAQ:SYMC) has announced the appointment of Mr. Michael Brown as the company’s interim president and Chief executive officer following the termination of Steve Bennet and his resignation form the board. A special committee has consequently been formed to oversee the appointment of the permanent CEO and president. The […]

Stocks On Watch: ItauUnibanco Holding SA (ADR) (NYSE:ITUB);Symantec Corporation (NASDAQ:SYMC) And Starbucks Corporation ( NASDAQ:SBUX )

Boston, MA 02/04/2014 (wallstreetpr) – Brazilian bank ADR ItauUnibanco Holding SA (ADR) (NYSE:ITUB) fell on Monday’s trading session as a part of broader market fall. Almost all the Brazilian stock shed gains on Monday as investors reflected concerns over reports that the economic activity in China and the U.S. are falling in January as compared […]

The Procter & Gamble Company (NYSE:PG), eBay Inc. (NASDAQ:EBAY) And Symantec Corporation (NASDAQ:SYMC) Witness Strong Growth

Boston, MA 02/03/2014 (wallstreetpr) – The Procter & Gamble Company (NYSE:PG) has reported organic results value at 3% of the revenues over previous year’s revenues. Additionally, the results were also in-line with the previous guidance for the quarter. With the average sale price remaining constant, on a year on year comparison, The Procter & Gamble […]

Steel Dynamics, Inc. (NASDAQ:STLD) And Renesola Ltd (NYSE:SOL) Pick Up Pace This Quarter

Boston, MA 01/29/2014 (wallstreetpr) – Steel Dynamics, Inc. (NASDAQ:STLD) continues to be the top-favourite along with Nucor Corp for investors looking for good growth in the steel sector. The reasons for STLD making it to the top of the list are – growth of 18%, strong margins, strong pipeline and well-diversified products which have throughout […]