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 […]

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 […]

Standpoint Research upgrades Symantec Corp. (NASDAQ:SYMC) shares

Standpoint Research has recently upgraded the stock for Symantec Corporation (NASDAQ:SYMC) from a hold to a buy rating. Analysts from Standpoint said that the upgrade was a valuation call. The shares of Symantec Corp have climbed up by 0.05% on Thursday’s latest round of trading. The company has had a high of $27.10 and a low […]

Symantec Corporation (NASDAQ:SYMC) Reports Mixed Results

Boston, MA 10/25/2013 (wallstreetpr) – Symantec Corporation (NASDAQ:SYMC) is on a restructuring mode and this was expected to affect the results. The company is reducing its workforce and reorganizing the sales team in order to reduce costs. This affected its revenues for the quarter negatively. Revenues at $1.64 billion were slightly below the guidance levels of […]