|Bid||0.00 x 1400|
|Ask||0.00 x 800|
|Day's range||23.32 - 23.59|
|52-week range||17.43 - 26.07|
|Beta (3Y monthly)||1.43|
|PE ratio (TTM)||140.21|
|Earnings date||7 Nov 2019|
|Forward dividend & yield||0.30 (1.28%)|
|1y target est||22.80|
US private equity group Thoma Bravo has agreed a $3.9bn deal to buy the cyber security company Sophos, removing another British technology stalwart from the public markets. The Oxfordshire-based cyber and network security software developer said that it was first approached by Thoma Bravo in June. Kris Hagerman, Sophos chief executive, said the offer of $7.40 a share in cash, a 37 per cent premium on last week’s closing price, was “pretty compelling”.
Symantec Corporation (SYMC) today announced that it will release its financial results for its fiscal second quarter 2020, which ended on October 4, 2019, after the U.S. market close on Thursday, November 7, 2019. Symantec will host a conference call that day at 5:00 p.m. ET/ 2:00 p.m. PT to discuss the results. The news release with the financial results will be accessible from Symantec’s Investor Relations website prior to the conference call.
Symantec Corp. (SYMC), the world’s leading cyber security company, today announced its commitment to the National Cybersecurity Awareness Month (NCSAM) campaign, “Own IT. In support of the initiative, Symantec has launched an educational microsite featuring blog and video content, as well as three new webinars featuring cybersecurity experts from Symantec. Held annually in October, NCSAM is a collaborative effort co-led by National Cyber Security Alliance (NCSA) and the Cybersecurity and Infrastructure Agency (CISA) of the U.S. Department of Homeland Security to bring awareness to the importance of online safety and privacy, and ensure every American has the proper resources to be safer and more secure online.
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Symantec Corporation (SYMC), the world’s leading cyber security company, today announced that it has been positioned as a Leader in "The Forrester Wave™: Endpoint Security Suites, Q3 2019," a new report published by Forrester Research, Inc. Symantec also received the highest score among all vendors in the threat prevention criterion. Based on these criteria, Symantec was recognized as a Leader. According to the Forrester report, “Symantec has long been a leader in the endpoint security space.
Symantec Corp. (SYMC), the world’s leading cyber security company, today announced that Symantec Endpoint Protection (SEP) Mobile is now FirstNet Listed, making industry-leading mobile threat defense accessible to federal, state and local public safety professionals nationwide through the FirstNet App Catalog. As public safety professionals working in the field grow increasingly dependent on mobile devices to access critical information, those devices require the same level of security as legacy endpoints.
Norton™ LifeLock™, Symantec’s (SYMC) consumer brand, today announced the launch of a new ad campaign featuring Norton LifeLock members, including award-winning television actor Angie Harmon and iconic talk show host and star of “Jay’s Garage,” Jay Leno. The campaign, now airing on national cable and local broadcast, showcases how NEW Norton™ 360 with LifeLock,™ an all-in-one membership for consumer cyber safety from Norton LifeLock, combines the power of LifeLock identity theft protection, Norton cyber security technology, a VPN for online privacy, and more, to help protect against today’s ever-changing cyber threats.
Microsoft (MSFT) stock rose 1.19% in extended trading yesterday after the tech giant announced a new share buyback program and dividend increase.
IBM's AI platform IBM Watson, its emerging Blockchain technology and expanding security products is aiding it in proliferating the market.
Zacks.com featured highlights include: Medtronic, Symantec, Target, Popular and Baxter International
Broadcom's CEO is known for his mergers and acquisitions. He targets companies that are market leaders with high cash flows and distressed growth.
Broadcom (AVGO) Q3 results benefit from expanding presence in the infrastructure software space on synergies from CA buyout. However, company provided cautious fiscal 2019 guidance.
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.
Investors target stocks that have been on a bullish run lately. Stocks seeing price strength have a high chance of carrying the momentum forward.
Oracle (ORCL) unexpectedly released its earnings results for the first quarter of fiscal 2020 on Wednesday after the market bell.
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.
Broadcom (AVGO) Q3 results are expected to benefit from expanding presence in the infrastructure software space on synergies from CA buyout. However, Huawei ban and trade war remain concerns.
Shares of Symantec rose as much as 10% after the report. Permira and Advent recently approached Symantec proposing a takeover deal valuing Symantec at $26 to $27 a share that would hand them the company's consumer operation while preserving the sale of its enterprise business to chipmaker Broadcom Inc , the report said. If it does, it could involve the firms buying Symantec and proceeding with the sale to Broadcom or waiting for the enterprise deal to close and then acquiring the consumer unit, the Journal reported.
The acquisition is expected to boost Palo Alto's (PANW) Cortex platform by implementing Zingbox's cloud-based service and advanced AI and ML technology into its security offerings.