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Check Point Software Technologies Ltd. (CHKP)

  • Apr. 22, 2012, 5:30 PM
    Notable earnings before Monday's open: CHKP, COP, DHI, EAT, ETN, HAS, STI, XRX
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  • Mar. 22, 2012, 1:11 PM
    Check Point Software (CHKP +0.9%) edges higher after Oppenheimer says its mid-quarter checks "indicate solid demand for CHKP's blades and appliances." The firm adds adoption of the company's high-end 61000 and 21400 security appliances could boost FQ1 results, and that a growing interest among cash-rich tech companies to return capital to shareholders could lead to a dividend or additional buybacks.
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  • Jan. 20, 2012, 5:35 PM
    Activist hedge fund MMI Investments is liquidating, claims Reuters' sources. Last year, MMI took large stakes (I, II) in Check Point Software (CHKP) and Comtech Telecom (CMTL), with the goal of engineering a sale of the targeted company.
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  • Jan. 17, 2012, 9:36 AM
    More on Check Point (CHKP) Q4: Sees Q1 EPS at $0.69-$0.73 and revenue at $305M-$315M vs. estimates of $0.72 and $313.6M respectively. Sees 2012 EPS at $3.10-$3.20 and revenue at $1.345-$1.395B vs. forecasts of $3.16 and $1.381B. Shares +2.2%.
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  • Jan. 17, 2012, 6:03 AM
    Check Point Software (CHKP): Q4 EPS of $0.84 beats by $0.03. Revenue of $356.8M (+12% Y/Y) in-line. (PR)
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  • Jan. 17, 2012, 12:05 AM
    Notable earnings before Tuesday's open: AMTD, C, CHKP, EDU, FRX, MMR, WFC
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  • Jan. 12, 2012, 10:40 AM
    FBN is launching coverage of enterprise security hardware/software giant Check Point (CHKP +0.4%) with a Buy and $65 PT. The firm likes Check Point's leadership position in the enterprise firewall market, and sees its release of appliance and software blade products boosting its recurring revenue streams and opening up new cross-selling opportunities.
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  • Dec. 19, 2011, 2:32 PM
    H-P's (HPQ) security business, overlooked in the midst of its PC, printer, and server woes, is a bastion of strength for the company, asserts ISI's Brian Marshall. Marshall claims the business, bolstered by the ArcSight and 3Com acquisitions, generates $1.5B in sales, is growing at a 30% clip, and has a gross margin of ~80%. Even at a price/sales multiple half that of CHKP, the business would still be worth $10B, he suggests.
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  • Dec. 6, 2011, 5:12 PM
    Juniper (JNPR) was dinged by weak security product sales earlier this year, but the business roared back to life in Q3: Infonetics estimates Juniper's security hardware/software revenue rose 22% Q/Q during the quarter, allowing the company to regain the market's #2 position from Check Point (CHKP). Cisco (CSCO) remains the market's undisputed leader, accounting for nearly a third of its sales.
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  • Oct. 18, 2011, 1:56 PM
    Citigroup weighs in on Check Point Software (CHKP +1.1%) following the firm's Q3 report, maintaining a Buy rating and trimming its price target on shares by a dollar to $68. Analysts with the firm note the company's Q3 report showed a billing increase of 20% on deferred revenue in what it views as a "favorable" driver as its grows into a larger revenue base.
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  • Oct. 18, 2011, 6:53 AM
    Check Point Software (CHKP): Q3 EPS of $0.72 beats by $0.03. Revenue of $308.3M (+12.8% Y/Y) beats by $1.25M. (PR)
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  • Oct. 18, 2011, 12:05 AM
    Notable earnings before Tuesday's open: BAC, CHKP, DPZ, EDU, EMC, FRX, GPC, GS, HOG, JNJ, KO, OMC, PH, PII, STT, UNH
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  • Jul. 27, 2011, 8:37 AM
    Quick take on Juniper: While macro issues are having an impact, some of Juniper's problems appear company-specific. Particularly in security hardware, where rivals Check Point (CHKP) and Fortinet (FTNT) are faring better, and enterprise switching, where Cisco's (CSCO) aggressive pricing and low-end competition from the likes of Dell (DELL) and HP (HPQ) are making things difficult.
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  • Jul. 18, 2011, 11:15 AM
    Shares of Check Point Software (CHKP +2.5%) reach a new 52-week high following its beat this morning. In a conference call with analysts, the firm's CEO said targeted cyber attacks are increasing security awareness, and issues upward guidance for Q3 and Q4.
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  • Jul. 18, 2011, 6:35 AM
    Check Point Software (CHKP): Q2 EPS of $0.68 beats by $0.02. Revenue of $300.6M (+15.1% Y/Y). (PR)
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  • Jul. 18, 2011, 12:05 AM
    Notable earnings before Monday's open: CHKP, GCI, HAL, HAS
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Company Description
Check Point Software Technologies Ltd develops, and markets software and combined hardware and software products and services for information technology security.