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Symantec Corporation (SYMC)

- NASDAQ
  • Jul. 25, 2012, 12:10 AM
    Notable earnings after Wednesday's close: AEM, AKAM, AMP, AVB, BCR, CCI, CDNS, CLF, CMO, CROX, CTXS, CYH, DRE, EQR, FLEX, FTNT, ISIL, KBR, LRCX, LSI, LVS, OI, OII, ORLY, STR, SUSQ, SYMC, TER, TEX, TSCO, TSLA, V, VAR, WDC, WFM, WLL, ZNGA
    | Jul. 25, 2012, 12:10 AM | Comment!
  • Jul. 24, 2012, 5:35 PM
    Notable earnings after Wednesday's close: AEM, AKAM, AMP, AVB, BCR, CCI, CDNS, CLF, CMO, CROX, CTXS, CYH, DRE, EQR, FLEX, FTNT, ISIL, KBR, LRCX, LSI, LVS, OI, OII, ORLY, STR, SUSQ, SYMC, TER, TEX, TSCO, TSLA, V, VAR, WDC, WFM, WLL, ZNGA
    | Jul. 24, 2012, 5:35 PM | 1 Comment
  • Jul. 15, 2012, 2:00 AM
    Symantec (SYMC), whose shares have lost around 25% since a profit warning three months ago, has suffered further problems after updates for its anti-virus software caused computers operating Windows XP to crash. The number of known affected clients is relatively small, although making matters worse are tales of terrible customer support.
    | Jul. 15, 2012, 2:00 AM | 1 Comment
  • May 14, 2012, 10:20 AM
    Symantec (SYMC -2.2%) heads lower on a downgrade to Sell from Goldman's Greg Dunham, who thinks declining margins and cash flow will drive shares lower. Dunham thinks "secular headwinds" in Symantec's core security and storage software businesses are limiting growth, and sees the company focusing more on lower-margin areas such as cloud software. He also sees competitive risks for Symantec's high-margin consumer security ops.
    | May 14, 2012, 10:20 AM | Comment!
  • May 2, 2012, 5:09 PM
    More on Symantec's FQ4: Deferred revenue reached $3.97B +8% Q/Q. Consumer sales only rose 2% Y/Y, while the storage/server management software unit, which is facing touch competition from CVLT, EMC, and others, reported a 6% drop. Enterprise security software was relatively healthy, +8%. Symantec expects FQ1 revenue of $1.645B-$1.66B and EPS of $0.37-$0.38, largely below a consensus of $1.66B and $0.39. SYMC +1.6% AH. (PR)
    | May 2, 2012, 5:09 PM | Comment!
  • May 2, 2012, 4:41 PM
    Symantec (SYMC): FQ4 EPS of $0.38 in-line. Revenue of $1.68B (flat Y/Y) in-line . (PR)
    | May 2, 2012, 4:41 PM | Comment!
  • May 2, 2012, 12:10 AM
    Notable earnings after Wednesday's close: AGNC, ALL, APKT, ATML, AWK, CLR, CXO, CXW, DCT, EIX, ESS, EXPD, EXXI, GMCR, HIG, HTZ, IO, JDSU, KIM, LBTYA, LNC, MELI, MTD, MUR, NGD, NLY, ONNN, ONXX, PPO, PRU, PXD, RIG, SCCO, SHO, SUN, SYMC, TSO, V, WFM, WLT, YELP
    | May 2, 2012, 12:10 AM | Comment!
  • May 1, 2012, 5:35 PM
    Notable earnings after Wednesday's close: AGNC, ALL, APKT, ATML, AWK, CLR, CXO, CXW, DCT, EIX, ESS, EXPD, EXXI, GMCR, HIG, HTZ, IO, JDSU, KIM, LBTYA, LNC, MELI, MTD, MUR, NGD, NLY, ONNN, ONXX, PPO, PRU, PXD, RIG, SCCO, SHO, SUN, SYMC, TSO, V, WFM, WLT, YELP
    | May 1, 2012, 5:35 PM | Comment!
  • Apr. 24, 2012, 9:00 AM
    Premarket gainers: RMBS +5%. BYD +5%. PSS +4%. BHI +4%. GRFS +4%. HSY +4%. KERX +3%. MMM +3%. SNV +3%. TXN +3%. F +3%.
    Losers: BIG -18%. NFLX -15%. RSH -10%. CXW -10%. SYMC -7%. WAT -7%. ARMH -5%. NOK -4%. RBDS -3%. COH -3%. ING -3%.
    | Apr. 24, 2012, 9:00 AM | Comment!
  • Apr. 24, 2012, 8:48 AM
    Symantec (SYMC) -7.3% premarket after issuing lower guidance for its FQ4, hurt by weaker than expected sales of new licenses. The storage and security software maker now expects EPS of ~$0.38 vs. its previous forecast of $0.41-$0.42; revenues are seen at ~$1.68B vs. its previous $1.72B-$1.73B.
    | Apr. 24, 2012, 8:48 AM | Comment!
  • Mar. 27, 2012, 5:24 AM
    In the next two weeks, Symantec (SYMC) is expected to complete the dissolution of its JV with Huawei Technologies. Sources say Symantec was concerned its JV with the Chinese company would prevent it from gaining access to classified U.S. government information on cyberthreats.
    | Mar. 27, 2012, 5:24 AM | Comment!
  • Mar. 20, 2012, 10:23 AM
    Symantec (SYMC) is acquiring Nukona, a developer of software for managing data and apps on company-issued mobile devices, for an undisclosed sum. The deal comes 3 weeks after Symantec acquired Odyssey Software, a developer of mobile device management software. The acquisitions are proof of how software firms are addressing IT department complaints about iOS and (especially) Android, and thus presenting an additional threat to RIMM's enterprise base.
    | Mar. 20, 2012, 10:23 AM | Comment!
  • Mar. 9, 2012, 12:45 PM
    Shares of Symanetc (SYMC +0.1%) are on the radar of traders after reports tip off that the firm's Norton antivirus source code has been leaked on the Internet. A somewhat pared down Anonymous is reported to be behind the hack.
    | Mar. 9, 2012, 12:45 PM | Comment!
  • Feb. 24, 2012, 11:38 AM
    Dell (DELL) has acquired AppAssure, a fast-growing (194% growth in 2011) developer of software for backing up applications running on servers. The acquisition puts Dell into more direct competition with Symantec (SYMC) and CommVault (CVLT), and comes 3 weeks after the company hired former CA head John Swainson to run its software business. (also)
    | Feb. 24, 2012, 11:38 AM | Comment!
  • Feb. 7, 2012, 2:49 PM
    Symantec (SYMC +0.5%) is lined up by DealReporter as a possible target of P-E firms. Shares moved into positive territory after the report broke after languishing in early trading.
    | Feb. 7, 2012, 2:49 PM | 1 Comment
  • Feb. 7, 2012, 8:56 AM
    As part of a sting operation, Symantec (SYMC) tells a hacker group that it will pay it a $50K ransom to keep the source code for some of the firm's security products from being posted on the Internet. After playing a bit of cat-and-mouse, the "talks" broke down and a 1.2GB file that's allegedly software code for one of the firm's products has been posted online.
    | Feb. 7, 2012, 8:56 AM | 3 Comments
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Company Description
Symantec Corp provides security, backup and availability solutions. Its products and services protect people and information in any environment, from the smallest mobile device, to the enterprise data center, to cloud-based systems.