ThinkstockAlmost daily we are informed by the media of a security breach somewhere: banks, credit cards, Facebook accounts, email accounts, phone records and more. Cyber thieves are constantly finding new ways to…
ThinkstockThe summer conference season has drawn to a close for this year. What has become an annual trek for hedge funds, mutual funds, portfolio managers and other investors to have the opportunity…
ThinkstockMany of the firms that we cover around Wall Street have become more positive on the prospects for improved capital expenditure (capex) spending by corporate America as the year progresses and into…
July 10, 2013: U.S. equity markets opened barely mixed this morning after last night’s downgrade of Italian debt and a report that both China’s exports and imports declined in June. There was little…
These are the top analyst upgrades, downgrades and initiations from select Wall Street research calls on Wednesday, July 10, 2013. They include EMC, HP, ViroPharma and Deutsche Bank.
ThinkstockWith hackers and whistle-blowing vendor employees continuing to threaten not only national security but business security as well, American and international companies continue to prioritize security within their overall information technology (IT)…
ThinkstockOppenheimer is of the opinion that some underperforming technology companies could attract even more activist investors attention. Dan Loeb is accomplishing things at Sony Corp. (NYSE: SNE), as is Carl Icahn (maybe)…
ThinkstockPrivate equity firm Vista Equity Partners has agreed to acquire Websense Inc. (NASDAQ: WBSN) for $24.75 a share in cash, or a total of about $907 million. The Internet security firm will…
thinkstockHere are today’s five biggest gaining stocks at closing: ACADIA Pharmaceuticals inc. (NASDAQ: ACAD) is up 64.4% at $13.10. Rite Aid Corp. (NYSE: RAD) is up 18.4% at $2.12. Metalico Inc. (NYSEMKT:…
ThinkstockAfter markets closed last night, Fortinet Inc. (NASDAQ: FTNT) issued a warning on earnings and revenues for the company’s first quarter. The announcement dragged down share prices at several other vendors of…
Jon OggInvestors and traders are often on the hunt for new ideas to generate income and profits. 24/7 Wall St. is always reviewing fresh research calls to find great ideas from value…
ThinkstockAfter markets closed last night, F5 Networks Inc. (NASDAQ: FFIV) cut its estimates for earnings per share and revenues, and the stock took a beating. Shares are down about 19% in early…
courtesy of SourcefireJust a couple of weeks ago, Internet security providers Check Point Software Technologies Inc. (NASDAQ: CHKP) and Fortinet Inc. (NASDAQ: FTNT) reported weaker-than-expected third quarter results and lowered their fourth…
The three major U.S. stock indexes opened lower this morning, and never really got untracked all day. Spanish 10-year bond yields fell 28 basis points to around 5.51%, while Spain again demurred…
Internet security providers Check Point Software Technologies Ltd. (NASDAQ: CHKP) and Fortinet Inc. (NASDAQ: FTNT) both reported weaker than expected results for the third quarter and both lowered fourth quarter forecasts. Another…
