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Citrix Systems Inc

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  • July 7- Software security company Symantec Corp is in talks to sell its Veritas data storage business to private equity firm Carlyle Group LP, a person familiar with the matter said on Tuesday. Bloomberg News reported earlier that Symantec was nearing a deal to sell Veritas to Carlyle for between $7 billion and $8 billion, citing people with knowledge of the...

  • *IMF says major differences remain with Greece. *Citrix jumps after investor sends letter to board. Shares of Eli Lilly rose 4.3 percent to $86.77, a day after it said one of its drugs met main goals in two pivotal Phase III studies.

  • *IMF says major differences' remain with Greece. *Citrix jumps after investor sends letter to board. June 11- U.S. stocks were higher in afternoon trading on Thursday, helped by strong retail sales data, but gains were limited by news that the International Monetary Fund had broken off debt talks with Greece.

  • June 11- Activist investor Elliott Management Corp said cloud-computing software maker Citrix Systems Inc should sell some units, cut costs and buy back shares to make up for six years of underperformance. Citrix shares jumped 8.2 percent to $71.46 in early trading on Thursday. Elliott, whose 7.1 percent stake makes him one of the top five shareholders of the...

  • June 11- Activist investor Elliott Management Corp said software maker Citrix Systems Inc should sell some units, cut costs and buy back shares. The investor, which owns 7.1 percent of Citrix, said the company's shares had potential to reach $90- $100 by the end of 2016. Citrix shares closed at $65.97 on Wednesday. In a letter to the company's board on Thursday,...

  • *IMF says major differences' remain with Greece. *Citrix jumps after investor sends letter. June 11- U.S. stocks came off session highs on Thursday after the International Monetary Fund quit bailout talks with Greece, saying' major differences' remained over an agreement to save the country from bankruptcy.

  • June 11- Activist investor Elliot Management Corp said cloud-computing software maker Citrix Systems Inc should sell some units, cut costs and buy back shares to make up for six years of underperformance. Citrix shares jumped 8.2 percent to $71.46 in early trading on Thursday. Elliot, whose 7.1 percent stake makes him one of the top five shareholders of the...

  • June 11- Wall Street was set to open higher on Thursday as retail sales surged in May, the latest sign that a recovery in the U.S. economy was finally gathering steam. U.S. shares jumped on Wednesday, helped by gains in technology and financial stocks and optimism that Greece may be closer to reaching a deal with creditors. "The retail sales is just another piece of the...

  • Elliot urges Citrix to sell units, buy back shares Thursday, 11 Jun 2015 | 9:03 AM ET

    June 11- Activist investor Elliot Management Corp said software maker Citrix Systems Inc should sell some units, cut costs and buy back shares. The investor, which owns 7.1 percent of Citrix, said the company's shares had potential to reach $90- $100 by the end of 2016. Citrix shares closed at $65.97 on Wednesday. In a letter to the company's board on Thursday, Elliot...

  • Shares of the company, whose customers include AstraZeneca Plc, General Electric Co and Chevron Corp, rose about 8 percent in extended trading on Wednesday. Box raised its full-year forecast to $286 million- $290 million from $281 million- $285 million earlier. The company's main competitors include privately held Dropbox, Microsoft Corp's OneDrive, Citrix...

  • *GE set for $50 bln buyback plan; most active on NYSE. NEW YORK, April 10- U.S. stocks climbed on Friday, putting major indexes on track for a week of solid gains as investors lauded GE's decision to divest most of its high-risk GE Capital business and repurchase up to $50 billion of its shares. General Electric shares had their biggest one-day jump since March 2009, up...

  • *GE set for $50 bln buyback plan; most active on NYSE. General Electric jumped 7.6 percent to $27.69 as the most active stock on the New York Stock Exchange, with more than 236 million shares changing hands. GE will sell the bulk of its $30 billion real estate portfolio over the next two years as it returns to its industrial roots, with Blackstone and Wells Fargo...

  • April 7- Business software maker Informatica Corp said it would be bought for about $5.3 billion by private equity firms Permira Funds and Canada Pension Plan Investment Board, in the biggest U.S. leveraged buyout so far this year. Informatica shareholders will get $48.75 per share in cash. The stock rose 4 percent on Monday after Reuters reported that...

  • Apple's next big surprise may not be a product Wednesday, 1 Apr 2015 | 9:37 AM ET
    Apple logo in eye

    Oil companies are cutting dividends. Banks are a mess. Apple's dividend is the best stock income bet going, and it's about to get bigger.

  • March 25- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, reported revenue and profit that beat estimates, as the company benefits from higher demand for open-source software and its cloud-based products. Shares of Red Hat, whose customers include Adobe Systems Inc and Verizon Communications Inc, rose 4.5 percent in...

  • *Dropped brands include Cisco, Apple, McAfee, Citrix. BEIJING, Feb 27- China has dropped some of the world's leading technology brands from its approved state purchase lists, while approving thousands more locally made products, in what some say is a response to revelations of widespread Western cybersurveillance. Smartphone and PC maker Apple Inc has also been...

  • *Dropped brands include Cisco, Apple, McAfee, Citrix. BEIJING, Feb 27- China has dropped some of the world's leading technology brands from its approved state purchase lists, while approving thousands more locally made products, in what some say is a response to revelations of widespread Western cybersurveillance. Others put the shift down to a protectionist...

  • SAN FRANCISCO, Feb 25- Google Inc launched an initiative on Wednesday to make smartphones running its Android software more appealing to corporations, a move that could help extend the Internet company's reach into workplaces. Google said it is partnering with more than two dozen companies including Blackberry Ltd, Citrix Systems Inc, Box Inc..

  • *Dropped brands include Cisco, Apple, McAfee, Citrix. BEIJING, Feb 25- China has dropped some of the world's leading technology brands from its approved state purchase lists, while approving thousands more locally made products, in what some say is a response to revelations of widespread Western cybersurveillance. Smartphone and PC maker Apple Inc has also been...

  • Microsoft is now making nice with its rivals Tuesday, 17 Feb 2015 | 2:35 PM ET
    Laptops computers running Microsoft Corp.'s Windows 8.1 operating system.

    Microsoft's radical transformation into an industry collaborator continues as the company announces deals with Salesforce.com, Citrix and Box.