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Symantec Corp

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  • NEW YORK, April 15- The abrupt firing of Symantec Corp Chief Executive Officer Steve Bennett last month is attracting activist investors and private equity firms to the U.S. security software maker, in a development that could potentially lead to its breakup or sale, sources familiar with the situation said.

  • Representatives for Facebook Inc, Google and Yahoo Inc told Reuters that they use OpenSSL and have already taken steps to mitigate any impact on users. "On a scale of 1 to 11, it's about an 11," cryptologist Bruce Schneier, chief technology officer of Co3 Systems Inc. said of the bug's severity.

  • The $14 billion company, known for its Norton antivirus software, has been interviewing top Wall Street banks in recent weeks including JPMorgan Chase& Co, Goldman Sachs Group Inc and Morgan Stanley, the people said on Friday.

  • *Nike shares fall after results. Biogen Idec Inc, down 8.2 percent at $318.53, and Gilead Sciences Inc, down 4.6 percent at $72.07, were the two biggest drags on the S&P 500. The Nasdaq biotech index fell 4.4 percent.

  • March 21- Symantec Corp's shares fell as much as 14 percent on Friday, a day after the security software maker fired its chief executive, raising concerns about its turnaround efforts.

  • *Nike shares fall after results, Tiffany rises. Biogen Idec Inc, down 8 percent to $319.14, and Gilead Sciences Inc, down 3.7 percent to $72.74, were the biggest drags on the S&P 500. The Nasdaq biotech index fell 3.5 percent.

  • March 21- Symantec Corp's sacked Chief Executive Stephen Bennett may get as much as $18.5 million in severance payment, based on his employment agreement. Symantec fired Bennett on Thursday and appointed board member Michael Brown as interim CEO. Symantec's shares were down 14 percent at $17.98 on the Nasdaq in late morning trading on Friday.

  • US STOCKS-Wall St rallies, S&P 500 briefly hits record Friday, 21 Mar 2014 | 10:44 AM ET

    *Nike falls after results, Tiffany rises. Geopolitical issues remained in focus after President Vladimir Putin signed laws completing Russia's annexation of Crimea and investors took fright at a U.S. decision to slap sanctions on his inner circle.

  • Early movers: TIF, DRI, BA, NKE, SYMC, TWC & more Friday, 21 Mar 2014 | 7:34 AM ET
    Traders on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • UPDATE 2-Symantec fires CEO Bennett Thursday, 20 Mar 2014 | 6:38 PM ET

    *Bennett second CEO to be fired by Symantec in less than two years. March 20- Antivirus and security software provider Symantec Corp fired Chief Executive Steve Bennett on Thursday, the second time it has sacked its top executive in less than two years, as the company struggles to revive growth amid eroding PC sales.

  • Symantec fires CEO, reaffirms outlook; stock skids Thursday, 20 Mar 2014 | 5:14 PM ET
    Steve Bennett of Symantec, October 30, 2013.

    Symantec fired CEO Steve Bennett as the company struggles to revive growth amid eroding PC sales.

  • UPDATE 1-Symantec fires CEO Bennett Thursday, 20 Mar 2014 | 5:09 PM ET

    March 20- Antivirus and security software provider Symantec Corp fired Chief Executive Steve Bennett on Thursday, the second time it has sacked its top executive in less than two years, as the company struggles to revive growth amid eroding PC sales. Symantec said it appointed board member Michael Brown as interim president and CEO.

  • After-hours buzz: Nike, Symantec & More Thursday, 20 Mar 2014 | 5:00 PM ET
    Pedestrians walk past a Nike Inc. store at night in the East Nanjing Road shopping area of Shanghai, China.

    Nike among the companies in the news after the bell Thursday.

  • Symantec terminates CEO     Thursday, 20 Mar 2014 | 4:23 PM ET

    Symantec has named board member Michael Brown as its interim CEO. CNBC's Josh Lipton has the details.

  • Symantec fires CEO, reaffirms fourth-quarter outlook Thursday, 20 Mar 2014 | 4:21 PM ET

    March 20- Antivirus and security software provider Symantec Corp said it fired Chief Executive Steve Bennett, effective immediately, and appointed board member Michael Brown as interim president and CEO. The company said the decision to let go of Bennett was "the result of an ongoing deliberative process and not precipitated by any event or impropriety."

  • Yet Proofpoint Inc, a $1.6 billion market cap email security company, is catching the eye of fund managers by gaining share in a market that many investors have left for dead. Twenty-six small-cap funds added Proofpoint to their portfolios over the last quarter, a nearly 15 percent increase from the quarter before, Morningstar data show.

  • BOSTON, March 13- Lookout, the mobile security software maker, named telecommunications industry veteran Jim Dolce as chief executive officer on Thursday, succeeding company co-founder John Hering.

  • *Virus raises level of cyber danger. LONDON/ BOSTON, March 7- A sophisticated piece of spyware has been quietly infecting hundreds of government computers across Europe and the United States in one of the most complex cyber espionage programs uncovered to date.

  • Suspected Russian spyware 'Turla' attacks Friday, 7 Mar 2014 | 11:40 AM ET

    Security researchers suspect a Russian, state-run malware known as Turla is behind attacks on government computers in Europe and the United States.

  • LONDON/ BOSTON, March 7- A sophisticated piece of spyware has been quietly infecting hundreds of government computers across Europe and the United States in one of the most complex cyber espionage programs uncovered to date.

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