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Symantec Corp
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Cybercriminals aren't the only ones cashing in on espionage and hacking attacks; security companies small as well as large are poised to rake in profits.
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NEW YORK, June 18- Unexplained rapid price drops in single stocks have generally been triggered by human error, not nefarious trading activity or high-speed trading algorithms gone wild, an official at the U.S. Securities and Exchange Commission said on Tuesday.
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Check out which companies are making headlines after the bell Tuesday:
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CNBC's Scott Cohn reports hackers have been working overtime, breaching Reputation.com, Living Social and the Twitter account of the Guardian in the UK. Even the Army Corps of Engineers National Inventory of Dams and the Department of Labor were compromised.
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*Symantec shares have their own flash crash. NEW YORK, April 30- U.S. stocks rose moderately on Tuesday, with the S&P 500 ending at another all-time closing high on a jump in Apple and encouraging economic data.
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*Symantec shares have their own flash crash. NEW YORK, April 30- U.S. stocks were largely flat on Tuesday as investors found little reason to extend a recent rally that put the S&P 500 within a point of an all-time intraday high, though technology shares lifted the Nasdaq.
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Unusual activity in shares of Symantec today triggered a trading halt, and had traders buzzing on Twitter about another single stock flash move.
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April 30- Shares of security software maker Symantec Corp dropped some 10 percent in a span of a few seconds on the Nasdaq on Tuesday before being halted. "Pre-HFT dominance, even back in 2003, a series of market makers would have filled this mistake with substantially less carnage," said Sal Arnuk, co-manager of trading at Themis Trading in Chatham, New Jersey.
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April 30- Shares of security software maker Symantec Corp dropped around 10 percent in less than a minute on the Nasdaq on Tuesday, prompting a trading halt. The shares dropped to a low of $21.93 around 10:11 a.m. Eastern. Symantec spokesman Cris Paden said he could not immediately comment on the unusual movement in the stock price.
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*Symantec shares have their own flash crash. NEW YORK, April 30- U.S. stocks traded mostly higher on Tuesday, paring initial losses, as home prices and consumer data offset a decline in regional business activity. Apple shares rose 2.3 percent to $438.83 to lead the S&P 500 slightly higher.
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April 30- Shares of Symantec Corp plunged some 10 percent in a matter of seconds on Tuesday before being halted by the Nasdaq, in the latest instance of what traders called a single-stock "flash crash."
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The "Fast Money" traders share their final trades of the day.
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Is it a surprise that PC shipments are declining? No, but two things stand out: the magnitude of the decline was steeper than expected, and now the Asians have stopped buying. That's news.
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The "worst Internet attack ever" slowed down millions of computers worldwide.
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CNBC's Eamon Javers on the tension that arose as Washington pushed for cybersecurity cooperation with private industry. Even while President Obama raised the issue with new Chinese President Xi Jinping, U.S. CEOs are pushing for limits on government collaboration.
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The "Fast Money" traders share their final trades of the day.
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Stocks are heading higher still, and three names appear poised to pop, Bob Doll says.
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Nearly two-thirds of victimized companies go belly up after being cyber attacked. How small outfits can protect themselves.
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CNBC's Scott Cohn reports on the growing problem of cyber attacks. Even Ben Bernanke addressed it in his testimony to Congress this week. Many companies, however, are wary of reporting attacks, he says, and that's a problem.
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SAN FRANCISCO, Feb 24- Dire warnings from Washington about a "cyber Pearl Harbor" envision a single surprise strike from a formidable enemy that could destroy power plants nationwide, disable the financial system or cripple the U.S. government.
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