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Symantec Corp

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  • Hewlett-Packard sells stake in Chinese unit for $2.3B Thursday, 21 May 2015 | 8:39 AM ET

    NEW YORK— Hewlett-Packard is selling a controlling stake in its China server and storage unit, a move that comes as the Chinese government, apparently worried about U.S. cyberspying, has encouraged the use of local companies. "Partnering with Tsinghua, one of China's most respected institutions, the new H3C will be able to drive even greater innovation for China,...

  • CareFirst says data breach affects about 1.1M people Wednesday, 20 May 2015 | 4:11 PM ET

    They also didn't get access to Social Security numbers, medical claims, or credit cards, and the company said there is no evidence of other breaches. It provides health insurance and services to 3.4 million people in Maryland, Northern Virginia and Washington, D.C. The company is offering two years of free credit monitoring and identity theft protection to...

  • May 14- Antivirus and security software maker Symantec Corp's quarterly profit and revenue missed Wall Street estimates, hurt by a strong dollar and lower demand for its consumer security products. Symantec, best known for its Norton antivirus software, also forecast weaker-than-expected first-quarter profit and revenue, sending its shares down 3 percent...

  • Symantec misses Street 4Q forecasts Thursday, 14 May 2015 | 4:31 PM ET

    MOUNTAIN VIEW, Calif.— Symantec Corp. on Thursday reported fiscal fourth-quarter profit of $176 million. Ten analysts surveyed by Zacks expected $1.56 billion. For the current quarter ending in June, Symantec expects its per-share earnings to range from 41 cents to 44 cents.

  • Symantec quarterly revenue falls 6.6 pct Thursday, 14 May 2015 | 4:13 PM ET

    May 14- Antivirus and security software maker Symantec Corp reported a 6.6 percent fall in quarterly revenue, hurt by a strong dollar and lower demand for its consumer security products. Net income attributable to the company fell to $176 million, or 25 cents per share, in the fourth quarter ended April 3, from $217 million, or 31 cents per share, a year ago.

  • NEW YORK, April 22- A U.S. judge has invalidated two patents owned by Intellectual Ventures just weeks before its lawsuit against Japanese security software provider Trend Micro Inc over the same patents was set to go to trial. The ruling came after Trend Micro and Symantec asked Stark to analyze the patents, which relate to email and software security, to...

  • NEW YORK, April 22- A U.S. judge has invalidated two patents owned by Intellectual Ventures just weeks before its lawsuit against Japanese security software provider Trend Micro Inc, which centers on the patents, was set to go to trial. The ruling came as both Trend Micro and Symantec had asked Stark to analyze the patents, which relate to email and software...

  • Early movers: MS, HAS, HAL, STI, NOK & more Monday, 20 Apr 2015 | 7:46 AM ET
    Traders work on the floor of the New York Stock Exchange.

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

  • Global cyberattacks on big business up 40% in 2014 Tuesday, 14 Apr 2015 | 12:02 AM ET

    Cyberattacks and cybercrime against large companies rose 40 percent globally in 2014, according to Symantec's annual Internet Security Threat study published Tuesday.

  • In the best-known annual study of data breaches, a report from Verizon Communications Inc to be released on Wednesday found that more than two-thirds of the 290 electronic espionage cases it learned about in 2014 involved phishing, the security industry's term for trick emails. Because so many people click on tainted links or attachments, sending phishing...

  • Trading tech stocks: 5 names to play Monday, 13 Apr 2015 | 7:01 PM ET
    A sign is posted in front of the Netflix headquarters in Los Gatos, California.

    "Fast Money" traders discussed how to play Netflix and other big-name technology stocks that made headlines Monday.

  • Early movers: SHLD, UNH, ABBV, NFLX, UPS & more Monday, 13 Apr 2015 | 7:43 AM ET
    Traders work on the floor of the New York Stock Exchange.

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

  • Symantec exploring a possible sale   Monday, 13 Apr 2015 | 7:00 AM ET
    Symantec exploring a possible sale

    CNBC's Mary Thompson on Symantec's plans to re-focus its business.

  • April 10- Security software maker Symantec Corp has been seeking buyers for its storage software business, Veritas, or the entire company for several months, sources familiar with the matter said. Symantec has approached NetApp Inc, EMC Corp and several private equity firms to gauge their interest, the people said, asking asked not to be identified as the...

  • Fear fueling big money flows into this new ETF Monday, 6 Apr 2015 | 2:30 PM ET
    Workers from Select Energy Services at a Hess fracking site near Williston, N.D.

    In fewer than five months, assets under management have increased nearly 200 times to almost $500 million for this exchange-traded fund.

  • These hot tech stocks are 'criminally underinvested' Friday, 27 Mar 2015 | 9:00 AM ET
    (L-R) General Keith Alexander, former director of the NSA; FireEye COO Kevin Mandia; Lookout founder and executive chairman John Hering and moderator Andrew Ross Sorkin of CNBC's "Squawk Box" speak onstage during 'Cyber-Security/Cyber-Insecurity' at the Vanity Fair New Establishment Summit at Yerba Buena Center for the Arts on October 8, 2014, in San Francisco.

    Hacking is very bad news for big corporations but can be very good for investors on top of the latest in cybersecurity stocks.

  • NEW YORK, March 25- Patent holding company Intellectual Ventures' second crack at holding Motorola Mobility liable for using its technology without permission partially succeeded on Wednesday after a U.S. jury in Delaware found Motorola infringed a patent on multimedia text messaging. Another trial between the two, involving a single Intellectual...

  • Moscow- based cybersecurity firm Kaspersky Lab has become a leading authority on American computer espionage campaigns, but sources within the company say it has hesitated at least twice before exposing hacking activities attributed to mother Russia. Meanwhile, U.S. cybersecurity firms CrowdStrike Inc and FireEye Inc have won fame by uncovering...

  • Google launches cloud service for 'cold data' Wednesday, 11 Mar 2015 | 12:14 PM ET

    March 11- Google Inc introduced a cloud storage service for users to store "cold data" and access it much faster than traditional services. Amazon.com Inc's cloud service Amazon Web Services offers a similarly priced service called Glacier. Google listed data storage providers such as Symantec Corp, NetApp Inc and Iron Mountain Inc as partners for the new...

  • Working with investigators from Germany, Italy, the Netherlands and Britain, it was assisted by AnubisNetworks, a unit of BitSight Technologies; Microsoft Corp and Symantec Corp in dismantling the server infrastructure used by the criminals, Europol said. Authorities simultaneously seized servers in four countries after Microsoft and the Washington-...