The risks were clear to computer experts inside Home Depot: The chain, they warned for years, might be easy prey for hackers. NYT reports.» Read More
Stocks ended mixed on Monday as investors cast a wary eye on rising interest rates ahead of the Fed's two day meeting this week.
How Big A Deal Is A Big Deal? Monday morning is traditionally the time we get the most merger and acquisition news - hence the often used (and overused) term “Merger Monday”. But how big a deal should we make over a deal?
The chief executive of Symantec told CNBC that the planned $830 million acquisition of Altiris will boost the security software maker's long-term sales.
Symantec, a maker of security software, posted a 25% increase in quarterly profit , or earnings of 26 cents a share for its fiscal third quarter ended Dec. 29, unchanged from a year ago and a penny above consensus estimates compiled by Thomson First Call.
The Dow closed at a record for the third straight session and Nasdaq fell slightly as investors bought selectively ahead of earnings reports and on a steep drop in oil.
Shares of Symantec sold off as much as 12% after the software maker warned of disappointing December-quarter results and cut its full-year outlook, blaming weak sales of data center software and higher-than-expected costs.
Top U.S. network equipment maker Cisco Systems said on Thursday it will buy Web messaging and e-mail security firm IronPort Systems for $830 million to tap growing demand for anti-virus and anti-spam software.
Seventeen initial public offering are scheduled to come to market this week, and analysts think the two to watch are Guidance Software and IPG Photonics.