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Symantec Corp

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  • Markets End Mixed As Investors Focus On Fed Monday, 29 Jan 2007 | 5:47 PM ET

    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.

  • CNBC's Schacknow: When It's a "Big Deal" To Us Monday, 29 Jan 2007 | 1:57 PM ET

    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.

  • Cisco to Buy Security Software Maker for $830 Million Thursday, 4 Jan 2007 | 4:36 AM ET

    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.

  • Tech Firms Lead IPO Rush Monday, 11 Dec 2006 | 2:50 PM ET

    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.