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Cybersecurity company $SYMC said that it has agreed to acquire Blue Coat, Inc., a web security firm, for approx. $4.651Bil in cash. The transaction has been approved by both companies' Boards of Directors and is expected to close in 3Q16. Greg Clark, Blue Coat CEO, will be appointed as CEO of $SYMC & will join its Board upon closing of transaction.
$JNJ down 2% in pre-market trading. Earnings beat expectations, but sales disappointed. Johnson is cautious on its outlook. How it will perform in the future?
$YHOO is reporting today after market close. Nobody cares about this stock.