$SYMC (Symantec Corporation)

$SYMC {{ '2016-04-28T13:24:59+0000' | timeago}} • Announcement

$SYMC's Board has formed a Search Committee composed of 3 independent directors, Ken Hao, David Mahoney serving as chair, and Suzanne Vautrinot, to oversee the CEO selection process, with the assistance of a leading executive search firm to assist with identifying and evaluating candidates.

$SYMC {{ '2017-07-11T13:37:46+0000' | timeago}} • Announcement

After snapping up Israeli cybersecurity start-up firm Fireglass last week, $SYMC acquires mobile security vendor Skycure in an undisclosed deal. With this acquisition, Symantec will strengthen its Apple iOS and Android mobile security offerings. The transaction is expected to close in 2Q17.

$SYMC {{ '2017-07-06T13:25:53+0000' | timeago}} • Announcement

Cyber security giant $SYMC has agreed to acquire Israel-based Fireglass, further strengthening the company’s integrated cyber defense platform and extending its Secure Web Gateway and email protection. The transaction is expected to close in the third calendar quarter of 2017. Financial terms of the transaction have not been disclosed.

$SYMC {{ '2017-05-16T11:18:49+0000' | timeago}} • Announcement

$SYMC blocked nearly 22 million WannaCry infection attempts across 300,000 endpoints, providing full protection through advanced exploit protection technology. The WannaCry ransomware attacks targeted and affected users by encrypting data files on infected computers and demanding users pay a $300 ransom in bitcoin to decrypt their files.

$SYMC {{ '2017-05-10T22:13:31+0000' | timeago}} • Webcast

$SYMC expects its renewal rates on endpoint to increase. The company is also delivering other significant endpoint technologies. $SYMC has a future release coming up in 2017 in endpoint integrated tightly with its proxy technology that help in responding and detecting problems. $SYMC also has cross-sell opportunities for endpoint DLP.

$SYMC {{ '2017-05-10T20:40:06+0000' | timeago}} • Infographic

$SYMC Symantec Corporation Earnings AlphaGraphics: Q4 2017 highlights

$SYMC {{ '2017-05-10T20:32:43+0000' | timeago}} • Announcement

$SYMC BoD has declared a quarterly cash dividend of $0.075 per common share to be paid on June 21, 2017, to all shareholders as on June 7, 2017.

$SYMC {{ '2017-05-10T20:29:45+0000' | timeago}} • Announcement

For 1Q18, $SYMC expects revenue in the range of $.133-1.163Bil and loss per share of $0.25-0.21. Adjusted EPS is expected to be between $0.28 and $0.32. For FY18, revenue is seen in the range of $4.97-5.07Bil and EPS of $0.03-0.13. Excluding items, it expects EPS to be between $1.75 and $1.85.

$SYMC {{ '2017-05-10T20:23:36+0000' | timeago}} • Announcement

Software company $SYMC swung to a loss in 4Q17 from a profit in the year-over period. Net loss was $143MM, or $0.23 per share, compared to net income of $2.04Bil, or $3.15 per share in 4Q16. Adjusting for special charges, $SYMC earned $0.28 per share. Revenue for the quarter jumped 29% to $1.11Bil.

$SYMC {{ '2017-05-02T14:59:08+0000' | timeago}} • Announcement

$SYMC has named Fredrik Torstensson as its new SVP of global sales and field marketing for the consumer business. Prior to joining Symantec, Torstensson was the SVP of global sales at Wacom.

$TRV {{ '2017-04-10T16:00:00+0000' | timeago}} • Announcement

$TRV said it is making pre-breach cybersecurity services from $SYMC available to eligible $TRV cyber policyholders. $SYMC will provide a cyber resilience readiness assessment, cybersecurity awareness training videos and a security coach helpline, among other services.

$SYMC {{ '2017-02-09T16:18:42+0000' | timeago}} • Announcement

$SYMC completed its acquisition of LifeLock, a provider of identity theft protection, for about $2.3Bil. The acquisition transforms $SYMC's consumer business and creates the most comprehensive consumer digital safety platform to help people protect their information, identities, devices and families.

$SYMC {{ '2017-02-08T14:14:34+0000' | timeago}} • Announcement

$SYMC intends to use the net proceeds of this offering, after deducting underwriting discounts and offering expenses, together with cash on hand, to finance the approx. $2.3Bil aggregate purchase price of its proposed acquisition of LifeLock.

$SYMC {{ '2017-02-08T14:13:16+0000' | timeago}} • Announcement

$SYMC  announced the pricing of its senior unsecured notes in an aggregate principal amount of $1.1Bil.  This reflects an increase of $0.1Bil from the aggregate principal amount previously announced. The senior notes which will mature on April 15, 2025, will bear interest at a rate of 5% per annum.

$SYMC {{ '2017-02-02T15:41:27+0000' | timeago}} • Announcement

$SYMC plans to offer $1Bil of senior unsecured notes due 2025 to persons reasonably believed to be qualified institutional buyers. $SYMC plans to use net proceeds, together with cash on hand, to finance the about $2.3Bil aggregate purchase price of its proposed acquisition of LifeLock, Inc.

$SYMC {{ '2017-02-01T23:22:32+0000' | timeago}} • Webcast

$SYMC expects $30MM of headwinds of foreign exchange in revenue in 4Q17. For FY17, the headwind is expected to be in the mid-40s of headwind to revenue.

$SYMC {{ '2017-02-01T23:08:25+0000' | timeago}} • Webcast

$SYMC narrowed its FY17 non-GAAP revenue outlook to the high end of the previous guidance range, currency adjusted, from November. The company also increased FY17 non-GAAP EPS outlook to $1.17-1.19 from the previous range of $1.12-1.18 despite headwinds from currency and share count. For FY18, the company expects non-GAAP EPS to be $1.70-1.80,

$SYMC {{ '2017-02-01T22:57:33+0000' | timeago}} • Webcast

$SYMC's total cost savings include $400MM in net cost efficiencies on the Symantec business and $150MM in Bluecoat cost synergies. The company achieved savings in procurement and organizational efficiencies and started to realize savings in IT and real estate. $SYMC is on track to achieve over $200MM in net cost savings exiting FY17.

$SYMC {{ '2017-02-01T22:54:32+0000' | timeago}} • Infographic

$SYMC Symantec Corp. Earnings AlphaGraphics: Q3 2017 Highlights

$SYMC {{ '2017-02-01T22:41:09+0000' | timeago}} • Webcast

With regards to the Blue Coat acquisition, $SYMC stated that it is progressing on the product integration and cost efficiency initiatives. The company expects to close the $LOCK acquisition by February 9. The company is confident about the long-term outlook for $SYMC.

$SYMC {{ '2017-02-01T21:39:37+0000' | timeago}} • Announcement

For 4Q17, $SYMC expects revenue to be $1.039-1.059Bil and GAAP EPS is expected to range from a loss of $0.02 to breakeven. On a non-GAAP basis, EPS is expected to be $0.27-0.29. The BoD declared a quarterly cash dividend of $0.075 per share, to be paid on March 15, 2017, to shareholders of record as of Feb. 20, 2017.

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