Symantec (SYMC) Ratings Placed on CreditWatch Negative by S&P
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Alphabet (GOOGL) soars 16% on Q1 results beat, first-ever dividend
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil settles higher as weak U.S. economic growth offset by supply concerns
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Union Pacific beats profit estimates on stronger pricing, resumes share buyback
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hertz Global (HTZ) misses earnings expectations as fleet costs weigh
- Teladoc (TDOC) Misses Q1 EPS by 3c, offers outlook
- After-hours movers: Alphabet, Microsoft, Snap, Intel, and more
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
Symantec to Acquire LifeLock for $2.3 Billion to Form World’s Largest Digital Safety Platform for Consumers and Families
November 20, 2016 9:46 PM ESTCombines Norton, the #1 Consumer Security brand, and LifeLock, a leading Identity Protection provider Combination will expand addressable market, broaden value proposition, and enable sustainable consumer segment revenue and profit growth Company reaffirms fiscal year 2017 non-GAAP financial guidance Company reaffirms fiscal year 2018 non-GAAP EPS guidance; acquisition expected to be accretive to FY2019 non-GAAP EPS
MOUNTAIN VIEW, Calif. & TEMPE, Ariz.--(BUSINESS WIRE)-- Symantec Corp. (NASDAQ: SYMC) and LifeLock, Inc. (NYSE:... More