SYMANTEC (NQ: SYMC)
+0.0500 (+0.2939%)
at
17.06
13,685,274 in Volume
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Data as of 08:10 PM EST Feb 9,2010
(SYMC) Community Analysis from
February 10, 2010
(Stock Blog Hub, 1/28/10)
Symantec Corporation (SYMC) reported third quarter 2010 earnings per share of 40 cents, exceeding the Zacks Consensus Estimate of 33 cents. Revenue Symantec...(read more)
(Stock Blog Hub, 2/1/10)
Digital River, Inc. (DRIV) reported revenues of $104.9 million in the fourth quarter of 2009, up 26% from a year ago exceeding management’s guidance of $94 million – $98...(read more)
Shares of Digital River (DRIV), which provides e-commerce solutions, plunged $13.97 or 34.56% to $26.45, after the company announced that one of its customers Symantec (SYMC), notified it...(read more)
Symantec (SYMC) Company Overview

Symantec Corporation (SYMC), known by many as the producer of the Norton anti-virus program, specializes in providing information security and storage products. Symantec helps its customers, which range from large enterprises to individuals, to protect their systems and data by delivering software and services that address risks to information security and system performance. The Company's delivery network consists of 50,000 partners worldwide, and includes relationships with original equipment manufacturers (OEMs), Internet service providers (ISPs), and retail and online stores.

Symantec faces intensifying competition from a number of new market entrants, including such as Cisco Systems, Juniper Networks and Microsoft. While Symantec has head start, the increased competition will undoubtedly drive down prices and comes at a time when overall market growth for security services has been slowing.

(Read more at Wikinvest )

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