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Check Point Software Technologies Ltd. Message Board

  • lws2000 lws2000 Jul 18, 2012 12:07 PM Flag

    New Products Drive CHKP Higher

    (Reuters, July 18) - Israel-based computer security firm Check Point Software Technologies (CHKP.O) posted higher quarterly profit and kept its full-year targets, easing fears that companies might cut spending on their networks in a faltering global economy.

    Check Point said on Wednesday new products like ThreatCloud, which allows businesses to team up to fight cyber crime, were helping it to gain market share, and also announced plans to buy up to $1 billion of its shares in the next two years.

77.67+0.57(+0.74%)Oct 21 4:00 PMEDT