UPDATE 1-FireEye hires Goldman Sachs for potential sale - Business Insider

Reuters

Wed, Oct 2, 2019, 3:10 PM

(Adds companies' comments, share)

Oct 2 (Reuters) - Cybersecurity firm FireEye Inc has hired Goldman Sachs Group Inc for a potential sale, Business Insider reported on Wednesday, citing three sources familiar with the discussions.

The talks are in early stages and private equity firms appear to be the most likely buyer, the report https://www.businessinsider.com/cybersecurity-company-fireeye-has-hired-goldman-to-look-for-a-sale-2019-10 said, adding that there was no certainty of a deal.

FireEye had reported a surprise second-quarter loss and cut its 2019 revenue forecast on non-renewal of cybersecurity subscriptions in its last quarter earnings in July.

The company's shares were up 4.3% in afternoon trading.

The companies declined to comment on the report. (Reporting by Neha Malara in Bengaluru; Editing by Arun Koyyur and Shailesh Kuber)

The Headache at the End of the Costco Gold Rush
Costco made buying a gold bar as simple as tossing it in a shopping cart. Adam Xi, 33 years old, called five different dealers to get a price he could accept for the gold bar he bought at Costco in October. Costco shoppers are spending as much as $200 million monthly on gold, according to a Wells Fargo estimate.
The Wall Street Journal•5h ago
Why Super Micro Computer Stock Just Crashed 17%
Super Micro Computer just spooked its investors with a suggestion that it will earn exactly what it promised to earn three months ago.
Motley Fool•51m ago
Don't buy the dip in stocks just yet as a wave of selling is about to bring the market to a bottom, according to one of the biggest bulls on Wall Street
The S&P 500 could bottom out in the next month, according to Fundstrat's head of research Tom Lee.
Business Insider•17h ago
Super Micro Stock Plunges 18% On Lack Of Preliminary Results. It's A Big Sell Signal.
Super Micro stock fell hard after the data-center computer specialist didn't announce preliminary results for its fiscal Q3.
Investor's Business Daily•58m ago
Super Micro Stock Dives as It Skips Preannouncement for Earnings
In seven of the past eight quarters, the company disclosed preliminary results ahead of its earnings report, generally raising its guidance.
Barrons.com•2h ago
Prediction: This Artificial Intelligence (AI) Stock Could Be Worth More Than Microsoft 5 Years From Now
Microsoft has been one of the pioneers in the field of AI, but this tech giant is also set to win big time from the growing adoption of this technology.
Motley Fool•4h ago
Jamie Dimon Knew Subprime 'Could Go Up In Smoke'; Now He's Worried About An Artificial Economy 'Fueled by Government Deficit Spending'
In the chaos of the 2008 recession, perhaps no bank stood more prepared than Jamie Dimon's J.P Morgan Chase & Co. (NYSE:JPM). In advance of the crisis, Jamie Dimon realized that "underwriting standards were deteriorating across the industry," with late payments on subprime loans rising. In late 2006, the bank led his firm to exit Wall Street's hot subprime business, starting with a frantic call made to J.P. Morgan's vacationing Chief of Securitized Products where he said, "I really want you to w
Benzinga•1d ago
40% of Workers Forced Into Early Retirement: How to Stay Ahead of the Curve
How would you handle early retirement? Instead of having years of investment and growth left, what if you had to start living on your retirement accounts tomorrow? More importantly, what if you had no choice in the matter? A financial advisor can help you prepare for life’s curveballs, including forced retirement. Find a fiduciary advisor […] The post Study Says 40% of Workers Forced Into Early Retirement: Here’s How to Stay Ahead of the Curve appeared first on SmartReads by SmartAsset.
SmartAsset•2h ago
Supermicro Stock Falls Sharply, Continuing Recent Slide
Is the shine starting to come off Super Micro Computer stock? Shares of the server maker, better known as Supermicro, fell 16% Friday , putting the stock on track for its fifth decline in six sessions.
The Wall Street Journal•3h ago
My mother-in-law, 75, has difficulty paying off her $52,000 mortgage and $20,000 HELOC. Should she sell her home — or take out a reverse mortgage?
“She can barely make her mortgage payment as all her income goes towards the house payment and living expenses.”
MarketWatch•19h ago

News

Life

Entertainment

Finance

Sports

New on Yahoo

Yahoo Finance

UPDATE 1-FireEye hires Goldman Sachs for potential sale - Business Insider

Recommended Stories

The Headache at the End of the Costco Gold Rush

Why Super Micro Computer Stock Just Crashed 17%

Don't buy the dip in stocks just yet as a wave of selling is about to bring the market to a bottom, according to one of the biggest bulls on Wall Street

Super Micro Stock Plunges 18% On Lack Of Preliminary Results. It's A Big Sell Signal.

Super Micro Stock Dives as It Skips Preannouncement for Earnings

Prediction: This Artificial Intelligence (AI) Stock Could Be Worth More Than Microsoft 5 Years From Now

Jamie Dimon Knew Subprime 'Could Go Up In Smoke'; Now He's Worried About An Artificial Economy 'Fueled by Government Deficit Spending'

40% of Workers Forced Into Early Retirement: How to Stay Ahead of the Curve

Supermicro Stock Falls Sharply, Continuing Recent Slide

My mother-in-law, 75, has difficulty paying off her $52,000 mortgage and $20,000 HELOC. Should she sell her home — or take out a reverse mortgage?