SYMC - Symantec Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
23.22
-0.24 (-1.00%)
At close: 4:00PM EDT
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Previous Close23.45
Open23.41
Bid23.02 x 1100
Ask23.55 x 900
Day's Range23.12 - 23.55
52 Week Range17.43 - 26.07
Volume8,244,892
Avg. Volume9,697,188
Market Cap16.063B
Beta (3Y Monthly)1.43
PE Ratio (TTM)540.00
EPS (TTM)0.04
Earnings DateOct 30, 2019 - Nov 4, 2019
Forward Dividend & Yield0.30 (1.47%)
Ex-Dividend Date2019-06-07
1y Target Est22.93
Trade prices are not sourced from all markets
  • Barrons.com

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    Survey: More than 80 percent of employees at Adobe, Intel, Cisco see cost-cutting at work

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    DXC Technology Acquires Syscom, Boosts Presence in Norway

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  • GuruFocus.com

    George Soros' Firm Buys Tech Stocks in 2nd Quarter

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  • Benzinga

    Notable Insider Buys In The Past Week: General Electric, Symantec And More

    Insider purchasing was seen at companies favored by Carl Icahn and George Soros last week. The CEO of an industrial giant put his money where his mouth is as well. Conventional wisdom says that insiders and 10% owners really only buy shares of a company for one reason -- they believe the stock price will rise and they want to profit from it.

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  • Business Wire

    Symantec to Present at Upcoming Investor Conferences

    Symantec Corp. , the world’s leading cyber security company, today announced Symantec’s management team will be presenting at the following investor conferences:

  • Stealthy cloud backup biz from Oracle and VMware vets emerges with $51M funding
    American City Business Journals

    Stealthy cloud backup biz from Oracle and VMware vets emerges with $51M funding

    Clumio Inc. until now has gone from "three founders and a couple of dogs" in the Palo Alto offices of Sutter Hill Ventures to a 75-employee startup in Santa Clara without attracting too much attention.

  • Broadcom Bets $10.7 Billion on Security and Synergy
    Motley Fool

    Broadcom Bets $10.7 Billion on Security and Synergy

    The success of the chip company’s deal for Symantec’s security assets hinges on its ability to wring out costs.

  • Broadcom's Strategy for its Symantec Deal Has a Lot in Common with its CA Deal
    TheStreet.com

    Broadcom's Strategy for its Symantec Deal Has a Lot in Common with its CA Deal

    As is the case with CA, Broadcom wants to significantly cut the spending of Symantec's enterprise security unit and streamline its offerings. But the unit faces a tougher competitive environment than CA's core mainframe software business.

  • Symantec Corp (SYMC) Q1 2020 Earnings Call Transcript
    Motley Fool

    Symantec Corp (SYMC) Q1 2020 Earnings Call Transcript

    SYMC earnings call for the period ending June 29, 2019.

  • Broadcom Acquisition Of Symantec Assets Divides Wall Street Analysts
    Investor's Business Daily

    Broadcom Acquisition Of Symantec Assets Divides Wall Street Analysts

    Broadcom's acquisition of Symantec's enterprise security software unit has divided analysts as the company continues to diversify from its legacy semiconductor business. Broadcom stock rose.

  • MarketWatch

    Symantec credit in danger of downgrade into 'junk' territory at Moody's

    Moody's Investors Service said Friday it was placing Symantec Corp.'s Baa3 senior unsecured debt ratings under review for downgrade, after the security software company said it planned to sell its enterprise software security business to Broadcom Inc. for $10.7 billion and distribute the proceeds to shareholders. Since Baa3 is Moody's lowest investment-grade rating, any downgrade would put the rating into speculative, or "junk" territory. Moody's said that given the increase in "shareholder friendly financial policies," a downgrade of at least one notch is likely. Symantec's stock fell 1.1% in afternoon trading while Broadcom shares gained 2.5%. "Loss of the enterprise business will contribute to a moderate increase in leverage as debt is not being repaid as part of the divestiture," Moody's said. "Leverage and cash flow will be further weakened by stranded costs until they are reduced or eliminated." Year to date, Symantec's stock has rallied 19.9% and Broadcom shares have gained 9.3%, while the S&P 500 has advanced 16.9%.

  • GuruFocus.com

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  • Benzinga

    Wall Street Weighs In On Symantec-Broadcom Deal

    Broadcom Inc (NASDAQ: AVGO) shares were trading higher Friday after the company announced a $10.7-billion buyout of the enterprise business of Symantec Corporation (NASDAQ: SYMC). A deal between the two tech giants had been rumored for weeks, and the combination should lead to significant cost synergies for Broadcom. Broadcom’s enterprise security business generates about $2 billion in annual revenue, and the company is anticipating $1 billion in synergies in the first year after the deal’s closing.

  • Symantec Sells Enterprise Unit, Stock Up on AVGO Deal
    Market Realist

    Symantec Sells Enterprise Unit, Stock Up on AVGO Deal

    Symantec (SYMC) stock soared and closed 12.3% higher yesterday after the cybersecurity company announced it was selling assets to Broadcom (AVGO).

  • Symantec (SYMC) Q1 Earnings & Revenues Surpass Estimates
    Zacks

    Symantec (SYMC) Q1 Earnings & Revenues Surpass Estimates

    Symantec's (SYMC) first-quarter fiscal 2020 results benefit from strength across its business, and cost reduction efforts.

  • Reuters

    US STOCKS-Wall Street set to open lower after Huawei report adds to trade concerns

    U.S. stocks were set to open lower on Friday, as investors grappled with fresh trade tensions, political turmoil in Italy and a surprise contraction in Britain's economy. Shares of chipmakers and other tariff-sensitive stocks came under pressure after a report that Washington was delaying a decision about allowing some trade between U.S. companies and China's telecom equipment maker Huawei again. Micron Technology, Nvidia Corp and Intel Corp fell between 0.7% and 1.7% in premarket trading, while Apple Inc slid 0.8%.

  • Symantec Rewards Shareholders with Special Dividend
    Market Realist

    Symantec Rewards Shareholders with Special Dividend

    Yesterday, Symantec (SYMC) inked an all-cash deal with Broadcom (AVGO) to sell its Enterprise Security unit for $10.7 billion.

  • Barrons.com

    Broadcom Is Buying Symantec’s Enterprise Security Business for More Than $10 Billion

    Broadcom is known for acquiring companies. After years of primarily buying chip companies, it entered the software industry last year with its purchase of CA Technologies for almost $19 billion.

  • Investing.com

    Stocks - Wall Street Falls as Trade Tensions, Political Uncertainty Rises

    Investing.com – Wall Street slipped on Friday, reversing some of the gains of its biggest one-day rise in two months as trade tensions failed to show signs of easing and political uncertainty in Italy and the U.K. added to concerns.

  • Broadcom to buy Symantec's enterprise unit for $10.7 billion in software push
    Reuters

    Broadcom to buy Symantec's enterprise unit for $10.7 billion in software push

    Shares of Symantec rose 3.6% and Broadcom 2% in extended trading. Broadcom last year bought U.S. business software maker CA Inc for $18.9 billion and was reportedly in talks to buy infrastructure software company Tibco Software Inc, which was taken private by Vista Equity Partners for $4.3 billion in 2014.

  • Broadcom to acquire Symantec's enterprise security unit for $10.7 billion
    Yahoo Finance Video

    Broadcom to acquire Symantec's enterprise security unit for $10.7 billion

    Broadcom is buying software company Symantec's enterprise security unit for $10.7 billion in an all-cash deal. Constellation Research Principal Analyst and Vice President Holger Mueller discusses how the acquisition helps Broadcom to diversify its business and what it means for the business.

  • Broadcom is buying Symantec’s enterprise business for $10.7 billion
    Yahoo Finance Video

    Broadcom is buying Symantec’s enterprise business for $10.7 billion

    Broadcom has a big deal in the works.. The company is buying Symantec's enterprise security business for $10.7 billion. Yahoo Finance’s Alexis Christoforus, Brian Sozzi and Dan Howley discuss.