• Zacks.com featured highlights include: Medtronic, Symantec, Target, Popular and Baxter International
    Zacks

    Zacks.com featured highlights include: Medtronic, Symantec, Target, Popular and Baxter International

    Zacks.com featured highlights include: Medtronic, Symantec, Target, Popular and Baxter International

  • Thomson Reuters StreetEvents

    Edited Transcript of PANW earnings conference call or presentation 4-Sep-19 8:30pm GMT

    Q4 2019 Palo Alto Networks Inc Earnings Call and Analyst Meeting

  • Qorvo's New FEM Module to Enhance Efficiency of IoT Devices
    Zacks

    Qorvo's New FEM Module to Enhance Efficiency of IoT Devices

    Qorvo's (QRVO) Expanding portfolio of 5G and GaN solutions hold promise. Further, robust growth in its wireless connectivity as well as in base station solutions is a positive.

  • Is CyberArk Software (CYBR) Stock Outpacing Its Computer and Technology Peers This Year?
    Zacks

    Is CyberArk Software (CYBR) Stock Outpacing Its Computer and Technology Peers This Year?

    Is (CYBR) Outperforming Other Computer and Technology Stocks This Year?

  • CyberArk Software Enters Oversold Territory
    Zacks

    CyberArk Software Enters Oversold Territory

    CyberArk Software Ltd. (CYBR) has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.

  • Check These 4 Top-Ranked Liquid Stocks for Alluring Returns
    Zacks

    Check These 4 Top-Ranked Liquid Stocks for Alluring Returns

    Four marvelous liquid stocks that investors should snap up now for stellar returns.

  • Is FireEye (NASDAQ:FEYE) Using Debt In A Risky Way?
    Simply Wall St.

    Is FireEye (NASDAQ:FEYE) Using Debt In A Risky Way?

    David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

  • GuruFocus.com

    Proofpoint Inc (PFPT) CEO Gary Steele Sold $2.5 million of Shares

    CEO of Proofpoint Inc (30-Year Financial, Insider Trades) Gary Steele (insider trades) sold 20,000 shares of PFPT on 09/12/2019 at an average price of $124.8 a share. Continue reading...

  • GuruFocus.com

    Palo Alto Networks Inc (PANW) EVP, Chief Technology Officer Nir Zuk Sold $2.5 million of Shares

    EVP, Chief Technology Officer of Palo Alto Networks Inc (30-Year Financial, Insider Trades) Nir Zuk (insider trades) sold 12,000 shares of PANW on 09/12/2019 at an average price of $210.66 a share. Continue reading...

  • Fortinet (FTNT) Dips More Than Broader Markets: What You Should Know
    Zacks

    Fortinet (FTNT) Dips More Than Broader Markets: What You Should Know

    Fortinet (FTNT) closed at $78.11 in the latest trading session, marking a -0.33% move from the prior day.

  • Broadcom to Deleverage Its Balance Sheet
    Market Realist

    Broadcom to Deleverage Its Balance Sheet

    Broadcom's CEO is known for his mergers and acquisitions. He targets companies that are market leaders with high cash flows and distressed growth.

  • Here’s why Radware Ltd.’s (NASDAQ:RDWR) Returns On Capital Matters So Much
    Simply Wall St.

    Here’s why Radware Ltd.’s (NASDAQ:RDWR) Returns On Capital Matters So Much

    Today we'll look at Radware Ltd. (NASDAQ:RDWR) and reflect on its potential as an investment. Specifically, we're...

  • Zacks

    Broadcom (AVGO) Earnings & Revenues Beat Estimates in Q3

    Broadcom (AVGO) Q3 results benefit from expanding presence in the infrastructure software space on synergies from CA buyout. However, company provided cautious fiscal 2019 guidance.

  • Broadcom Sticks to Lowered 2019 Sales Forecast; Shares Slip
    Bloomberg

    Broadcom Sticks to Lowered 2019 Sales Forecast; Shares Slip

    (Bloomberg) -- Broadcom Inc. reported modest quarterly sales growth and reiterated a muted forecast for the rest of the fiscal year, indicating the trade war between China and the U.S. is still suppressing demand for semiconductors.Sales in the period ended Aug. 4 rose 9% to $5.52 billion, the San Jose, California-based company said Thursday in a statement. Before certain items, profit was $5.16 a share. That compares with average analyst estimates for per-share profit of $5.13 on sales of $5.52 billion, according to data compiled by Bloomberg.Broadcom said it still expects revenue in fiscal 2019 to be $22.5 billion, a lowered projection it made in June. The company no longer gives quarterly predictions and instead updates its annual target at the end of each quarter. Shares declined about 1.3% in extended trading.Chief Executive Officer Hock Tan has built a $100 billion company through a spate of acquisitions, including his purchase of part of Symantec Corp. for $10.7 billion in August. While Broadcom has one of the broadest reaches in the technology industry, that diversity hasn’t made it immune to the ongoing trade dispute between the U.S. and China and blacklisting of Huawei Technologies Co., which is hammering Tan’s semiconductor business.“We believe demand has bottomed out but will continue to remain at these levels due to the current uncertain environment,” Tan said in the statement. There’s little visibility due to the trade war and no sense of a “sharp recovery around the corner,” he added on a conference call.About half of the chips Broadcom sells are either used in China or sent through factories there on the way to becoming part of electronic devices sold around the world. Last year, Huawei accounted for about $900 million of Broadcom’s sales, Tan has said.The chipmaker’s position as a major manufacturer of components for Apple Inc. and Samsung Electronics Co. means its orders are seen as a gauge of confidence in future demand from some of the world’s largest smartphone makers. It’s also one of the leading suppliers of networking components used by large data-center operators such as Alphabet Inc.’s Google and Amazon.com Inc.’s cloud division.Tan said that there is a “seasonal uptick” in demand for phone parts because of the launch of new models from his “large North American customer,” using his typical reference for Apple. Orders at this point are typical of the buildup ahead of a phone release, and sales of the devices will determine demand in the future. Apple’s iPhone 11 goes on sale Sept. 20.Three months ago, Tan pared back his revenue forecast for the year, indicating that sales in each of the remaining quarters would be a billion dollars lighter than previously expected. That has held back Broadcom’s stock, which is up 18% this year, compared with a 39% advance by the Philadelphia Stock Exchange Semiconductor Index.In the current circumstances, the company will prioritize paying down debt over buying back shares, Chief Financial Officer Tom Krause said on the conference call. Doing so is important to retaining the company’s investment-grade credit rating.Net income in the fiscal third quarter declined to $715 million, or $1.71 a share, from $1.2 billion, or $2.71, a year earlier, Broadcom said. Chip unit sales were about $4.4 billion in the recent period, accounting for 79% of the company’s total revenue. They were down 4.7% from a year earlier.(Updates with comments from executives starting in fifth paragraph)To contact the reporter on this story: Ian King in San Francisco at ianking@bloomberg.netTo contact the editors responsible for this story: Jillian Ward at jward56@bloomberg.net, Molly SchuetzFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Symantec lays off hundreds in California, including at Mountain View HQ, amid buyout talks
    American City Business Journals

    Symantec lays off hundreds in California, including at Mountain View HQ, amid buyout talks

    The Mountain View layoffs include workers in administrative services, IT, engineering, corporate responsibility, sales operations, brand management, finance, global staffing, investor relations, legal, operations, product and program management along with other roles.

  • Broadcom Stock a Good Bet for Long-Term Investors
    Market Realist

    Broadcom Stock a Good Bet for Long-Term Investors

    As the trade war eases, Broadcom stock has soared 5.4% through September 10. Broadcom plans to release its Q3 earnings after the market closes.

  • Is Qualys, Inc.'s (NASDAQ:QLYS) CEO Salary Justified?
    Simply Wall St.

    Is Qualys, Inc.'s (NASDAQ:QLYS) CEO Salary Justified?

    In 2001 Philippe Courtot was appointed CEO of Qualys, Inc. (NASDAQ:QLYS). This report will, first, examine the CEO...

  • 5 High-Flying Stocks Near 52-Week High That Can Scale Higher
    Zacks

    5 High-Flying Stocks Near 52-Week High That Can Scale Higher

    Investors target stocks that have been on a bullish run lately. Stocks seeing price strength have a high chance of carrying the momentum forward.

  • Oracle Stock Falls Due to Q1 Earnings, Co-CEO Takes Leave
    Market Realist

    Oracle Stock Falls Due to Q1 Earnings, Co-CEO Takes Leave

    Oracle (ORCL) unexpectedly released its earnings results for the first quarter of fiscal 2020 on Wednesday after the market bell.

  • Zacks

    S&P, Dow Retake Milestones and Get Within 1% of New Highs

    S&P;, Dow Retake Milestones and Get Within 1% of New Highs

  • What Makes Palo Alto Networks (PANW) a Strong Sell?
    Zacks

    What Makes Palo Alto Networks (PANW) a Strong Sell?

    Palo Alto Networks (PANW) has witnessed a significant price decline in the past four weeks, and is seeing negative earnings estimate revisions as well.

  • Financial Times

    Broadcom says chip demand has ‘bottomed out’

    Broadcom said demand in its semiconductor business has “bottomed out”, taking some of the sting out of quarterly revenue that fell just shy of expectations as the chipmaker continues to deal with the fallout from the US-China trade spat. In June, the trade dispute and Washington’s export restrictions targeting Huawei prompted Broadcom to cut its revenue outlook by $2bn to $22.5bn for fiscal 2019, with the company warning that geopolitical uncertainties had driven a slowdown in the chip sector. Broadcom reiterated that revenue guidance Thursday, while also posting fiscal third-quarter earnings that outpaced Wall Street’s forecast.

  • Thomson Reuters StreetEvents

    Edited Transcript of JNPR earnings conference call or presentation 25-Jul-19 9:00pm GMT

    Q2 2019 Juniper Networks Inc Earnings Call

  • Zscaler: Time to Be a Contrarian?
    GuruFocus.com

    Zscaler: Time to Be a Contrarian?

    Shares are down nearly 20% after issuing weak guidance Continue reading...

  • Zscaler stock suffers worst day ever on outlook, competition concerns
    MarketWatch

    Zscaler stock suffers worst day ever on outlook, competition concerns

    Zscaler Inc.’s stock suffered its worst day since going public a year-and-a-half ago after the cloud-based cybersecurity company’s forecast came into question and half the analysts covering the stock cut target prices.