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BofA: Equifax's Brand Is 'Impaired' After Data Breach
Tuesday, April 10, 2018 - 2:25pm | 384Equifax Inc. (NYSE: EFX)' 2017 data breach led to "significant public backlash" and a brand that is now "impaired," according to Bank of America Merill Lynch. The Analyst BofA's David Ridley-Lane initiated coverage of Equifax's stock with an Underperform...
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Why Stifel Remains Bullish On Under Armour After Data Breach
Monday, April 2, 2018 - 9:32am | 386Under Armour Inc Class A (NYSE: UAA) confirmed Thursday it suffered a data breach that impacted 150 million of its MyFitnessPal users. The report sent shares of the athletic apparel maker down by nearly 5 percent, but the reaction may be overblown, according to Stifel. The Analyst Stifel...
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Investors Are Getting 'Sick' Of Facebook, Says Jim Cramer
Monday, March 19, 2018 - 1:59pm | 391Facbeook, Inc. (NASDAQ: FB) is no stranger to negative headlines about user growth, combating fake news and now the latest controversy involving Cambridge Analytica. Cramer: Investors Losing Patience Investors are looking at the latest round of headlines and becoming "sick" of the...
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Facebook Suspends Cambridge Analytica, Might Have A Privacy Problem On Its Hands
Monday, March 19, 2018 - 8:26am | 545Facebook Inc (NASDAQ: FB) investors woke up to a concerning development Monday related to the privacy of its users. What Happened Cambridge Analytica, a privately held company that specializes in data mining and data analytics, was able to mine data of more than 50 million Facebook users without...
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KeyBanc Sets Sailpoint Technologies Rating At Overweight
Tuesday, December 12, 2017 - 10:13am | 395Cybersecurity provider Sailpoint Technologies Holdings Inc (NYSE: SAIL) began publicly trading in November, and it didn't take long for Wall Street analysts to start coverage of the stock with a bullish stance. The Analyst KeyBanc Capital Markets' Rob Owens initiated coverage of Sailpoint...
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Report: Uber Paid Hackers After Data Theft From 57 Million Riders, Drivers
Wednesday, November 22, 2017 - 2:47pm | 361Uber's public relation nightmares aren't going away despite a change in leadership. The company announced Wednesday that it was the victim of a 2016 data breachn that resulted in the theft of data from more than 57 million users and drivers. But on Wednesday the company released a...
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Cramer's Top 4 Cybersecurity Picks
Saturday, November 11, 2017 - 2:08pm | 481The cybersecurity industry continues to remain in the spotlight at a time when data breaches and hacks are surging. But many investors are left in the dark as to which names boast the necessary technology and expertise to emerge as a winner in the space. The Expert CNBC's Jim Cramer. The...
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Equifax CEO Will Get A 7-Digit Golden Parachute
Wednesday, September 27, 2017 - 9:10am | 376What happens to the CEO of a major corporation that suffered what could prove to be the most extreme data breach in history? In the case of Equifax Inc. (NYSE: EFX) CEO Richard Smith, then he will leave the company with a $7.6 million bonus, Gadfly's Stephen Gandel reported. Equifax confirmed...
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Cramer Adds Equifax's CEO To His 'Wall Of Shame'
Tuesday, September 19, 2017 - 9:48am | 411After Equifax Inc. (NYSE: EFX) suffered what could prove to be the most notable data breach in history, one does have to wonder how the company's CEO Richard Smith still has a job. Not only did Smith fail in handling the situation once it was brought public, but the damage to the company isn't done...
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The Latest On Equifax: Things Aren't Getting Any Better
Monday, September 18, 2017 - 2:15pm | 349The ongoing Equifax Inc. (NYSE: EFX) saga may have taken a turn for the worse as the U.S Justice Department is now getting involved, Bloomberg reported. Equifax, the victim of a massive data breach, is now facing a criminal investigation if company insiders who sold some of their stock before the...
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With Equifax Down 30%, Is The Stock Finally Fairly Priced?
Friday, September 15, 2017 - 1:55pm | 382Analysts at Argus Research turned bearish on Equifax Inc. (NYSE: EFX) as the company's data breach could prove to be the "most serious" data-hack in history. Analyst Jasper Hellweg downgraded Equifax's stock from Buy to Hold with no assigned price target. Equifax's management...
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How Long Will TNT Issues Last For FedEx? This Analyst Isn't Waiting To Find Out
Friday, September 15, 2017 - 10:36am | 348FedEx Corporation (NYSE: FDX)'s TNT unit was the victim of a cyberattack in late June and it wasn't until Aug. 18 when the company confirmed its operations in Europe is back to normal. UBS analyst Thomas Wadewitz said it still remains unknown if the company's international operations,...
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Where Is The Floor In Equifax Shares?
Friday, September 15, 2017 - 10:12am | 373The worst-case scenario for Equifax Inc. (NYSE: EFX) is difficult to quantify, but analysts at Morgan Stanley felt it prudent to revisit their model and include several assumptions amid the company's data breach. Toni Kaplan maintains an Equal-weight rating on Equifax's stock with a price...
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After Hounding Wells Fargo, Elizabeth Warren Hones In On Equifax
Friday, September 15, 2017 - 8:51am | 349Sen. Elizabeth Warren (D-Mass.) has earned herself as being Washington's most "relentless critic" of Wall Street and she has a new company on her sights: Equifax Inc. (NYSE: EFX). Warren made her position on Wells Fargo & Co (NYSE: WFC) very public after the company's fake...
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After Security Breach, Is The Long-Term Thesis Still Intact For Equifax?
Friday, September 8, 2017 - 10:53am | 358Shares of Equifax Inc. (NYSE: EFX) lost more than 14 percent Friday morning as investors are likely deeply concerned with the company's announcement that it suffered a major data breach affecting 143 million people. Analysts at JPMorgan felt it prudent to revisit their long-term thesis on Equifax...