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Market Wrap For March 7: Markets Cap Off Positive Week With Small Gains
Friday, March 7, 2014 - 5:31pm | 2369U.S. stocks were mixed as investors continue to follow the standoff in Ukraine and digested February's jobs report which indicated that harsh winter weather could be the culprit behind weakness seen in recent economic data reports. The S&P 500 trading at new all time highs at 1,883.57 but...
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Market Wrap For February 6: Stocks Higher With All Eyes On Friday's Jobs Report
Thursday, February 6, 2014 - 5:37pm | 3005U.S. stocks moved sharply higher today as investors and traders digested positive news about the job market. It is unclear if Thursday's momentum will be carried forward Friday with the release of the January employment survey. The Dow gained 1.22 percent, closing at 15,628.53. The S...
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Palo Alto Networks Jumps 8% Following Q1 Results
Monday, November 25, 2013 - 5:58pm | 285Palo Alto Networks (NYSE: PANW) is up more than eight percent in after hours trading after the firm announced its first quarter results. Palo Alto's Q1 EPS came in at $0.08 versus the Street estimate of $0.07. Revenue arrived at $128.2 million versus the Street estimate of $120.81 million. Sales...
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Network Security Stocks May Exceed Expectations (CHKP, FTNT, PANW)
Tuesday, October 15, 2013 - 3:50pm | 838In a new research report, Jefferies has singled out Check Point Software Technologies (NASDAQ: CHKP), Fortinet (NASDAQ: FTNT) and Palo Alto Networks (NYSE: PANW) as top network security software companies that are doing just fine, even as some other technology companies have struggled of late. In...
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KAYAK, Palo Alto Networks Surge on First Day of Trading; Fender Withdraws Chance
Friday, July 20, 2012 - 1:52pm | 271Both of Friday's IPOs for KAYAK (NASDAQ: KYAK) and Palo Alto Networks (NYSE: PANW) saw shares open higher than originally priced. Yesterday, KAYAK priced 3.5 million shares of Class A common stock at $26.00 per share. Friday, shares opened at about $30.49 per share, an increase of 17 percent. At...
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Biggest Post-Facebook IPO Wave Is Set For This Week
Monday, July 16, 2012 - 12:43pm | 421The biggest wave of IPOs since Facebook (NASDAQ: FB) went public is set to hit the U.S. markets this week. The reception to IPOs slowed in the second quarter in the wake of Facebook's lackluster market debut. New issues also were down, however, as companies delayed their moves to the public...