Edition:
United Kingdom

Symantec Corp (SYMC.OQ)

SYMC.OQ on NASDAQ Stock Exchange Global Select Market

20.25USD
5:47pm BST
Change (% chg)

$-0.32 (-1.58%)
Prev Close
$20.57
Open
$20.48
Day's High
$20.74
Day's Low
$20.17
Volume
479,176
Avg. Vol
2,578,718
52-wk High
$32.94
52-wk Low
$17.81

Latest Key Developments (Source: Significant Developments)

Symantec Announces Completion Of Audit Committee Investigation
Monday, 24 Sep 2018 

Sept 24 (Reuters) - Symantec Corp ::SYMANTEC ANNOUNCES COMPLETION OF AUDIT COMMITTEE INVESTIGATION.SYMANTEC - DOES NOT ANTICIPATE RESTATEMENT OR ADJUSTMENT OF ANY AUDITED/UNAUDITED, FILED/PREVIOUSLY ANNOUNCED, GAAP OR NON-GAAP FINANCIAL STATEMENTS.SYMANTEC CORP - CONCLUDED ITS INTERNAL INVESTIGATION, WHICH WAS ORIGINALLY ANNOUNCED IN MAY 2018.SYMANTEC CORP - NO EMPLOYMENT ACTIONS WITH RESPECT TO ANY SECTION 16 OFFICER HAVE BEEN RECOMMENDED AS A RESULT OF INVESTIGATION.SYMANTEC - COMMITTEE NOTED RELATIVELY WEAK, INFORMAL PROCESS RELATED TO SOME ASPECTS OF REVIEW,APPROVAL,TRACKING TRANSITION & TRANSFORMATION EXPENSES.SYMANTEC CORP - COMPANY IS WORKING TO COMPLETE PREPARATION OF FORM 10-K AND Q1 FORM 10-Q.SYMANTEC CORP - AUDIT COMMITTEE REVIEWED A TRANSACTION WITH A CUSTOMER FOR WHICH $13 MILLION WAS RECOGNIZED AS REVENUE IN Q4 OF FISCAL YEAR 2018.SYMANTEC CORP - AUDIT COMMITTEE PROPOSED CERTAIN RECOMMENDATIONS WHICH BOARD OF DIRECTORS HAS ADOPTED.SYMANTEC CORP - AFTER SUBSEQUENT REVIEW OF TRANSACTION, COMPANY HAS CONCLUDED THAT $12 MILLION OF $13 MILLION SHOULD BE DEFERRED.SYMANTEC-WORKING TO FACILITATE AUDIT OF FISCAL YEAR 2018 FINANCIAL STATEMENTS AND REVIEW OF Q1 QUARTERLY FINANCIAL STATEMENTS BY ITS OUTSIDE AUDITORS.SYMANTEC CORP - PREVIOUSLY ANNOUNCED FINANCIAL RESULTS FOR Q4 2018 AND Q1 2019 WILL BE REVISED TO TAKE INTO ACCOUNT DEFERRAL.  Full Article

Starboard Value Seeks Five Board Seats At Symantec - WSJ, Citing Sources
Thursday, 16 Aug 2018 

Aug 16 (Reuters) - :STARBOARD VALUE SEEKS FIVE BOARD SEATS AT SYMANTEC - WSJ, CITING SOURCES.STARBOARD HAS TAKEN A POSITION IN SYMANTEC AND PRIVATELY NOMINATED FIVE DIRECTORS TO ITS 11-PERSON BOARD IN JULY - WSJ, CITING SOURCES.STARBOARD OWNS ABOUT 5.8 PERCENT OF SYMANTEC, MAKING ITS STAKE WORTH ABOUT $670 MILLION - WSJ.  Full Article

Symantec Expects 2019 Restructuring Plan To Result In Estimated Annualized Total Reduction In Spending Of About $115 Million
Thursday, 2 Aug 2018 

Aug 2 (Reuters) - Symantec Corp ::SYMANTEC - EXPECTS 2019 RESTRUCTURING PLAN TO RESULT IN ESTIMATED ANNUALIZED TOTAL REDUCTION IN SPENDING OF ABOUT $115 MILLION.  Full Article

MobileIron Appoints Scott Hill As CFO
Tuesday, 10 Jul 2018 

July 10 (Reuters) - MobileIron Inc ::MOBILEIRON APPOINTS SCOTT HILL AS CHIEF FINANCIAL OFFICER.MOBILEIRON INC - PRIOR TO MOBILEIRON, SCOTT HILL SERVED AS SENIOR VICE PRESIDENT OF FINANCE AT SYMANTEC.  Full Article

Symantec Launches Quick Online Tool To Help Consumers And Enterprises Detect Recent Vpnfilter Malware On Routers
Friday, 29 Jun 2018 

Symantec Corp ::SYMANTEC LAUNCHES QUICK ONLINE TOOL TO HELP CONSUMERS AND ENTERPRISES DETECT RECENT VPNFILTER MALWARE ON ROUTERS.  Full Article

Symantec Says Entered Into A Second Amendment & Limited Waiver To Term Loan Agreement
Monday, 25 Jun 2018 

June 25 (Reuters) - Symantec Corp ::SYMANTEC SAYS ON JUNE 22, CO ENTERED INTO A SECOND AMENDMENT & LIMITED WAIVER TO TERM LOAN AGREEMENT, DATED AS OF AUGUST 1, 2016 - SEC FILING.SYMANTEC - ON JUNE 22, ALSO ENTERED SECOND AMENDMENT & LIMITED WAIVER TO AMENDED & RESTATED CREDIT AGREEMENT, DATED AUGUST 1, 2016.SYMANTEC - SECOND AMENDMENTS EXTEND DEADLINE FOR DELIVERY OF CO'S AUDITED FINANCIAL STATEMENTS FOR FY ENDED MARCH 30, TO OCT 27.  Full Article

Symantec And NTT Security Announce Planned Strategic Partnership To Securely Manage Web Applications
Thursday, 12 Apr 2018 

April 12 (Reuters) - Symantec Corp ::SYMANTEC AND NTT SECURITY ANNOUNCE PLANNED STRATEGIC PARTNERSHIP TO SECURELY MANAGE WEB APPLICATIONS.INTENTION TO ENTER INTO A STRATEGIC PARTNERSHIP TO BOLSTER WEB SECURITY SERVICES OFFERINGS TO CUSTOMERS.  Full Article

Marathon Patent, Unit Enter Settlement Agreement With Symantec Corp
Tuesday, 13 Mar 2018 

March 13 (Reuters) - Marathon Patent Group Inc ::MARATHON PATENT SAYS ‍ON MARCH 8 CO, UNIT ENTERED SETTLEMENT AGREEMENT AND RELEASE OF CLAIMS WITH SYMANTEC CORP - SEC FILING​.MARATHON PATENT-‍ PURSUANT TO AGREEMENT,IN CONSIDERATION FOR UNDISCLOSED AMOUNT,SYMANTEC TO SETTLE DISPUTES,DISMISS ACTIONS AGAINST CO WITH PREJUDICE​.  Full Article

Shieldx Networks Secures $25 Mln In Series B Funding
Tuesday, 12 Dec 2017 

Dec 12 (Reuters) - Symantec Corp ::SHIELDX NETWORKS SECURES $25M IN SERIES B FUNDING.SHIELDX NETWORKS - CLOSED $25M SERIES B ROUND OF FUNDING WITH NEW INVESTORS INCLUDING ASHAR AZIZ, DIMENSION DATA AND SYMANTEC VENTURES.  Full Article

Symantec selects Amazon Web services to deliver cloud security to global customers
Wednesday, 22 Nov 2017 

Nov 22 (Reuters) - Amazon.Com Inc :Symantec selects Amazon Web services to deliver cloud security to global customers.  Full Article

UPDATE 2-Buyout firm Thoma Bravo adds Imperva to cyber portfolio

Oct 10 Buyout firm Thoma Bravo LLC has agreed to buy Imperva Inc for $2.1 billion in cash, adding the cybersecurity firm to its technology-heavy investment portfolio, it said on Wednesday.