Tag Archives: symc

Symantec CEO Plans ‘Lifecycle’ Shift After Mixed Q4

Big tech security company Symantec (SYMC), in mid-overhaul with a new interim CEO, indicated that more changes are ahead as it delivered a mixed quarterly report Thursday afternoon. Symantec stock, down 15% year to date through Thursday’s close, rose 2% after hours as earnings came in at 47 cents a share for its fourth quarter of fiscal year 2014. That was a nickel ahead of the consensus of analysts polled by Thomson Reuters and 7% higher than a

Symantec CEO Plans ‘Lifecycle’ Shift After Mixed Q1

Big tech security company Symantec (SYMC), in mid-overhaul with a new interim CEO, indicated that more changes are ahead as it delivered a mixed quarterly report Thursday afternoon. Symantec stock, down 15% year to date through Thursday’s close, rose 2% after hours as earnings came in at 47 cents a share for its fourth quarter of fiscal year 2014. That was a nickel ahead of the consensus of analysts polled by Thomson Reuters and 7% higher than a

Symantec Fires CEO Steve Bennett; Shares Fall Late

Anti-virus software maker Symantec (SYMC) late Thursday fired CEO and President Steve Bennett, who had cut costs and was amid a major restructuring during his short tenure at the top. “This considered decision was the result of an ongoing deliberative process, and not precipitated by any event or impropriety,” Chairman Daniel Schulman said in a statement. Symantec stock was down 6.5% in after-hours trading, after the announcement. Symantec stock