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Symantec CEO Sees More Work In Security Firm’s Revamp

A year ago, Symantec CEO Steve Bennett called the security company he leads, the largest in its hot industry group, “bloated” after many acquisitions. Today, the company is leaner after hefty management cuts and a realignment around 10 functional areas and customer pain points. But there’s still much work to be done, he says. Symantec (SYMC) on Jan. 29 beat expectations for its third quarter of fiscal 2014, and raised guidance. But it’s not yet

Symantec Tops Q3 Views As Security Firm’s Revamp Rolls

Symantec (SYMC), the largest computer security software maker, made progress on its yearlong overhaul, raised its outlook ahead of analysts’ estimates and beat expectations for the most recent quarter in its earnings report delivered after Wednesday’s close. But revenue last quarter fell, and Symantec stock was down nearly 3% in after-hours trading. Shares rose 3.7% in the regular session, in which the major indexes all fell more than 1%. Symantec