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Exclusive: Symantec to hire bank for advice, activism defense – sources

05

Apr

2014

By Nicola Leske, Nadia Damouni and Soyoung Kim NEW YORK (Reuters) – Antivirus and security software maker Symantec Corp, which recently fired its chief executive amid declining sales and fierce competition, is in the process of hiring banks to help advise on strategy and defend against possible activist investors, according to several people familiar with […]

Category CA Technologies Tech Written by Yahoo 0 Comments

Symantec CEO ouster raises questions about turnaround

22

Mar

2014

Symantec Corp’s shares fell as much as 14 percent on Friday, a day after the security software maker fired its chief executive, raising concerns about its turnaround efforts. At least five brokerages downgraded the stock, which has fallen nearly 17 percent in the past six months as the company, known for its Norton antivirus software, […]

Category CA Technologies Tech Written by Yahoo 0 Comments

Symantec fires CEO Bennett

21

Mar

2014

Antivirus and security software provider Symantec Corp fired Chief Executive Steve Bennett on Thursday, the second time it has sacked its top executive in less than two years, as the company struggles to revive growth amid eroding PC sales. Shares of the company, known for its Norton antivirus software, fell 10 percent in extended trading. […]

Category CA Technologies Tech Written by Yahoo 0 Comments

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Exclusive: Symantec to hire bank for advice, activism defense – sources

Symantec CEO ouster raises questions about turnaround

Symantec fires CEO Bennett

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