Symantec Corp. fell after the biggest maker of security software forecast fiscal first-quarter sales and profit that may miss estimates as a slump in the personal- computer market weighs on its consumer business.
Symantec Corp., the world’s largest maker of computer-security software, ousted Chief Executive Officer Enrique Salem and passed the reins to Chairman Steve Bennett, saying the company wasn’t performing well enough.
Symantec Corp., which ousted Chief Executive Officer Enrique Salem after the stock underperformed for years, could deliver a 40 percent gain to shareholders by splitting its security software and storage businesses.
Symantec Corp., the largest maker of computer-security software, forecast higher profit and sales than analysts predicted as businesses boost spending to defend their systems amid a recent spate of threats.
Symantec Corp., the world’s largest maker of computer security software, fell the most in a year after issuing sales and profit forecasts that missed analysts’ estimates , evidence that customers delayed closing deals.
Symantec Corp., the biggest maker of computer security software, forecast lower sales and profit than analysts predicted, evidence that a slump in personal computer buying is crimping demand for programs to repel malware attacks.
Symantec Corp ., the world’s largest security-software maker, forecast higher revenue than analysts predicted, bolstered by demand for data backup cloud-computing programs, and the effect of a weaker dollar on overseas sales.