Opinion: How do I tell if my computer is a zombie?:: The usual malware warning signs -- computer slowdowns, odd behavior -- apply to stumbles. IE6 more vulnerable to unpatched Microsoft flaw, Symantec says http://computerworld.com/action/article.do?command=viewArticleBasonomyId=76&intsrc=kc_featHOME |
Shares of Symantec fell 19% Wednesday after the company warned that its December quarter results will come in below expectations.
Symantec's September quarter results were ahead of expectations, but the company's guidance for the current quarter earnings of 25 cents a share on sales of $1.26 billion was below analysts' estimates of 27-cent earnings and $1.35 billion in revenues.
The company blamed delays in its Norton 2006 releases and increased competition for the weak guidance, but analysts were also disappointed in the single-digit sales growth in Veritas products during the companies' first full quarter since their merger closed in early July. On-Demand CRM Vendor RightNow Stumbles in Q4:: Software to Improve Business Efficiency and Reduce Costs from Symantec RightNow Technologies gives a preliminary warning, citing a shift from perpetual http://www.eweek.com/c/a/CRM/OnDemand-CRM-Vendor-RightNow-Stumbles-in-Q4HOME | Ideaz - JohnDas Fundas & Ideas: July 2006:: For Symantec AntiVirus Enterprise products: Read the document: How to verify Stumbleupon stumbles to Firefox Add-ons: Discuss S http://johndasfundas.blogspot.com/2006_07_01_archive.html?widgetTpen=MONTHLY-1204309800000HOME |
Also weighing on the stock was the announced retirement of CFO Greg Myers, the second high-level departure at the company in recent months.
The broader market fared much better, with tech stocks leading the way higher despite a lackluster response to earnings reports from Symantec, EDS and Sun. Symantec Labs working on SiteAdvisor alternative:: said that Symantec has some new ideas on how to better warn users of suspicious Web pages. Mac OS X market share growth stumbles http://www.computerworld.com/action/article.do?command=viewArticlxonomyId=17&intsrc=kc_topHOME | Update: E-mail alerts may not be best bet in an emergency like Va. Tech :: Other schools use warning systems that can call cell phones or send text messages to them. Mac OS X market share growth stumbles http://www.computerworld.com/action/article.do?command=viewArticl016900&source=rss_topic15HOME |
The Nasdaq gained 30 to 2144, the S&P 500 rose 12 to 1214, and the Dow climbed 66 to 10,472. Volume rose to 2.65 billion shares on the NYSE, and 2.23 billion on the Nasdaq. Advancers led 24-8 on the NYSE, and 21-9 on the Nasdaq. Upside volume was 79% on the NYSE, and 74% on the Nasdaq. New highs-new lows were 169-95 on the NYSE, and 150-66 on the Nasdaq.
After the close, Priceline jumped 10% after beating estimates, and Qualcomm rose on its results. Warning: Clpwn cavorting on unguarded sites:: Mac OS X market share growth stumbles. Lenovo goes ultraportable with $399 laptop IE6 more vulnerable to unpatched Microsoft flaw, Symantec says http://computerworld.com/action/article.do?command=viewArticleBasic&articleId=9030918HOME |
During the day, EDS edged higher after beating estimates, while Sun lost 3% after missing sales estimates.
Mercury Interactive plunged 27% after an options investigation forced out its CEO and CFO.
Borland gained 6% on its results, while Asyst, Black Box and Kopin posted double-digit gains on their numbers.
iPayment climbed 11% on a takeover offer.
Interlink plunged 39% on a loss and earnings restatement.
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