SYMC gains new suitors

SYMANTEC CORP. $24.02 (Nasdaq symbol SYMC; TSINetwork Rating: Average) (650-527-8000; www.symantec.com; Shares o/s: 617.5 million; Market cap: $14.9 billion; Divd. yield: 1.3%) recently agreed to sell part of its business to Broadcom Inc. (symbol AVGO on Nasdaq). That firm plans to buy Symantec’s Enterprise Security… Read More

SYMC split unlocks value

SYMANTEC CORP. $23.71 (Nasdaq symbol SYMC; TSINetwork Rating: Average) (650-527-8000; www.symantec.com; Shares o/s: 617.5 million; Market cap: $14.7 billion; Divd. yield: 1.3%) jumped as high as $26.07 in early July 2019 on reports that it was in advanced talks with a potential buyer for the… Read More

SYMC draws a bid

SYMANTEC CORP. $22.68 (Nasdaq symbol SYMC; TSINetwork Rating: Average) (650-527-8000; www.symantec.com; Shares o/s: 618.2 million; Market cap: $14.6 billion; Divd. yield: 1.3%) jumped to over $26 on recent reports that it was in advanced talks with a potential buyer, Broadcom Inc. (symbol AVGO on Nasdaq).
It now appears that… Read More

Updating Symantec Corp., Mattel Inc. and Corteva Inc.

SYMANTEC CORP. $20 (Nasdaq symbol SYMC; Manufacturing & Industry sector; Shares outstanding: 618.2 million; Market cap: $13.6 billion; Dividend yield: 1.6%; Takeover Target Rating: Medium; www.symantec.com) sells computer-security technology, including antivirus and email-filtering software, to businesses and consumers.
The stock is down 19.3% from its recent peak of $24.77… Read More