Last €18.99 EUR
Change Today -0.02 / -0.11%
Volume 0.0
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As of 1:21 PM 09/19/14 All times are local (Market data is delayed by at least 15 minutes).

symantec corp (SYM) Snapshot

Open
€19.08
Previous Close
€19.01
Day High
€19.21
Day Low
€18.99
52 Week High
09/19/14 - €19.21
52 Week Low
03/24/14 - €13.12
Market Cap
13.1B
Average Volume 10 Days
452.9
EPS TTM
--
Shares Outstanding
690.3M
EX-Date
08/25/14
P/E TM
--
Dividend
€0.58
Dividend Yield
2.34%
Current Stock Chart for SYMANTEC CORP (SYM)

symantec corp (SYM) Details

Symantec Corporation, together with its subsidiaries, provides security, backup, and availability solutions worldwide. Its products and services protect people and information in any environment from mobile devices and enterprise data centers to cloud-based systems. The company operates in three segments: User Productivity & Protection; Information Security; and Information Management. The User Productivity & Protection segment provides Norton solutions, endpoint security and management, encryption, and mobile offerings. The Information Security segment offers secure socket layer certificates, authentication, mail and Web security, data center security, data loss prevention, and information security services offerings that help its customers ensure their confidential information is secure wherever it resides in the network path, from the user’s device to the data’s resting place. The Information Management segment focuses on backup and recovery, archiving and eDiscovery, storage, and high availability solutions helping to ensure that its customers’ IT infrastructure and mission-critical applications are protected, managed, and available. The company markets and sells its products and related services through its direct sales force and e-commerce platform, as well as through distributors, direct marketers, Internet-based resellers, system builders, Internet service providers, wireless carriers, retailers, original equipment manufacturers, national solution providers, regional solution providers, national account resellers, global/federal system integrators, managed service providers, and retail and online stores. Symantec Corporation was founded in 1982 and is headquartered in Mountain View, California.

20,800 Employees
Last Reported Date: 05/16/14
Founded in 1982

symantec corp (SYM) Top Compensated Officers

Interim Chief Executive Officer, Interim Pres...
Total Annual Compensation: $36.4K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $1.8M
Chief Operating Officer and Executive Vice Pr...
Total Annual Compensation: $875.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $420.0K
Vice President of Global Tax
Total Annual Compensation: $371.6K
Compensation as of Fiscal Year 2014.

symantec corp (SYM) Key Developments

Finjan Provides Update on Federal Circuit Ruling Legacy Symantec Corp., Websense, Inc., Sophos Inc. Case

Finjan Holdings, Inc. provided an update on the case Finjan, Inc. versus Symantec Corp., Websense, Inc., Sophos Inc. This patent infringement suit dates back to a legacy litigation filed on July 12, 2010, in the U.S. District Court for the District of Delaware against Symantec Corp., Websense, Inc., Sophos Inc., et al. During this time, two of the five defendants settled; for the three remaining defendants, Websense, Inc., Sophos Inc., and Symantec Corp., the verdict resulted in a finding of invalidity of certain asserted claims of Finjan's patents, U.S. Patent Nos. 6,092,194 and 6,480,962, and non-infringement of same, against the three parties. Finjan's Appeal Brief was filed on December 10, 2013, and the Oral Argument was heard on September 9, 2014. The Court of Appeals for the Federal Circuit (CAFC) issued a decision, affirming the District Court's prior ruling with no opinion, citing Federal Circuit Rule 36. Rule 36 findings by the Court do not provide any additional insight or context into the Court's decision in the case. This CAFC ruling was the most recent outcome in the process to reverse the lower Court's finding of invalidity on claims in the two patents. The two patents in question are not at issue in any of six currently pending cases in the Northern District of California, including three separate actions involving the three remaining parties in the appeal, noted previously.

Gulf Air Selects Symantec to Deploy its Netbackup and Enterprise Vault Products to Increase Productivity in its Technological Services

Gulf Air announced selecting Symantec to deploy its NetBackup and Enterprise Vault products to increase productivity in its technological services. Gulf Air is looked upon to be revolutionary in terms of transition to modern technological services and was the first organization in Bahrain to introduce private cloud computing in its IT operations, with its virtualized data center environments being the host of over 100 applications with more than 100 terabytes of business data, across 250 servers. Symantec's NetBackup and Enterprise Vault solutions will complement the airline's data center and increase the stability and availability of numerous critical passenger services including web bookings, frequent flyer services, and other core airline solutions for managing its operations and finances.

Symantec Folds Nine Norton Products into One Service

Symantec will consolidate its cluttered Norton line of security software, folding nine products into one online service that can be used across desktop computers and mobile devices. The product, in beta now, will simply be called "Norton Security" and cost $79 a year when it goes on sale in North America on September 23, 2014. It replaces Norton Internet Security, Norton AntiVirus and Norton360, among others.

 

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Industry Analysis

SYM

Industry Average

Valuation SYM Industry Range
Price/Earnings 17.7x
Price/Sales 2.5x
Price/Book 2.9x
Price/Cash Flow 14.9x
TEV/Sales 1.6x
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