Author Archives: Scalper1

Are Cisco, Symantec, HP Angling For Fortinet, Qualys?

Cybersecurity firms Qualys (QLYS), Fortinet (FTNT) and Proofpoint (PFPT) could be on the auction block in 2016, likely pitting Cisco Systems (CSCO), Microsoft (MSFT), Hewlett Packard Enterprise (HPE) and Oracle (ORCL) in a “long overdue” M&A battle, FBR analyst Daniel Ives said Wednesday. In a separate research report, a Barclays analyst downgraded Check Point Software Technology (CHKP) stock and lowered his price target on Fortinet stock, despite

Intel sees its future in sensors, drones, wearables

LAS VEGAS — Intel (INTC) CEO Brian Krzanich kicked off the official start of the massive CES trade show with a keynote presentation that barely mentioned the company’s bread-and-butter business, making chips for PCs. Instead, Krzanich devoted his Tuesday night address to Intel’s chips for products such as drones, wearable sports and fitness devices, and robots. Intel announced a flurry of partnership agreements to spread its technologies into such

Apple record App Store sales fail to halt stock slide

Apple (AAPL) said its App Store raked in $20 billion in 2015, shy of at least one forecast, as worries over disappointing iPhone sales, rising inventory in China and production cuts again pressured the stock. Market research firm Strategy Analytics in October estimated that Apple’s App Store billings would hit $20.6 billion in 2015. Apple, which shares revenue with app developers, keeps 30% of App Store sales from digital purchases. In April,