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Market Wrap For January 16: Markets End Two Day Winning Streak
Thursday, January 16, 2014 - 5:46pm | 2518The market took a bit of a breather Thursday following two strong days of gains. Earnings from two major banks failed to keep the momentum alive and investors focused on Best Buy's (NYSE: BBY) disappointing holiday guidance which contradicts the strong retail sales report earlier this week....
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Market Wrap For January 3: Bernanke Speaks As Fed Chairman For Last Time; Markets Little Moved
Friday, January 3, 2014 - 5:29pm | 1497Fed Chairman Ben Bernanke took to the podium today in what many consider to be his farewell speech. During his tenure, Bernanke developed the nickname "Helicopter Ben," which is likely to stick with him for some time. Bernanke noted, "The FOMC's decision to modestly reduce the pace of asset...
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FireEye Surges on Acquisition Deal
Friday, January 3, 2014 - 12:13pm | 364Investors of FireEye (NASDAQ: FEYE) are off to a great start in 2014. On Friday, cyber security firm FireEye announced it has acquired Mandiant, a computer forensics specialist firm in a $1.05 billion deal. Mandiant is most famous for releasing a report in February 2013 documenting evidence of...
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Mandiant CEO Kevin Mandia On Security After Uncovering China's Hacking U.S. Businesses
Wednesday, July 10, 2013 - 12:19pm | 517Kevin Mandia made the cover of Fortune Magazine for uncovering major hacks on major U.S. corporations by the Chinese government. China's hacking program is extremely extensive, grounded in attacking America's economy by acquiring trade information. "The thing is, we never know if we know 99...