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IT Security Sector Remains Fertile Ground For M&A Activity (LCRD, ID, MFE, FTNT, ASIA, KEYW)

Posted by Jason Smith at 11:54AM on December 21st

Mergers and acquisitions activity has picked up across a broad swath of sectors in 2010 with information technology security companies frequently in the mix. The IT Security Stocks Index has seen several of its constituents become takeover targets, helping the…

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Checking Out the Pros’ Favorite Mid-Caps (CIT, RVBD, MFE, PTV, INTC, FISV, BRK.A, CCE, ARG, LH, KMR, MGA, BRK.B)

Posted by Jason Smith at 10:39AM on December 2nd

Institutional investors often maintain a large-cap bias due to liquidity requirements, but a number of mid-cap stocks made it into the top holdings of 13F-filing asset managers to finish the third quarter.

A look at the Pros’ favorite stocks valued between…

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Harvard’s Q3 ETF Adjustments (EWZ, EWY, EWW, RSX, FXI, EZA, EEM, EPI, NAL, MFE, IWB, INTC)

Posted by Owen Vater at 10:29AM on November 15th

Harvard Management Company, the group responsible for oversight of the richest U.S. college endowment, manages a diverse global portfolio that reaches across a variety of asset classes including stocks, bonds, and real estate, as well as alternative investments like private…

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IT Security Space Could Host Further M&A (FTNT, IBM, INTC, MFE, MMM, COGT, HPQ, ID)

Posted by Jason Smith at 9:32AM on November 1st

According to a report by Bloomberg, network-security firm Fortinet (FTNT) may be in advanced discussions to be acquired by tech giant IBM (IBM), and traders sent shares higher by 25% on Monday. Fortinet finished Friday’s session at $30 per share, giving the…

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Merger Mania Rages On In IT Security Space (ID, INTC, MFE, MMM, COGT, HPQ, ARST, LCRD, ASIA, FIRE)

Posted by Owen Vater at 10:28AM on September 20th

French aerospace and security firm Safran agreed to buy L-1 Identity Solutions (ID) for $1.09 billion, or $12 per share in cash, extending a wave of M&A activity in the IT security space. The merger has been approved by the boards…

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M&A Spreads to High-Yield Electric Utilities as Investors Agree on Merger (INTC, MFE, HPQ, PAR, FE, AYE, UIL, EDE, NGG)

Posted by Ryan Patel at 9:00AM on September 15th

With several huge deals including Intel’s (INTC) acquisition of McAfee (MFE) and Hewlett-Packard’s (HPQ) buyout of 3PAR (PAR) taking place over the past few weeks, investors have focused their attention on the tech space. However, deal making is getting done across other sectors as…

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Traders Price ArcSight For Bidding War (HPQ, ARST, DELL, PAR, INTC, MFE, MMM, COGT, ORCL, EMC, IBM, CA)

Posted by Owen Vater at 9:26AM on September 13th

Hewlett-Packard (HPQ) announced this morning that it will acquire security software firm ArcSight (ARST) for $1.5 billion or $43.50 per share in cash, representing a 24% premium to Friday’s closing value. The deal comes less than two weeks after HP outbid Dell (DELL)…

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M&A Heating Up In IT Security Space (INTC, MFE, ARST, COGT, MMM, FIRE, ID, FALC, ORCL, HPQ, EMC, IBM, CA)

Posted by Owen Vater at 10:28AM on August 30th

Earlier this month an Intel (INTC) for McAfee (MFE) deal sent the IT security space flying, and after buyout speculation boosted ArcSight (ARST) last week, Cogent (COGT) emerged as the next target this morning. Diversified conglomerate 3M Company (MMM) agreed to purchase Cogent for $943…

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IT Sectors Among Week’s Top Performers After Earnings, M&A (INTC, MFE, SYMC, WBSN, ACTI, FIRE, HSFT, CIS)

Posted by Jason Smith at 11:45AM on August 20th

After racing higher early this week, stocks forfeited their gains, and the benchmarks are on pace to finish in the red on a five-day basis. However, isolated catalysts sent select stocks soaring over the last five sessions, and sympathy rallies…

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Stocks Dealt One-Two Punch By Jobless Claims, Manufacturing (SPLS, SHLD, PETM, INTC, MFE, HSFT)

Posted by Geoff Seiler at 4:44PM on August 19th

Stocks got hit with a double whammy of poor economic news today, with a rise in jobless claims and poor Philadelphia area manufacturing report sending stocks lower. The economic data otherwise soured a day that was highlight by more big…

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