This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Monday's Tech Winners & Losers

Shares of Altiris (ATRS - Get Report) were among technology's winners Monday, jumping 19% after the software maker agreed to be acquired by Symantec (SYMC - Get Report) for about $830 million in cash.

Symantec will pay Altiris shareholders $33 a share, representing a 22% premium over Friday's closing price of $27.14. "By combining the endpoint management solutions from Altiris with the security expertise from Symantec, we believe we can offer customers a more comprehensive solution to protect and manage the millions of connected devices that make up the fabric of today's global IT infrastructure," Symantec said. The deal is expected to close in the second quarter. Shares of Altiris were trading up $5.32 to $32.46, while shares of Symantec fell 28 cents to $17.49.

Radware (RDWR - Get Report) slid 14% after the software maker's fourth-quarter results came in below Wall Street's estimates. The company earned $110,000, or a penny a share, on revenue of $21.1 million. Excluding stock-based compensation, the company earned $944,000, or 5 cents a share. Analysts polled by Thomson Financial expected earnings of 8 cents a share and revenue of $21.9 million. In the year-earlier quarter, Radware earned $2.4 million, or 12 cents a share, on revenue of $21 million. Shares were down $2.06 to $12.58.

Shares of Silicom (SILC - Get Report) soared 35% after the networking company posted big gains in fourth-quarter earnings and revenue. The company earned $1.1 million, or 20 cents a share, up from $473,000, or 11 cents a share, a year earlier. Revenue rose to $5 million from $3.1 million. Shares were trading up $3.58 to $13.58.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
ATRS $2.72 0.00%
CSCO $28.82 0.00%
INTC $32.08 0.00%
RDWR $24.15 0.00%
SILC $44.20 0.00%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs