This Day On The Street
Continue to site right-arrow
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
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

[video] FireEye Buys Madiant For $1B, Auto Makers Report December Sales Figures

Stocks in this article: FEYE GRPN

The video this transcript is based on appeared on January 3.

NEW YORK ( TheStreet) -- U.S. markets opened Friday's session in the green following on the heels of gains in Europe earlier in the morning, while cybersecurity company FireEye (FEYE) says it has agreed to acquire Madiant for $1B in cash and stock.


A good Friday morning to you.  The northeast is dealing with a massive storm today that has cancelled flights, closed roadways and shut down schools and government offices in the northeast and Midwest. Despite the bad weather, traders are seeing some optimism here on Wall Street: all of the major markets are higher today after Thursday's down day. Here's a quick look at what we're following for you today.

Shares of computer security firm Fireye are up more than twenty percent after announcing that it had acquired cyber-forensics firm Mandiant in a deal worth about $1 billion. The deal could have broad-reaching implications for companies and governments fending off sophisticated hackers and state-sponsored digital attacks.

Keep an eye on shares of auto makers today as they report their December sales figures. Already out this morning is Chrysler. It says its sales grew 6-percent in December. Truck sales offset a decline in car sales. Overall,, which follows the auto sector, says they're expecting car makers to report a 5.2 percent increase in sales from December 2012.

And finally, LivingSocial plans to sell the roughly 14 million shares of Groupon (GRPN) it received when it sold its Korean e-commerce company Ticket Monster to Groupon. When the deal was announced back in November LivingSocial hinted that it would sell the shares, which amount to about 2 percent of Groupon's stock, to stabilize its own business.

For TheStreet, I'm Ruben Ramirez on Wall Street.  Have a great weekend.

Written by Ruben Ramirez in New York.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

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
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
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!


DOW 17,804.80 +26.65 0.15%
S&P 500 2,070.65 +9.42 0.46%
NASDAQ 4,765.38 +16.9840 0.36%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs