Shares of Palo Alto Networks Inc. (NYSE: PANW) plunged about 9.50% by midday trade. The network security solutions provider said on Thursday that it swung into fiscal third quarter loss. Higher operating expenses and income tax provision dented the bottom line even as revenue fell short of analysts’ expectation. [...]
Shares of Bank of America Corp. (NYSE: BAC) gained on Friday after the bank said that the Federal Reserve agreed on its proposed capital actions. The bank said that it would now repurchase about $5 billion worth of its common stock and buyback around $5.5 billion worth preferred stock. [...]
Shares of HEICO Corp. (NYSE: HEI), manufacturer of Federal Aviation Administration (FAA)-approved jet engine and aircraft component replacement parts, surged in trading today after the company reported its third-quarter financial results. [...] |
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