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Summit Research Expects VMware To Report 'Inline 4Q But With Less Visibility'
Monday, January 26, 2015 - 9:21am | 137Read More...Richard Williams of Summit Research commented in a note over the weekend that VMware, Inc. (NYSE: VMW) will report an inline fourth quarter with an earnings per share of $1.07 (against $1.06 for consensus) on revenue of $1.6941 billion. “We saw mixed signals from our channel checks this quarter,...
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Summit Research Partners Analyst Says IBM Would Be More Obvious Fit For FireEye Than Oracle
Monday, December 8, 2014 - 2:14pm | 184Read More...When asked if he had heard the Dealreporter rumor that both International Business Machines Corp. (NYSE: IBM) and Oracle Corporation (NYSE: ORCL) are interested in FireEye Inc (NASDAQ: FEYE), Summit Research Partners Analyst Richard Williams told Benzinga that IBM would make more sense. “...
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Summit Research Partners' Richard Williams On Rumor Of IBM, Oracle Interest In FireEye: 'The Question Is Whether FireEye Is Willing To Sell'
Monday, December 8, 2014 - 2:12pm | 186Read More...Richard Williams, an analyst with Summit Research Partners, told Benzinga that it wouldn’t surprise him if both International Business Machines Corp. (NYSE: IBM) and Oracle Corporation (NYSE: ORCL) are interested in FireEye Inc (NASDAQ: FEYE). “The bottom line is, FireEye has got...
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Summit Reviews FireEye's Q3 Earnings, Shares Plummet
Wednesday, November 5, 2014 - 10:33am | 195Read More...Shares of FireEye Inc (NASDAQ: FEYE) dropped a dismal 14 percent at Wednesday's opening bell following a top-line miss on its third quarter earnings report. Following the report, Summit analyst Richard Williams released a note providing some insight into the company's performance....
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Summit Research Sees Slightly Better Results But Soft Guidance For VMware
Wednesday, October 22, 2014 - 8:18am | 217Read More...In a report published Wednesday, Summit Research analyst Richard Williams reiterated a Hold rating and $88.00 price target on VMware, Inc. (NYSE: VMW). In the report, Summit Research noted, “VMware reported a slightly better quarter, with topline $18m ahead of our estimate and $13m above the Street...
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Summit Research Sees New Products Drive Accelerated Growth For FireEye
Friday, October 10, 2014 - 8:04am | 162Read More...In a report published Friday, Summit Research analyst Richard Williams reiterated a Buy rating and $45.00 price target on FireEye Inc (NASDAQ: FEYE). In the report, Summit Research noted, “We spoke with FireEye (FEYE) to discuss its blitz of new products that have hit the market or will shortly....
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Summit Research: Symantec Corporation Break-Up A Positive
Wednesday, October 8, 2014 - 11:20am | 223Read More...A Symantec Corporation (NASDAQ: SYMC) break-up may be positive, according to a note issued by Summit Research Partners on Wednesday. The note mentioned a Bloomberg news report suggesting Symantec is “in advanced talks to split up its business into two entities, with one that sells...
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Summit Research Sees Solid, If Somewhat Slow, Quarter For Workday
Thursday, August 28, 2014 - 9:53am | 198Read More...In a report published Thursday, Summit Research analyst Richard Williams reiterated a Hold rating and $92.00 price target on Workday (NYSE: WDAY). In the report, Summit Research noted, “Workday (WDAY, HOLD) results were better on the top line at $186m versus our $168m estimate and consensus at $...
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Summit Research: It's Time To Defend FireEye
Friday, August 8, 2014 - 9:37am | 288Read More...On Friday, Summit Research Partners wrote a note to clients defending FireEye (NASDAQ: FEYE) following its second quarter results on August 5 and subsequent 11 percent decline the following trading day. Analyst Richard Williams defends several misconceptions that are contributing to the stock...
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Summit Analyst Boosts FireEye Q2 EPS Outlook, Cites Technology And Structure
Monday, July 7, 2014 - 9:44am | 228Read More...An analyst at Summit Research boosted his forecast for FireEye (NASDAQ: FEYE) slightly, citing what he called its advantages in both structure and technology. Analyst Richard Williams said advantages held by the computer security company can help it sustain high growth rates in the face of...
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Analysts Eager To Comment On Oracle's Acquisition Of Micros
Monday, June 23, 2014 - 1:39pm | 467Read More...Analysts are eager to comment on Oracle's (NYSE: ORCL) recently announced acquisition of MICROS Systems (NASDAQ: MCRS). Details of the Acquisition In a press release on Monday, Oracle announced that "it has entered into a definitive agreement to acquire MICROS Systems, a provider...
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Oracle Extends Losses; Analysts See More Tough Sledding
Friday, June 20, 2014 - 2:09pm | 270Read More...Analysts mostly see continued tough sledding for Oracle (NYSE: ORCL) as its shares extended losses Friday on a fourth-quarter earnings miss. Oracle posted adjusted earnings of $0.92 per share, up six percent from a year earlier, on revenue growth of three percent, to $11.3 billion late Friday....
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Analysts Battle Over Competing Bids For MICROS
Wednesday, June 18, 2014 - 4:39pm | 344Read More...Analysts battle over the possibility of competing bids for MICROS Systems (NASDAQ: MCRS). Oracle Deal “Makes Sense” On Wednesday, Summit Research analyst Richard Williams commented on the possible acquisition of Micros by Oracle (NYSE: ORCL) for roughly $5 billion. Williams remarked that the deal...
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Summit Analyst Comments On Potential Deal Between Oracle, Micros Systems
Wednesday, June 18, 2014 - 10:34am | 162Read More...In a note dated June 18, Summit analyst Richard Williams commented on a possible takeover deal between Oracle (NYSE: ORCL) and Micros Systems (NASDAQ: MCRS) for approximately $5 billion. Williams said the deal makes sense based on the sentiment at this year's National Retail Federation...
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UPDATE: Summit Research Initiates Coverage On FireEye
Monday, June 16, 2014 - 9:07am | 198Read More...Summit Research Monday morning initiated coverage of FireEye (NASDAQ: FEYE) with a Buy rating alongside a $45 price target. Summit Research analyst Richard Williams assigned the rating based on its best-in-class advanced persistent threat (APT) detection, block and remediation technologies....
