10.23%SPY 127.80 0.17%FRE 3.16 
2.77%
Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
NEW YORK - McAfee shares fell Friday after the computer security company reported a decline in first-quarter profit.
| MFE | 38.57 |  0.43 |
Late Thursday, Santa Clara, Calif.-based McAfee Inc. reported adjusted profit of 43 cents per share, narrowly missing analyst estimates.
The stock fell $1.41, or 4 percent, to close at $34.22 on heavy volume.
However, McAfee also projected second-quarter revenue above Wall Street estimates, and UBS analyst Heather Bellini remained largely upbeat.
In a research report, she noted that McAfee's corporate segment was the key earnings driver in the previous quarter, but in the first quarter, both the corporate and consumer segments performed well.
The British government withdrew most of its home sales statistics for the last three years on Thursday because of doubts about the accuracy of th...
Christina Applegate has had both of her breasts removed after being diagnosed wi...
Shares of some top computers companies were down at the close of trading: Apple Inc fell $1.86 or 1.1 percent, to $173.53.
Professional Website Design For Corporate - Get a Free Quote Today
Partners  
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
