Check Point Reports 2Q Largely in Line, With Some Softness at High End; Maintain $95 FVE
Check Point Software Technologies posted second-quarter results that were slightly better than our projections and management's outlook. However, the big news for the quarter was the softer sales of high-end products, particularly in the financial vertical. On the flip side, the company posted a solid performance in the small- and midsize-business market. The immediate effect of the recent WannaCry and NotPetya cyberattacks was reflected in increased customer interest and a larger number of proo...Check Point Software Technologies develops, markets and supports a range of products and services for IT security. Co. offers its customers a portfolio of network security, endpoint security, data security and management solutions. Co.'s solutions operate under a unified security architecture that enables end-to-end security with a single line of unified security gateways, and allow a single agent for all endpoint security that can be managed from a single unified management console. This unified management allows for ease of deployment and centralized control and is supported by, and reinforced with, real-time security updates.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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