Tag Archives: Symantec

Forbes’ Stiennon Suggests Intel Spin Off McAfee To Restore Growth

Forbes continues to pump out the spinoff ideas. The other week, we highlighted a Forbes piece nominating five companies ripe for a spinoff, including big names such as Disney (DIS) and Time Warner (TWX). That wasn’t all though. A recent idea in Forbes by Richard Stiennon was that chip powerhouse Intel (INTC) should spin off McAfee, its internet security… Read More »

In Spin-o Veritas? Symantec CEO Insists Spinoff On Track Amidst Sale Rumors

Countering published reports that Symantec(SYMC) was shopping its Veritas unit for sale despite a previous announcement of a spinoff, CEO Michael Brown said in an interview that he is moving ahead with the spin. It is thought that the tax implications of a sale make it an unattractive option for shareholders. “That’s the plan, to spin it,” Chief… Read More »