Advertisement
Canada markets closed

  • S&P/TSX

    21,807.37
    +98.93 (+0.46%)
     

  • S&P 500

    4,967.23
    -43.89 (-0.88%)
     

  • DOW

    37,986.40
    +211.02 (+0.56%)
     

  • CAD/USD

    0.7275
    +0.0012 (+0.16%)
     

  • CRUDE OIL

    83.24
    +0.51 (+0.62%)
     

  • Bitcoin CAD

    87,724.46
    -1,077.77 (-1.21%)
     

  • CMC Crypto 200

    1,371.97
    +59.34 (+4.52%)
     

  • GOLD FUTURES

    2,406.70
    +8.70 (+0.36%)
     

  • RUSSELL 2000

    1,947.66
    +4.70 (+0.24%)
     

  • 10-Yr Bond

    4.6150
    -0.0320 (-0.69%)
     

  • NASDAQ

    15,282.01
    -319.49 (-2.05%)
     

  • VOLATILITY

    18.71
    +0.71 (+3.94%)
     

  • FTSE

    7,895.85
    +18.80 (+0.24%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • CAD/EUR

    0.6824
    +0.0003 (+0.04%)
     

Today's Research Reports on Stocks to Watch: Hewlett Packard Enterprise and VirnetX

ACCESSWIRE

NEW YORK, NY / ACCESSWIRE / October 3, 2017 / Shares of Hewlett Packard climbed higher yesterday despite a report revealing that the company allowed a Russian defense agency to comb its ArcSight software that is used by the Pentagon. Shares of VirnetX also closed up higher and soared as much as over 60% after it was revealed that its lengthy patent infringement suit with Apple may be now over.

RDI Initiates Coverage on:

Hewlett Packard Enterprise Company
https://rdinvesting.com/news/?ticker=HPE

VirnetX Holding Corp.
https://rdinvesting.com/news/?ticker=VHC

Hewlett Packard Enterprise Company's shares closed up 1.77% on Monday with nearly 13.7 million shares traded. Reuters' reports revealed yesterday that Hewlett Packard Enterprise had allowed a Russian defense agency named Echelon, to scrutinize its ArcSight software that is used by the Pentagon. The agency combed HPE's software's source code and inner workings so HPE could win approval from regulators so that it could market ArcSight to public sector firms in the country last year. According to former ArcSight security architect Greg Martin, "It's a huge security vulnerability. You are definitely giving inner access and potential exploits to an adversary." HPE's ArcSight is used by the military to protect its computer networks.

ADVERTISEMENT

Access RDI's Hewlett Packard Enterprise Company Research Report at:
https://rdinvesting.com/news/?ticker=HPE

VirnetX Holding Corp's shares closed up a little over 42% on Monday with around 3.6 million shares traded. The stock also hit a new high of $6.36 during intra-day trading after it was revealed that the company's long-running patent infringement suit against Apple might be over. TradeHawk tweeted a link to a final judgment order from the VirnetX-versus-Apple case at the district court level in the East Texas judicial district that showed that the case had been closed and that all remaining motions were denied as moot. The final verdict was ordered sealed until Apple and the company agrees on how to redact the judgment for public disclosure. The document should be available by October 13th. Shares of the communications security expert jumped as high as over 60% yesterday after traders digested the news.

Access RDI's VirnetX Holding Corp. Research Report at:
https://rdinvesting.com/news/?ticker=VHC

Our Actionable Research on Hewlett Packard Enterprise Company (NYSE: HPE) and VirnetX Holding Corp (NYSE: VHC) be downloaded free of charge at Research Driven Investing.

Research Driven Investing

We are committed to providing relevant and actionable information for the self-directed investor. Our research is reputed for being a leader in trusted, in-depth analysis vital for informed strategic trading decisions. The nimble investor can leverage our analysis and collective expertise to execute a disciplined approach to stock selection.

RDInvesting has not been compensated; directly or indirectly; for producing or publishing this document.

Disclaimer: This article is written by an independent contributor of RDInvesting.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. RDInvesting.com is neither a registered broker-dealer nor a registered investment advisor. For more information please read our full disclaimer at www.rdinvesting.com/disclaimer.

CONTACT

For any questions, inquiries, or comments reach out to us directly at:

Address:

Research Driven Investing, Unit #901 511 Avenue of the Americas, New York, NY, 10011

Email:

contact@rdinvesting.com

CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.

SOURCE: RDInvesting.com