Symantec fires CEO, successor promises turnaround


Shares of Symantec jumped nearly 14 percent on Wednesday's news as some investors speculated that Bennett might consider divesting assets or splitting up the company. Symantec also issued a quarterly outlook on Wednesday that was below analysts' projections as it reported earnings for the fiscal first quarter.

"I took this job because I believe that our assets are better than our performance," Bennett told analysts on a conference call.

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