Symantec beats profit estimates, accelerates buyback

Symantec Corp, best known for its Norton antivirus software, reported a quarterly profit above market estimates on Thursday, helped by cost controls as it focuses on life after the pending sale of its data management business. The sale of Veritas to a consortium led by Carlyle Group is on track to close by the end the year, Symantec said. "The security business seems to be showing signs of stabilization with some potential for growth, while now they are finally unloading the Veritas black cloud