Skip to content

synd

A Battered Stock, a Bargain Buyout, and the Identity-Software Sector Gets a New Look

Elijah Stein Textsize Enterprise-software stocks have been beleaguered of late. But depressed valuations lure bargain-conscious private-equity buyers. on wednesday, Ping Identity , which sells identity-security software, announced a deal to be acquired by Thoma Bravo for $28.50 a share, or $2.8 billion. Ping went public… Read More »A Battered Stock, a Bargain Buyout, and the Identity-Software Sector Gets a New Look

Booking Beats Earnings Estimates but Stock Falls on Softer Outlook

Textsize Kayak is a subsidiary of Booking Holdings. Tiffany Hagler-Geard/Bloomberg Booking Holdings posted better-than-expected financial results, but the online travel agency’s shares fell after the company provided a cautious outlook for the September quarter. The second-quarter results provided vivid illustration of the sharp recovery in… Read More »Booking Beats Earnings Estimates but Stock Falls on Softer Outlook

Contrarian Investors See a Recovery for Chinese Stocks Despite the Gloom

Textsize China’s President Xi Jinping presided over the Communist Party’s economic meeting in which policymakers cautioned that massive stimulus wasn’t coming. Justin ChinBloomberg China’s President Xi Jinping issued warnings about US ties with Taiwan. China’s policymakers offered no new plans to stabilize China’s slumping property… Read More »Contrarian Investors See a Recovery for Chinese Stocks Despite the Gloom