As we begin to turn the page on another earnings season, a few trends were particularly notable during the third quarter of 2019. First, exposure to the public sector proved beneficial, especially for those doing business with the Federal government.
Read MoreIt was a busy week in software with several tuck-in acquisitions announced, a deluge of earnings to digest, and some notable executive changes. On the M&A front, Avalara (AVLR) acquired Portway International, a provider of Harmonized System classifications and customs brokerage services.
Read MoreDeal or no deal? Following earlier reports that Broadcom (AVGO) was close to acquiring Symantec (SYMC), headlines this week suggested the companies were at an impasse with Bloomberg reporting that Broadcom sought to reduce its bid for Symantec by over $1.50 per share from an agreed-upon price of $28.25 per share. Per CNBC, Symantec is unwilling to accept less than $28.00 per share.
Read MoreMay the 4th be with you on this Star Wars Day. We were treated to another heavy dose of earnings this week, but we begin as always with a few strategic moves.
Read MoreM&A activity slowed somewhat, but this week still saw two notable transactions. Palo Alto Networks (PANW) announced plans to acquire Demisto, a leader in security orchestration, automation and response solutions, for $560MM in a cash and stock deal.
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