Investing
By Ben Glickman Runa Capital has made an offer to acquire MariaDB for 56 cents per share in cash. The venture capital firm said on Friday that it made the offer on Sept. 14, along with investment affiliates, to acquire 100% of the issued shares of the company. Runa and…
The next week is post-OPEX week (18th through the 22nd) which is close enough to the most bearish week in any year, September 19-26, up only 34% of the time. The histogram of the expected return for post-OPEX week is below. Only Friday has had a positive return since 1985.…
By Ben Glickman Shares of MariaDB rose after venture-capital firm Runa Capital said it had submitted a cash offer to acquire the company. The stock was up 24% to 53 cents in after-hours trading, after falling 1.4% at Friday’s close. Shares are down 89% this year. Runa Capital said Friday…
Arm stock fell on Friday. It was flirting with a second day of gains but couldn’t hold on. The chip designer went public the day before in the year’s biggest initial public offering. Trading volume on Friday was considerably higher than those of other popular stocks. Shares in Arm (ticker:…
1-800-Flowers.com stock has wilted this year, and two top executives just bought up shares. The gift-delivery firm has seen shares lose about a quarter of their value this year. 1-800-Flowers (ticker: FLWS), whose brands include the eponymous flowers business and Harry & David, made a temporary change at the top…
Hindman is launching its first New York sales in October with three single-owner collections that speak to the Chicago-based auction house’s ambitions to offer a one-stop, high-touch service approach in the city and to bring collectors a diverse array of objects at a range of price levels. The inaugural auctions…
Utility stocks are the OG dividend payers. They’re delightfully dull. They’re dependable. They’re always worth scouting for income—and I’ve got six 5%-plus dividends on deck to share with you today. I’m pleasantly surprised that we still have a chance to buy utilities for reasonable prices right now. Despite a year’s…
It turns out that the tech IPO market isn’t dead. In an event that could mark a turning point for both Silicon Valley start-ups and Wall Street investment banks, Arm Holdings (ticker: ARM) this past week completed a highly anticipated initial public offering. The deal was a smash hit. It’s…
The United Auto Workers’ novel tactic of staging partial strikes at each of the Big Three automakers thrusts labor negotiations into uncharted waters even as the industry retools for electric vehicles.The backdrop is the massive shift as the auto makers stop assembling internal-combustion vehicles, and switch to simpler EVs that…
Wall Street analysts can no longer look at lines outside Apple Stores to get a gauge of iPhone demand, but Evercore ISI’s Amit Daryanani still has a sense that preorders for the newest iPhone have been “solid” in their first few hours since going live. He looked at delivery times…