Splunk (SPLK) continued to fire on all cylinders when the enterprise software company reported its first-quarter earnings numbers after the market close Thursday. Nevertheless, Splunk fell more than 3% in after-hours trading Thursday and declined by 7% in morning trading in the stock market today. Splunk, the leading provider of machine-to-machine data analytics that helps companies find bottlenecks in their software applications and data
CyberArk Software (CYBR) said Friday it filed for a follow-on stock offering. The cybersecurity company filed a registration statement with the Securities and Exchange Commission for the secondary offering. The majority of the shares will be sold by current shareholders with $50 million in shares to be sold by CyberArk. The total number of shares to be sold hasn’t been decided yet. CyberArk i s an Israeli company that focuses on protecting
Intel’s (INTC) acquisition of Altera, a programmable chip specialist, could be announced next week, according to reports, amid a M&A spree in the semiconductor industry. Apple (AAPL) iPhone chip supplier Avago Technologies (AVGO) and Broadcom (BRCM) confirmed on Thursday a $37 billion merger that would create the world’s No. 3 chipmaker. Intel’s standstill agreement with Altera (ALTR) expires on June 1, giving Intel the option of launching a