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CHINA’S ECONOMIC planners want more home-made semiconductors, but they are not satisfied with more chips simply being produced at home. They want to bring the entire supply chain—from raw materials and chip grinders to labour and capital—onshore. Tens of thousands of companies have established microchip businesses over the past year. Now the state is rushing to ensure such cash-hungry firms can raise capital at home, too.
On September 2nd Xi Jinping, China’s president, announced that a new
We’d be surprised if Barrett Business Services, Inc. (NASDAQ:BBSI) shareholders haven’t noticed that the Independent Chairman of the Board, Anthony Meeker, recently sold US$152k worth of stock at US$76.17 per share. That sale was 11% of their holding, so it does make us raise an eyebrow.
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The Last 12 Months Of Insider Transactions At Barrett Business Services
In the last twelve months, the biggest single sale by an insider was when the Independent Director, Jon Justesen, sold US$276k worth of shares at a price of US$70.50 per share. That means that even
shares are trading lower late Thursday after the enterprise software provider posted mixed results for its fiscal second quarter.
For the quarter ended July 30, VMware (ticker: VMW) reported revenue of $3.14 billion, in line with Street estimates. But investors may not have liked the component parts.
License revenue, from the company’s traditional on premise software business,- was $738 million, up 3%, and ahead of the Street consensus forecast of $699 million. But subscription and software-as-a-service revenue—basically the company’s cloud business—was $776 million, up 23%, but