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☆ Healthcare tech is great for longterm buyout fundamental investing, says Thoma's Orlando Bravo
▼ + stars: | 2023-09-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHealthcare tech is great for longterm buyout fundamental investing, says Thoma's Orlando BravoOrlando Bravo, Thoma Bravo founder and managing partner, joins 'Squawk on the Street' to discuss the state of the private equity market, the deal to buy NextGen Healthcare, and what attributes will reign in the next wave of IPOs.

Persons: Thoma's Orlando Bravo Orlando, Thoma Organizations: Healthcare, Thoma's Orlando Bravo Orlando Bravo, Thoma Bravo, NextGen Healthcare

☆ Stocks making the biggest moves midday: Roku, Tesla, AMC, AeroVironment and more
▼ + stars: | 2023-09-06 | by ( Michelle Fox | ) www.cnbc.com time to read: +4 min

Roku also boosted its third-quarter revenue guidance to between $835 million and $875 million, versus prior guidance of $815 million. AMC Entertainment — Shares tumbled 36.8% after AMC said it plans to sell up to 40 million new shares to raise cash. The issuance of additional shares was expected after it converted preferred APE shares into AMC common stock in August. Revenue also beat expectations, coming in at $152 million, versus the $129 million expected. Harley-Davidson — The motorcycle maker gained 3.16% after it authorized the repurchase of up to an additional 10 million shares.

Persons: Roku, Tesla, Elon Musk, Apple, AeroVironment, Thoma Bravo, Davidson, Zscaler, LSEG, Wall, Dexcom, —, Macheel, Alex Harring, Michael Bloom Organizations: Street, SpaceX, Twitter, AMC, Journal, Bank of America, LSEG, Revenue, Healthcare, Dominion Energy, Dominion, Southwest Airlines —, Southwest Airlines Locations: Virginia, China, Enbridge, Southwest

☆ Stocks making the biggest moves premarket: Airbnb, Oracle, American Express and more
▼ + stars: | 2023-09-05 | by ( Brian Evans | ) www.cnbc.com time to read: +2 min

Zynex, Coherus BioSciences , Universal Insurance Holdings — Coherus, Zynex and Universal Insurance stock fell on news from S&P 500 Dow Jones indices that the stocks would be moving within small-cap indexes. Coherus is leaving the MidCap 400 for the MidCap 600, while Universal Insurance is leaving the MidCap 600 altogether. American Express — Stock in the credit card giant ticked up 0.5% following an upgrade to outperform from sector perform from RBC earlier Tuesday. The S&P 500 is widely tracked by large index funds, which could create buying pressure on Airbnb's stock in the weeks ahead. Oracle — The software stock added 1.5% in premarket trading following an upgrade to overweight from equal weight by Barclays.

Persons: Dow Jones, Zynex, Airbnb, acquirer Thomas Bravo, —, Alex Harring, Jesse Pound Organizations: New York, Coherus BioSciences, Universal Insurance Holdings, Universal Insurance, RBC, Healthcare, Bloomberg, Oracle, Barclays, Brady, Brady Corporation, FactSet, Warner Bros Locations: Airbnb

☆ Stocks making the biggest moves midday: Halliburton, Warner Bros. Discovery, Oracle and more
▼ + stars: | 2023-09-05 | by ( Pia Singh | ) www.cnbc.com time to read: +2 min

Oracle — The software stock climbed 2.5% on the back of an upgrade to overweight from equal weight by Barclays. Airbnb — Shares rose 7.2% on the back of S&P Dow Jones Indices' Friday announcement that the stock would join the S&P 500 starting Sept. 18. The S&P 500 is widely tracked by large index funds, which could create buying pressure on Airbnb's stock in the weeks ahead. Warner Bros. said its adjusted full-year expectation assumes the financial effect of the writers and actors strikes will persist through the end of the year. Brady — The manufacturing stock gained 11.4% after the company reported quarterly results.

Persons: Halliburton, Dow Jones, Blackstone, acquirer Thoma, Brady —, Brady, Lennar, — CNBC's Brian Evans, Alex Harring, Hakyung Kim Organizations: Occidental Petroleum, Halliburton, EOG, Resources, OPEC, Oracle, Barclays, Blackstone —, Warner Bros, NextGen, Bloomberg, acquirer Thoma Bravo, FactSet Locations: Occidental, Saudi Arabia

☆ Exclusive: Healthcare software vendor NextGen explores sale, sources say
▼ + stars: | 2023-08-23 | by ( David Carnevali | ) www.reuters.com time to read: +2 min

NEW YORK, Aug 23 (Reuters) - NextGen Healthcare (NXGN.O), a provider of software that helps manage patients' records, is exploring options that include a sale of the company, according to people familiar with the matter. There is no certainty that NextGen will reach a deal to sell itself, the sources added, asking not to be identified because the matter is confidential. NextGen shares rose 10% to $18.01 on the news in afternoon trading in New York on Wednesday, giving the company a market value of about $1.2 billion. Last month, private equity firm TPG agreed to acquire healthcare information technology platform Nextech from Thomas H. Lee Partners for $1.4 billion. NextGen's technology platform helps healthcare providers with operations ranging from digitalization of patients' health records to the administration of finances.

Persons: Morgan Stanley, Thomas H, Lee, David Carnevali, Bill Berkrot, Jonathan Oatis Organizations: U.S ., Healthcare, TPG, Lee Partners, Reuters, Nasdaq, U.S, Thomson Locations: U.S, New York

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