Gaskins Says Kayak IPO Delay a `Wise Move'
July 9 (Bloomberg) -- Francis Gaskins, president of IPODesktop.com, talks about pending initial public offerings from Kayak Software Corp. and Palo Alto Networks INc. Kayak, which first filed to go public in November 2010, delayed its IPO roadshow in late May after Facebook shares plunged 27 percent in their first two weeks of trading, a person familiar with the situation said at the time. Gaskins speaks with Deirdre Bolton on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)
Most Recent Videos
Negative Rates Have Had Limited Impact, Says Parker
27:11 - Welcome to Japan, where a central bank plan to pump $26 billion a year more into stocks and continue buying 30 times that in debt sees equities sag and bonds plunge. The Topix index slid as much as 1.4 percent in Tokyo after the Bank of Japan boosted its annual exchange-traded fund budget to 6 trillion yen ($58 billion), from 3.3 trillion yen. Japanese government bonds headed for their steepest slump since 2013, as policy makers retained a plan to expand the monetary base by an annual 80 trillion yen. Speculation among investors and analysts that Friday’s policy announcement might even see the adoption of so-called helicopter money, as well as a cut to the negative deposit rate, resulted in a lukewarm reception for the expanded stimulus program. Credit Suisse Senior Advisor Bob Parker discusses with Bloomberg's Anna Edwards on "Countdown."