Software Co. Insiders sell large chunks of stock

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April 19 secondary offerings in Guidewire software has an insider who profit massively recently.

On April 24, insiders cashing in on over three million shares of Guidewire Software (ticker: GWRE) for the price of previously planned $ 28.25 each.

Included in this price are Guidewire Chief Executive Marcus Ryu, who sold 494,247 shares of the company for $ 13.9 million.

This is his first in the transaction of shares in the software maker note insurance due to go public on the 25th of January.

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Proofpoint finds a buyer excited in IPOS, raising stock on the open market

Proofpoint sold little 6.3 million shares Friday at $ 13 each, higher than the original range from $ 10-$ 12, with the company receiving the return of 5.1 million shares and the rest early investors. After racking up $ 82.3 million before costs at IPO, Proofpoint shares hitting the open market at $ 16.85, 18.4 per cent increase; After trading as high as $ 17.11 per share, Proofpoint shares closed the day at $ 14.08, risen 8.3 percent from the IPO price.

Proofpoint CEO Gary Steele said he was “very happy with the results” in what he termed “a major milestone in the evolution of the company.”

“This is a cloud that the transition has truly captivated the interest of large companies, where we can provide value that is truly innovative, and it is a sort of transformative change.” Steele says.

The company, founded in 2002, claims 2,400 subscribers and has struck strategic partnerships with Microsoft, IBM and VMware to help distribute their software, which is used mainly for archiving and securing information such as email. Proofpoint has 377 employees at the end of 2011.

Proofpoint has yet to have a profi year, but earnings have improved in each of two years, from $ 48.5 million in fiscal year 2009 to $ 40.3 million in 2010 to $ 81.8 million in 2011. The company lost $ 19.7 million to $ 20.9 million in each of those years, however, and had accumulated a deficit of $ 162.1 million.

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Apple to increase jobs in Ireland, but stock Investors Business Daily

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Consumer electronics giant Apple (AAPL) plan to boost employment in the European headquarters in Ireland by nearly 18% over the past 18 months.

Apple plans to hire 500 new workers in his Office in the City South of Cork, Ireland. It employs 2,800 there, Reuters reports.

Cupertino, California-based company said the new employees will support the Apple business is growing across Europe. Operation of Cork provides distribution, supply chain management and back-office support, Reuters said.

Meanwhile, Apple’s stock has continued to wobble ahead of second quarter earnings reports, which companies are scheduled to end Tuesday. In midday trading Friday, Apple’s stock is down a fraction, near 582.50. If this trend holds true for the day, it will mark the eighth day of the Apple was down trading session last nine.

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Hundreds flee Pakistan prison

In the Northwestern Pakistani officials about 150 rebels, armed with rocket-propelled grenades and guns, have stormed the prison, freeing a prisoner is 380.

Authorities said many of those who fled during the attack early Sunday militants.

Prison officials described the 20 detainees freed as “dangerous.”

One person was sentenced to death for his involvement in the assassination attempt on former President Pervez Musharraf.

The Taliban has claimed responsibility for the attack.

The prison in the city of Bannu home of nearly 1,000 inmates.

Bannu is located at the entrance of North Waziristan, hub known Taliban and al-Qaeda extremists.

Some information for this report provided by AP, AFP.

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Tyco Mikells named CFO of ADT spin

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