Check Point Software Technologies Ltd., the world’s second-largest maker of network security gear, posted the biggest gain in almost two months after Palo Alto Networks Inc.’s revenue outlook beat estimates.
After Cisco Systems Inc. paid the highest multiple since 2002 for Sourcefire Inc., investors are betting other Internet security providers such as Fortinet Inc. can also win premium valuations in a sale.
VeriSign Inc., the main manager of the Internet-address database, plunged the most in a month after a new contract letting the company continue to control Web sites ending in .com limited price increases.
Options traders are paying the most in 16 months to protect against losses for Teva Pharmaceutical Industries Ltd. as the drugmaker faces increased competition once the patent for its top-selling treatment expires.
Options traders are boosting bets by the most since 2004 that Check Point Software Technologies Ltd. will extend its New York drop after the world’s second- largest maker of network security gear reported slower revenue growth.
Nice Systems Ltd., an Israeli maker of analytical telecommunications software, climbed in New York to widen the premium over its Tel Aviv shares to the biggest in two months after company officials met with investors in Europe.
Check Point Software Technologies Ltd. headed for its biggest gain in five months after the world’s second largest maker of network-security equipment said fourth-quarter net income exceeded analysts’ forecasts.
Nokia Siemens Networks is in advanced talks to sell a unit that helps phone operators manage their billing systems as the network-equipment venture of Nokia Oyj and Siemens AG focuses on mobile broadband, people with knowledge of the matter said.