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Red Hat Inc

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  • Fed moves could steer next week's market direction Friday, 12 Sep 2014 | 7:01 PM ET
    Traders work on the floor of the New York Stock Exchange in New York.

    Markets are primed for the possibility the Fed will signal it's a step closer to normalizing its super low rate policy. Even so, trading may still be volatile.

  • June 18- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, raised its full-year revenue forecast, helped by strong growth in subscription revenue. Shares of Red Hat rose 4.5 percent in extended trading. Red Hat cut its full-year adjusted profit forecast to $1.52- $1.54 per share from $1.54- $1.56.

  • June 18- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, raised its full-year adjusted profit and revenue forecast, helped by strong growth in subscription revenue. Shares of Red Hat rose 4.5 percent in extended trading. Red Hat raised its full-year adjusted earnings forecast to $1.59- $1.61 per share from $1.54- $1.56.

  • After-hours buzz: RHT, JBL, TEL & more Wednesday, 18 Jun 2014 | 5:06 PM ET

    Check out which companies are making headlines after the bell Wednesday: Jabil Circuit, Red Hat, TE Connectivity & more.

  • June 18- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, reported better-than-expected adjusted profit and revenue for the first quarter, helped by growth in subscriptions.

  • Jim Cramer: What you need to know for week ahead Friday, 13 Jun 2014 | 6:09 PM ET
    Jim Cramer on Mad Money.

    Cramer believes there’s always opportunity in the market. You simply have to know where to look.

  • Squawking kids on a plane, frenemies & bye Cantor Thursday, 12 Jun 2014 | 5:27 PM ET

    Andrew unleashes a Twitter firestorm about noisy kids on flights. Ackman-Icahn are friends again. And so long Cantor. Find those stories and more on "Squawk Box" blog."

  • Nexenta makes open source-based "software-defined storage", which a client uses to save data on hardware from other vendors, thereby avoiding costly' package deals' that require buying hardware and software from the same vendor such as NetApp Inc or EMC Corp..

  • April 30- Linux operating system vendor Red Hat Inc said it will buy privately held storage systems provider Inktank Ceph Enterprise for $175 million to expand in the fast growing market for software-defined storage. Red Hat said it expected the purchase to be completed in May this year.

  • Amazon.com Inc, Cisco Systems Inc, Facebook Inc, Google Inc, IBM, Intel Corp and Microsoft Corp are among a dozen companies that have agreed to be founding members of a group known as Core Infrastructure Initiative. Other early supporters are Dell, Fujitsu Ltd NetApp Inc, Rackspace Hosting Inc and VMware Inc.

  • Blackberry plans 'Heartbleed' fix for Android, iOS Monday, 14 Apr 2014 | 7:58 AM ET

    BlackBerry said it plans to release security updates for Android and iOS devices by Friday to address the "Heartbleed" security threat.

  • Who's winning the cloud wars? Not who you think Wednesday, 9 Apr 2014 | 6:19 PM ET

    Red Hat President and CEO Jim Whitehurst says his company is benefiting as cloud competition heats up.

  • A rebound is looming: Beware the dead-cat bounce Monday, 7 Apr 2014 | 6:39 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Any rebound in the market is likely to be short-lived since it needs a catalyst to sustain gains, and the start of earnings season may disappoint.

  • *Momentum stocks still in focus; Netflix falls. NEW YORK, March 28- U.S. stocks ended up on Friday but off their session highs as a late afternoon selloff in the biotechnology sector weighed on the overall market. The Nasdaq Composite Index fell nearly 3 percent for the week, marking its worst week since October 2012.

  • *Momentum stocks still in focus; Netflix falls. NEW YORK, March 28- U.S. stocks sharply pared gains by late Friday afternoon on Friday, with the Nasdaq briefly turning negative, led by a decline in the biotechnology sector. Gilead Science shares were off 3.3 percent at $69.03 and Biogen Idec shares were down 4.1 percent at $297.

  • *Markets in broad rally on hopes for China stimulus. *Momentum stocks still in focus; Netflix edges lower.

  • Midday movers: Tesla Motors, Blackberry, 2U & More Friday, 28 Mar 2014 | 12:10 PM ET

    Some of Friday's midday movers:

  • *Markets in broad rally on hopes for China stimulus. *Red Hat down after outlook, BlackBerry up on results. The prospect of slowing growth in China, the world's second-largest economy, has long been a market headwind.

  • *Momentum stocks still in focus, Netflix down in premarket. *Red Hat down after outlook, BlackBerry up on results. NEW YORK, March 28- U.S. stock index futures indicated a higher opening on Wall Street Friday, lifted by remarks from China's Premier Li Keqiang that the Chinese government was ready to take steps to support its economy.

  • *Red Hat profit beats expectations, but outlook weak. NEW YORK, March 28- U.S. stock index futures rose on Friday, lifted by remarks from China's Premier Li Keqiang that the Chinese government was ready to take steps to support its economy. *The prospect of slowing growth in China, the world's second-largest economy, has long been a market headwind.