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June 18- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, reported a 13.5 percent rise in quarterly revenue, helped by increasing adoption of open-source software and its cloud-based products. The company's net income rose to $48.1 million, or 26 cents per share, in the first quarter ended May 31, from $37.7 million, or 20 cents...
Red Hat is reporting EPS beat of $0.44 adjusted on revenue beat of $481 million, with CNBC's Dominic Chu.
U.S. stock futures indicated a higher open on Thursday, with the focus on Greece and economic data.
The "Fast Money" traders give their final trades of the day.
Jim Whitehurst, Red Hat CEO, and "Open Organization" author, discusses why he thinks cheap money is producing a tech bubble; the transition into the cloud, and how to inspire passion and performance in the workplace.
Here's a different approach to betting on earnings: Wait for the results to come out.
Jim Cramer saw one deal last week that is just getting the pot stirred on Wall Street. Could more LBOs be headed our way?
April 1- Wall Street analysts may be inadequately accounting for the dollar's sharp first-quarter rally, setting up a scenario in which some multinational companies may miss already low earnings estimates and be punished with selloffs of their shares. North American public companies could give up more than $25 billion in revenues and 7 cents per share in...
Surveys show investors have no idea what's going to happen to the stock market next. Here's how to trade the unknown.
North American public companies could give up more than $25 billion in revenues and 7 cents per share in earnings in the first quarter alone because of currency-related volatility, said Wolfgang Koester, chief executive of FiREapps, a foreign exchange data analytics firm in Phoenix, Arizona. An early example to watch is Monsanto Co, which reports results on...
Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.
Some of the names on the move ahead of the open.
We aren't managing a legacy decline, says Jim Whitehurst, Red Hat CEO, discussing how the significant increase in cloud adoption is impacting the company's growth as companies move from older technology to open source software.
March 25- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, forecast a profit for the first quarter that matched analysts' estimates despite warning on a strong dollar hurting its revenue. Red Hat shares were up 5 percent in after-market trading on Wednesday after the company's profit beat the average analyst estimate for...
Take a look at some of Wednesday's after-hours buzz: Red Hat, 3M, PVH & more
March 25- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, reported revenue and profit that beat estimates, as the company benefits from higher demand for open-source software and its cloud-based products. Shares of Red Hat, whose customers include Adobe Systems Inc and Verizon Communications Inc, rose 4.5 percent in...
March 25- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, reported a 16 percent jump in quarterly revenue, as the company benefits from increasing adoption of open-source software and its cloud-based products. The company's net income rose to $47.7 million, or 26 cents per share, in the fourth quarter ended Feb. 28, from $45.1...
U.S. stocks plunged, closing more than 1 percent lower as investors weighed the impact of the strong dollar on the economy and earnings.
U.S. stock index futures indicated a higher open on Wednesday, as volatility in the dollar continued to spook markets.
Even when it's going down, the strong U.S. currency scares markets, with traders continuing to adjust to the Fed's message on interest rate policy.