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Jim Cramer spoke with Red Hat CEO on how widespread the attack on Sony could be. Is this open sourced technology biz vulnerable to attack?
NEW YORK, Dec 19- U.S. stocks gained ground in late afternoon trading on Friday, extending the S&P 500' s best two-day run in more than three years, helped by higher energy shares. Brent crude oil rebounded to end up 3.6 percent at $61.38 a barrel, while WTI crude jumped 4.5 percent to settled at $56.52. Among decliners, shares of Nike shed 2.8 percent, a day after the...
As the company grows and open source spreads, companies have yet to make a model as profitable as traditional software companies.
NEW YORK, Dec 19- U.S. stocks were little changed on Friday after the market's best two-day run in more than three years, with shares of Nike weighing on the Dow while energy shares led a modest advance on the benchmark S&P 500.. Brent crude oil advanced above $60 a barrel on Friday, recovering from near a 5-1/ 2- year low, while WTI crude climbed 3.3 percent to $55.90.
Some of Friday midday movers:
Red Hat reported quarterly revenue and profit above market expectations, boosted by strong growth in subscriptions.
Dec 18- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, raised its profit forecast for the full year after reporting quarterly revenue and profit above market expectations, boosted by strong growth in subscriptions. Shares of Red Hat, which counts IBM Corp, Dell Inc and Alcatel-Lucent SA among its customers, were up 10.6...
Companies making headlines after the bell Thursday:
Dec 18- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, reported quarterly revenue and profit above market expectations, boosted by strong growth in subscriptions. Revenue from subscriptions, Red Hat's biggest revenue source, rose 15.1 percent to $394.7 million in the third quarter ended Nov. 30. Red Hat shares closed at...
Dec 18- Red Hat Inc, the world's largest commercial distributor of the Linux operating system, posted a 15 percent rise in quarterly revenue, helped by strong growth in subscriptions. The company's net income fell to $47.9 million, or 26 cents per share, in the third quarter ended Nov. 30, from $52.0 million, or 27 cents per share, a year earlier. Revenue rose to $455.9...
Some of Thursday's midday movers:
U.S. stock index futures signaled a sharply higher open on Thursday, as Wall Street cheered comments from Federal Reserve Chair Janet Yellen.
"Mad Money" host Jim Cramer is looking for some specific signals to spot the end of the slide.
With low oil prices causing fear in investors, Jim Cramer spells out the opportunities that could be hidden in the market next week.
A security bug in a widely used piece of Linux software, known as "Bash," could pose a bigger threat to computer users than the "Heartbleed" bug.
A year after his company went private, Michael Dell talked about the PC business, whether he'll take Dell public again, and cloud startup valuations.
Jim Whitehurst, Red Hat CEO, reacts to Alibaba's IPO and discusses the cloud's integration in tech.
Some of the names on the move ahead of the open.
Check out which companies are making headlines after the bell Thursday: Home Depot, McDonald's, Oracle & more.
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.