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Red Hat Profit Rises on Sales to Budget-Minded Buyers
http://www.bloomberg.com/apps/news?pid=20601103&sid=aGH406mUBH0M&refer=us
Ford, GM, Textron, Satyam Fall; Red Hat Rises
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| Red Hat, Inc (RHT: chart) added 14.2% or $1.71 to $13.68 after the Linux
| software provider said third quarter sales rose 22% to $165.3 million from
| $135.4 million a year ago. Net income in the quarter rose 20% to $24.3
| million or 12 cents per diluted share compared to net income of $20.3 million
| or 10 cents per share a year ago.
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http://www.123jump.com/market-update/Ford,-GM,-Textron,-Satyam-Fall;-Red-Hat-Rises/30777/
Recent:
Red Hat bucks the trend
,----[ Quote ]
| At a time when most companies are happy if the balance sheet does not show
| any red ink, Red Hat Linux has bucked the trend. Its stock price leapt 32
| percent last week compared to that a year ago, during a week when technology
| stocks overall fell by 2.6 percent.
|
| According to information available at Channel Insider, the so-called mixed
| source company, Novell, saw its stock price fall by 11 percent, the biggest
| loser of the week.
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http://www.itwire.com/content/view/22172/1090/
Rumors: Microsoft Layoffs Coming Jan. 15 (MSFT)
http://www.alleyinsider.com/2008/12/rumors-microsoft-layoffs-coming-jan-15-msft
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