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Red Hat cancels party; will feed needy instead
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| The move comes as the slumping economy is hurting philanthropic donations and
| increasing demand among the needy.
|
| "We felt it was the wrong time to be spending a lot of money on ourselves,"
| said DeLisa Alexander, Red Hat's senior vice president for people and brand.
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http://www.newsobserver.com/business/story/1314667.html
Recent:
Red Hat climbs after Jefferies upgrade
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| Shares of Red Hat Inc. climbed Thursday after a Jefferies analyst upgraded
| the software distributor, noting its 100 percent recurring revenue stream,
| which puts it in a good position to weather the 2009 "spending storm."
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http://money.cnn.com/news/newsfeeds/articles/apwire/32027c01dad71c62a2a1fb902359a3c8.htm
Red Had (NYSE:RHT): Jeffco upgrade to Buy; Cisco relationship on tap?
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| Jefferies is out with an interesting upgrade on Red Had (NYSE: RHT) taking
| their rating to Buy from Hold with a $16 tgt.
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http://www.streetinsider.com/Contributors/Red+Had+(NYSE:RHT)+Jeffco+upgrade+to+Buy%3B+Cisco+relationship+on+tap%3F/4213777.html
Analyst: Red Hat "deeply undervalued," Oracle Linux "has failed"
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| Red Hat has been taking a beating in the stock market recently, but in a
| recent research note leading analyst Mark Murphy of Piper Jaffray thinks this
| represents an exceptional opportunity to buy into a "deeply undervalued"
| company. More interestingly, Murphy finds significant cause for Red Hat
| optimism based on Oracle's failed attempt to undermine Red Hat with its
| Unbreakable Linux product.
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http://news.cnet.com/8301-13505_3-10108675-16.html
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