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[News] Red Hat Surges Ahead of Expected Great Results

  • Subject: [News] Red Hat Surges Ahead of Expected Great Results
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Tue, 22 Sep 2009 23:00:33 +0100
  • Followup-to: comp.os.linux.advocacy
  • Newsgroups: comp.os.linux.advocacy
  • User-agent: KNode/4.3.1
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Red Hat remains red hot on the Street on eve of next earnings report

,----[ Quote ]
| And those fortunate souls who own Red Hat can also expect 
| share values to increase if Wall Street analysts are correct. 
| Red Hat, which closed at $25.72 on Monday and recently hit a 
| 52-week high of $26.32, reports earnings after the markets 
| close Wednesday. Analysts expect the Hatters to report a 15-
| cent per share profit on revenues of $179 million and an 
| increase of 9 percent in sales over a year ago.
`----

http://localtechwire.com/business/local_tech_wire/opinion/blogpost/6049826/

Microsoft's results are terrible. Down over 30% for TWO consecutive quarters.


Recent:

A Red Flag on Red Hat

,----[ Quote ]
| To be sure, Red Hat's stock has surged so far this year.
| Shares are up 95% year-to-date, and could go higher.
`----

http://online.barrons.com/article/SB125354474046628007.html


Red Hat revenue surges 11%

,----[ Quote ]
| Software company Red Hat continued its recession-defying performance by
| posting an 11 percent increase in quarterly revenue that outpaced analysts'
| expectations.
`----

http://www.newsobserver.com/business/nc/story/1582512.html
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