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[News] Despite Economic Depression, Linux Celebrates Massive Growth (Red Hat Family)

  • Subject: [News] Despite Economic Depression, Linux Celebrates Massive Growth (Red Hat Family)
  • From: Roy Schestowitz <newsgroups@xxxxxxxxxxxxxxx>
  • Date: Thu, 24 Sep 2009 23:07:10 +0100
  • Followup-to: comp.os.linux.advocacy
  • Newsgroups: comp.os.linux.advocacy
  • User-agent: KNode/4.3.1
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Red Hat Rises on Rosy Q2 Results

http://www.linuxinsider.com/rsstory/68204.html?wlc=1253818454

Red Hat Guides Revenue Above Estimates

http://www.tradingmarkets.com/.site/news/Stock%20News/2544167/

Linux up 37%

Microsoft down 32%

Stocks to Watch (CTAS,ERTS,RIMM,RHT,HERO,PAYX,PPS)

,----[ Quote ]
| Red Hat, Inc. (NYSE: RHT) rallied $1.17 or 4.70% to 
| $26.05 after The biggest seller of the Linux operating 
| system reported second- quarter sales and profit that 
| beat analystsâ estimates as subscription revenue rose.
`----

http://www.benzinga.com/16612/industrials/stocks-to-watch-ctas-erts-rimm-rht-hero-payx-pps

Market Update: Citigroup (C), Bank of America (BAC), J.P. Morgan Chase (JPM), Wells Fargo (WFC)

,----[ Quote ]
| Shares of Red Hat (NYSE: RHT) surged more than 14% in 
| early trading today after the software company reported 
| better-than-expected fiscal second-quarter results. Red 
| Hat shows net income for the quarter ended Aug. 31 of 
| $28.9 million, or 15 cents a share. This figure was up 
| from $21.1 million, or 10 cents a share, a year 
| earlier. Additionally, revenue climbed 12% to $183.6 
| million. -Marketwatch
`----

http://jutiagroup.com/2009/09/24/market-update-citigroup-c-bank-of-america-bac-j-p-morgan-chase-jpm-wells-fargo-wfc/

US HOT STOCKS: Red Hat, Rite Aid, Bed Bath & Beyond

,----[ Quote ]
| Red Hat's ($27.95, +$3.07, +12.34%) fiscal second-
| quarter profit jumped 37% as the company again posted 
| slightly better-than-expected results on growing 
| revenue and higher margins. Competitor Citrix Systems 
| Inc. (CTXS, $37.61, +$1.47, +4.07%) was also rising.
`----

http://online.wsj.com/article/BT-CO-20090924-709799.html?mod=rss_Hot_Stocks

Upgrades: MTH, RHT, NSM

,----[ Quote ]
| After Red Hat (RHT) released earnings last night, Bank 
| of America upgraded the stock from Neutral to Buy. The 
| company earned twenty cents per share, easily beating 
| analysts' estimates of fifteen cents per share. With 
| the upgrade, Bank of America raised its price target 
| from $23.50 to $29 per share.
`----

http://www.marketnewsvideo.com/?id=200909Upgrades092409&mv=1

Today's Morning Top Gainers (BAYN,AM,LBIX,RHT,OSP)

,----[ Quote ]
| Red Hat, Inc. (NYSE: RHT) soared 13% now trades at 
| $28.11 on an unusual volume of 7.01 million shares 
| after it reported net income for the quarter ended Aug. 
| 31 of $28.9 million, or 15 cents a share. That was up 
| from $21.1 million, or 10 cents a share, a year 
| earlier. Revenue climbed 12% to $183.6 million
`----

http://www.benzinga.com/16896/bayn/today-s-morning-top-gainers-bayn-am-lbix-rht-osp

U.S. Stocks Retreat on Unexpected Decrease in Home Sales 

,----[ Quote ]
| Red Hat Inc. jumped 12 percent to $27.96 for the 
| largest advance in the S&P 500. The biggest seller of 
| the Linux operating system reported second-quarter 
| sales and profit that beat analystsâ estimates as 
| subscription revenue rose.
`----

http://www.bloomberg.com/apps/news?pid=20601087&sid=aWFBG3AXmIDk


Recent:

Red Hat second-quarter profit increases 37%

,----[ Quote ]
| Analysts polled by Thomson Reuters had expected Red Hat
| to post second-quarter earnings of 15 cents a share,
| and $179.1 million in revenue.
`----

http://www.marketwatch.com/story/red-hat-second-quarter-profit-increases-37-2009-09-23
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