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SmarTrend Detects Continued Buying Pressure in Shares of Red Hat (RHT)
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| SmarTrend identified an Uptrend for Red Hat
| (NYSE:RHT) on November 17, 2009 at $28.67. In
| approximately 1 month, Red Hat has returned
| 9.2% as of today's recent price of $31.30.
`----
http://www.foxbusiness.com/story/markets/industries/technology/smartrend-detects-continued-buying-pressure-shares-red-hat-rht/
Recent:
Red Hat Chief Says Demand for Companyâs Software Is Rebounding
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| Red Hat Inc., the Linux software maker whose
| sales and profit in the latest quarter
| exceeded analystsâ estimates, said demand
| for its products is reviving, especially in
| North America.
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http://www.businessweek.com/news/2009-12-23/red-hat-chief-says-demand-for-company-s-software-is-rebounding.html
Profits remain strong at Red Hat
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| Results that would make other companies go
| ho-ho-ho have become ho-hum for Linux
| software company Red Hat, which on Tuesday
| posted the latest in a string of strong
| quarterly results.
|
| The Raleigh-based company, which performed
| well even when the recession was at its
| worst, once again exceeded analysts'
| expectations for both the top line and the
| bottom line - revenue and profits.
|
| Investors responded positively to the
| results, which were released after the
| markets closed. Red Hat shares rose as much
| as 7percent in after-hours trading.
`----
http://www.newsobserver.com/business/story/253385.html
Red Hat has a jolly Q3
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| Commercial Linux distributor and platform
| wannabe Red Hat ended the year with a peachy
| quarter. For the third quarter of fiscal
| 2010, ended November 30, sales jumped 17.5
| per cent to $194.3m.
`----
http://www.theregister.co.uk/2009/12/22/redhat_q3_f2010_numbers/
Subscriptions Boost Red Hat Revenue
http://www.pcworld.com/article/185349/subscriptions_boost_red_hat_revenue.html
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