Shares in Red Hat Inc.(NYSE: RHT), the largest distributor of Linux software, posted a new 52-week high this morning of $60.20. The last time the stock price was higher than that was…
Paul Ausick Red Hat, Inc. (NYSE: RHT) has just announced a 21% gain in sales to $297 million for its fourth quarter and its non-GAAP earnings came to a gain of 12% to $0.29…
Jon C. Ogg Markets opened nearly flat this morning but took a dive early and have muddled along the rest of the day in negative territory. This morning’s report on falling durable goods orders got…
Earnings season is all but over and only the tail end of the quarterly and off-calendar reporting outfits are still reporting earnings. Still, the coming week does have several key earnings reports…
Jon OggThese are some of this Friday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls. Apple Inc. (NASDAQ: AAPL) has seen targets raised this morning by Oppenheimer to…
What happens when the industry leader who never misses earnings manages a huge disappointment? This is the question regarding Oracle Corporation (NASDAQ: ORCL). The company has a near-decade of history being very…
Red Hat, Inc. (NYSE: RHT) is the old king of Linux but is now more of a virtualization and cloud solutions open source player for enterprises. The company is almost always trading…
Jon C. Ogg US equity markets opened a bit higher this morning, after futures trading pared early morning gains. Early optimism, however, was not to pan out, following some rather downbeat remarks from the president…
The coming week is going to feel like a mini earnings season. We have many sector leaders reporting earnings and the fallout (or benefits) could be widespread. On deck are key earnings…
Jon OggThese are some of this Wednesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Alcatel-Lucent (NYSE: ALU) Maintained Underperform and cut estimates at Credit…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Biogen Idec Inc. (NASDAQ: BIIB) Raised to Outperform at Oppenheimer. Canadian…
CarMax shares moved sharply higher as the used car chain posted higher earnings than expected. Used car prices have risen and sales have tracked the upward momentum of those of new car…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday morning. Altera Corporation (NASDAQ: ALTR) Raised to Outperform as Bull of the…
Earnings season is supposed to be over. Guess again. This coming week is going to feel like the earnings floodgates are open and the companies reporting have market-moving and sector-moving abilities. Monday…
At yesterday’s launch of its newest Xeon processor, an Intel Corp. (NASDAQ: INTC) executive claimed that there is no workload in the world that the Xeon cannot handle. That may be good news…
