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Stock Market & Financial Investment News

News Breaks
December 20, 2012
16:09 EDTRHTRed Hat acquisition of ManageIQ to have no material impact on revenue
The acquisition is expected to have no material impact to Red Hat's revenue for its fiscal year ending Feb. 28, 2013. Management expects that operating expenses (excluding the impact of stock-based compensation and the amortization of acquisition-related intangible assets) will increase by approximately $2M per quarter as a result of the transaction, and stock-based compensation and amortization expense will increase by approximately $2M per quarter.
News For RHT From The Last 14 Days
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December 18, 2014
18:22 EDTRHTOn The Fly: After Hours Movers
UP AFTER EARNINGS: Red Hat (RHT), up 9.3%... Pier 1 Imports (PIR), up 8%... NQ Mobile (NQ), up 9.3%... Cintas (CTAS), up 6.3%. ALSO HIGHER: Aratana Therapeutics (PETX), up 25.9% after candidate for dog osteoarthritis shows positive results... Ally Financial (ALLY), up 5% after announcing that it will exit the Troubled Asset Relief Program. DOWN AFTER EARNINGS: Nike (NKE), down 2.7%. ALSO LOWER: American Apparel (APP), down 2.8% after New York Post reports on takeover bid.
17:29 EDTRHTRed Hat continues higher to 9.4% in after hours trading after Q3 conference call
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17:27 EDTRHTRed Hat CFO to retire in next 12 months
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17:26 EDTRHTRed Hat sees Q4 EPS 40-41c, consensus 41c
Sees Q4 revenue $456M-$459M, consensus $459.39M. Guidance provided during Q3 earnings conference call.
17:25 EDTRHTRed Hat raises FY15 EPS to $1.57-$1.58, consensus $1.55
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16:10 EDTRHTRed Hat trades higher in extended session
The shares are trading up above the prior 52-week high following earnings. At the current price of $65.43, next resistance is at $67.50. Support is at $63.69, the prior 52-week high.
16:10 EDTRHTRed Hat up 4.9% after reporting Q3 results
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16:06 EDTRHTRed Hat reports Q3 EPS 42c, consensus 40c
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14:01 EDTRHTRed Hat December 60 straddle priced for 6.2% movement into Q3
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December 17, 2014
07:32 EDTRHTRed Hat December volatility increases into Q3 and outlook
Red Hat December call option implied volatility is at 96, January is at 39, March is at 31; compared to its 26-week average of 33 according to Track Data, suggesting large near term price movement into the expected release of Q3 results today.
December 12, 2014
10:28 EDTRHTRed Hat December volatility elevated into Q3 and outlook
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10:01 EDTRHTOn The Fly: Analyst Initiation Summary
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06:35 EDTRHTRed Hat resumed with an Overweight at Piper Jaffray
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December 8, 2014
10:00 EDTRHTOn The Fly: Analyst Downgrade Summary
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08:14 EDTRHTRed Hat downgraded at Wells Fargo
As noted earlier, Wells Fargo downgraded Red Hat to Market Perform from Outperform. The firm downgraded the stock based on valuation. Target $64-$68.
05:54 EDTRHTRed Hat downgraded to Market Perform from Outperform at Wells Fargo

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