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Stock Market & Financial Investment News

News Breaks
December 21, 2012
07:51 EDTRHTRed Hat price target raised to $66 from $63 at Susquehanna
Susquehanna raised its price target on Red Hat following Q3 results. The firm cited its efforts to better tie partner channels,stable demand for products, and its ability to perform under tough economic conditions. Shares are Positive rated.
News For RHT From The Last 14 Days
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May 15, 2013
17:03 EDTRHTSoros gives quarterly update on stakes
NEW STAKES: MeadWestvaco (MWV), Brocade (BRCD), Red Hat (RHT), Liberty Global (LBTYK), and VMware (VMW). INCREASED STAKES: Google (GOOG), Liberty Global (LBTYA), EQT Corp (EQT), Charter (CHTR), and US Airways (LCC). DECREASED STAKES: Citigroup (C), AIG (AIG), Apple (AAPL), Invesco (IVZ), and Motorola Solutions (MSI). LIQUIDATED STAKES: JPMorgan (JPM), General Electric (GE), CF Industries (CF), Morgan Stanley (MS), and Capital One (COF).
10:14 EDTRHTRed Hat calls active on renewed takeover chatter
Red Hat May and June 55 calls are active on total call volume of 5,300 contracts (58 puts). May call option implied volatility is at 41, June is at 34, September is at 30; compared to its 26-week average of 34 according to Track Data. Active call volume suggests traders taking positions for large movement following renewed takeover chatter.
10:06 EDTRHTRumor: Red Hat moves up on renewed takeover chatter
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May 13, 2013
08:19 EDTRHTRed Hat becoming innovator, says Wells Fargo
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