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Stock Market & Financial Investment News

News Breaks
June 18, 2014
18:00 EDTRHTRed Hat says recent acquisitions to add to OpenStack effort but dilutive to EPS
On the Q1 earnings conference call the company referred to recent acquisitions of Inktank and eNovance ."Excluding these acquisitions, we would be raising our guidance for non-GAAP operating margins and EPS by 50 basis points and 5c a share respectively. However, factoring in the expected dilution from these acquisitions results in a revised full year guidance for non-GAAP operating margin of around 23%, and EPS in the range of $1.52 to $1.54 per share. Our operating cash flow guidance is unchanged at $580M to $600M for the year."
News For RHT From The Last 14 Days
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February 7, 2016
15:31 EDTRHTRed Hat participates in a conference call with CLSA
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February 4, 2016
10:00 EDTRHTOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ADTRAN (ADTN) upgraded to Market Perform from Underperform at Cowen... Alpha & Omega (AOSL) upgraded to Outperform from Market Perform at Northland... Ambarella (AMBA) upgraded to Buy from Neutral at Dougherty... ArcBest (ARCB) upgraded on valuation at Stifel... Arlington Asset Investment (AI) upgraded to Buy from Neutral at Ladenburg... Atwood Oceanics (ATW) upgraded to Accumulate from Hold at KLR Group... Buffalo Wild Wings (BWLD) upgraded to Outperform from Market Perform at Raymond James... C.H. Robinson (CHRW) upgraded to Outperform from Market Perform at Raymond James... CDK Global (CDK) upgraded to Outperform from Market Perform at Barrington... Cadence Design (CDNS) upgraded on valuation, guidance at DA Davidson... China Unicom (CHU) upgraded to Buy from Hold at HSBC... Cloud Peak (CLD) upgraded to Market Perform from Underperform at FBR Capital... Cree (CREE) upgraded to Outperform from Market Perform at Northland... CrossAmerica (CAPL) upgraded to Outperform from Neutral at Baird... Hub Group (HUBG) upgraded on results at Stifel... Kennametal (KMT) upgraded to Neutral from Underperform at Longbow... Lannett (LCI) upgraded to Buy from Hold at Craig-Hallum... Lowe's (LOW) upgraded to Conviction Buy from Buy at Goldman... Mattel (MAT) upgraded to Buy from Sell at Argus... New Oriental Education (EDU) upgraded to Buy from Neutral at Mizuho... Olin Corp. (OLN) upgraded to Buy from Neutral at Monness Crespi... RONA (RONAF) upgraded to Equal Weight from Underweight at Barclays... Red Hat (RHT) upgraded to Outperform from Market Perform at Cowen... Wayfair (W) upgraded to Buy from Neutral at Goldman... Whirlpool (WHR) upgraded to Buy from Neutral at Goldman... Yahoo (YHOO) upgraded to Buy from Neutral at Citi... Zumiez (ZUMZ) upgraded to Buy from Hold at Brean Capital... adidas (ADDYY) upgraded to Buy from Neutral at Goldman.
06:57 EDTRHTRed Hat upgraded to Outperform from Market Perform at Cowen
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February 2, 2016
12:10 EDTRHTRed Hat management to meet with William Blair
Field trip to company headquarters to be held in Raleigh, NC on February 8 hosted by William Blair.
February 1, 2016
08:50 EDTRHTRed Hat management to meet with JPMorgan
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