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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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August 1, 2014
10:00 EDTRHTOn The Fly: Analyst Upgrade Summary
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06:39 EDTRHTRed Hat upgraded to Positive from Neutral at Susquehanna
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July 31, 2014
11:51 EDTRHTRed Hat management to meet with JMP Securities
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July 21, 2014
07:15 EDTRHTO'Reilly to hold a conference
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