Red Hat

It all started when International Business Machines Corporation (NYSE: IBM) joined forces with the open-source software giant Red Hat. The deal was closed in July 2019, after IBM acquired Red Hat for $34 billion. This deal, one of IBM's biggest acquisitions ever, aimed to help the company...

IBM (NYSE: IBM) shares tumbled 6% on Thursday after the company missed consensus revenue expectations and reported its fifth consecutive quarter of negative sales growth. Third-quarter revenue was down 4% from a year ago, but IBM’s recently closed Red Hat acquisition was a silver lining. Red...

Momentum in services and growth in the cloud business were bright spots in IBM (NYSE: IBM)’s earnings report, but reactions to the print on the Street were muted, as focus now shifts to Big Blue’s acquisition of open source cloud software company Red Hat. The Analsyts Wedbush’s...

Benzinga has featured looks at many investor favorite stocks over the past week. Bullish calls included a top semiconductor maker and utilities stocks. Bearish calls included the leading electric car maker and an entertainment giant. The broader markets had another down week, especially the Dow...

Red Hat Inc (NYSE: RHT) just delivered one of its "strongest quarters in years," according to Street Insider. Earlier in Tuesday's session, shares of the software provider were up over 6 percent following solid year-end results, rebounding from a disappointing third quarter. Deutsche Bank has...

Shares of Red Hat Inc (NYSE: RHT) were trading higher by more than 5 percent ahead of Tuesday's market open in reaction to the company's fourth-quarter earnings report. Baird: 'Clean Beat' Rob Oliver of Baird commented in a research report that Red Hat provided investors with a "clean beat and...

The cover story in this weekend's Barron's offers sage advice from Wall Street legend Byron Wien. See where Wien believes stocks, bonds and the U.S. economy are headed for the rest of 2016. Other featured articles discuss the prospects for a leading aircraft maker, a multinational software company...

Featured stories this weekend in Barron's ponder the prospects for a leading aircraft maker, a multinational software company and a payment processor. This issue also offers thoughts on the luxury of patience that very wealthy investors enjoy. Other articles discuss whether stocks are...

Wall Street is looking for solid quarterly results from FedEx Corporation (NYSE: FDX) this week. Expectations are lower for earnings from Oracle Corporation (NYSE: ORCL) and Rite Aid Corporation (NYSE: RAD). The consensus forecast calls for another net loss from BlackBerry Ltd (NASDAQ: BBRY). As...

As the calendar quarter winds down, it will be another fairly quiet week on the earnings front. Wall Street analysts by and large expect to see at least a little growth in earnings from packaged foods giants ConAgra Foods Inc (NYSE: CAG) and General Mills, Inc. (NYSE: GIS) when they share their...

Scheduled quarterly reports from BlackBerry (NASDAQ: BBRY), FedEx (NYSE: FDX), Kroger (NYSE: KR), Oracle (NASDAQ: ORCL) and Rite Aid (NYSE: RAD) and will highlight the coming week on the earnings front. Analysts are looking for year-over-year growth on the top and bottom lines for all of them,...

U.S. stocks rose as investors cheered the latest move by the Federal Reserve who stacked on another $10 billion to its tapering effort. By doing so, the central bank has lowered its asset purchases to $45 billion per month. “Information received since the Federal Open Market Committee met in...

This weekend in Barron's online: why it is time to buy Home Depot, the 100 best financial advisors in the United States, as well as the prospects for Raytheon, Sarepta, ClubCorp and more. Cover Story "Sunny Skies Over Home Depot" by Avi Salzman. As the housing market revives, shares of Home...

While investors watch the ongoing standoff between the West and Russia, and hope for fresh signs of economic growth in the GDP and PMI numbers, more off-season quarterly reports will roll out this week. Highlights will include earnings results from BlackBerry (NASDAQ: BBRY) and Walgreen (NYSE:...