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Red Hat Inc (RHT.N)

RHT.N on New York Stock Exchange

173.50USD
16 Nov 2018
Change (% chg)

$-0.32 (-0.18%)
Prev Close
$173.82
Open
$173.54
Day's High
$173.97
Day's Low
$173.35
Volume
822,012
Avg. Vol
495,616
52-wk High
$177.63
52-wk Low
$115.31

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About

Red Hat, Inc. (Red Hat) provides open source software solutions, using a community-powered approach to develop and offer operating system, virtualization, management, middleware, cloud, mobile and storage technologies. Red Hat operates through three geographical segments: the Americas, including the United States, Canada and... (more)

Overall

Beta: 0.70
Market Cap(Mil.): $30,434.65
Shares Outstanding(Mil.): 175.97
Dividend: --
Yield (%): --

Financials

  RHT.N Industry Sector
P/E (TTM): 77.69 32.25 9.90
EPS (TTM): 2.23 -- --
ROI: 14.82 14.33 18.37
ROE: 30.62 12.84 19.77

Icahn says VMWare should be worth $300 per share, cites Red Hat deal

Carl Icahn said on Monday VMWare should be worth $300 per share, the activist investor's latest bid to scuttle Dell's plan to go public by buying back shares tied to its interest in the software company.

Nov 12 2018

Icahn says VMWare should be worth $300/shr, cites Red Hat deal

Nov 12 Carl Icahn said on Monday VMWare should be worth $300 per share, the activist investor's latest bid to scuttle Dell's plan to go public by buying back shares tied to its interest in the software company.

Nov 12 2018

IBM a top bridge loan borrower with Red Hat buy

NEW YORK (LPC) - IBM Corp’s $20 billion loan supporting the information technology company’s purchase of US software company Red Hat Inc is one of the largest ever bridge loans for a US investment grade company and banks are keen to lend after several quiet months for big mergers and acquisitions. 

Nov 01 2018

CORRECTED-BRIEF-Red Hat will be obligated to pay IBM a deal termination fee of $975 Mln

* RED HAT - IF DEAL TERMINATED UNDER SOME SPECIFIC CONDITIONS, CO SHALL BE OBLIGATED TO PAY TERMINATION FEE OF $975 MILLION - SEC FILING Source text: https://bit.ly/2SrvVK5 Further company coverage:

Oct 29 2018

Global stocks slide as investors fret over new tariffs

NEW YORK Early gains on Wall Street fizzled and sent global stocks lower on Monday after reports that the U.S. is planning an additional $257 billion worth of tariffs on Chinese goods if upcoming talks between Presidents Donald Trump and Xi Jinping fail to end a trade war between two of the world's largest economies. | Video

Oct 29 2018

Red Hat jumps, IBM shares dip on cloud mega-merger

IBM Corp's $34 billion deal to buy Red Hat Inc drove shares in the small but fast-growing software maker about 50 percent higher on Monday, reflecting the huge premium IBM is paying to ward off any potential challenger bids. | Video

Oct 29 2018

GLOBAL MARKETS-Tech recovery helps global stocks rebound after choppy week

NEW YORK, Oct 29 A recovery in technology stocks following IBM Corp's $34 billion deal to buy Red Hat Inc and Standard & Poor's decision to leave Italy's ratings level unchanged helped global stocks rebound on Monday after choppy sessions last week.

Oct 29 2018

UPDATE 2-Red Hat jumps, IBM shares dip on cloud mega-merger

* BREAKINGVIEWS-IBM overpays for relevance with $34 bln deal (Adds details on deal, updates share prices)

Oct 29 2018

Red Hat jumps, IBM shares dip on cloud mega-merger

Oct 29 IBM Corp's $34 billion deal to buy Red Hat Inc drove shares in the small but fast-growing software maker 50 percent higher on Monday, reflecting the huge premium IBM is paying to ward off any potential challenger bids.

Oct 29 2018

Deals of the day-Mergers and acquisitions

Oct 29 The following bids, mergers, acquisitions and disposals were reported by 1000 GMT on Monday: ** IBM Corp said on Sunday it had agreed to acquire U.S. software company Red Hat Inc for $34 billion, including debt, as it seeks to diversify its technology hardware and consulting business into higher-margin products and services. ** Australian adult education provider Navitas Ltd rebuffed a A$1.97 billion ($1.4 billion) approach from its founder and a private equity firm, leaving s

Oct 29 2018

Earnings vs. Estimates