You'd think a company named Red Hat would treat investors well at this time of year, but the stock acted more like Scrooge than Santa Claus on Thursday. A Failed Scrooge | wordymouth.com:: Two gay red bandannas folded together fatten throat under chin. Battered hat is pulled down to sit on ears and in side pocket of jacket are http://wordymouth.com/2007/12/a-failed-scroogeHOME | Bad Santa - Reviews - www.smh.com.au:: story for those who hate Christmas. Instead of Scrooges Bah! Humbug!, Willie T.Stokes (Billy Bob Thornton) is Marcus plays an elf, in green suit http://www.smh.com.au/news/Reviews/Bad-Santa/2004/11/24/1101219607281.html?oneclick=trueHOME |
Red Hat shares tumbled 13.5% after the Linux provider reported in-line earnings of 6 cents per share. Sales surged 55% to $50.9 million — but that was less than the $51.5 million that analysts were looking for.
Red Hat's guidance also failed to live up to expectations. The company said it expects fourth-quarter earnings of 6-7 cents a share on revenues of $55.5-$56.5 million. Analysts were looking for earnings of 7 cents on revenues of $58 million. SantaSearch - Stories, Poems and Humor [ Christmas Carol, A - Part 1 of 2 ]:: clerk in the Tank, who instantly snuffed his candle out, and put on his hat. eyes, in silence for a moment, would play, Scrooge felt, the very deuce with him. http://www.santasearch.org/texts.asp?Do=4&TextID=1HOME | Bobbys Toys & Collectibles. Hundreds of character toys and much more.:: Vista-1987-8): ALF-Super-ALF, ALF-ALF Goes Wild & ALF-Alf Plays Detective Head is fused to body with cute, small removable red hat on top of cap. http://www.bobbystoys.com/collect.htmHOME |
Analysts were also disappointed by slowing enterprise subscriptions and cash flow, and said the company may be facing tougher competition from Novell and Sun Microsystems. On the plus side, a rise in deferred revenue could mean stable pricing and renewals and a shift to longer-term subscriptions, analysts noted. A Christmas Carol:: But he was a tight-fisted hand at the grind-stone, was Scrooge! His hat was off, before he opened the door; his comforter too. http://www.sheeplaughs.com/scrooge/radioscript.htmHOME | InternetNews Realtime IT News - Will Online Stores Scrooge Their Customers?:: SanDisk Plays a New Tune With Memory Cards. Coming Down the Tube: Profit Pops at Red Hat But KVM Payoff Will Wait. Virtual Security? The PHANTOM Knows. http://www.internetnews.com/ec-news/article.php/4_229431HOME |
The broader market posted modest gains on mixed economic data, with durable orders and consumer sentiment rising, but new home sales falling and consumer spending rising less than expected.
The Nasdaq climbed 3 to 2160, the S&P 500 rose half a point to 1210, and the Dow gained 11 to 10,827. Volume declined to 956 million shares on the NYSE, and 1.43 billion on the Nasdaq. Advancers led 18-14 on the NYSE, and 17-13 on the Nasdaq. Upside volume was 59% on the NYSE, and 65% on the Nasdaq. New highs-new lows were 275-8 on the NYSE, and 155-15 on the Nasdaq.
Micron Technology slipped after missing revenue estimates, while PalmSource fell 3% on a warning.
Tibco rose 1% after the company beat earnings and revenue estimates.
Network Appliance fell 3% on a downgrade.
SI Tech gained 7% on news of a merger with Vishay.
Technical Analysis: The Picture Turns Cautious
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