International Business News - RHT http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of Red Hat Inc. climbed Thursday after a Jefferies analyst upgraded the software distributor, noting its 100 percent recurring revenue stream, which puts it in a good position to weather the 2009 "spending storm." http://www.ibtimes.com/articles/20081204/red-hat-climbs-after-jefferies-upgrade.htm Thu, 04 Dec 2008 15:12:37 EST Red Hat Inc. said Monday its board of directors has expanded the software distributor's share buyback program. The amended program allows the company to repurchase up to $250 million of the company's shares, regardless of amounts purchased in previous buyback programs, the company said. http://www.ibtimes.com/articles/20081117/red-hat-amends-share-buyback-program.htm Mon, 17 Nov 2008 15:14:05 EST Red Hat Inc., a software distributor, said Friday that Micheline Chau and Jeff Clarke have joined its board of directors. Chau is president and chief operating officer of Lucasfilm Ltd. http://www.ibtimes.com/articles/20081107/red-hat-names-chau-and-clarke-to-board.htm Fri, 07 Nov 2008 16:05:15 EST Shares of large software companies fluctuated along with the rest of Wall Street Wednesday, amid investor fears that rate cuts by global central banks would fail to avoid a worldwide recession. http://www.ibtimes.com/articles/20081008/sector-snap-software-stocks-fluctuate.htm Wed, 08 Oct 2008 13:07:28 EDT A Thomas Weisel analyst downgraded the infrastructure software sector to "Neutral" from "Favorable," saying checks show the economic slowdown is starting to impact the sector. http://www.ibtimes.com/articles/20081003/ahead-of-the-bell-software-sector-downgraded.htm Fri, 03 Oct 2008 08:18:55 EDT Business spending on information technology is starting to look shaky, an RBC Capital Markets Corp. analyst wrote Thursday as he slashed estimates for next year's earnings at more than a dozen IT vendors. http://www.ibtimes.com/articles/20080925/ahead-of-the-bell-rbc-mows-down-it-ratings.htm Thu, 25 Sep 2008 09:11:14 EDT Red Hat Inc. said Wednesday its fiscal second-quarter earnings rose, helped by growth in subscriptions and training and services revenue. For the quarter that ended Aug. 31, Red Hat earned $21.1 million, or 10 cents per share, compared with $18.2 million, or 9 cents per share, in the same quarter last year. http://www.ibtimes.com/articles/20080924/red-hat-fiscal-2q-profit-rises.htm Wed, 24 Sep 2008 18:31:58 EDT Some of the biggest players in the technology industry complain that the U.S. patent system is broken--putting too many patents of dubious merit in the hands of people who can use them to drag companies and other inventors to court. http://www.ibtimes.com/articles/20080914/program-turns-to-online-masses-to-improve-patents.htm Sun, 14 Sep 2008 16:15:46 EDT Software distributor Red Hat Inc. said Thursday that it bought privately held enterprise software company Qumranet Inc. for $107 million in cash. Red Hat expects the acquisition to lower its fiscal 2009 earnings by 5 cents to 6 cents per share. http://www.ibtimes.com/articles/20080904/red-hat-buys-qumranet-for-107m.htm Thu, 04 Sep 2008 13:44:07 EDT The chairman of software provider Red Hat Inc. sold 30,000 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing. http://www.ibtimes.com/articles/20080703/red-hat-chairman-matthew-szulik-sells-shares.htm Thu, 03 Jul 2008 06:47:26 EDT Among the premarket stories for Thursday, June 26, from AP Financial News: NEW YORK (AP)--An analyst downgraded Red Hat Inc. Thursday, saying few catalysts for the software distributor's stock remain after first-quarter profit rose nearly 7 percent. http://www.ibtimes.com/articles/20080626/premarket-roundup-red-hat-mgm-mirage.htm Thu, 26 Jun 2008 10:27:34 EDT An analyst downgraded Red Hat Inc. Thursday, saying few catalysts for the software distributor's stock remain after first-quarter profit rose nearly 7 percent. http://www.ibtimes.com/articles/20080626/ahead-of-the-bell-red-hat-downgraded-after-1q.htm Thu, 26 Jun 2008 08:50:05 EDT Among the earnings stories for Wednesday, June 25, from AP Financial News: Top stories: http://www.ibtimes.com/articles/20080625/earnings-roundup-oracle-red-hat.htm Wed, 25 Jun 2008 17:34:16 EDT Red Hat Inc. said Wednesday its first-quarter 2009 profit rose 6.6 percent as the software distributor posted an increase in sales led by growth in software-subscription deals. http://www.ibtimes.com/articles/20080625/red-hat-profit-climbs-almost-7-pct-in-1q-2009.htm Wed, 25 Jun 2008 19:37:12 EDT Linux software provider Red Hat Inc. said Wednesday it settled two patent lawsuits brought against it by Firestar Software Inc. and DataTern Inc. Financial terms weren't disclosed. http://www.ibtimes.com/articles/20080611/red-hat-settles-2-patent-lawsuits.htm Wed, 11 Jun 2008 09:21:25 EDT A director at software maker Red Hat Inc. sold 40,000 shares of common stock under a prearranged trading plan, according to a Securities and Exchange Commission filing Friday. http://www.ibtimes.com/articles/20080527/red-hat-director-szulik-sells-40-000-shares.htm Tue, 27 May 2008 15:50:44 EDT