Red Hat Inc fka RHT

[ernie44]

RUSSIANS ARE COMMING

[ernie44]

so the merger--is over

[tedkov]

Red Hat Shareholders Upset Over Merger Bid - (via Business Journal)
December 5, 2018
Tags: NewsPoints Red Hat IBM United States Corporate Affairs Mergers &
Acquisitions

A group of Red Hat, Inc. shareholders are attempting
to block the $34 billion purchase of the company by IBM.

The shareholders allege that the purchase price of $190 per share is insufficient in light of the company's growth prospects, and that deal-protection clauses in the merger agreement preclude other
companies from submitting successful competing offers. In addition, shareholders allege that senior management of Red Hat obtained personal benefits for their own self interests in agreeing to sell the company that are not being shared with common stockholders.

Red Hat did not immediately respond to requests for a comment.
To contact the law firm on behalf of shareholders of
Red Hat for more information as to how you can participate with other shareholders for a higher price at no cost or expense call toll free 800.511.7037 or [e-mail]

[ernie44]

I own IBM too--- my advice is dont wait for spring -- do it now take the 173. and run

to buy IBM -- will make more $$$$

[ernie44]

IBM trading as if on a tear today

[thoand]

Thanks, Didn’t know we would have to wait that long.

[Gamblin_Pennies]

That's the plan. Payout late next year, but if the market continues to decline, a 10% return is worth waiting for.

[PStockPickz]

What a pig this. Big dump coming imo

[thoand]

Could we buy more at this price and get a little over 10% return when this is finalized?

[StihlsawsRule]

I have the same question. The PR says IBM is paying RHT shareholders

$190 per share in cash. How in the hell is this at $169?

[$Pistol Pete$]

Yep and thanks for the deal IBM

[thoand]

Why are we not at 190? I thought this was a done deal. This is my first buyout, please excuse my ignorance.

Go Red Hat!

[biotechnician]

This deal now values PLAN at $50-$100 or 6B to 12 Billion. They are stealing top cloud companies will new platform. Recent IPO.

[boardbrain1]

Thank you IBM for the deal, college fund looks outstanding.

GL Longs

[$Pistol Pete$]

Beautiful deal for IBM and Red Hat

[ernie44]

it must be a done deal, unless they are playing it to pump both.

sold most of my redhat to buy ANTS ... which was also bought out

[lordcooler]

what is the float?

[chrispy2468]

$176 now.

[cjstocksup]

Congrats. Looks like the buyout will be near the 52 week highs I talked about in Aug. Those who got in recently on the big drop will get it.

[Kingsolomonspoolz]

well your about to miss out on their big buyout!

[cjstocksup]

Long gone. My post was from March of this year and you see RHT ran into Aug. like most of the big bards and they are all down since then. I only day trade most big boards now.

[Kingsolomonspoolz]

CJ, are you still in here??

[Kingsolomonspoolz]

Interesting. I do own a few shares here. Anyone holding 1,000's of shares????

[ernie44]

guess what---IBM snapped it up at 5% premium at the 200 day low---naturally-- why wait for spring

[Om3rX]

congratulations!!! not sure how this will impact IBM shares :/

[samplescave]

Way to go Red Hat!!!

[cjstocksup]

RHT quick cash cow afterhours trade.

[doogdilinger]

What a beautiful day unfolding here weeeeeeeeeeeeeeeeeee

[odoylemark]

I don't spend a lot of time on here but if you listened and held you've got smiles on your face at 118$ a share. I am looking forward to the $150 a share that I expect to see on this by 2nd quarter 2018.

[odoylemark]

When I wrote that post Red Hat was $72 a share today we saw highes of 82 and the target price was just raised to 89 a share with some analyst suggesting $105.

Outlooks look great and cant wait for the long term.

[odoylemark]

Whats up folks just wanted to say for those of us who are shareholders keep holding and get ready for some excitement.

mark my words.

[Ballgame]

Nice news this morning. Of course price action isn't reflecting. Likely fed talk fear again

[Ballgame]

Holding strong here after earnings. Billings will increase, no worries.

[Priestyle]

Currently the stock is trading at $79.47 and showing rise of 0.21%.
In spite of dicey market situations, the company has truly performed well and has recently suggested as a good "Internet of things" stock for investing.

[DoughRay]

Nice break. Couldn't happen to more deserving shareholders and company.

[Globaltrnr]

The whole years profits are gone for RHT ...

[LasNubes]

Not sure why it is halted right now?

[LasNubes]

Picked up some pre-market at 47.85

The numbers did not look bad at all to me with 17% increase.

Looking for a quick bounce back after the data settles in.

[tytf]

o

[tytf]

o

[johnsyn]

I'm down right now due to fiscal cliff problems, but expect it to rebound, bought it as a growth stock. So I decided to just ride it out. To answer your question though, $58.50. Didn't buy the whole farm's worth though, LOL.

[tytf]

What Price you got in at?

[johnsyn]

5:28 PM Red Hat's (RHT) acquisition of ManageIQ is aimed at VMware (VMW), suggests CEO Jim Whitehurst in a short interview. Though VMware has made decent enterprise traction with its vCloud management/provisioning platform, they're "almost nowhere in public cloud," declares Whitehurst, who thinks the preference among Internet companies for open-source solutions will help Red Hat. TechCrunch's Alex Williams, who notes ManageIQ supports Amazon Web Services, feels likewise.

[johnsyn]

8 companies you didn't know had so much money

11:36 AM 11/16/2012 - MarketWatch

SAN FRANCISCO (MarketWatch) -- Forget sand bags. In turbulent, unforgiving stock markets, you want money bags.

U.S. stocks have lost 4% so far this month. Fretful investors are selling winners to position their portfolios against tax changes the White House and Congress may make on capital gains and dividend income to avoid the so-called fiscal cliff.

Against this uncertain backdrop, MarketWatch figured it would be useful to look for companies that have fortified their balance sheet.

We searched for businesses with no long-term debt and cash on hand of $500 million or more. Plus, the companies had to show free-cash-flow growth and operating margin improvement year-over-year since 2010 (data was based on the 12-month period ended Sept. 30).

Of the 1,500 Standard & Poor's-rated companies screened on FactSet, only eight made the cut. For investors looking to put their cash to work when the dust settles over the fiscal-cliff hysteria, these stocks may be worth a look.


6. Red Hat

Red Hat Inc. has seen annual revenue and operating cash flows increase at a nice clip over the past three years. The North Carolina-based company makes subscription-based, open-source software used by companies to customize databases and products.

Analysts estimate Red Hat's revenue will grow 17.1% for its current fiscal year that ends in February and 16.3% for fiscal 2014, FactSet data shows.

The stock isn't exactly cheap, trading at 36.2 times forward earnings. Rival Oracle Corp. trades at 10.6 times earnings and VMware Inc. at 26.6 times earnings.

Red Hat shares are 25% off their 52-week high, reached in April. The stock closed Thursday at $47.73.

If an investor considers the stock, veteran money manager Alan Lancz said he'd suggest accumulating a small position in the mid-$40s-a-share range and wait to buy more if the stock declines another 15% to 20%.

[TRAPPER JIM]

Filed 09/13/12
TWIN PEAKS SOFTWARE INC. vs. RED HAT, INC. AND GLUSTER, INC., DEMAND FOR JURY TRIAL http://ebb.org/docs/5_12-cv-00911_RMW-Doc33.pdf
Didnt know if this had been posted yet or not.

[johnsyn]

Jefferies Starts Red Hat (RHT) at Buy; Three Products Equals Hat-Trick

7:28 AM 9/13/2012 - StreetInsider

Jefferies initiates coverage on Red Hat (NYSE: RHT) with a Buy. PT $67.00.

Analyst, Ross MacMillan, said, "RHT is the industry's leading open source software provider and is gradually diversifying from its core Linux roots into middleware, storage and cloud related technologies. The pricing, development and support model is attractive to customers, plus open source software is the building block for next generation data centers. We think growth prospects are good and valuation is reasonable given the expanding TAM."

For an analyst ratings summary and ratings history on Red Hat click here. For more ratings news on Red Hat click here.

Shares of Red Hat closed at $57.32 yesterday, with a 52 week range of $37.85-$62.75.

[johnsyn]

Red Hat Delivers Advanced Tooling and Community Resources to Software DevelopersPrint.8:00 AM 6/26/2012 - Business Wire
Red Hat Enterprise Linux Developer Program with Developer Suite Bridges Development Agility with Production Stability

RALEIGH, N.C. & BOSTON--(BUSINESS WIRE)--Jun. 26, 2012-- Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, today announced it has expanded its Red Hat Enterprise Linux Developer Program with enhancements to its Developer Suite, including a new toolset for software developers worldwide. Through the Red Hat Enterprise Linux Developer Suite, Red Hat delivers the latest, stable open source developer tool versions at an accelerated cadence than that of Red Hat Enterprise Linux. Developers now have access to a robust suite of tools with synchronized availability on Red Hat Enterprise Linux and Red Hat OpenShiftTM, allowing developers to deploy applications freely to either environment.

“For Linux programmers, having ready access to the latest, stable development tools is key to taking advantage of new Linux advancements,” said Jim Totton, vice president and general manager, Platform Business Unit, Red Hat, Inc. “The Red Hat Enterprise Linux Developer Program makes it easy for developers to access industry-leading developer tools, instructional resources and an ecosystem of experts to help Linux programmers maximize productivity in building great Red Hat Enterprise Linux applications.”

Designed for many types of Linux developers, including Independent Software Vendors (ISVs), software solution providers, Systems Integrators (SIs), enterprise, and government software developers, the Red Hat Enterprise Linux Developer Suite enhances developer productivity and improves time to deployment by providing affordable access and updates to essential development tools. The latest, stable tooling can be used to develop applications on Red Hat Enterprise Linux whether on-premise or off-premise in physical, virtual and cloud deployments, and on OpenShift, the leading open Platform-as-a-Service (PaaS).

The Red Hat Enterprise Linux Developer Suite includes:

Red Hat Enterprise Linux, variants, and related Add-On software for development use including Red Hat Enterprise Linux, High-Availability Add-On, Load Balancer Add-On, Resilient Storage Add-On, Scalable File System Add-On, High-Performance Network Add-On, Extended Update Support, and MRG Real Time and Smart Management Add-on.
Red Hat Enterprise Linux Developer toolset, a collection of development tools to create highly scalable applications. Delivered as part of the Developer Suite, Red Hat plans to accelerate the release cadence of these tools to deliver the latest, stable open source developer tool versions on a separate life cycle from Red Hat Enterprise Linux releases.
The first version of the Red Hat Enterprise Linux Developer Suite includes a toolset that makes developing Linux software applications faster and easier by allowing users to compile once and deploy to multiple versions of Red Hat Enterprise Linux. Using the developer toolset, software developers can now develop Linux applications using the latest C and C++ upstream tools. These tools include the latest GNU Compiler Collection (GCC 4.7) with support for C and C++; the latest version of the GNU Project Debugger (GDB 7.4) with improvements to aid the debugging of applications; and the GNU binutils collection of binary developer tools, version 2.22, for the creation and management of Linux applications.

“The velocity of development is as high today as it has ever been, which means that developers are putting a premium on a toolchain that is current from libraries to compiler,” said Stephen O’Grady, Principal Analyst with RedMonk. “With its expanded Red Hat Enterprise Linux Developer Program and toolset, Red Hat aims to provide developers with just that.”

The self-supported Red Hat Enterprise Linux Developer Suite and the Red Hat Enterprise Linux Developer Support Subscriptions are available immediately worldwide. Red Hat customers and partners can join the developer online user group on Red Hat’s award-winning customer portal to access the extensive knowledgebase and recommended practices.

[johnsyn]

I know what you mean on all counts. I use Schwab and they have RHT rated as a "D", but they still get a major thumbs up by a lot of "groups" as big potential. I'll consider adding (or not) when the "world woes" go away.

[Fred Kadiddlehopper]

Glad you got in at a decent level. The opportunities to do that have been rather frequent of late. LOL!
With the volatility here I've been pondering taking a position and selling covered calls in lieu of dividends. Just waiting for my price.

After the euro clouds clear (if ever - LOL) RHT will be poised for take off, IMHO. They are in no way antiquated when it comes to corporate large scale applications and in particular they have a huge foot print in the cloud base arena. On the contrary they are really out front of the pack, IMHO. But still the opportunities for growth are hindered by the overall willingness of companies to make the investments to their computing infrastructure and that is the main concern here. Watching and waiting.
-Fritz

[johnsyn]

I bought at a somewhat decent price, had been putting it off for some time, but finally couldn't resist the price drop one day because of all the trash affecting the market as of late. So I'm still in the green. Personally, I thought Redhat and Linux were antiquidated, but their growth potential keeps on ticking. No divies, so I'm not in deep, just letting it run. GLTY too.