|Bid||176.11 x 1300|
|Ask||176.50 x 900|
|Day's Range||176.25 - 177.26|
|52 Week Range||115.31 - 179.49|
|Beta (3Y Monthly)||0.22|
|PE Ratio (TTM)||115.51|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
A whopping number of 13F filings filed with U.S. Securities and Exchange Commission has been processed by Insider Monkey so that individual investors can look at the overall hedge fund sentiment towards the stocks included in their watchlists. These freshly-submitted public filings disclose money managers’ equity positions as of the end of the three-month period […]
If you're putting hours and hours into your fantasy football draft, the waiver wire and matchup prep, you could be using the same set of skills to invest in the stock market.
Red Hat's (RHT) third-quarter fiscal 2019 earnings are likely to benefit from robust traction of OpenShift and Ansible, and strong cross-selling, driven by an expanding partner base.
IBM’s pursuit of Red Hat came down to the wire, as a proxy statement filed this week shows three other suitors were in discussions with the Raleigh company – just days before the deal press release went out.
“Merger arbitrage” funds buy shares of a target company in a publicly announced acquisition, and short the stocks of the acquiring company.
Red Hat (RHT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Earlier this year, Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) sold its entire International Business Machines (IBM) stake. After acknowledging his calculations on IBM were flawed in mid-2017, Warren Buffett ( Trades , Portfolio ) finally directed Berkshire to exit its investment in the company. At its peak investment in the tech company, the conglomerate held somewhere near $12 billion worth of IBM shares.
SAP SE (SAP) is acquiring Qualtrics International for $8.0 billion. If all goes according to plan, the transaction is expected to close in the first quarter of 2019.
IBM Corporation (IBM) reported a YoY (year-over-year) fall in its third-quarter revenue and fell short of the consensus estimate, triggering a sell-off in its stock. IBM’s deal to acquire open-source software company Red Hat (RHT) for $34 billion also elicited mixed reactions, with some wondering whether IBM was overpaying for the deal.
According to background documents about the merger filed by Red Hat on Friday, IBM threatened to walk away if Red Hat demanded a “regulatory termination fee” that would be payable by IBM if the deal failed to win the necessary government approvals. Red Hat ultimately decided not to seek such a fee.
In October, IBM (IBM) shocked the world by acquiring Red Hat (RHT) for $34 billion, marking its largest acquisition to date. But why did IBM shell out so much money? The answer lies in IBM’s desire to compete in the cloud service market, especially the hybrid cloud market. Red Hat, a cloud service and open-source software company, is also a leading provider of Linux operating systems.
Value stocks are poised for a nice rebound on Wednesday thanks to positive headlines around a possible trade deal with China as well as some dovishness form Federal Reserve Board Chair Jerome Powell. Specifically, traders are looking for indications the Fed will halt its rate hike campaign in 2019 to allow the economy and financial markets to adjust to the steady tightening of credit since 2015. The disconnect can be seen in the way the futures market has only penciled in two further quarter-point hikes in 2019 while the Fed is looking for four.
A month after IBM announced its $34 billion buy of Raleigh’s Red Hat, the open-source firm is making a cloud deal of its own.
Red Hat is in the process of being acquired by IBM for a massive $34 billion, but that deal hasn't closed yet and in the meantime, Red Hat is still running independently and making its own acquisitions, too. As the company today announced, it has acquired Tel Aviv-based NooBaa, an early state startup that helps enterprises manage their data more easily and access their various data providers through a single API. NooBaa's technology makes it a good fit for Red Hat, which has recently emphasized its ability to help enterprise more effectively manage their hybrid and multicloud deployments.
If there was a silver lining to today's market plunge, it's that the worse things get, the more likely it is the Federal Reserve will do the right thing. First, Cramer said that when stocks collapse and people lose money, they spend less. Second, oil prices continue to fall, which is incredibly deflationary.
IBM stock touched a nine-year low at one point before a modest rebound. At the end of October, IBM agreed to acquire Red Hat (NYSE:RHT) for $34 billion in cash, an acquisition the market appears to dislike. Neither stock, of course, has seen declines like that of International Business Machines stock.
Amazon (AMZN) and Cisco Systems (CSCO) recently announced their agreement to collaborate on a hybrid cloud computing program. Hybrid cloud technology appeals to businesses and organizations that aren’t sold on the idea of running their data or applications entirely on remote servers.
A company formed by two longtime self-driving car engineers is seeking to make the open-source software that powers many experimental self-driving cars safe and reliable enough to be used in commercially available vehicles. Palo Alto, California-based Apex.AI was founded by Jan Becker and Dejan Pangercic, veterans from automotive technology supplier Bosch Corp [ROBSCJ.UL]. Apex.AI publicly unveiled its efforts on Thursday and said it had raised $15.5 million in venture capital funding from Canaan Partners and Lightspeed Venture Partners.