Red Hat News and More on the Negative Results
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Docker may consider Red Hat one of its biggest rivals, but the feeling isn’t mutual
Red Hat remains one of the longest-running successes in open-source enterprise software, and while it might be facing upstarts from new places, it remains positioned to cash in on a wave of IT modernization among technology laggards.
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Just last week, Docker CEO Steve Singh touted his company’s march toward triple-digit millions in bookings, which is an imperfect measure of software revenue but isn’t meaningless, either. He cited Red Hat and Pivotal as his company’s biggest competitors, and while that didn’t surprise Whitehurst, he suggested Docker had a ways to go before it was truly threatening his company’s OpenShift container-management business.
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Disrupt or be disrupted: 3 trends enabling next-level IT agility
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Does Red Hat Inc’s (NYSE:RHT) PE Ratio Signal A Selling Opportunity?
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Red Hat (RHT) Removed from JPMorgan Analyst Focus List
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Brokerages Set Red Hat Inc (RHT) Price Target at $156.25
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Red Hat, Inc. (RHT): Checking the Operational Data
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Red Hat Q1 solid, but currency dings outlook
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Red Hat sinks as currency swings cloud full-year sales outlook
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Red Hat Stock Sinks After Hours on Weak Guidance
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Cramer Remix: It was the hottest group in the market until Red Hat reported
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Stocks making biggest moves after hours: Red Hat, Commercial Metals and more
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Red Hat's cloudy forecast sends shares down 12 percent
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Red Hat To Buy Back Up To $1 Bln Shares
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