Tag Archives: msft

Red Hat Could Follow Q3 Beat With A Strong Q4

Red Hat (RHT) might be looking at an encore. The enterprise software company could post a strong fiscal Q4 after the market close Wednesday. Such a report would follow its Q3 beat in December, which sent the stock rising nearly 11%. Red Hat is best known as the No. 1 provider of open-source Linux-based operating system software and related services. Companies migrating from older Unix-based systems and Microsoft (MSFT) Windows systems use Linux.

Microsoft Beats Apple In Cash, Short-Term Investments

If cash is king, then Microsoft (MSFT) wears the crown. Among companies in the S&P 500, Microsoft had the highest amount of cash and short-term marketable securities as of the end of Q4, to the tune of $90.25 billion, reports FactSet Research. General Electric (GE) is close behind Microsoft, followed by Google (GOOGL) and Cisco Systems (CSCO). Cash and short-term investments among all companies in the S&P 500 is at a record high $1.43 trillion.