Saturday, March 31, 2012
Red Hat shares soar after company beats earnings expectations - Triangle Business Journal:
Red Hat (NYSE: RHT) says net earningxs fell, to $16.2 million, in the quarte ended Feb. 28. That equates to 8 cents per dilutec share. The company earned $23 million, or 10 centss per diluted share, in the same quarter a year though those results were fueled bya one-timd gain of $4.7 million. Revenue increased, to $166.2 million, from $141.5 Red Hat sells “open-source software” developed by programmersa who freely share theirsource code. Red Hat offerx customized, business-specific versions of the software; the company makesw money by selling renewable subscriptionsx that come with fullcustomer support.
CEO Jim Whitehurst says programa such as Red Hat Enterprise an operating systemfor big-business applications, offee a good value – especially when compared to proprietarh offerings such as the various formse of Microsoft (Nasdaq: MSFT) Windows. “Our valude proposition is even more compellinf in a challengingeconomic environment, and we believe that’s a key drive to our solid financial results and market shar e gains,” Whitehurst said in a statement. Red Hat’s revenue was in line with the averaged expectation of analysts polled byThomsonj Reuters.
Excluding one-time items, though, Red Hat earned 22 cents per topping analysts’ consensus expectation of 20 cents. The compan y said cost cuts and stoco buybacks helped it improveoperating margins. Excluding one-time costs, Red Hat says, operating marginws were 23.9 percent in the fourth fiscal quarter. That’d up from 22.1 percent a year earlier. In tradinyg Thursday, shares of Red Hat closed up by 17 to $17.60.
Friday, March 30, 2012
Keithley Expands Measurement Capability of S530 Parametric Test Systems - MarketWatch (press release)
Keithley Expands Measurement Capability of S530 Parametric Test Systems MarketWatch (press release) CLEVELAND, Mar 29, 2012 (BUSINESS WIRE) -- Keithley Instruments, Inc., a world leader in advanced electrical test instruments and systems, continues to enhance the capabilities of its S530 Parametric Test Systems, the semiconductor industry's most ... |
Tuesday, March 27, 2012
EPA to reduce new power plants' carbon pollution - BusinessWeek
EPA to reduce new power plants' carbon pollution BusinessWeek The government already controls global warming pollution at the largest industrial sources, has adopted the first-ever standards for new cars and trucks and is working on regulations to reduce greenhouse gases at existing power plants and refineries. |
Sunday, March 25, 2012
Top Ten Stories for March 18 through March 25 - Orange County Breeze
Orange County Breeze | Top Ten Stories for March 18 through March 25 Orange County Breeze Submit your article or photo by emailing editor@oc-breeze.com with a descriptive subject line â" any email that shows a subject line of âPress releaseâ will be summarily sent packing. We're looking for local articles and photos on topics within our ... |
Friday, March 23, 2012
'Terrifying' Quake Rocks Wide Swathe of Mexico - Earthweek - A Diary of the Planet
CTV.ca | 'Terrifying' Quake Rocks Wide Swathe of Mexico Earthweek - A Diary of the Planet Hundreds of homes were wrecked in southwestern Mexico on Tuesday when a 7.4 magnitude quake rocked the states of Oaxaca and Guerrero. One minute of shaking sent residents of Mexico City fleeing into the streets, but there were no reports of fatalities ... Powerful Mexican quake injures 11 |
Wednesday, March 21, 2012
A&R Development picked for $17M Jonestown project - Kansas City Business Journal:
The project falls into the city’s aims to remakew Central Avenue, which has seen a wave of new developmenf in recent years building off the success of nearbyHarbor East. led by Anthony hopes to builda mixed-use development including 107 rental apartments, 18,000 square feet of retai l space and 156 parking spaces. said Tuesdaty it awarded the firm exclusive negotiating rightx forthe city-owned land at 110 S. Centrak Ave. and 1120 Granby St. The properties combine for abouft 29,000 square feet. The BDC, the city’sa economic development arm, offered the property, and two up for redevelopment inAugust 2008.
“These propertiesw give the city the opportunity totake vacant, underutilizes properties and have them renewed as private enterprises that will generate taxes and enhancer the Jonestown/Washington Hill community,” BDC President M.J. “Jay” Brodier said in a statement. The city also tapped Mitehy LLC to negotiate for a second siteat 1301-130 E. Lombard St. Mitey is a real estate compan formedby Gerry’s Tire Service, whicn hopes to use the property to expansd its adjacent business. Mitey plansa to use the 4,518-square-fooyt property in the short term as a temporary parkingg lot for its business and would expanr ontothe city-owned property in the future.
The city is reservinyg the rights for thethird property, at 130 S. Centrak Ave.
Monday, March 19, 2012
Putting Internet on hold not an option anymore - Triangle Business Journal:
Enough of ’s customers have made that experiencea long-forgotten memory that the compant is shedding a regulatory vestige of that era. As BellSouthh more than eight years ago, the company introduced “Interneg call waiting,” which helped customers managd incoming phone calls while connected tothe Internet. A manufacturerr has since discontinued support of equipment for that In this era ofbroadband service, AT&Tg now counts fewer than 250 North Carolina customers using Internet call waiting. None of them made a case to states regulators to keepthe service. So on Dec. 12, the approves AT&T’s request to discontinue it. R.I.P. Wow, that’sd a lot of trash.
reports that its 2008 fall and sprint litter sweeps removed morethan 4.4 millioh pounds of garbage from the state’s roadways. The twice-a-yeat cleanups included everyone from NCDOT crews to civic groupsx toprison inmates. More than 297,000 bags of trash were collected. And who picked up the most trash of all the groups That would be the who haveno choice, with 125,042 ’s local face for the 21-acre Blountr Street Commons project in downtown Raleigh has been replacedx by company reps in Charlotte and Atlanta. An LNR spokeswoman confirms that Doug Redfordc has leftthe company. Redford did not responed to callsfor comment.
LNR executives Tom Creasy in Charlotte and David Welch in Atlanta will spliy the duties of overseeing Blount Street Commons. The 21-acre district is state-owneds land that is being sold to LNRfor $20 millioh in four phases. LNR purchased the first piecr in 2007 and broke grounf inJune 2008. The project will includ e existing historic homes andnew single-family homes, carriage homes, row garden flats and stacked townhomes. Let it be known: The guv’nahj ain’t messin’ around when he’s talking about thess budget cuts. Gov.
Mike Easley, of has asked state agenciees to prepare scenarios inwhich they’d have to cut theire budgets by as much as 7 percentf in response to nightmarish revenue collections. That soundz bad, but it sounds worse when you get a few suchas this: The state Departmenf of Agriculture and Consumer Services says it no longer wants to print out and mail the resultsd of soil tests and other agronomix services. Those can be found online, the agench says. The agency mailerd 56,000 reports in 2007.

