Red Hat, Inc. (NYSE:RHT), the world’s leading provider of open source solutions, announced an expansion of the company’s strategic alliance with SAP AG to make it easier for customers to adopt and run the SAP® Data Management portfolio, including the SAP HANA® platform, SAP Adaptive Server® Enterprise (SAP ASE), SAP IQ software, and the SAP SQL Anywhere® suite on Red Hat’s open source solutions. The expanded collaboration is expected to enable real-time, in-memory innovation by providing an open, scalable, integrated and highly-available platform for solutions from SAP along with those that are custom-built in an effort to expand customer choice when it comes to fueling business performance and helping enterprises realize increased value from cloud computing and big data. Red Hat Inc (NYSE:RHT) net profit margin is 11.60% and weekly performance is -1.61%. On last trading day company shares ended up $49.99. Analysts mean target price for the company is $64.37. Red Hat Inc (NYSE:RHT) distance from 50-day simple moving average (SMA50) is -1.50%.
Tthe ubiquitous K-cup coffee giant Keurig Green Mountain Inc (NASDAQ:GMCR) has garnered big money from top funds. Keurig Green Mountain Inc (NASDAQ:GMCR) shares fell -1.09% in last trading session and ended the day on $112.65. Gross Margin is 37.90% and its return on assets is 14.10%. Keurig Green Mountain Inc (NASDAQ:GMCR) quarterly performance is 3.95%.
The coffee giant Starbucks Corporation (NASDAQ:SBUX) is now coming up with lunch and Dinner menus into its cafés. Starbucks has officially announced the opening of the fast casual restaurant La Boulange in Los Angeles by June 12. Starbucks Corporation (NASDAQ:SBUX) shares moved up 0.45% in last trading session and was closed at $74.18, while trading in range of $73.58 – $74.35. Starbucks Corporation (NASDAQ:SBUX) year to date (YTD) performance is -4.67%.
Groupon Inc (NYSE:GRPN) on June 2 launched its Father’s Day Gift Shop at http://www.groupon.com/fathers-day, complete with fishing trips, tools, restaurant deals, electronics and a contest to win a trip to Ireland to enjoy the majesty and lush landscape of the Emerald Isle and tour a world-famous brewery. Groupon Inc (NASDAQ:GRPN) ended the last trading day at $5.59. Company weekly volatility is calculated as 4.51% and price to cash ratio as 3.68. Groupon Inc (NASDAQ:GRPN) showed a negative weekly performance of -10.69%.
Elon Musk, chief executive officer of Tesla Motors Inc said the electric car manufacturer will pick the final site for its proposed $5 billion gigafactory until the end of 2014. Musk also emphasized that the electric manufacturer’s plans for the gigafactory are “quite advanced. He added that Panasonic Corporation (ADR) (OTCMKTS:PCRFY), its primary battery supplier is actively involved with the project and conducts daily discussion with Tesla Motors Inc (NASDAQ:TSLA). Panasonic Corporation (ADR) (OTCMKTS:PCRFY) On last trading day company shares ended up $11.01 .
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