Red Hat, Inc. (NYSE: RHT), the world’s leading provider of open source solutions, and eNovance, a global leader in the open source cloud computing market, announced a new collaboration to drive Network Functions Virtualization (NFV) and telecommunications innovations into OpenStack. The upstream alliance is aimed at delivering the industry?s most complete, carrier-grade telecommunications offering based on Linux, Kernel-based Virtual Machine (KVM), and OpenStack. Red Hat Inc. (NYSE:RHT) net profit margin is 11.60% and weekly performance is 0.85%. On last trading day company shares ended up $49.73. Analysts mean target price for the company is $64.45. Red Hat Inc. (NYSE:RHT) distance from 50-day simple moving average (SMA50) is -4.79%.
EMC Corporation (NYSE:EMC) Insider William F. Scannell sold 75,000 shares of the company’s stock on the open market in a transaction dated Friday, May 16th. The stock was sold at an average price of $26.24, for a total transaction of $1,968,000.00. Following the completion of the transaction, the insider now directly owns 705,491 shares of the company’s stock, valued at approximately $18,512,084. EMC Corporation (NYSE:EMC) shares fell -0.30% in last trading session and ended the day on $26.28. EMC gross Margin is 62.30% and its return on assets is 6.00%.EMC Corporation (NYSE:EMC) quarterly performance is 4.45%.
The gross profit margin of NetApp Inc. (NASDAQ:NTAP) is high, which is at present 67.45%. The gross profit margin increased from the previous year. However, the net profit margin of the company is just 11.93%, and this is below the industry average. NetApp Inc. (NASDAQ:NTAP) shares moved down -0.99% in last trading session and was closed at $33.95, while trading in range of $33.66 – $34.25. NetApp Inc. (NASDAQ:NTAP) year to date (YTD) performance is -16.83%.
Symantec Corporation (NASDAQ:SYMC) has also announced its roadmap of new solutions that are aimed at providing what the company has now been tagged as the Advanced Threat Protection. Symantec Corporation (NASDAQ:SYMC) ended the last trading day at $22.09. Company weekly volatility is calculated as 2.52% and price to cash ratio as 3.74.Symantec Corporation (NASDAQ:SYMC) showed a positive weekly performance of 3.95%.
EXTENDICARE INC. (OTCMKTS:EXETF) Revenue of $528.2 million in Q1 2014 included a $2.7 million increase in same-facility operations over Q1 2013. On last trading day company shares ended up $6.43.
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