On Friday, Red Hat Inc (NYSE:RHT)’s shares declined -0.33% to $72.92.
Red Hat, Inc. (RHT), the world’s leading provider of open source solutions, declared financial results for the second quarter of fiscal year 2016 ended August 31, 2015.
Revenue: Total revenue for the quarter was $504 million, up 13% in U.S. dollars year-over-year, or 21% measured in constant currency. Subscription revenue for the quarter was $442 million, up 13% in U.S. dollars year-over-year, or 21% measured in constant currency.
Subscription Revenue Breakout: Subscription revenue in Infrastructure-related offerings for the quarter was $363 million, an enhance of 9% in U.S. dollars year-over-year and 17% measured in constant currency. Subscription revenue in Application Development-related and other emerging technologies offerings for the quarter was $79 million, an enhance of 37% in U.S. dollars year-over-year and 48% measured in constant currency.
Red Hat, Inc. provides open source software solutions to enterprise customers worldwide. It develops and offers operating system, virtualization, middleware, storage, and cloud technologies.
CarMax, Inc (NYSE:KMX)’s shares gained 1.12% to $59.73.
CarMax, Inc. (KMX), the nation’s largest retailer of used cars and one of FORTUNE magazine’s “100 Best Companies to Work For” for 11 successive years, is recruiting for more than 2,000 positions in locations across the country. The company is growing and offers a variety of careers. The majority of open positions are in service operations (detailers, practiced technicians) and sales, with additional positions in purchasing and the business office. Positions range from full and part-time, with day and evening shifts accessible.
CarMax, Inc., through its auxiliaries, operates as a retailer of used vehicles in the United States. The company operates in two segments, CarMax Sales Operations and CarMax Auto Finance.
At the end of Friday’s trade, First Majestic Silver Corp (NYSE:AG)‘s shares dipped -1.82% to $3.23.
First Majestic Silver Corp.(AG) and SilverCrest Mines Inc declared that shareholders of both companies have voted in favour of the necessary resolutions in respect of the formerly declared arrangement among First Majestic, SilverCrest and SilverCrest Metals Inc..
The Arrangement was approved by about 93.2% of votes cast by SilverCrest shareholders and 92.4% of votes cast by disinterested shareholders. The issuance of common shares of First Majestic as consideration under the Arrangement was approved by about 98.6% of votes cast by First Majestic shareholders. The stock option plan of New SilverCrest, a new company created as part of the Arrangement, also received approval of about 88.3% of votes cast by SilverCrest shareholders. A copy of the complete report on voting for each of SilverCrest and First Majestic will be made accessible on SEDAR and EDGAR.
The Arrangement is predictable to close on October 1, 2015, subject to applicable regulatory approvals and the satisfaction of other customary conditions.
First Majestic Silver Corp. engages in the acquisition, exploration, development, and production of mineral properties with a focus on silver projects in Mexico. The company owns and operates five producing mines, counting the La Encantada silver mine in Coahuila State, the La Parrilla silver mine in Durango State, the Del Toro silver mine in Zacatecas State, the San Martin silver mine in Jalisco State, and the La Guitarra silver mine in Mexico State.
Koninklijke Philips NV (ADR) (NYSE:PHG), ended its Friday’s trading session with -0.04% loss, and closed at $23.69.
Royal Philips (NYSE: PHG), the global leader in lighting, recently, in partnership with The Climate Group, called on every single city and utility around the world to plan the switch of their street lighting to LED by 2025. During the annual Climate Week NYC proceedings in New York, Philips supported the launch of The Climate Group’s new major global campaign – “LED Lower Emissions Delivered” – to encourage local governments, cities and utilities to embrace the carbon and cost benefits of switching to LED.
Koninklijke Philips N.V. engages in healthcare, consumer lifestyle, and lighting businesses worldwide. It provides various integrated clinical solutions, counting radiation oncology and portfolio administration; computed tomography, magnetic resonance imaging, and molecular imaging products; digital X-ray and mammography products; interventional X-ray products in cardiology, radiology, surgery, and other areas; and ultrasound products.
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