Posts tagged “Local Firms”

7:43 a.m. yesterday

Red Hat CEO's compensation falls to $11.1M in 2016

The chief executive officer of business software company Red Hat received $11.1 million in total compensation in its 2017 fiscal year, according to a securities filing.

Jim Whitehurst Jim Whitehurst

Tags: Red Hat
6:51 a.m. Thursday

Premium Lock Report: QuintilesIMS looking to sell contract sales business

QuintilesIMS   Life science QuintilesIMS is looking to sell its contract sales business for around $1 billion, according to a report.

Updated 3:55 p.m. Wednesday

Premium Lock Bulls on the run: Wall Street analysts, investors rush to Red Hat

Bullish     Tuesday evening, Red Hat beat the Street. And so began the night of the red-hot Hatters. Starting at 3:55 a.m. Wednesday, Wall Street analysts began jumping on the Red Hat bandwagon just hours after investors drove up Hatter shares by 10 percent. By noon Wednesday, 13 different analysts had either raised their target prices for Red Hat or upgraded the stock to "Buy."

Tags: Red Hat
9:30 a.m. Wednesday

Premium Lock Inside Red Hat: Cloud, Linux success fuel red-hot growth

Red Hat Analysis: Red Hat beat Wall Street expectations for revenue and profits in its latest earnings report Tuesday, sending the stock toward its all-time high of $105. What's fueling the growth? Here's an analyst's view.

Tags: Red Hat
Updated 7:25 a.m. Wednesday

Red Hat beats Street, shares surge to nearly $100

Red Hat, a global leader in Open Source Linux software and services as well as various cloud technologies, beats Wall Street expectations in both earnings and revenue. The news late Tuesday sent Hatters' shares up immediately to nearly $100. Red Hat shares haven't topped $100 since Dec 1999 shortly after the company went public. Driving the growth: Cloud.

Red Hat's tower in Raleigh  Red Hat's tower in Raleigh

Tags: Linux, Red Hat
Updated 6:57 a.m. Wednesday

Premium Lock 'Lenovo Transform:' Tech giant offers PCs as a Service - no up-front hardware costs + Video

Lenovo, which is battling HP for the No. 1 PC seller around the globe, is rolling out PCs as a Service through which customers pay a fixed monthly fee in exchange for the latest hardware, upgrades and services.

7:11 a.m. Tuesday

Premium Lock In a short filing, GSK confirms deal for new pharma CEO

GSK's HQ in London               GlaxoSmithKline will have a new head of pharmaceutical operations as of Sept. 4 after settling a dispute with rival AstraZeneca over the poaching of one of its top executives.

1:53 p.m. Monday

Duke Energy picks Alamance, Chatham, Cumberland, Franklin, Johnston sites for economic development program

Duke Energy Sites in Alamance, Chatham, Cumberland, Franklin and Johnston counties are among six as selected for Duke Energy's economic development program known as "Site readiness."

7:34 a.m. Monday

Premium Lock Lenovo flexes supercomputer muscles in climb up Top 500 list; US out of top 3

Lenovo continues to climb the list for the world's top supercomputers in sales and performance with its latest machine hitting No. 13 on the global Top 500 list. Meanwhile, the U.S. drops out of the top 3 spots for only the second time in the annual report that dates back 49 years.

No. 1 supercomputer No. 1 supercomputer

6:13 a.m. Monday

WTW's week in review: 54 headlines not to be missed, part three

Week in review Here's a look back at technology, life science and other related news as reported in WRAL TechWire over this past week, part two.

6:08 a.m. Monday

WTW's week in review: 54 headlines not to be missed, part one

Week in review Here's a look back at technology, life science and other related news as reported in WRAL TechWire for this past week, part one.

Updated June 16

Novo Nordisk tops off $2B expansion in Clayton

Novo Nordisk employees in Johnston County signed their names early Friday to the beam that will top off an expansion for the pharmaceutical company and will add about 700 jobs to their ranks.

Updated June 16

Premium Lock Exclusive: Former Lenovo exec Tom Looney talks apprenticeships, giving back

Tom Looney, the retired senior executive at Lenoovo who championed bringing business to North Carolina, is in his latest career seeking to boost the state through apprenticeships for Wake Tech Community College at area employers. In an exclusive Q&A, Looney talks about giving back and how apprenticeships could help address a growing need for skilled workers.

Tom Looney Tom Looney

Updated June 15

Premium Lock What impact will Huawei's PC move have on Lenovo, other rivals?

Lenovo         As Huawei gears up for its global PC push, what will the impact be on Lenovo and other rivals? Technology Business Research Analyst Jack Narcotta takes a look.

Updated June 15

Premium Lock Huawei rises a 'potent competitor' in new threat to Lenovo (+ video)

Huawei, like Lenovo born in China, is emerging as a new threat in the world's PC business where Lenovo leads or shares the top spot with HP. Huawei is expanding its high-tech footprint with a push into personal computers, and Technology Business Research sees the firm as a "potent competitor."

Updated June 14

Premium Lock LabCorp's Covance to open 37,000 SF lab in Morrisville targeting precision medicine, will likely add jobs

LabCorp   LabCorp's Covance Drug Development group will open a diagnostics lab in Morrisville that will focus on development of precision medicines. Plus: What the lab will include.

June 14

Duke Energy provides $2.7M for STEM, other programs

STEM education news  Duke Energy is charging up summertime education programs, including numerous ones focusing on STEM and work force development, with $2.7 million in grants.

Updated June 14

Premium Lock Hatters of Arabia: Saudi university, Red Hat set up academy; Plus: Top innovator is ....

Red Hat Red Hat, which recently opened its third Innovation Lab in Europe, is opening a Red Hat Academy in Saudi Arabia. In other news: Red Hat's Innovator of the Year award goes to ...

June 13

Premium Lock Epic Games readies post-apocalyptic Fortnite for launch (+ video)

It's been six years since Epic first announced Fortnite, a free-to-play third-person action building game that pits a group of four gamers against a horde of invading monsters in a post-apocalyptic world. Launch day is finally at hand.

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