September 25, 2009

Red Hat Rocks as RIM, Stocks Drop

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Red Hat was a rare bright spot for the stock market on Thursday, but a disappointing sales report from Research in Motion after the bell could make Friday another tough day for stocks.

RIM reported quarterly sales that were below Wall Street expectations after the market closed, and the company's new subscribers, BlackBerry shipments and current quarter revenue outlook also were weaker than expected...

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