Wednesday, March 28, 2012

Red Hat; Bruker; Trimble Navigation

Red Hat (RHT) reports 4Q'12 results today (Wednesday, 02012.03.28). On Monday, before the markets opened, I wrote: "If the markets get off to a good start this week, then it's possible RHT will make a new 52-week high." Yesterday (02012.03.27), RHT hit a new 52-week of $54.01 before closing at $51.90. Today Wired Enterprise (Wired.com) has a posting titled: "Red Hat Becomes Open Source’s First $1 Billion Baby."

Bruker (BRKR) closed yesterday (02012.03.27) at $15.54. 52-week range: $11.48 - $21.65. Today, FlyOnTheWall.com reported that some firm named Macquarie "initiated" coverage on Bruker with an 'Outperform' rating. Yesterday Bruker issued a press release having the following title: "Bruker Introduces WineScreener™ - a Cost-Effective, Automated and High Throughput Solution for Wine Quality Control and Safety Checks using High-Resolution FT-NMR".

Trimble Navigation (TRMB) hit a new 52-week high of $55.57 yesterday (02012.03.27) before closing at $55.43.

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