Red Hat shares should be bought, says Oppenheimer Oppenheimer believes that Red Hat reported strong results, and the firm thinks that sentiment towards the company has already bottomed. Oppenheimer believes the company has several positive FY15 catalysts, and contends that the company is in "a renaissance." It keeps an Outperform rating on the shares.
Red Hat announces OpenStack shared file system service Red Hat announced a technology preview of Red Hat Gluster Storage with capabilities from the OpenStack community’s new Manila project. Expanding the options for hybrid cloud storage, Red Hat Gluster Storage now provides enterprises with a scale-out shared file system service for OpenStack cloud infrastructures.
Credit Suisse to hold a conference 4th Annual Disruptive Technology Conference is being held in San Francisco on May 13-14 with webcasted company presentations to begin on May 13 at 10:35 am; not all company presentations may be webcasted. Webcast Link