Red Hat trends remain favorable, says Oppenheimer After surveying Red Hat customers at the company's Summit conference last month, Oppenheimer believes that the company's secular trends remain favorable while demand for its products appear healthy. The firm thinks that Red Hat's valuation remains attractive, and it reiterates 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