RAX News Alert Rackspace Hosting Inc (RAX) 48.24 12/25/2014

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Dec 25, 2014 at 7:12 PM

Rackspace Hosting Inc (RAX) 48.24 $RAX

Rackspace: Blue Harbour's High Hopes
Marshall Hargrave - at Seeking Alpha - Tue Dec 23, 4:03PM CST

RAX: 48.24 (+0.45)

Rackspace Appoints Kevin Costello to Board of Directors
Marketwired - Tue Dec 23, 8:00AM CST
RackspaceÂ® (NYSE: RAX), the #1 managed cloud company, today announced that Kevin Costello has joined the Rackspace board of directors.
RAX: 48.24 (+0.45)

Equinix Seen Gaining From Enterprise Cloud Use
at Investor's Business Daily - Fri Dec 19, 10:37AM CST
Data center operator Equinix (EQIX) will gain in 2015 as more large companies move to cloud computing, analysts say. Equinix has been expanding Cloud Exchange, a new offering designed to help businesses and other enterprise customers access...
T: 33.96 (-0.07), AMZN: 303.03 (-3.26), SWI: 51.47 (+0.16), RAX: 48.24 (+0.45), EQIX: 233.16 (+1.18), IBM: 161.82 (-0.42), AKAM: 64.34 (-0.25), FFIV: 135.11 (+1.17), MSFT: 48.14 (-0.31), VZ: 47.67 (unch), CRM: 60.33 (-0.17)

Rackspace Hosting Shares Up 32.7% Since SmarTrend's Buy Recommendation (RAX)
Comtex SmarTrend(R) - Thu Dec 18, 9:44AM CST
SmarTrend identified an Uptrend for Rackspace Hosting (NYSE:RAX) on October 21st, 2014 at $35.61. In approximately 2 months, Rackspace Hosting has returned 32.68% as of today's recent price of $47.24.
RAX: 48.24 (+0.45)

Baidu Confirms Making an Investment in Uber Technologies - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Thu Dec 18, 9:10AM CST
Baidu (BIDU) announced that it is purchasing a stake in car-hailing app Uber Technologies Inc. in a bid to extend its penetration in local services in China.
RAX: 48.24 (+0.45), BIDU: 230.98 (-2.18), BABA: 105.95 (+0.43), ROVI: 22.96 (+0.04)

Rackspace Cuts Reliance On Intel, Opts For IBM
ValueWalk - at Seeking Alpha - Wed Dec 17, 12:36PM CST
By Aman Jain Intel's (NASDAQ: INTC ) dominance over the server chip market could take a small but meaningful blow from Rackspace Hosting (NYSE: RAX ), which on Tuesday announced it is favoring IBM's (NYSE: IBM ) alternative OpenPower...
RAX: 48.24 (+0.45), IBM: 161.82 (-0.42), INTC: 37.44 (+0.01)

Rackspace Hosting (RAX) Upgraded From Hold to Buy
at The Street - Wed Dec 17, 10:20AM CST
Rackspace Hosting (RAX) has been upgraded by TheStreet Ratings from Hold to Buy with a ratings score of B-.
RAX: 48.24 (+0.45)

3 Best Turnaround Stories of 2014
Motley Fool Staff - Motley Fool - Wed Dec 17, 8:04AM CST
What goes up must come down. And sometimes they bounce back up again. Wall Street is littered with failed turnaround stories, but some ailing businesses do bounce back stronger than before. These three turnaround stories struck our panel of Motley...
KO: 42.94 (-0.03), AMZN: 303.03 (-3.26), MNST: 112.56 (+0.52), RAX: 48.24 (+0.45), TGT: 74.65 (-0.04), GOOGL: 536.93 (-1.84), GOOG: 528.77 (-1.82)

VMware Emulates Red Hat Path With Cloud Foundry Foundation
Dana Blankenhorn - at Seeking Alpha - Tue Dec 16, 8:53AM CST

RAX: 48.24 (+0.45), VMW: 84.23 (+0.28), IBM: 161.82 (-0.42), RHT: 70.92 (+0.47), MSFT: 48.14 (-0.31), INTC: 37.44 (+0.01), HPQ: 40.54 (+0.18)

Microsoft Tops Corporate Cloud Spending List
at Investor's Business Daily - Mon Dec 15, 5:11PM CST
Cloud computing initiatives top the list of corporate information technology spending priorities in the fourth quarter, according to a recent survey by Cowen & Co. The percentage of companies saying the Internet cloud is a high spending priority is...
AMZN: 303.03 (-3.26), RAX: 48.24 (+0.45), VMW: 84.23 (+0.28), RHT: 70.92 (+0.47), GOOGL: 536.93 (-1.84), MSFT: 48.14 (-0.31), HPQ: 40.54 (+0.18), CSCO: 28.30 (+0.05), CTXS: 64.48 (-0.19)

Alaska Airlines, Statoil, Google, 21Vianet Group and Rackspace Hosting highlighted as Zacks Bull and Bear of the Day
PR Newswire - Mon Dec 15, 8:30AM CST
Zacks Equity Research highlights Alaska Airlines Group (NYSE:ALK-Free Report) as the Bull of the Day and Statoil (NYSE:STO-Free Report)as the Bear of the Day. In addition, Zacks Equity Research provides analysis onGoogle (Nasdaq:GOOGL-Free Report), 21Vianet Group, Inc. (Nasdaq:VNET-Free Report) and Rackspace Hosting, Inc. (NYSE:RAX-Free Report).
VNET: 15.89 (+0.03), RAX: 48.24 (+0.45), STO: 18.02 (-0.23)

CenturyLink Acquires Cognilytics to Strengthen IT Offerings - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Dec 12, 5:20PM CST
CenturyLink Inc. (CTL), the third largest wireline service provider in the U.S., is currently on a buying spree. Yesterday, the company announced the acquisition of Cognilytics.
TNAV: 6.53 (+0.13), IQNT: 18.30 (-0.07), RAX: 48.24 (+0.45), CTL: 40.18 (-0.05), RFMD: 16.59 (+0.29)

Akamai Racks Up Revenue Making Cloud Faster And Safer
at Investor's Business Daily - Fri Dec 12, 4:59PM CST
Akamai Technologies, a provider of content delivery network and cloud infrastructure services, is riding a wave of open-ended technology trends to steady growth. As companies and their customers do more business online and via the cloud, demand for...
HD: 103.56 (-0.20), SWI: 51.47 (+0.16), LVLT: 49.66 (+0.46), RAX: 48.24 (+0.45), JPM: 62.48 (unch), EQIX: 233.16 (+1.18), LLNW: 2.80 (unch), AKAM: 64.34 (-0.25), FFIV: 135.11 (+1.17), VZ: 47.67 (unch), AAPL: 112.01 (-0.53)

Rackspace Downgraded As Growth Seen Factored In
at Investor's Business Daily - Fri Dec 12, 4:12PM CST
Rackspace Hosting (RAX), which provides cloud computing and Web hosting services to more than 300,000 business customers around the world, received a downgrade on Friday. Although the San Antonio-based company can expect steady growth as it refocuses...
AMZN: 303.03 (-3.26), RAX: 48.24 (+0.45), IBM: 161.82 (-0.42), GOOGL: 536.93 (-1.84), MSFT: 48.14 (-0.31)

Stocks Stagger Back From Session Lows But Oil Falls Below $58
at The Street - Fri Dec 12, 2:33PM CST
Stocks recovered from session lows but were still battered on Friday as crude oil continued to plummet, falling below $58 a barrel.
AMZN: 303.03 (-3.26), GPRO: 66.41 (+4.87), KSS: 60.46 (-1.08), RAX: 48.24 (+0.45), UTX: 116.91 (-0.30), FB: 80.77 (+0.16), XOM: 93.78 (-0.81), M: 64.26 (+0.22), SSTK: 67.78 (+0.04), WIN: 8.74 (-0.01), SHLD: 32.56 (-0.37), ADBE: 74.74 (+0.36), BP: 38.95 (-0.17), CVX: 113.47 (-0.48), TWTR: 37.61 (+0.04), XLE: 80.13 (-0.59)

Baidu Reportedly Makes an Investment in Uber Technologies - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Fri Dec 12, 2:10PM CST
Baidu Inc. (BIDU) is reportedly buying a minority stake in car-hailing app Uber Technologies Inc. in a bid to extend its penetration in local services in China.
RAX: 48.24 (+0.45), BIDU: 230.98 (-2.18), BABA: 105.95 (+0.43), ROVI: 22.96 (+0.04)

Google Won't Pay Google Tax: Will Spanish Publishers Bleed? - Analyst Blog
Sejuti Banerjea - Zacks Investment Research - Fri Dec 12, 1:36PM CST
A new Spanish law, to go into effect on Dec 16, requires Google to pay for the news snippets displayed on its popular Google News service.
VNET: 15.89 (+0.03), RAX: 48.24 (+0.45), GOOGL: 536.93 (-1.84), ROVI: 22.96 (+0.04)

Stocks Sink as No Bottom Is in Sight for Crude Oil Prices
at The Street - Fri Dec 12, 9:27AM CST
Crude oil resumes its selloff on Friday, crushed by market fears that oversupply will further decimate the commodity's value in the face of tepid global demand.
GPRO: 66.41 (+4.87), RAX: 48.24 (+0.45), SEAS: 17.40 (-0.18), UTX: 116.91 (-0.30), ADBE: 74.74 (+0.36)

Rackspace Hosting (RAX) Downgraded at D.A. Davidson Today
at The Street - Fri Dec 12, 8:36AM CST
Rackspace Hosting (RAX) was downgraded to 'underperform' from 'neutral' at D.A. Davidson.
RAX: 48.24 (+0.45)

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