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Stock Market & Financial Investment News

News Breaks
March 6, 2013
07:28 EDTVZ, RAX, INXN, AKAM, CY, LVLT, INAP, T, LLNW, CALLOppenheimer to host a conference
6th Annual Cloud Computing Services 1:1 Conference is being held in New York on March 6.
News For AKAM;CALL;INAP;INXN;LLNW;LVLT;RAX;T;CY;VZ From The Last 14 Days
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May 12, 2015
07:09 EDTVZAOL CEO says will 'certainly' buy Verizon stock
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07:08 EDTVZAOL CEO says company has 'shared vision' with Verizon
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07:06 EDTVZAOL volatility elevated into Verizon acquiring for $4.4B
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07:03 EDTVZVerizon to acquire AOL for $50 per share, an estimated total value of $4.4B
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07:01 EDTVZVerizon to acquire AOL for $50 per share, an estimated total value of $4.4B
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07:01 EDTVZVerizon to acquire AOL for $50 per share, or $4.4B
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06:40 EDTVZVerizon downgraded to Underperform from Neutral at Macquarie
Macquarie downgraded Verizon to Underperform with a $45 price target to reflect a weaker 2016 and 2017 earnings outlook. The firm's analyst believes management has made a series of questionable strategic moves beginning with the Vodafone deal that will depress earnings. Recent advertising promotions are likely to pressure 2015 margins and ARPU and LTE capacity issues are expected in certain markets later in the year. Macquarie is surprised Verizon shares have held in around $50 with treasury yields rising and increasing Q2 promotions and does not believe this is sustainable ahead of a reset in consensus estimates.
06:10 EDTRAX, RAXRackspace downgraded to Outperform from Buy at CLSA
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06:10 EDTRAXRackspace downgraded to Equal Weight from Overweight at Morgan Stanley
May 11, 2015
19:15 EDTRAX, CALLOn The Fly: After Hours Movers
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17:18 EDTCALLmagicJack reports Q1 EPS 31c vs. 45c last year
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16:04 EDTRAXRackspace sees Q2 revenue growth 1.5%-2.5% at constant currency
The company said, "For the second quarter of 2015, Rackspace expects revenue to grow between 1.5 percent and 2.5 percent on a constant currency basis and adjusted EBITDA margins to be between 32 percent and 34 percent."
16:03 EDTRAXRackspace reports Q1 EPS 20c, consensus 20c
Reports Q1 revenue $480.2M, consensus $481.57M.
15:00 EDTRAXNotable companies reporting after market close
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14:24 EDTVZFrontier announces HSR clearance for acquisition of certain Verizon assets
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12:06 EDTTAT&T appoints Jeffrey Lewis Chief Accessibility Officer
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11:16 EDTRAXRackspace volatility increases into Q1 and outlook
Rackspace May call option implied volatility is at 92, June is at 40, September is at 39; compared to its 90-day average of 37, suggesting large near term price movement into the expected release of Q1 results today.
09:49 EDTINXNInterXion could become takeover target, Ben Harrington says
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06:05 EDTVZSpherix issued standard-essential patent by USPTO
Spherix (SPEX) announced that the United States Patent & Trademark Office, or USPTO, is issuing the company another standard-essential patent. The company has received from the USPTO an issue notification for patent RE45521, set to issue on May 19. This patent is part of the same family of standard-essential patents currently being litigated against both Cisco (CSCO) and Verizon (VZ). The patented technology relates to the transmittal of data over a network and further enhances the company's existing portfolio.
May 10, 2015
18:05 EDTTFCC contract ruling may speed review of AT&T-DirecTV merger, WSJ says
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