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Stock Market & Financial Investment News

News Breaks
November 15, 2012
13:52 EDTAKAMAkamai postpones meeting in unusual move, Forbes says
In addition to affirming it prior Q4 guidance, Akamai Technologies (AKAM) announced yesterday it will postpone a December meeting with analysts and will pick a new date after the company selects and transitions a new CEO, reported Forbes. The story's author, Eric Savitz, lists several questions left unanswered by the company's "weird" decision, including potential implications for its current CEO and on the search for his successor. Reference Link
News For AKAM From The Last 14 Days
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July 24, 2014
07:58 EDTAKAMAkamai upgraded to Outperform from Neutral at Macquarie
Macquarie upgraded Akamai to Outperform based on revised 2H consensus margin forecasts and meetings with CDN competitors. The upgrade is not a call on the Q2 report but a longer-term call that media delivery revenue growth could grow in the mid-teens for the next few years driven by increased volumes from HD sporting and other content. Price target raised to $70 from $59.
July 10, 2014
08:24 EDTAKAMAkamai benefiting from current trends, says Oppenheimer
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