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Stock Market & Financial Investment News

News Breaks
February 17, 2013
16:35 EDTEQIX, RAXEquinix, Rackspace look overpriced, Barron's reports
Equinix (EQIX) and Rackspace (RAX) are over-valued based on reported earnings, when compared to investment cost, Barron's contends in its Technology Trader column. Reference Link
News For EQIX;RAX From The Last 14 Days
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July 24, 2014
10:03 EDTEQIXOn The Fly: Analyst Downgrade Summary
Today's noteworthy initiations include: CECO Environmental (CECE) initiated with a Buy at Canaccord... CorMedix (CRMD) initiated with a Buy at Roth Capital... CyrusOne (CONE) initiated with an Equal Weight at Barclays... Dangdang (DANG) initiated with a Buy at Citigroup... Equinix (EQIX) initiated with an Equal Weight at Barclays... FactSet (FDS) initiated with a Buy at Jefferies... JMP Group (JMP) initiated with an Outperform at Barrington... Markit (MRKT) initiated with a Hold at Jefferies... Thomson Reuters (TRI) initiated with a Hold at Jefferies... Wheeler REIT (WHLR) initiated with a Buy at Maxim... Zafgen (ZFGN) initiated with an Outperform at Leerink.
05:33 EDTEQIXEquinix initiated with an Equal Weight at Barclays
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July 22, 2014
11:10 EDTEQIXNetflix EU expansion modestly positive for Equinix, InterXion, says Wells Fargo
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July 21, 2014
07:15 EDTRAXO'Reilly to hold a conference
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July 15, 2014
11:07 EDTRAXRackspace new cloud pricing a differentiator, says Wells Fargo
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09:12 EDTRAXRackspace introduces new service-based pricing model
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08:37 EDTEQIXEquinix and NetApp expand cloud partnership
Equinix (EQIX), and NetApp (NTAP) announced that they are expanding their cloud partnership. The two companies now provide an expanded offering of private storage solutions for the public cloud including NetApp Private Storage for Microsoft Azure, through the Equinix Cloud Exchange, which makes connecting to the cloud simple and convenient.
July 14, 2014
10:00 EDTRAXOn The Fly: Analyst Upgrade Summary
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08:18 EDTRAXRackspace upgraded to Neutral from Underperform at DA Davidson
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July 11, 2014
15:00 EDTRAXChance of Rackspace strategic buyer lower if CenturyLink out, says Wells Fargo
After BrightWire said that CenturyLink's (CTL) interest in Raxspace (RAX) had faded, Wells Fargo cautioned that it is difficult to judge the validity of sources in "articles such as this." However, Wells added that if CenturyLink is actually out, that the possibility of Raxspace finding a strategic buyer could be "meaningfully" lower. The firm keeps it Outperform rating on Raxspace, citing its fundamentals.
14:08 EDTRAXRackspace drawing 'tepid' interest from potential buyers, BrightWire says
Rackspace (RAX) is receiving a "tepid" response from potential buyers, according to BrightWire, citing three sources familiar with the matter. One industry source said CenturyLink (CTL) made an initial overture, but a banking source said the interest was only casual and soon faded, according to the report. Reference Link

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