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Stock Market & Financial Investment News

News Breaks
January 23, 2014
05:48 EDTEQIXEquinix to open sixth London data center in Slough
Equinix announced it will build a new data center called LD6 in its highly successful London Slough campus in response to consistent demand from customers in the financial services, content, cloud and enterprise segments. The new LD6 data center will provide total capacity of approximately 8,000 square meters. With $79M of capital expenditures invested, the first phase is scheduled to open in the first half of 2015 and will provide initial capacity of 1,385 cabinets. Additionally, Equinix has invested $37M in the acquisition of its existing LD4 and LD5 campus buildings and concurrently entered into long-term ground leases for the entire LD4, LD5 and LD6 campus with SEGRO plc. This acquisition gives Equinix effective 50-year control of one of the UK's largest, fastest-growing and most network-dense data center campuses, supporting customer continuity and future expansion.
News For EQIX From The Last 14 Days
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October 29, 2014
16:37 EDTEQIXEquinix raises FY14 revenue guidance to $2.43B-$2.44B, consensus $2.43B
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16:34 EDTEQIXEquinix sees Q4 revenue $627M-$631M, consensus $642.02M
For Q4, the company expects revenues to range between $627M-$631M, which includes a negative foreign currency impact of approximately $11M compared to the rates used from the company's prior guidance. Cash gross margins are expected to approximate 68%-69%. Cash selling, general and administrative expenses are expected to approximate $139M. Adjusted EBITDA is expected to range between $291M-$295M, which includes $6M in professional fees and costs primarily related to the REIT conversion and a negative foreign currency impact of approximately $5M compared to the rates used from the company's prior guidance. Capital expenditures are expected to range between $210M-$230M, comprised of approximately $35M of recurring capital expenditures and $175M-$195M of expansion capital expenditures.
16:31 EDTEQIXEquinix reports Q3 adjusted EPS 79c, consensus 89c
Reports Q3 revenue $620.4M, consensus $615.85M.
October 24, 2014
10:03 EDTEQIXOn The Fly: Analyst Downgrade Summary
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08:22 EDTEQIXEquinix downgraded to Market Perform at Cowen
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06:07 EDTEQIXEquinix downgraded to Market Perform from Outperform at Cowen
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October 20, 2014
08:10 EDTEQIXHurricane Electric extends global IPv4 and IPv6 network in Asia and Europe
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October 16, 2014
16:22 EDTEQIXEquinix declares special $416M distribution due to planned REIT conversion
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