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Stock Market & Financial Investment News

News Breaks
March 5, 2014
06:33 EDTINXNInterXion to build new data centers in Vienna and Stockholm
InterXion will construct new data centres in Vienna and Stockholm. In Vienna, Interxion will build its second data centre in multiple phases. The first phase is scheduled to open with approximately 600 square metres in Q4 and the second phase of approximately 600 square metres of additional capacity is scheduled to open in 1H15. The capital expenditure associated with the construction of the site and the first 1,200 square metres is expected to be approximately EUR25M. In Stockholm, Interxion will construct its third data centre scheduled to be operational in Q4. The capital expenditure associated with the construction of STO 3 is expected to be approximately EUR12M.
News For INXN From The Last 14 Days
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November 19, 2014
13:34 EDTINXNInterXion weakness a buying opportunity, says Raymond James
Raymond Jams said InterXion is down on concerns limited partners of Baker Capitol funds will indiscriminately sell shares following today's distribution. The firm would use the weakness as a buying opportunity and said the impact of the distribution will be short lived and has been anticipated.
11:12 EDTINXNInterXion announces 2M share distribution by Baker Capital affiliates
InterXion announced that after the closing of the NYSE on November 18, Baker Capital affiliates Lamont Finance N.V. and Baker Communications Fund II L.P. requested that Interxion instruct its Transfer Agent to remove the restrictive legend on 1,998,697 Interxion shares that Lamont Finance N.V. holds and 1,303 Interxion shares that Baker Communications Fund II L.P. holds. Baker Capital has informed Interxion that it will make a pro rata distribution-in-kind of these shares to the partners of Baker Communications Fund II and to the partners of Baker Communications Fund II L.P. After this distribution, Baker Capital will hold 18,657,892 Interxion shares. Interxion stated that the distribution will not have any effect upon the total number of shares outstanding.

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