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Stock Market & Financial Investment News

News Breaks
July 9, 2014
18:10 EDTHPQ, RAXHP sources deny bid made for Rackspace, Re/code reports
Multiple sources familiar with HP's (HPQ) plans "categorically denied" that the tech giant made an offer to buy Rackspace (RAX), Arik Hesseldahl of Re/code reports. Last week, a report claimed HP had offered $43 per share to buy Rackspace. Hesseldahl also reports that Mark Interrante, Rackspace's senior VP for products and engineering, has joined HP as senior VP of Engineering in the company's cloud business unit. Reference Link
News For RAX;HPQ From The Last 14 Days
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April 27, 2015
11:21 EDTHPQOpco defends 3D Systems, while UBS, Piper Jaffray say sell
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07:13 EDTHPQUBM Tech to hold a conference
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April 24, 2015
18:23 EDTHPQHP awarded $469M government contract
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April 23, 2015
11:31 EDTHPQOptions with increasing implied volatility
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09:05 EDTRAXRackspace and Digital Realty launch green U.K. data center
Rackspace (RAX), along with data center and colocation provider Digital Realty Trust (DLR), unveiled its new UK data center based in Crawley, West Sussex. The new operation is the first data center in the UK to make use of 'indirect outside air' cooling technology on this scale, without mechanical cooling, which means the overhead energy required to operate the data center has been cut by almost 80%.
April 22, 2015
13:39 EDTHPQAnalyst warns competition growing in 3D printing space
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11:08 EDTHPQOptions with increasing implied volatility
Options with increasing implied volatility: CZR FMSA PSEC CSX AEO CRM BBY SPLS HPQ DTV
08:16 EDTRAXSeveral companies to benefit from hybrid cloud growth, says Pacific Crest
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April 21, 2015
11:16 EDTHPQOptions with increasing implied volatility
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09:37 EDTHPQHP sells Snapfish to District Photo ahead of seperation
HP announced a definitive agreement to divest Snapfish, its photo storage and merchandising business. District Photo will acquire the Snapfish business, including technology assets and employees. After the transaction closes, HP will maintain a partnership with Snapfish. Snapfish will continue to use HP printing solutions, and HP will provide the HP Connected Photo application developed by Snapfish on HP consumer PCs, including the Sprout computing platform, the company said. HP expects the transaction to close in the second half of FY15. Financial terms of the deal were not disclosed. It added, "The divestiture is consistent with HPs strategy to focus the organization following HPs previously announced separation."
08:04 EDTHPQHP, FireEye announce partnership
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05:56 EDTHPQStocks with implied volatility movement; CNX HPQ
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April 20, 2015
08:25 EDTRAXData centers,connectivity firms should be owned into results, says Pacific Crest
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April 15, 2015
07:58 EDTHPQTsinghua confirms talks for controlling stake in HP unit in China, WSJ reports
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05:10 EDTHPQHP selects Antonio Lucio as Chief Marketing Officer of HP Inc.
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April 14, 2015
07:47 EDTHPQHP announces new $190M Medicaid contract in Arkansas
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April 13, 2015
19:43 EDTHPQHP reaffirms commitment to the public cloud
In a blog post on HP's website, senior VP Bill Hilf said, "In the past week, a quote of mine in the media was interpreted as HP is exiting the public cloud, which is not the case." Reference Link

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