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Stock Market & Financial Investment News

News Breaks
February 13, 2013
15:42 EDTARUN, VMW, BCOV, RAXCloud computing stocks lower after Rackspace Q4 results disappoint
A number of names associated with the cloud computing space are trading lower after Rackspace (RAX) reported Q4 results that missed analyst expectations last night. Rackspace, an open cloud company that offers enterprise-level hosting services to businesses, reported Q4 EPS of 21c against analyst estimates of 22c, on revenue of $352.9M against analyst estimates of $355.42M. Although revenue rose 25% in Q4 year over year, the rate of growth is seen as decelerating for the company. Stifel Nicolaus downgraded the company this morning to Hold from Buy, citing the slowdown in growth. In late day trading, Rackspace is down over 20% to $59.87. Other cloud computing names trading lower today include Brightcove (BCOV), down 1.6% to $6.74; Aruba Networks (ARUN), down 4.7% to $21.16; and VMware (VMW), down 3.08% to $74.35.
News For RAX;VMW;ARUN;BCOV From The Last 14 Days
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November 21, 2014
08:18 EDTARUNAruba Networks outlook still positive, says JMP Securities
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07:53 EDTARUNAruba Networks shares should be bought on weakness, says Oppenheimer
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07:31 EDTARUNAruba Networks should be bought on any weakness, says Pacific Crest
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05:58 EDTARUNAruba Networks pullback a buying opportunity, says Piper Jaffray
Piper Jaffray recommends using the weakness in shares of Aruba Networks after the company's guidance missed expectations by 1% as a buying opportunity. Piper views the outlook as more a reflection of macro trends than the underlying business and reiterates an Overweight rating on the stock. The firm lowered its price target for shares to $26 from $28.
November 20, 2014
18:21 EDTARUN, RAXOn The Fly: After Hours Movers
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17:05 EDTRAXRackspace founder, Chairman Graham Weston purchases $2.5M of company stock
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16:55 EDTARUNAruba Networks sees Q2 adjusted EPS 26c-27c, consensus 27c
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16:44 EDTVMWVMware initiated with a Buy at Jefferies
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16:12 EDTARUNAruba Networks reports Q1 EPS 26c, consensus 25c
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15:28 EDTARUNNotable companies reporting after market close
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14:44 EDTARUNAruba Networks volatility elevated into Q1 an outlook
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09:44 EDTARUNAruba Networks Q1 EPS should beat consensus, says Janney Capital
Janney Capital said its reseller checks show good demand for 802.11ac products and the firm believes Aruba Networks should deliver Q1 earnings that top consensus. However, the firm continues to expect Aruba's competition will intensify in early 2015 and maintains its $24 fair value estimate and Neutral rating on the stock.
November 19, 2014
10:00 EDTRAXOn The Fly: Analyst Initiation Summary
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05:36 EDTRAXRackspace initiated with an Overweight at Barclays
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November 17, 2014
12:03 EDTRAXOptions with decreasing implied volatility
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11:28 EDTARUNAruba Networks Q1 sales likely ahead of expectations, says Piper Jaffray
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07:49 EDTARUNAruba Networks estimates appear achievable, says UBS
UBS remains a buyer of Aruba Networks ahead of its Q1 results, as the firm sees improving operational discipline and cost cutting, continuation of its product cycle, free cash flow, and new partnerships. UBS reiterated its Buy rating and $25 price target on Aruba Networks shares.
November 14, 2014
16:58 EDTRAXThird Point gives quarterly update on stakes
NEW STAKES: Alibaba (BABA), eBay (EBAY), Bed Bath & Beyond (BBBY), Shire (SHPG), and Parker Hannifin (PH). INCREASED STAKES: Actavis (ACT), Amgen (AMGN), EQT (EQT), Sensata (ST), Coca-Cola Enterprises (CCE). DECREASED STAKES: Williams Cos (WMB), Ally Financial (ALLY), Cheniere Energy (LNG), YPF (YPF), and FedEx (FDX). LIQUIDATED STAKES: AIG (AIG), T-Mobile (TMUS), Rackspace (RAX), Hertz (HTZ), and Citrix Systems (CTXS).
13:52 EDTVMWVMware volatility at low end of historic range
VMware November call option implied volatility is at 22, December is at 23, January is at 20, April is at 25; compared to its 26-week average of 31 according to Track Data, suggesting decreasing price movement.
10:10 EDTRAXOptions with decreasing implied volatility
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