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Stock Market & Financial Investment News

News Breaks
February 13, 2013
15:42 EDTRAX, VMW, ARUN, BCOVCloud 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
Check below for free stories on RAX;VMW;ARUN;BCOV the last two weeks.
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April 16, 2014
09:23 EDTVMWVMware revenue, EPS should beat consensus, says Goldman
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07:30 EDTVMWVMware, Citrix may be threatened as OpenStack momentum builds, WSJ says
OpenStack supporters say the open-source operating system can bring the ease of use and agility offered by cloud-service vendors, while using a company's own server systems, and if it continues to be adopted OpenStack could pose a threat to companies to offer data center software and services including VMware (VMW), Citrix Systems (CTXS), Amazon.com (AMZN), Microsoft (MSFT) and others, said The Wall Street Journal. Reference Link
April 15, 2014
10:14 EDTARUNHigh option volume stocks: LPNT IWC MSI ARMH ARUN
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April 14, 2014
10:02 EDTVMWOn The Fly: Analyst Upgrade Summary
Acorda Therapeutics (ACOR) upgraded to Outperform from Market Perform at FBR Capital... Allegheny Technologies (ATI) upgraded to Neutral from Underperform at Sterne Agee... BP (BP) upgraded to Buy from Hold at Canaccord... Bloomin' Brands (BLMN) upgraded to Buy from Hold at Deutsche Bank... Boardwalk Pipeline (BWP) upgraded to Neutral from Underperform at BofA/Merrill... Boston Scientific (BSX) upgraded at BofA/Merrill... Charles Schwab (SCHW) upgraded to Buy from Neutral at UBS... Citigroup (C) upgraded to Hold from Sell at Rafferty Capital... Community Health (CYH) upgraded to Outperform from Perform at Oppenheimer... Eaton Vance (EV) upgraded to Neutral from Sell at Citigroup... Eli Lilly (LLY) upgraded to Hold from Underperform at Jefferies... F5 Networks (FFIV) upgraded to Buy from Hold at Stifel... HeartWare (HTWR) upgraded to Buy from Neutral at BTIG... Heartland Payment (HPY) upgraded to Hold from Sell at Stifel... Hyatt Hotels (H) upgraded to Outperform from Market Perform at FBR Capital... MasterCard (MA) upgraded to Outperform from Neutral at RW Baird... McDermott (MDR) upgraded to Neutral from Underweight at HSBC... Palo Alto (PANW) upgraded to Overweight at Stephens... PetroChina (PTR) upgraded to Neutral from Underperform at Credit Suisse... Seagate (STX) upgraded to Buy from Hold at Argus... Sensata (ST) upgraded to Buy from Neutral at Citigroup... Stryker (SYK) upgraded to Neutral from Reduce at SunTrust... TD Ameritrade (AMTD) upgraded to Buy from Neutral at UBS... TTM Technologies (TTMI) upgraded to Buy from Hold at Stifel... Transocean (RIG) upgraded to Hold from Sell at Deutsche Bank... VMware (VMW) upgraded to Outperform from Underperform at CLSA... Visa (V) upgraded to Outperform from Neutral at RW Baird... Yahoo (YHOO) upgraded to Buy from Neutral at SunTrust... Zimmer (ZMH) upgraded to Neutral from Reduce at SunTrust... bebe stores (BEBE) upgraded to Buy from Neutral at Janney Capital.
09:01 EDTVMW, VMWVMware upgraded to Outperform from Underperform at CLSA
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07:06 EDTVMWU.S. Geospatial Intelligence Foundation to hold a symposium
GEOINT 2013 Symposium, originally scheduled for October 2013, is being held in Tampa, Florida on April 14-17.
06:15 EDTVMW, VMWVMware upgraded to Outperform from Underperform at CLSA
April 11, 2014
12:42 EDTARUNOn The Fly: Analyst Initiation Summary
ASML (ASML) initiated with a Cautious at ISI Group... Analog Devices (ADI) initiated with a Buy at ISI Group... Applied Materials (AMAT) initiated with a Strong Buy at ISI Group... Aruba Networks (ARUN) initiated with a Buy at SunTrust... Broadcom (BRCM) initiated with a Neutral at ISI Group... CSX (CSX) initiated with an Outperform at Macquarie... Cisco (CSCO) initiated with a Buy at SunTrust... F5 Networks (FFIV) initiated with a Neutral at SunTrust... Genesee & Wyoming (GWR) initiated with a Neutral at Macquarie... Intel (INTC) initiated with a Neutral at ISI Group... Juniper (JNPR) initiated with a Buy at SunTrust... KLA-Tencor (KLAC) initiated with a Neutral at ISI Group... Lam Research (LRCX) initiated with a Strong Buy at ISI Group... Linear Technology (LLTC) initiated with a Cautious at ISI Group... Maxim Integrated (MXIM) initiated with a Neutral at ISI Group... Micron (MU) initiated with a Strong Buy at ISI Group... NVIDIA (NVDA) initiated with a Neutral at ISI Group... NXP Semiconductors (NXPI) initiated with a Strong Buy at ISI Group... Qualcomm (QCOM) initiated with a Strong Buy at ISI Group... Riverbed (RVBD) initiated with a Neutral at SunTrust... SanDisk (SNDK) initiated with a Neutral at ISI Group... Teradyne (TER) initiated with a Buy at ISI Group... Texas Instruments (TXN) initiated with a Neutral at ISI Group... Trulia (TRLA) initiated with a Neutral at Susquehanna... Union Pacific (UNP) initiated with a Neutral at Macquarie... Zillow (Z) initiated with a Positive at Susquehanna... Flamel Technologies (FLML) initiated with a Buy at Roth Capital... Parker Drilling (PKD) initiated with an Accumulate at Tudor Pickering.
06:08 EDTARUNAruba Networks initiated with a Buy at SunTrust
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April 10, 2014
09:10 EDTRAXRackspace appoints Ryan Neading as Chief Information Officer
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April 9, 2014
08:04 EDTVMWCitrix survey indicates weak demand fundamentals, says Jefferies
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April 4, 2014
10:19 EDTRAXRackspace calls active on renewed takeover chatter
Rackspace April weekly and traditional 33 calls are active on total call volume of 4,100 contracts (300 puts). April and May call option implied volatility is at 46, September is at 43; compared to its 26-week average of 43 according to Track Data. Active call option volume suggests traders taking positions for large price movement on renewed takeover chatter.
10:09 EDTRAXRumor: Rackspace moves up on renewed takeover chatter
10:02 EDTARUNOn The Fly: Analyst Initiation Summary
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09:24 EDTARUNAruba Networks outlook has improved, says Pacific Crest
After meeting with Aruba's management, Pacific Crest is more confident that a number of catalysts will boost the company's revenue and margins beyond expectations. The firm expects the company's profits to grow at a 40% clip this year and next. It keeps an Outperform rating on the shares.

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