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Stock Market & Financial Investment News

News Breaks
October 10, 2012
07:03 EDTWMT, RAXRackspace being used by Wal-Mart division, says William Blair
William Blair said its channel checks indicate Wal-Mart (WMT) is recruiting OpenStack engineers as it builds a global data analytics platform that will use OpenStack. William Blair believes the Wal-Mart division in charge of the project is using Rackspace (RAX), and thinks the opportunity can grow as the new platform is built out. The firm expects Rackspace management to comment on early OpenStack customer deployments when the company reports Q3 results in November and keeps an Outperform rating on the stock.
News For RAX;WMT From The Last 14 Days
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August 29, 2014
08:07 EDTWMTWal-Mart challenges Alibaba with additions to online site in China, WSJ says
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August 26, 2014
07:29 EDTRAXRackspace growth improving, says Wells Fargo
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August 25, 2014
13:47 EDTWMTWal-Mart launching chip-enabled store-brand MasterCard
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August 24, 2014
21:53 EDTWMTNational Association of Chain Drug Stores to hold an expo
2014 NACDS Total Store Expo to be held in Boston on August 23-25.
August 22, 2014
16:42 EDTRAXMarket finishes week higher on economic data, earnings
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16:20 EDTRAXOn The Fly: Closing Wrap
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13:40 EDTRAXRackspace off highs after Re/code says HP has no bid interest
The shares hit an intraday high at $34.75 and have moved lower after a report from Re/code said that HP (HPQ) has no interest in acquiring the company. Shares had moved up on a presumption of that interest. At the current price of $34.01 next support is at $33.17, the session low.
13:12 EDTRAXHP has no interest in acquiring Rackspace, Re/code reports
HP (HPQ) continues to have no interest in acquiring Rackspace (RAX), Arik Hesseldahl of Re/code reports, citing sources with direct knowledge of HP's plans. The move higher today in shares of Rackspace is being attributed to potential takeover interest from HP. Shares are off their highs, but remain up 2% to $33.90 in afternoon trading. Reference Link
13:09 EDTRAXHP has no interest in buying Rackspace, Re/code reports
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10:55 EDTRAXRackspace rallies 3%, or 86c, to $34.24
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10:34 EDTRAXRackspace management to meet with JMP Securities
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August 21, 2014
13:23 EDTWMTWal-Mart cut iPhone prices, Washington Post says
Wal-Mart (WMT) today began selling Apple's (AAPL) iPhone 5s for $79, and cut the price of the iPhone 5c to just 97c, according to The Washington Post. The devices previously cost $99 and $29 respectively at Wal-Mart, the newspaper stated. Reference Link
10:34 EDTWMTOptions Update; August 21, 2014
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09:46 EDTRAXRackspace management to meet with JMP Securities
Group luncheon with management will be held in San Francisco on August 21 hosted by JMP Securities.
09:37 EDTWMTActive equity options trading on open
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August 20, 2014
08:30 EDTWMTWal-Mart management to meet with MKM Partners
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August 19, 2014
12:45 EDTRAXRackspace advances after Blue Harbour takes activist stake
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12:21 EDTRAXRackspace rises on activist stakes, levels to watch
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09:07 EDTRAXOn The Fly: Pre-market Movers
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08:35 EDTRAXRackspace may adopt more shareholder friendly structure, says Wells Fargo
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