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Stock Market & Financial Investment News

News Breaks
October 10, 2012
07:03 EDTRAX, WMTRackspace 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 22, 2014
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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August 18, 2014
18:21 EDTRAXOn The Fly: After Hours Movers
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18:13 EDTWMTWal-Mart not likely to bid for Family Dollar, Bloomberg reports
According to people familiar with the situation, Wal-Mart Stores (WMT) is unlikely to make an offer for Family Dollar Stores (FDO), Bloomberg reports. Reference Link
17:41 EDTRAXBlue Harbour looks forward to ongoing dialogue with Rackspace on alternatives
Blue Harbour Group, which reported that it owns approximately 9.1M shares or 6.4% of Rackspace Hosting, issued the following statement: Todd R. Marcy, a Managing Director of Blue Harbour, stated, "Rackspace has built an incredibly valuable business with excellent long-term prospects that we believe are not reflected in the company's current share price. We believe the Board and management team are committed to closing this significant valuation gap. We look forward to a constructive, ongoing dialogue on the various alternatives Rackspace has to unlock and deliver meaningful shareholder value, whether as a standalone independent entity or pursuant to the current strategic review process."
16:43 EDTRAXBlue Harbour reports 6.4% stake in Rackspace
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16:30 EDTRAXActivist investor Blue Harbour builds Rackspace stake to 6.5%, WSJ says
Activist investor Blue Harbour Group which is known for holding talks with companies rather than "public fights," has accumulated a 6.5% stake in Rackspace, says the Wall Street Journal. Rackspace, a cloud-computing company, has lately been reviewing its strategic options, added the Wall Street Journal. Reference Link
08:47 EDTWMTDollar General says would slow store opening growth in Family Dollar deal
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08:47 EDTRAXRaymond James to hold a summit
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August 15, 2014
17:02 EDTWMTStocks end week slightly higher despite flare-up in Russian tensions
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10:41 EDTRAXOptions with decreasing implied volatility
Options with decreasing implied volatility: ARWR ICPT UVXY MNKD KING VIX SVXY VXX RAX OPK
06:02 EDTRAXStocks with implied volatility movement; RAX HTZ
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