Stock Market & Financial Investment News

News Breaks January 18, 2012 07:13 EDT RAX theflyonthewall.com: Rackspace to launch cloud block storage service in 2012, says William Blair William Blair's channel checks indicate Rackspace will launch a cloud block storage service in the first half of 2012. The firm believes the launch should increase Rackspace's enterprise wallet share and says it has increased confidence that the company will achieve at least high]20's top]line growth in 2012. William Blair keeps an Outperform rating on Rackspace shares. :theflyonthewall.com News For RAX From The Last 14 Days Check below for free stories on RAX the last two weeks. There are 3 items on the Fly with pertinent information. Sign up for a free trial to see the rest of the stories you've been missing. May 22, 2012 15:30 EDT RAX theflyonthewall.com: Rackspace calls more active on wide price movement Rackspace June 55 and 60 calls are active on total call volume of 7,900 contracts (700 puts). June call option implied volatility is at 47, July is at 43, September is at 46; compared to its 26-week average of 45 according to Track Data. Active call volume suggests traders taking positions for larger price movement. :theflyonthewall.com May 21, 2012 20:43 EDT RAX theflyonthewall.com: Rackspace management to meet with Wells Fargo Subscribe for More Information :theflyonthewall.com May 17, 2012 08:49 EDT RAX theflyonthewall.com: Rackspace weakness creates attractive entry point, says RBC Capital Subscribe for More Information :theflyonthewall.com