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Stock Market & Financial Investment News

News Breaks
February 11, 2014
07:47 EDTRAXRackspace shares should be bought in low to mid $30s, says Oppenheimer
After Rackspace reported higher than expected EBITDA and revenue but softer than expected guidance, Oppenheimer thinks that the company's fundamentals and trends are improving. The firm expects the company to benefit from accelerating enterprise cloud adoption, and thinks it may be acquired. It keeps an Outperform rating on the shares.
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April 10, 2014
09:10 EDTRAXRackspace appoints Ryan Neading as Chief Information Officer
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