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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.
News For RAX From The Last 14 Days
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April 23, 2015
09:05 EDTRAXRackspace and Digital Realty launch green U.K. data center
Rackspace (RAX), along with data center and colocation provider Digital Realty Trust (DLR), unveiled its new UK data center based in Crawley, West Sussex. The new operation is the first data center in the UK to make use of 'indirect outside air' cooling technology on this scale, without mechanical cooling, which means the overhead energy required to operate the data center has been cut by almost 80%.
April 22, 2015
08:16 EDTRAXSeveral companies to benefit from hybrid cloud growth, says Pacific Crest
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