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Stock Market & Financial Investment News

News Breaks
March 20, 2014
07:58 EDTRAXRackspace CEO transition now less worrisome, says Wells Fargo
After meeting with Rackspace's president, Wells Fargo is less concerned that the company will encounter execution issues during its CEO transition. The firm is more confident that the improved trends in managed hosting seen in Q4 can be sustained through 2014, but it thinks the company's cloud business is facing some headwinds. Wells keeps an Outperform rating on the shares.
News For RAX From The Last 14 Days
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January 29, 2015
13:28 EDTRAXRackspace calls active on renewed takeover speculation
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13:25 EDTRAXRackspace spikes off lows of the day on takeover speculation
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13:22 EDTRAXRumor: Rackspace strength attributed to takeover speculation
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January 20, 2015
09:40 EDTRAXFollow-up: Rackspace upgraded at CLSA
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09:17 EDTRAX, RAXRackspace upgraded to Buy from Outperform at CLSA
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