New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
May 13, 2014
07:31 EDTRAXRackspace reported solid Q1 results, says Wells Fargo
After Raxspace reported in-line Q1 revenue and higher than expected EBITDA, Wells Fargo thinks the company's slightly better than expected Q2 guidance was positive. The firm cut its price target range on the shares to $38-41 from $48-$51 but keeps an Outperform rating.
News For RAX From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 11, 2016
10:33 EDTRAXRackspace announces private cloud powered by Red Hat
Rackspace (RAX) announced the release of Rackspace Private Cloud powered by Red Hat (RHT), which delivers OpenStack private clouds as-a-service using the Red Hat Enterprise Linux OpenStack Platform. The new offering expands the Rackspace OpenStack-as-a-Service product portfolio, further extending the company's strategy to deliver the most reliable and easy-to-use OpenStack private and hybrid clouds in the world. "As the leading operator of OpenStack clouds with the most comprehensive OpenStack product portfolio in the industry, Rackspace is excited to expand our managed services and expertise to the Red Hat Enterprise Linux OpenStack Platform," said Darrin Hanson, vice president and general manager of OpenStack Private Cloud at Rackspace. "We help make OpenStack simple by eliminating the complexity and delivering it as-a-service to customers in their data center, a Rackspace data center or in a colocation facility."

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use