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Stock Market & Financial Investment News

News Breaks
May 13, 2014
07:44 EDTRAXRackspace price target lowered to $41 from $59 at Stephens
Stephens said Raxspace reported a "solid" quarter and the firm maintains its Overweight rating on the stock, but reduced its price target on the shares to $41 from $59 due to multiple compression in the space.
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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April 20, 2015
08:25 EDTRAXData centers,connectivity firms should be owned into results, says Pacific Crest
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