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Stock Market & Financial Investment News

News Breaks
July 2, 2014
14:44 EDTRAXTechCrunch updates Rackspace story, says source unconfirmed
TechCrunch updated its earlier story on Rackspace (RAX), saying: "We’ve tried to make clear that we’re reporting an unconfirmed source here, but an interesting angle nonetheless. Dealreporter has taken that one step further and published a note with a far more skeptical view of the idea that Rackspace could potentially be taken private. It says it received a note with some similar wording and disputed the veracity of the source." TechCrunch earlier today reported that Rackspace is looking to take itself private. Shares of Rackspace are off their highs, but remain up 6% to $35.72
News For RAX From The Last 14 Days
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November 24, 2014
10:00 EDTRAXOn The Fly: Analyst Downgrade Summary
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08:32 EDTRAXRackspace downgraded to Equal Weight at Stephens
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07:58 EDTRAXRackspace downgraded to Equal Weight from Overweight at Stephens
November 20, 2014
18:21 EDTRAXOn The Fly: After Hours Movers
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17:05 EDTRAXRackspace founder, Chairman Graham Weston purchases $2.5M of company stock
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November 19, 2014
10:00 EDTRAXOn The Fly: Analyst Initiation Summary
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05:36 EDTRAXRackspace initiated with an Overweight at Barclays
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November 17, 2014
12:03 EDTRAXOptions with decreasing implied volatility
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November 14, 2014
16:58 EDTRAXThird Point gives quarterly update on stakes
NEW STAKES: Alibaba (BABA), eBay (EBAY), Bed Bath & Beyond (BBBY), Shire (SHPG), and Parker Hannifin (PH). INCREASED STAKES: Actavis (ACT), Amgen (AMGN), EQT (EQT), Sensata (ST), Coca-Cola Enterprises (CCE). DECREASED STAKES: Williams Cos (WMB), Ally Financial (ALLY), Cheniere Energy (LNG), YPF (YPF), and FedEx (FDX). LIQUIDATED STAKES: AIG (AIG), T-Mobile (TMUS), Rackspace (RAX), Hertz (HTZ), and Citrix Systems (CTXS).
10:10 EDTRAXOptions with decreasing implied volatility
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