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Stock Market & Financial Investment News

News Breaks
August 18, 2014
17:41 EDTRAXBlue Harbour looks forward to ongoing dialogue with Rackspace on alternatives
Blue Harbour Group, which reported that it owns approximately 9.1M shares or 6.4% of Rackspace Hosting, issued the following statement: Todd R. Marcy, a Managing Director of Blue Harbour, stated, "Rackspace has built an incredibly valuable business with excellent long-term prospects that we believe are not reflected in the company's current share price. We believe the Board and management team are committed to closing this significant valuation gap. We look forward to a constructive, ongoing dialogue on the various alternatives Rackspace has to unlock and deliver meaningful shareholder value, whether as a standalone independent entity or pursuant to the current strategic review process."
News For RAX From The Last 14 Days
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July 31, 2015
06:46 EDTRAXRackspace volatility elevated into Q2 and outlook
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July 30, 2015
10:32 EDTRAXOptions with increasing implied volatility
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10:13 EDTRAXOptions with increasing implied volatility
Options with increasing implied volatility: ESPR SRPT CX RAX YY SPLK QIHU HFC OWW BBY
July 29, 2015
10:41 EDTRAXOptions with increasing implied volatility
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10:27 EDTRAXOptions with decreasing implied volatility
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July 28, 2015
14:41 EDTRAXHigh option volume stocks
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13:26 EDTRAXRackspace volatility elevated into Q2 and outlook
Rackspace July weekly call option implied volatility is at 45, 7/14/15 weekly is at 77, September is at 48; compared to its 52-week range of 24 to 78, suggesting large near term price movement into the expected release of Q2 results on August 10.
July 23, 2015
12:04 EDTRAXRackspace, Intel announce OpenStack collaboration
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