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Stock Market & Financial Investment News

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February 20, 2013
12:51 EDTSFD, VRTX, FE, CTL, LINE, IAUIncreasing implied volatility stocks: SFD VRTX FE CTL LINE IAU
News For SFD;VRTX;FE;CTL;LINE;IAU From The Last 14 Days
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July 18, 2014
13:04 EDTFEFirstEnergy unit completes $15M project
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July 11, 2014
15:00 EDTCTLChance of Rackspace strategic buyer lower if CenturyLink out, says Wells Fargo
After BrightWire said that CenturyLink's (CTL) interest in Raxspace (RAX) had faded, Wells Fargo cautioned that it is difficult to judge the validity of sources in "articles such as this." However, Wells added that if CenturyLink is actually out, that the possibility of Raxspace finding a strategic buyer could be "meaningfully" lower. The firm keeps it Outperform rating on Raxspace, citing its fundamentals.
14:08 EDTCTLRackspace drawing 'tepid' interest from potential buyers, BrightWire says
Rackspace (RAX) is receiving a "tepid" response from potential buyers, according to BrightWire, citing three sources familiar with the matter. One industry source said CenturyLink (CTL) made an initial overture, but a banking source said the interest was only casual and soon faded, according to the report. Reference Link

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