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News Breaks
May 15, 2014
10:56 EDTOLED, MELI, UBNT, RAXOptions with decreasing implied volatility: HZNP UBNT OLED RAX MELI
News For UBNT;OLED;RAX;MELI From The Last 14 Days
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October 9, 2015
15:17 EDTOLEDKorea looks to support footprint in OLED industry, Korea Times says
Korea plans to give more support in the forms of tax benefits, tariff cuts and various kinds of administrative support to LG (LPL) to help broaden the country's footprint in the organic light-emitting diode, OLED, industry. , says the Korea Times.The Fly notes that Universal Display (OLED) engages in the research, development, and commercialization of organic light emitting diode, OLED, technologies and materials for use in flat panel displays. Reference Link
15:06 EDTOLEDUniversal Display strength attributed to Wired, Korea Times reports, says Cowen
Cowen analyst Robert Stone attributed the move higher in shares of Universal Display (OLED) to two news items, namely a report from Wired that highlighted LG's price cuts for its OLED TVs and a Korea Times report that the Korean government plans more support for OLED projects. The analyst, who believes LG's price cuts reflect a capacity ramp at LG Display (LPL), previously stated in a note published on Wednesday that he believes the second half of the year looks strong for Universal Display. Stone keeps an Outperform rating and $60 price target on the stock.
15:05 EDTOLEDLG's OLED TVs now cost less than some LCD sets, Wired says
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October 6, 2015
13:06 EDTRAXAWS, Rackspace pact a sign of consolidation, says Piper Jaffray
Piper Jaffray analyst Gene Munster views the partnership between Amazon Web Services (AMZN) and Rackspace (RAX) as another sign that market offerings are consolidating. The cloud space is set to continue to consolidate toward key winners AWS, Azure and Google (GOOG), Munster tells investors in a research note. He views AWS as the key driver for Amazon shares and the rollout of SaaS products as the next major catalyst. The unit could be worth north of $100B, Munster estimates. He reiterates an Overweight rating on Amazon with a $650 price target.
09:18 EDTRAXRackspace announces agreement with Amazon Web Services
Rackspace (RAX) announces an agreement with Amazon Web Services (AMZN), under which Rackspace will offer "tools, expertise, application management, and operational support" to customers on the AWS Cloud. The core offering, Fanatical Support for AWS, plus three additional beta offerings -- Managed Security for AWS, Compliance Assistance for AWS, and Managed Cloud for Adobe Experience Manager -- reflect Rackspace's "strategy of delivering best in class expertise and support for the world's leading technologies and platforms," it stated. Rackspace also has become an Amazon Web Services authorized reseller, completed the audit to become a Managed Services Partner, and is joining the AWS Partner Network at the Advanced Consulting Partner level with over 100 certified AWS engineers.
September 30, 2015
06:46 EDTMELIMercadoLibre still has competitive advantage over Amazon, says Piper Jaffray
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06:14 EDTRAXRackspace expected to partner with Amazon, WSJ reports
Rackspace Hosting (RAX) is expected to partner with Amazon (AMZN) to make it easier for corporate customers to move computing operations to Amazon Web Services from their own facilities, The Wall Street Journal reports. According to two sources, the partnership, which is similar to an agreement Rackspace signed with Microsoft (MSFT) in July, will be announced at a conference for AWS users next week. Reference Link

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