Well into the red earlier amid a downgrade from JPMorgan, Rackspace ( RAX +0.2% ) has popped into the green over the past few minutes. Perhaps a deal with CenturyLink ( CTL ) is near? Previously: Rackspace lower after JPMorgan downgrade Post your comment!
Overweight rating after the big late-summer rally in the stock. Rackspace's current price has baked in a purchase by CenturyLink , a deal JPMorgan is skeptical of ever happening. Shares -2% premarket Post your comment!
NASDAQ: MSFT ) and Google (NASDAQ: GOOG ) have squeezed Rackspace's business. And now there are rumors that CenturyLink is negotiating to buy Rackspace as part of the telecom giant's push into IT services. I'm convinced that additional
By IAEResearch : CenturyLink (NYSE: CTL ) has had a remarkable year in ..... different segments of the company. CenturyLink has entered the cloud industry ..... Progress in the Cloud Segment CenturyLink was already doing well in the cloud
review that started in May, CenturyLink (NYSE: CTL ) is now looking to acquire ..... reports . A deal would enable CenturyLink to better compete against competitors ..... coming from cloud computing. CenturyLink ’s revenue declined 1.5
NEW YORK, Sept 7 (Reuters) - Phone service provider CenturyLink Inc is seeking to acquire Rackspace Hosting Inc in order to expand its cloud-computing services, according to a Bloomberg report citing...
the number of phone lines CenturyLink serves has fallen steadily ..... the more urban markets that Embarq and Qwest served. CenturyLink is investing in network upgrades ..... providers will be tough.While CenturyLink 's financial position is
CenturyLink (NYSE: CTL ) declares $0.54/share quarterly dividend , in line with previous. Forward yield 5.32% Payable Sept. 12; for shareholders of record Aug. 29; ex-div Aug. 27. Post your comment!
By investec : CenturyLink , Inc (NYSE: CTL ) is a rural local exchange carrier ..... consumer and business segments. Also, CTL offers potential for price appreciation ..... cooled down in the second quarter. CTL experienced a QoQ decline of 2,100
Electric, retired in early 2011. His replacement, Joe Euteneuer, was the CFO at Qwest before its acquisition by CenturyLink . John Saw, who joined Sprint with the Clearwire acquisition, was appointed to oversee the Sprint network in March