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  1. Rackspace's Sale Speculation Can Still Drive The Stock Higher

    Headlines

    Wed, 17 Sep 2014

    By Guido Giacalone : In May Rackspace (NYSE: RAX )(or the "company") hired Morgan ..... managed hosting play was in the market. Rackspace is a San Antonio-based provider of ..... entry in the cloud computing market. Rackspace finds itself in a particularly testing

  2. Sell side weighs in on Rackspace

    Headlines

    Wed, 17 Sep 2014

    t as surprising or disappointing as Rackspace 's ( RAX -16.1% ) decision not to launch ..... disappointed in the lack of buyback and calls Rackspace 's decision to stay independent "prudent ..... revenue. "Further, we believe that Rackspace ’s chief competitor, Amazon Web Services

  3. Update: Rackspace Hosting Ends Process Of Seeking Buyer

    Headlines

    Wed, 17 Sep 2014

    By Chris Lau : Rackspace (NYSE: RAX ) announced it would end the evaluation ..... repurchase plan at this time. Rackspace was never evaluated as a takeover ..... AMZN ), at 14.3 times book. Rackspace closed at Complete Story »

  4. Rackspace says not to sell itself; shares fall

    Headlines

    Tue, 16 Sep 2014

    Sept 16 (Reuters) - Cloud management services provider Rackspace Hosting Inc said it would not sell itself, sending its shares down 16.5 percent in after-market trading.

  5. Rackspace can't find a buyer; -16.5% after-hours

    Headlines

    Tue, 16 Sep 2014

    "Based on Rackspace 's (NYSE: RAX ) reaccelerated revenue growth and its potential trajectory ..... board. Watson is now non-executive chairman. Rhodes joined Rackspace in 2007 and has been president since February. Shares -16

  6. Rackspace shoots higher amid takeover rumor

    Headlines

    Mon, 15 Sep 2014

    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!

  7. Rackspace lower after JPMorgan downgrade

    Headlines

    Mon, 15 Sep 2014

    JPMorgan rings the register on Rackspace (NYSE: RAX ), pulling its 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

  8. Rackspace : 5 Potential Buyers For This Cloud Provider

    Headlines

    Wed, 10 Sep 2014

    By Joe Panettieri : I'm long on Rackspace (NYSE: RAX ), the hosting provider that has pushed ..... 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

  9. Bloomberg: CenturyLink looks to acquire Rackspace

    Headlines

    Mon, 8 Sep 2014

    May, CenturyLink (NYSE: CTL ) is now looking to acquire Rackspace (NYSE: RAX ), Bloomberg reports . A deal would enable CenturyLink to ..... expanding its offerings of Internet and cloud services. Rackspace ’s sales climbed 17% in 2013 to $1.5B, with $415

  10. CenturyLink seeks to acquire Rackspace , expanding cloud services -Bloomberg

    Headlines

    Sun, 7 Sep 2014

    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...

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