By R.S. Analytics : Rackspace Hosting (NYSE: RAX ) operates in one of the hottest ..... the market - cloud computing. Rackspace operates 9 data centers around ..... Last week the market punished Rackspace , pushing shares below $30
The WSJ reports activist Blue Harbour Group has grown its stake in Rackspace (NYSE: RAX ) to ~6.5% from the 2.5% it had at the end of Q2. The paper adds Blue Harbour has "communicated" with the Web hosting
Loeb's Third Point LLC took a 7.25M-share position in Rackspace ( RAX +4.3% ) in Q2, along with a 3.5M-share position ..... position in InterActiveCorp ( IACI +1.7% ). ( 13F ) Rackspace has jumped on the disclosure. The Web hosting/IaaS provider
Piper's Andrew Nowinski, discussing Rackspace 's ( RAX -7.2% ) cautious CC remarks ( transcript ..... review. Nonetheless, Nowinski declares Rackspace 's business to be "in good shape ..... Multiple analysts have taken note of Rackspace 's EBITDA margin decline. CFO Karl
Rackspace (NYSE: RAX ) expects Q3 revenue of $454M-$461M ..... 8% a year ago, pressuring EPS. Rackspace expects a margin of 31%-33% in Q3 ..... Following a slew of M&A rumors , Rackspace says it's still exploring its options. RAX -1.1% AH. Q2 results , PR . Post
Aug 11 (Reuters) - Rackspace Hosting Inc reported a 17 percent rise in quarterly revenue due to higher demand for its web-hosting and cloud management services.
Rackspace Hosting (NYSE: RAX ): Q2 EPS of $0.16 in-line. Revenue of $441.11M (+17.4% Y/Y) beats by $3.91M . Press Release Post your comment!
hosting and cloud-computing giant Rackspace (NYSE: RAX ) have been grounded. The stock closed ..... investors are stuck deciding whether Rackspace has become a value play or a falling ..... chronic punishments in 2014, I believe Rackspace is now worth the risk. The good news
Rackspace ( RAX -1.7% ) is breaking up its cloud ..... also trying hard to woo developers. Rackspace argues its new pricing structure allows ..... aggressive IaaS pricing has weighed on Rackspace 's shares for some time. The company
Rackspace ( RAX -5.4% ) has received "only modest ..... made an initial overture" to buy Rackspace , but adds its interest "was only casual ..... reiterates an Outperform, and calls Rackspace 's asset value under-appreciated ..... completely ruled out a potential deal with RAX ." Post your comment!