Rackspace (RAX) bulks up with two small deals to take on Amazon (AMZN) in the fast-growing cloud computing industry: The hosting company has picked up Slicehost ad Jungle Disk for $11.5 million in cash and stock and up to $16.5 …
Cloud hosting giant Rackspace Hosting, Inc. (NYSE:RAX ... company is being taken private for $32 per share. Apollo Global (NYSE:APO) is buying the company for $32 in cash, or around $4.3 billion. That takeover price represents only …
Rackspace (NYSE: RAX) is in advanced talks to be sold to private equity, according to Dow Jones, citing sources. An agreement could be announced as soon as this week. Shares are currently halted due to a circuit breaker.
D.A. Davidson downgraded Rackspace Hosting, Inc. (NYSE: RAX) Friday from Neutral to Underperform and set ... “Since the company ceased its efforts to find ‘strategic alternatives’, the stock has rebounded significantly, supported by a …
Under terms of the agreement concluded last month, Miami Subs and Rax will issue to each other warrants to purchase 1 million shares of common stock priced at or near recent market levels. ``This will give franchisees another alternative in …
Daniel Loeb Stock Picks Daniel Loeb Current Portfolio This Powerful Chart Made Peter Lynch 29% A Year For 13 Years Loeb's largest new positions started in the second quarter are: Ally Financial Inc. (ALLY), Rackspace Hosting Inc. …
(Continued from Prior Part) Growing competition and weakening position of Rackspace in cloud weighed heavily on its stock Earlier in the series, we discussed growth in the cloud space. We also discussed that though Rackspace (RAX) …
The other red meat As for the Hereford pigs, they arrived later at Rax and Trax Farms ... Farm breeding is how the Gotshalls prefer to replenish their stock. Purchasing cattle and hogs from other farms and breeders is not optimal. "Not …
If Amazon falls, the put may allow us to buy the stock at a lower price. If Amazon rises, the options premium is income. This article originally appeared on TradingAuthority.com: A 27% 'Instant Dividend' From Amazon Position your …