Shares of Rackspace Hosting Inc. (RAX) were up +2.76 or +7.41 percent to $40.00 per share in Monday's premarket trading after news of a possible takeover of the company by telecommunications company CenturyLink (CTL). …
Optimism about the pro-growth policies of President Donald Trump, a real estate mogul and author of 'The Art of the Deal,' has boosted the M&A outlook for this year. Networking behemoth F5 Networks could catch the attention of activist …
Investors in Rackspace Hosting Inc (Symbol: RAX) saw new options become available this week, for the November 20th expiration. At Stock Options Channel, our YieldBoost formula has looked up and down the RAX options chain for the …
Rackspace is having a rough day in the market today, and for good reason. After the closing bell yesterday, the company reported earnings. While earnings and revenue came in ahead of expectations, they also showed a negative trend. On …
Rackspace Hosting, Inc. (RAX) was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the …
Rackspace Hosting, Inc. (NYSE:RAX) stock surged a little over 4% in the last trading session, after the news regarding its potential buyout came to light. Apollo Global Management, U.S based private equity firm, disclosed its intentions of …
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The equity market returns were very disappointing in the third quarter, “thanks” to the slowdown of China’s economy and the weaker-than-expected U.S. economic data. It was not entirely clear whether the broader market sell-off made U.S. …
Back in July, in our Investment U Stock Grader column, we covered rumors that cloud service provider Rackspace Hosting Inc. (NYSE: RAX) was considering taking itself private. At the time, shares jumped more than 7% on the news that the …
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Chuck is an independent investor and have been involved with financial markets for 31 years. He writes articles on the markets and the economy, a mixture of commentary on current events as well as economic theory.