Rackspace's board of directors unanimously approved the transaction and recommends that stockholders vote in favor of the deal. The company's stock has risen this year, up more than 24 percent. RAX 2016 Chart — Additional reporting by …
Jun 2, 2014 04:59PM CommScope (COMM) Files to Sell Up to 15M Common in Secondary Offering Mar 28, 2014 06:03AM CommScope (COMM) Prices 17.5M Common Secondary Offering at $22/Share Mar 25, 2014 09:27AM Pre …
Did Miami put too much stock in the 30-11 finish? Evidently, Pat Riley was smitten enough to forgo a facelift. And as a result of Tyler Johnson’s mushrooming contract ($19 million this season), the Heat will carry a payroll of roughly $126 …
On the other hand, the RAX of the world spend the bulk of their capex on fast depreciating servers and other IT infrastructure, which must be turned over rather frequently in order to serve up customer websites in a quality manner …
The Dow Jones Industrial Average is open today (Tuesday) after being closed in the United States in observance of Presidents Day. On Friday, the Dow Jones gained more than 313 points thanks to a rebound in financial and energy …
Today, investors are focusing on what’s to come from retail, where “the U.S. stock market is dealing with a mauling bear market that has already been unleashed,” says Gerring Capital’s Eric Parnell. He pointed out that seven of the 10 worst ...
Apollo Global Management (APO) announced this morning that it would buy Rackspace Holdings (RAX) for $4.3 billion, which represents a 6% premium over RAX shares previous price. APO shares are down 0.22% on the day and RAX …
RBC Capital upgrades Rackspace Hosting (NYSE: RAX) from Sector Perform to Outperform. To see all the upgrades/downgrades on shares of RAX, visit our Analyst Ratings page. Rackspace Hosting, Inc. (Rackspace Hosting) …
Rackspace Hosting, Inc. provides managed hosting solutions.It offers e-commerce, email hosting, productivity and collaboration, web content management, data services, web and mobile application, managed security and compliance, …
A Melbourne man, allegedly part of the Anonymous online collective, has been charged over the revenge hacking of Australian intelligence agency websites. Mathew John Hutchison faced Melbourne Magistrates Court this week, …