Rackspace Hosting

U.S. stocks closed the day slightly higher to close out the week as investor concerns over escalating violence in Iraq remains. As was the case during the height of the Russia and Ukraine confrontation, investors are hesitant of holding on to investments over the weekend. U.S. Secretary of...

Most of the S&P 500 have already posted their first-quarter results. This week, big retailers begin to share their earnings reports. Wal-Mart (NYSE: WMT), the big daddy of retailers, steps onto the earnings stage Thursday. Macy's (NYSE: M) and J.C. Penney (NYSE: JCP) are also scheduled to...

We are on the verge of huge technological change, according to analysts at Oppenheimer. They see a coming convergence of mobile and cloud computing with telecommunications, in which companies such as DirecTV (NASDAQ: DTV), Rackspace Hosting (NYSE: RAX) and T-Mobile US (NYSE: TMUS) may be may...

U.S. stocks rose on Tuesday as the Federal Reserve's new Chief Janet Yellen reassured investors that she is the right person for the job. In her congressional testimony, Yellen promised to stay the course in regards to the Federal Open Market Committee's approach to monetary policy. Yellen also...

After the market closes on Monday, Rackspace Hosting (NYSE: RAX) will report its first quarter results. The current consensus expectation is for Rackspace to report an EPS of $0.14 and $404.86 million revenue. Investors will have high expectations for the company's earnings, as the cloud space has...

The earnings season is winding down. Most of the S&P 500 have reported fourth-quarter results, and the good news is that earnings beats have outnumbered earnings misses. Here is a quick rundown of what analysts expect from some of this week's most prominent quarterly reports. America Movil...

U.S. stocks rallied for the second straight day, ending a tumultuous week on a positive note as investors found more positives than negatives in today's job reports. "It was bad, but not that bad," an investment officer at Wells Fargo told CNBC. "We've made some progress here, we still think we...

In the wake of the Hosting and Cloud Transformation Summit in Las Vegas, analysts at Cowen & Co. have released a new report suggesting that merger and acquisition activity in the sector could occur soon. So far this year, little of the increased spending on storage and networking that...

It doesn’t happen often, but for once Wall Street and the White House see eye to eye. Wall Street firms applauded the Obama administration’s move to reign in the flood of patent-related lawsuits The Wall Street Journal reported, Wednesday. Technology companies claim that the number of lawsuits...