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Olark CEO: 'I Imagine Cloud Computing is Like Electricity in 10 Years'
Thursday, June 20, 2013 - 10:14am | 711Read More...Between the yearly outages that occur at Amazon (NASDAQ: AMZN), Microsoft (NASDAQ: MSFT) and Google (NASDAQ: GOOG), many consumers wonder about the future of cloud computing. Some technologists have expressed their concerns about the format. Others go out of their way to support cloud computing....
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Barron's Recap (2/16/12): A Special Report on the Debt Crisis
Saturday, February 16, 2013 - 10:54am | 813Read More...This weekend in Barron's online: a special report on the debt crisis, the coming smartphone slowdown, and the prospects for Linn Energy, American Eagle Outfitters and Rochester Medical. Cover Story "Next Stop, Greece" by Gene Epstein. This part of the special report on the debt crisis suggests...
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Rackspace In-Line with Estimates
Tuesday, August 7, 2012 - 4:41pm | 116Read More...Rackspace Hosting (NYSE: RAX) continues to trade up in after-market hours following the company's second-quarter earnings release. The cloud computing services firm reported a Q2 EPS of $0.18 versus the $0.18 estimate. Rackspace revenues were $319 million versus the estimated $317.81 million,...
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Credit Suisse Updates 6/24/11
Friday, June 24, 2011 - 7:21am | 325Read More...Credit Suisse made a number of updates in a research report published today, Southern Company (NYSE: SO) had its rating upgraded from Neutral to Outperform. At the same time, its price target was raised from $40 to $45. On Thursday, Southern lost 0.56% of its value to close the day at $39.34. Its...
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Bank of America Comments on How Customers View Rackspace and Amazon
Wednesday, June 22, 2011 - 7:59am | 184Read More...Customers that Bank of America spoke with thought of Rackspace Hosting, Inc (NYSE: RAX) and Amazon.com Inc. (NASDAQ: AMZN) “targeting somewhat different segments within the broader infrastructure market.” “Given the broader adoption of the infrastructure segment, it seems to us that there's room...
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Benchmark Raises PT on Rackspace to $43 (RAX)
Friday, February 11, 2011 - 10:53am | 105Read More...Benchmark is out with its report today on Rackspace (NYSE: RAX) raising its PT from $40 to $43. In a note to clients, Benchmark writes, "Rackspace reported 4Q10 results above expectations as growth accelerated. The 2011 growth outlook of greater than 24% is impressively higher than anticipated. New...
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Benchmark Raises PT on Rackspace to $40 (RAX)
Friday, January 28, 2011 - 10:41am | 121Read More...Benchmark is out with its report today on Rackspace (NYSE: RAX), raising its PT from $29 to $40. In a note to clients, Benchmark writes, "Rackspace (RAX), as a high-growth pure-play cloud company, is a takeover candidate as well. RAX has the highest growth in the sector at 23% and has a strong...
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Oppenheimer Reviews Internet Services
Monday, November 8, 2010 - 10:47am | 173Read More...Oppenheimer published its Internet Services Week in Review which included a preview of Rackspace's 3Q results and Terremark's 3Q results. Oppenheimer writes, "We expect Rackspace (NYSE: RAX) to report relatively healthy third-quarter results on Monday after the close. Our revenue forecast of $196M...
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Benchmark On The Internet Sector
Wednesday, October 13, 2010 - 9:09am | 403Read More...Benchmark has downgraded the Internet sector from Overweight to Market Weight and core internet holdings currently are believed to be Expedia (NASDAQ: EXPE), Google (NASDAQ: GOOG) and Priceline.com (NASDAQ: PCLN). In the report, Benchmark writes "The Internet Holdings Company Depositary Receipts...
