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Rackspace Hosting, Inc. (NYSE:RAX) Announces New Data Center and CDN Upgrade to its Platform

Rackspace Hosting, Inc. (NYSE:RAX) has announced the opening of its new data center, to be run in collaboration with Digital Reality Trust, Inc. (NYSE:DLR). The center is located in Crawley, UK. The company also announced the launch of its Content Delivery Network. The new network will be powered by Akamai Technologies. Akamai and Rackspace have […]

Rackspace Hosting, Inc. (NYSE:RAX) Delivers Memory Optimized Processing and Bare Metal Speed For Hadoop With Spark

Boston, MA 10/16/2014 (wallstreetpr) – According to reports, Rackspace Hosting, Inc. (NYSE:RAX) announced the release of OnMetal Cloud Big Data Platform. The main objective behind its release is to enable customers to deploy bare-metal instances of Apache Hadoop with Spark within three clicks. With the help of this new solution of RAX, the speed of Hadoop […]

Brian Kelly Becomes The New Chief Security Officer of Rackspace Hosting, Inc. (NYSE:RAX)

Boston, MA 10/10/2014 (wallstreetpr) – According to reports, Rackspace Hosting, Inc. (NYSE:RAX) has announced the name of its new Chief Security Officer. As per the information, Brian Kelly will be the new CSO of the company and will take care of all the security-related issues, whether physical or IT, of the company. Not only he […]

Stocks In Action: Zynga Inc (NASDAQ:ZNGA), Rackspace Hosting, Inc. (NYSE:RAX), Teradata Corporation (NYSE:TDC)

Boston, MA 10/10/2014 (wallstreetpr) – Social game developer Zynga Inc (NASDAQ:ZNGA) announced on 9th October that it is launching a new upgraded version of its popular gaming title “New Words With Friends” to commemorate its fifth year anniversary. The reworked title would be available for gaming enthusiasts to download on App Store and Google Play. […]

Rackspace Hosting, Inc. (NYSE:RAX) To Adopt Stand-Alone Plan For The Cloud Future

Boston, MA 09/18/2014 (wallstreetpr) – Rackspace Hosting, Inc. (NYSE:RAX) will be taking a stand-alone plan for the future of the company, at least what seems visible to the eyes, as of now. The company announced that it is calling-off the strategic evaluation, which led to prospective of merger with another company or acquisition by someone […]

Is Rackspace Hosting, Inc. (NYSE:RAX) Ready For Sale?

Boston, MA 09/09/2014 (wallstreetpr) – Is open cloud company with a diverse portfolio, Rackspace Hosting, Inc. (NYSE:RAX) ready for sale? The race to grab the growing market in cloud computing has obviously been driving even several big companies such as Microsoft Corporation (NASDAQ:MSFT) or Google Inc (NASDAQ:GOOGL) to scout for acquisitions. While Rackspace Hosting has not indicated […]

Rackspace Hosting, Inc. (NYSE:RAX) Stands 6th In “Best Place To Work” List; Earns “Master Status”

Boston, MA 05/29/2014 (wallstreetpr) – Rackspace Hosting, Inc. (NYSE:RAX) has earned the sixth position in the “Best Place To Work” list of the 2014 Great Place to Work Awards. The open cloud company has earned the recognition in the “Large” company class of the Awards this year. It has been a part of the list for […]

As Potential Suitors Come Knocking, Rackspace Hosting, Inc. (NYSE:RAX) Taps Morgan Stanley (NYSE:MS) To Evaluate Options

Boston, MA 05/16/2014 (wallstreetpr) – The $5 billion market capped web-hosting company Rackspace Hosting, Inc. (NYSE:RAX) has hired Morgan Stanley (NYSE:MS) to help it explore options as potential suitors come knocking. The company seeks to evaluation several strategic options for its future that include partnership or a sale. The company recently said in a filing […]

Rackspace Hosting, Inc. (NYSE:RAX): A Solid Quarter Disclosed By Q1 Results

Boston, MA 05/14/2014 (wallstreetpr) – Recently, Rackspace Hosting, Inc. (NYSE:RAX) has disclosed the Q1 financial results for the year 2014. The company has shown good performance, which can be called solid as far as the revenue is concerned, which has witnessed an increase. The increase in revenue by the company is not only on a year-over-year […]

Stocks On The Run: Rackspace Hosting, Inc. (NYSE:RAX), Varonis Systems Inc (NASDAQ:VRNS), Orient Paper Inc (NYSEMKT:ONP)

Boston, MA 03/26/2014 (wallstreetpr) – Rackspace Hosting, Inc. (NYSE:RAX) was upgraded by Morgan Stanley (NYSE:MS) on a note issued to investors Tuesday. The firm elevated RAX from “equal weight” to “overweight” and went on to cite that the stock was poised to hit price target of $45. Analysts at Morgan Stanley observed that RAX shows […]

Rackspace Hosting, Inc. (NYSE:RAX)’s stock is in focus

Boston, MA 07/11/2013 (wallstreetpr) – A lot of research reports have been recently focusing on the stock of Rackspace Hosting, Inc. (NYSE:RAX), with analysts at The Street reiterating the earlier “hold” rating for the company. By the end of June 2013, equity research analysts at the Wells Fargo & Co reiterated downwards the stock’s price target […]

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