Rackspace Cloud News

Rackspace Hosting traded down 0.98% on Monday, hitting $39.29. Rackspace Hosting has a 1-year low of $38.30 and a 1-year high of $81.36. The stock's 50-day moving average is currently $46.11. The company has a market cap of $5.426 billion and a price-to-earnings ratio of 51.53. Rackspace Hosting last released its earnings data on Wednesday, May ... (more)

BOSTON, May 14, 2013 /PRNewswire via COMTEX/ -- Cloudant, provider of a globally distributed database-as-a-service , today announced $12 million in series B funding from Devonshire Investors, the private equity firm affiliated with Fidelity Investments; Rackspace Hosting, the open cloud leader; and Toba Capital.

Yet the skeptics may be overreaching. Sure, Rackspace's revenue growth is slowing, but with gross margin rising, concerns over collateral damage caused by an ongoing cloud storage price war between Amazon.com are probably unjustified.

Compelling consumer applications are created every day. Are you ready for the IT implications both internally and externally? As your datacenter needs more capacity, the cloud will be critical to success.

The firm currently has a a neutral rating on the stock. Several other analysts have also recently commented on the stock.

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Shares of Rackspace Hosting , the open cloud company, lost a quarter of their value in Thursday's trading session after the company reported a disappointing set of first quarter results.

's stock had its "buy" rating reiterated by investment analysts at TheStreet in a note issued to investors on Monday, AnalystRatingsNetwork.com reports.

Rackspace Hosting, Inc delivered a profit and missed Wall Street's expectations, AND came up short on beating the revenue expectation.

Give yourself an advantage in today's market. In order to become successful, you need to have information as it happens and understand how it plays out into future stock price.

Rackspace's Wayne Walls to discuss nova cells and how it is changing the way cloud applications and infrastructure are designed OpenStack Cells is one of the most anticipated features in Grizzly, the seventh release of the open source software that offers more block storage options and scalability.

Advanced Micro Devices, Inc. : By the end of last trading session, the shares of Advanced Micro Devices earned with 47.17 million shares exchanged hands, compared to its average daily volume 26.98 million shares.

The firm currently has a "market outperform" rating on the stock. Other equities research analysts have also recently issued reports about the stock.

Rackspace Hosting, Inc. , the open cloud company, announced that Jason Luce, vice president of finance, and Bryan McGrath, director of finance, will present at the following investor conferences during May and June: Bank of America Merrill Lynch Global Technology Conference, Wednesday, June 5, 2013 3:15 pm PT in San Francisco, CA Rackspace Hosting ... (more)

Rackspace , the cloud services provider and OpenStack proponent, delivered weaker than expected quarterly earnings results today.

Rackspace Hosting Inc., one of the most prominent tech firms in San Antonio, announced that it earned 19 cents a share in the three months ended March 31 - missing Wall Street's estimates for the second straight quarter.

Rackspace Hosting, Inc. , the open cloud company, announced financial results for the quarter ended Marchi 1 231, 2013.

Nearly three quarters of employees are demanding more business-level apps from their employers, which they can install on mobile devices to access corporate IT systems Nearly three quarters of employees are demanding more business-level apps from their employers, which they can install on mobile devices to access corporate IT systems, a new study ... (more)

Analysts project a profit of 21 cents a share, a rise from 17 cents per share a year ago.