RAX: Rackspace (RAX +3.1%) catches a bid on fresh...

12:54 PM Rackspace (RAX +3.1%) catches a bid on fresh speculation IBM is considering a bid for the company - a former IBM exec told GigaOm last month the IT giant has eyed both Rackspace and rival SoftLayer as M&A targets. Rackspace's Q1 report arrives on May 8; 12.3% of the float was shorted as of April 15. (also) Read comments

RAX price at time of publication: $50.40. Check RAX price now »

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Focus Articles on RAX

• Bear Of The Day: Rackspace by Zacks Investment Research
• Rackspace Earnings Disappoint On Record Results by David Dyer
• Rackspace Preview: Higher Earnings Expected by David Dyer

Press Releases on RAX

• Increased Demand for Mobile Devices and Apps for Work Signals End of Traditional 'PC Era' (Business Wire)
• CORRECTING and REPLACING Rackspace to Live-Stream 2013 Annual Stockholders Meeting (Business Wire)
• Rackspace to Host Conference Call for First Quarter 2013 Results (Business Wire)

Related Articles on RAX

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StockTalk on RAX: RAX StockTalk | Twitter RAX | Twitter $RAX | RAX Instablogs

Recent Market Alerts on RAX: All currents | Earnings | Dividends | M&A | On the move

Transcripts on RAX

• Rackspace Hosting's Management Presents at Deutsche Bank's DbAccess 21st Annual Media and Telecom Conference (Transcript)
• Rackspace Hosting's Management Presents at Morgan Stanley Technology, Media & Telecom Conference (Transcript)
• Rackspace Hosting, Inc. Presents at Goldman Sachs Technology & Internet Conference 2013, Feb-14-2013 11:00 AM

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