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Fly News Breaks for July 13, 2015
MSFT, RAX
Jul 13, 2015 | 12:01 EDT
Wells Fargo views Rackspace's (RAX) agreement to support Microsoft's (MSFT) Azure cloud service as a positive for shares. While Wells expect minimal revenue contribution from the partnership in 2015, it thinks the pact expands Rackspace's addressable market. The agreement should also help should Rackspace improve capital returns, Wells tells investors in a research note. It keeps an Outperform rating on the stock.
News For RAX;MSFT From the Last 2 Days
MSFT
Apr 23, 2024 | 09:31 EDT
MSFT
Apr 23, 2024 | 06:19 EDT
MSFT
Apr 22, 2024 | 08:33 EDT
MSFT
Apr 21, 2024 | 06:24 EDT
Shares of Walmart-backed (WMT) Ibotta soared in their market debut, rising more than 30% and giving the digital marketing company a valuation of about $3. 55B... To see the rest of the story go to thefly.com. See Story Here
