Rackspace Stock/Volume Alerts (RAX)
Whenever there is one merger in tech, it seems that everyone jumps right back to the cloud for M&A targets. Despite the issue that Rackspace Hosting, Inc. (NYSE: RAX) management has gone as far as saying it will stay independent when asked about it being a possible M&A candidate, shares are up and options and [...]
Less Disappointing Disappointment at MEMC (WFR)
MEMC Electronic Materials Inc. (NYSE: WFR) posted poor earnings last night and withdrew from offering up guidance. The company reported earnings of $17.6 million, or $0.08 EPS. Before items the figure was $0.10 EPS. Revenues were up about 60% at $503.1 million. Thomson Reuters had consensus estimates of $0.13 EPS $531.3 million in revenues. Withdrawing [...]
Melco Profits Come Ahead of Plan (MPEL)
Melco Crown Entertainment Ltd. (NASDAQ: MPEL) is surging higher on strong pre-market volume after beating earnings estimates and posting a profit. The Macau casino operator posted earnings of $0.03 EPS and a 45% gain in revenue of $727 million versus Thomson Reuters estimates of -$0.01 EPS and revenues of $672.9 million. What gets interesting is [...]
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