Rackspace Hosting, Inc. (NYSE:RAX) Swings on News With Cognizant Technology Solutions Corporation (NASDAQ:CTSH), CommScope Holding Company, Inc. (NASDAQ:COMM) | The Cinema Post
Saturday , October 19 2019
Home / Business News / Rackspace Hosting, Inc. (NYSE:RAX) Swings on News With Cognizant Technology Solutions Corporation (NASDAQ:CTSH), CommScope Holding Company, Inc. (NASDAQ:COMM)

Rackspace Hosting, Inc. (NYSE:RAX) Swings on News With Cognizant Technology Solutions Corporation (NASDAQ:CTSH), CommScope Holding Company, Inc. (NASDAQ:COMM)

Rackspace Hosting, Inc. (NYSE:RAX) announced that it released that a sharp increase in profit for Q4 2014 and a significant surge for the year, other than the good news was tempered as the firm anticipates Q1 revenue will miss Wall Street anticipates. For the quarter ended Dec. 31, Rackspace earned $36.9M, or 26 cents per share, as compared with $20.8M, or 14 cents per share, for the year-earlier quarter. That amounts to a 77.5% increase in profit. Rackspace Hosting, Inc. (NYSE:RAX) stock closed at $51.12 in last session with the total traded volume of 4.24 Million. As taking short look on the firm profit margin was recorded 5.50%, and operating margin was recorded 8.10%.

Cognizant Technology Solutions Corporation (NASDAQ:CTSH) released that it is awarding 34 grants to after-school, in-school, and summer programs at 54 sites across the U.S. through its ‘Making the Future’ education initiative. The 2015 grants will provide more than 5,000 young learners with access to over 250,000 hours of making activities focused on STEM topics, including electronics, robotics, computer programming, digital fabrication, 3D printing and wearable technology. Cognizant Technology Solutions Corporation (NASDAQ:CTSH) shown itself as moving stock, raised 1.50% to close at $61.09. Its total outstanding shares are 608.92 million shares and a floated share was 605.83 million with the market capitalization of 37.193 Billion.

CommScope Holding Company, Inc. (NASDAQ:COMM) rose in last trading session as like their counterparts around the globe, wireless network operators across Europe are racing to best support the data applications and throughput speeds that subscriber’s desire. CommScope Holding Company, Inc. (NASDAQ:COMM) is offering a new tool for them to achieve this feat by making its next generation distributed antenna system (DAS) ready for the European marketplace. A unified, low and high power DAS, CommScope’s ION-U® now supports five frequency bands common to Europe, and can be used to extend wireless coverage and capacity in many outdoor settings (oDAS) as well as indoor applications (iDAS). CommScope Holding Company, Inc. (NASDAQ:COMM) increased 2.57% in last regular trading with 2.03 Million trading volume.

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