Tag: Riverbed Technology

  • Information Technolgy Stocks: Xerox Corp (NYSE:XRX), ServiceNow Inc (NYSE:NOW), Rackspace Hosting, Inc. (NYSE:RAX), Riverbed Technology, Inc. (NASDAQ:RVBD), Acxiom Corporation (NASDAQ:ACXM)

    Xerox Corp (NYSE:XRX) thought to have won a multi-million Medicaid Contract againstHewlett Packard Company (NYSE:HPQ) is finding its self in rough water against Texas State. The company is now being sued by Texas State in a bid to recover hundreds of millions of dollars for dental work. The company in a rejoinder commented on the matter’ maintaining that the Lawsuit is misdirected’ as it does not target dentists who took advantage of the system. Xerox Corp (NYSE:XRX) net profit margin is 5.20% and weekly performance is 2.55%. On last trading day company shares ended up $12.46. Analysts mean target price for the company is $12.60. Xerox Corp (NYSE:XRX) distance from 50-day simple moving average is 6.44%.

    Robert W. Baird began coverage on shares of ServiceNow (NYSE:NOW) in a research note issued to investors on Monday. The firm issued a neutral rating on the stock. ServiceNow Inc (NYSE:NOW) shares advanced 0.30% in last trading session and ended the day on $50.41. NOW Gross Margin is 63.10% and its return on assets is -11.80%. ServiceNow Inc (NYSE:NOW) quarterly performance is -28.81%.

    Rackspace Hosting, Inc. (NYSE:RAX)offers a variety of cloud computing services. Rackspace Hosting has been recently listed 6th by 2014 Great Place to Work Awards in the ‘best place to work’ in the ‘Large’ company category in the UK. Rackspace has also been granted ‘Master Status.’ Rackspace Hosting, Inc. (NYSE:RAX) shares moved down -0.08% in last trading session and was closed at $36.03, while trading in range of $35.95-$36.55. Rackspace Hosting, Inc. (NYSE:RAX) year to date performance is -7.92%.

    Shares of Riverbed Technology (NASDAQ:RVBD) have been given an average recommendation of “Hold” by the twenty-seven. One investment analyst has rated the stock with a sell recommendation, sixteen have assigned a hold recommendation and six have given a buy recommendation to the company. Riverbed Technology, Inc. (NASDAQ:RVBD) ended the last trading day at $20.12. Company weekly volatility is calculated as 1.78% and price to cash ratio as 6.81. Riverbed Technology, Inc. (NASDAQ:RVBD) showed a negative weekly performance of -0.05%.

    Acxiom Corporation (Nasdaq:ACXM), an enterprise data, analytics and software-as-a-service company, announced that it has sold its U.K. call center operation, 2Touch, to Parseq Ltd., a leading European business process outsourcing service provider. Parseq is a portfolio company of London based investment firm Parabellum Capital, backed by Harbourvest Partners. The transaction represents yet another step in Acxiom’s journey toward becoming a marketing technology company with a clear vision and singular focus. Acxiom Corporation (NASDAQ:ACXM) net profit margin is 0.80% and weekly performance is -3.14%. On last trading day company shares ended up $22.20. Analysts mean target price for the company is $29.67. Acxiom Corporation (NASDAQ:ACXM) distance from 50-day simple moving average is -22.56%.