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Feb 14, 2012
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the name of the company is rackspace hosting. will they change to it rackspace cloud?e word hosting anymore is because hosting is other than that what you want to hear -- >> a couple of years, companies said they were all green. i'm changing the name of the show to take advantage of the trend. the name of the program is now "cloud signs." the ratings are going to triple because we are a show in the cloud. >> we're going to have a whole lot of hype and buzz about us. and we might -- our bubble might burst. >>> in the meantime, as we've been saying, a lot of companies say they are part of the cloud. but what is the cloud? it's actually proving to be a tougher question than you might thing. the cloud means a lot of things to different people. which companies should and should not be considered a part of the cloud? let's bring in rocky agriwald. who should be kicked out of the colloid? >> everybody's claiming that. it reminds me of the dot-com boom when everybody was adding a dot-com to their name hoping to quadruple their valuation. nobody has a clear meaning of what the
the name of the company is rackspace hosting. will they change to it rackspace cloud?e word hosting anymore is because hosting is other than that what you want to hear -- >> a couple of years, companies said they were all green. i'm changing the name of the show to take advantage of the trend. the name of the program is now "cloud signs." the ratings are going to triple because we are a show in the cloud. >> we're going to have a whole lot of hype and buzz about us. and we...
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Feb 13, 2012
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. >> can rackspace earnings continue to sore? the debate on rackspace is coming up.ust like saying it. rackspace. >> and courtney is playing around at the american international toy fair and she has great friends. >> lackluster holiday season is causing problem in toy land, i'll tell you what toymakers are doing to drive demand that is coming up on the "closing bell." hey, did you ever finish last month's invoices? sadly, no. oh. but i did pick up your dry cleaning and had your shoes shined. well, i made you a reservation at the sushi place around the corner. well, in that case, i better get back to these invoices... which i'll do right after making your favorite pancakes. you know what? i'm going to tidy up your side of the office. i can't hear you because i'm also making you a smoothie. [ male announcer ] marriott hotels & resorts knows it's better for xerox to automate their global invoice process so they can focus on serving their customers. with xerox, you're ready for real business. take the privileged investing tools of wall street and make them simple, intuit
. >> can rackspace earnings continue to sore? the debate on rackspace is coming up.ust like saying it. rackspace. >> and courtney is playing around at the american international toy fair and she has great friends. >> lackluster holiday season is causing problem in toy land, i'll tell you what toymakers are doing to drive demand that is coming up on the "closing bell." hey, did you ever finish last month's invoices? sadly, no. oh. but i did pick up your dry cleaning...
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Feb 14, 2012
02/12
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midday movers, rackspace up big after reporting an 85% increase in fourth-quarter quarters.ospira up. and sales better than expected, 6.5%. michael kors, 23% to the upside. q3 earnings up 47%. on the downside, disappointing q4 results from goodyear tire. masa masco down. and host hotels is down 4% on the nose, guidance missed estimates. get a little more detail on the marketplace. mr. pisani at the nyse. >> hello, brian. the euro has been weaker and the major indices are drift add little bit lower. take a look at the euro. started getting headlines coming out of you're. bottom line is this, the eurozone finance ministers are supposed to have met tomorrow. now looks like there may be a conference call. there's a lot of moving parts here. but tleer or four issues are floating around. the eu has not received the letters from the greek political leaders indicating they would support the terms of the austerity program after the election. they want assurances. they have not gotten them from the eu. secondly, it's not clear to what extent the private sector involvement is ready to
midday movers, rackspace up big after reporting an 85% increase in fourth-quarter quarters.ospira up. and sales better than expected, 6.5%. michael kors, 23% to the upside. q3 earnings up 47%. on the downside, disappointing q4 results from goodyear tire. masa masco down. and host hotels is down 4% on the nose, guidance missed estimates. get a little more detail on the marketplace. mr. pisani at the nyse. >> hello, brian. the euro has been weaker and the major indices are drift add little...
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Feb 14, 2012
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this is a tax called rackspace hosting.ed on the call yesterday they no longer use the word hosting even though you could argue at least 75% of their business is hosting as opposed to what we might call the cloud, and that gets into the gibble about what genuinely is the cloud. >> herb you got to like the fundamentals and look through the ticker, look through the name. >> from a trading perspective, the street has already known the rack space story that most of their earnings were from managing hosting. i think what you're seeing today in the $6 move to the upside is the street now recognizing that they are making progress in moving more towards a cloudier environment. so 13% revenues, now up to 21% revenue. the street is adjusting to that. the ultimate play in the cloud space goes back. but i think the rack space move here could hold on a little bit of an increased -- >> actually, i might want to say something joe, the real play, but you can't play it, and the cloud space that they compete in is amazon. i mean that is genu
this is a tax called rackspace hosting.ed on the call yesterday they no longer use the word hosting even though you could argue at least 75% of their business is hosting as opposed to what we might call the cloud, and that gets into the gibble about what genuinely is the cloud. >> herb you got to like the fundamentals and look through the ticker, look through the name. >> from a trading perspective, the street has already known the rack space story that most of their earnings were...
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Feb 14, 2012
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and rackspace. wall street in general is losing a bit of its luster.g out west? cnbc mary thompson has more. >> in battle for talent, the west isn't winning, it's more of a draw. rob sloan says working on wall street carries a little bit less cache than it did a year ago. >> the allure of wall street has diminished. the sexiness has diminished. it's a tough business. right now it's a brutal business to be in. >> as a result, sloan says wall street is working harder for less pay making it less attractive. profitable is squeezing pay. wall street's paychecks now tied more closely to a firm or unit's long term than short term performance. of course this has bean hallmark of silicon valley where cash starved startups pay in stock and giving an edge to tech where an engineer may earn most of their $2 to $10 million in stock while a wall street million a year is split between cash and stock. if you're an engineering graduate in the top 1% you would be insane to go to wall street and that was probably not the case five years ago. people aren't fleeing finance
and rackspace. wall street in general is losing a bit of its luster.g out west? cnbc mary thompson has more. >> in battle for talent, the west isn't winning, it's more of a draw. rob sloan says working on wall street carries a little bit less cache than it did a year ago. >> the allure of wall street has diminished. the sexiness has diminished. it's a tough business. right now it's a brutal business to be in. >> as a result, sloan says wall street is working harder for less...