FREMONT, Calif.----Rackable Systems, Inc. , a leading provider of servers and storage products for large-scale data centers, today announced that Mark Barrenechea, president & CEO, and Jim Wheat, chief financial officer, will participate in the Barclays Capital Global Technology Conference on Wednesday, December 10, 2008.
The world's top software maker plans to build about 20 state-of-the-art data centers as it tries to outpace cloud computing rival Google, BusinessWeek has learned
FREMONT, Calif.----Rackable Systems, Inc. , a leading provider of servers and storage products for large-scale data centers, today announced its participation in Gartner’s 27th Annual Data Center Conference, December 2 – 5 in Las Vegas.
FREMONT, Calif.----Rackable Systems, Inc. , a leading provider of servers and storage products for large-scale data centers, today announced the immediate availability of servers based on the new Quad-Core AMD Opteron™ processors .
FREMONT, Calif.----Rackable Systems, Inc. , a leading provider of servers and storage products for large-scale data centers, today announced that Mark Barrenechea, president & CEO, and Jim Wheat, chief financial officer, will participate in the UBS Global Technology and Services Conference on Wednesday, November 19, 2008.
The Think Eco-Logical(TM) initiative, amilestone thought leadership program supported by IT professionals acrossmultiple industries, is being launched today to educate enterprises andorganizations on combining environmental concerns with intelligent businessmanagement. The core theme of the Think Eco-Logical movement addresses boththe environmental side (Eco) of IT sustainability imperatives and theeconomics (Logical) of achieving environmental efficiencies.
Rackable Systems, Inc. (NASDAQ:RACK), a leading provider of servers and storage products for large-scale data centers, today announced its participation in Gartner?s 27th Annual Data Center
Rackable Systems, Inc. (NASDAQ:RACK), a leading provider of servers and storage products for large-scale data centers, today announced the immediate availability of servers based on the new Quad-Core
Rackable Systems, Inc. (NASDAQ:RACK), a leading provider of servers and storage products for large-scale data centers, today announced that Mark Barrenechea, president & CEO, and Jim Wheat,
Rackable Systems, Inc. (NASDAQ:RACK), a leading provider of servers and storage products for large-scale data centers, today announced financial results for the third quarter of fiscal year 2008.
Rackable Systems, Inc. (NASDAQ:RACK), a leading provider of servers and storage products for large-scale data centers, today announced the availability of the Rackable Systems CloudRack?, a new,
Rackable Systems, Inc. (NASDAQ:RACK), a leading provider of servers and storage products for large-scale data centers, today announced the availability of the C2005 server, which is designed for
While media will tilt their camera lenses toward retail shopping on Black Friday to kick off the beginning of the Christmas holiday and the deep seasonal price tag discounts, you might actually witness better bargains in this stock market that will have lasting benefits long after the gift wrapping finds itself crumpled in the trash can and the discarded remnants of decorated evergreen trees litter the yard.
It was recently reported that nearly 20% of the S&P 500 was comprised of stocks trading below $10.00 per share. That is incredible to think how far and how fast this...
Freddie CEO ignored red flags. Freddie Mac (FRE) CEO Richard Syron chose to ignore internal warnings that, if heeded, could have shielded the GSE from some of its current devastation. As early as 2004, then chief risk officer David Andrukonis told Syron the bad loans the company was buying likely posed "an enormous financial and reputational risk to the company and the country." Syron: "If I had perfect foresight, I would never have taken this job in the first place." He also notes that shareholders and regulators often have...
After a dismal first quarter of 2008, data center stocks roared back to huge gains in the second quarter, with 9 out of 12 publicly held companies scoring double-digit gains. All but one data center specialist beat the Dow, which declined 7.44 percent in the second quarter, while the S&P 500 fell 3.3 percent and the NASDAQ managed a 0.6 percent gain.
The surge marked a solid recovery from the first quarter, when all 13 stocks we track lost ground (one company, Bladelogic, has since been acquired). Shares of data center companies were beaten up early in the year by...
Microsoft talks tough. On its FQ3 earnings call, Microsoft (MSFT) rehashed its threat to wage a proxy war to take over buyout target Yahoo (YHOO), but also sent a clear signal that it may just walk away. "The strongest argument that I?ve heard on why we should increase our bid, simply that we can afford to, is not one that I favor. We?ve yet to see tangible evidence that our bid substantially undervalues the company. In fact we see the opposite. Yahoo continues to lose search share and profitability...
After Rackable Systems, Inc. (RACK)
had the market for high-density, low-power servers to itself, larger
competitors have entered the market, driving intense pricing
competition. Although we expect price competition to continue, we
believe new management has the company focused on differentiating
Rackable?s solution and are optimistic that the company will return to
profitability in early 2009.
Rackable Systems currently trades at 0.7x our 2008 revenue estimate,
a discount to the industry mean. Rackable continues to compete in an
aggressive environment with stiff competition from market giants, Dell Inc. (DELL) and Hewlett-Packard (HPQ).
We do not expect the company to return to...
Apple Computer Inc. (AAPL) - Apple's much anticipated after-the-bell report has market players keen for a gander at the first full quarter of iPhone sales, and greater disclosure surrounding Apple's commission structure with iPhone servicer AT&T. While the market is generally positioned for price appreciation in the wake of its earnings report, the fact that shares have gained 25% over the past quarter suggests that valuation may be sitting a bit heavy on some traders. With shares 1.8% higher at $173.50, bullish near-term expectations are finding expression through heavy buying in November calls at the 175 and 180 strikes. The...
FREMONT, Calif.--(BUSINESS WIRE)--Rackable Systems, Inc. (NASDAQ:RACK), a leading provider of servers and storage products for large-scale data centers, today announced that Mark Barrenechea ...
WOODLAND HILLS, Calif., Dec. 3 /PRNewswire/ -- Cowan Alexander, LLC, a leading technology auction firm and veteran of 500 + dot com auctions today announced a major webcast equipment auction with ...
PALO ALTO, CA--(Marketwire - December 2, 2008) - The Think Eco-Logical? initiative, a milestone thought leadership program supported by IT professionals across multiple industries, is being ...
Nov 30, 2008 (10Meters.com via COMTEX) -- RACK | Quote | Chart | News | PowerRating -- Rackable Systems, a provider of servers and storage products for large-scale data centers, announced its ...
Rackable Systems has revealed it plans to attend Gartner's 27th data centre conference to showcase its latest offering. To be run between December 2nd and 5th in Las Vegas, attendees to the ...
FREMONT, Calif.--(BUSINESS WIRE)--Rackable Systems, Inc. (NASDAQ:RACK), a leading provider of servers and storage products for large-scale data centers, today announced its participation in ...
November 10, 2008 - TR-36B is a rack mount analogue V.34 PSTN and 2 or 4 wire leased line modem. The modem and its rack are designed for harsh industrial applications where a number of modems are ...
Nov 15, 2008 (Zacks Investment Research via COMTEX) -- RACK | Quote | Chart | News | PowerRating -- Rackable Systems, Inc. (RACK) continues to lead in green technologies for lower power ...
FREMONT, Calif.--(BUSINESS WIRE)--Rackable Systems, Inc. (NASDAQ:RACK), a leading provider of servers and storage products for large-scale data centers, today announced the immediate availability ...
Energy shares rack up steep losses Monday, setting the pace in the fourth-worst day ever for the Dow Jones Industrial Average as oil prices drop below $50 a barrel and more gloomy economic data rolls in from around the world.
Retailers may be racking up big receipts from Black Friday and into Cyber Monday, but will investors move to snap up retail stocks? Denise Shull, President of consulting firm TraderPsyches, tells Kelsey Hubbard that retail sector stocks will continue to be battered despite the perceived pop in consumer holiday spending. (Dec. 1)
SAN FRANCISCO (MarketWatch) -- A Wal-Mart worker at its Long Island store has died after being trampled by a throng of unruly shoppers looking for Black Friday bargains, according to media reports Friday. At least three other people were injured in the incident, the reports said. The exact cause of death was not known yet. Black Friday takes its name from the profits retailers hope to rack up at the start of the holiday shopping season.
NEW YORK (MarketWatch) -- The weekend bailout of Citigroup Inc. included yet another new government plan for propping up the nation's financial system. This time around, the feds may be closer to a final working blueprint in which it both invests in financial institutions, and also insures those same institutions against bottomless future losses. On Sunday evening, the U.S. government worked quickly to stave off a growing crisis of confidence in Citigroup.
Walt Disney Co. and Imax Corp. have forged a new deal that will bring five Disney films to Imax's ultrabig screen theaters, beginning with "A Christmas Carol" in the 2009 holiday season.
U.K. stocks reversed early losses to close higher on Tuesday, with a pick-up in the insurance sector countering the continued pressure that banks have seen.
U.S. stocks on Friday fall sharply to tally a second straight week of losses as a record decline in retail sales and a warning of falling mobile-phone sales hammered home the ongoing fallout of the ailing economy.
With the downturn in the economy exacerbated by rising unemployment, the financial sector meltdown and stock market volatility, consumers' confidence has hit rock bottom and their desire to spend is in a freeze mode. And with this happening just on the verge of retailers' critical holiday shopping season, some industry analysts predict this will be the worst season in at least 17 years.
The most powerful people in the world will dine Friday night on roasted rack of lamb, fruitwood-smoked quail and a chanterelle-jussed tomato, fennel and eggplant fondue, while millions of people around the world lose their jobs, their homes and their hopes.
DreamWorks enjoys a strong box-office over the weekend with the debut of "Madagascar: Escape 2 Africa," which racks up more than $63 million in gross receipts.