Shares of FireEye Inc (NASDAQ:FEYE) ended Friday session in red amid volatile trading. The shares closed down -0.62 points or -4.07% at $14.61 with 169.68 million shares getting traded. Post opening the session at $15.22 the shares hit an intraday low of $14.50 and an intraday high of $15.22 and the price vacillated in this range throughout the day. The company has a market cap of $2.38 billion and the numbers of outstanding shares have been calculated to be 169.68 million shares.
FireEye Inc (FEYE) announced participation in upcoming conference.
Deutsche Bank 2016 Technology Conference
Las Vegas, NV
Presentation: Wednesday, September 14, 2016 at 10:20 a.m. PDT
The above presentation will be webcast. Links to the live and archived webcasts will be available from the investor relations section of the company’s website at http://investors.fireeye.com/events.cfm.
Shares of Rackspace Hosting, Inc. (NYSE:RAX) ended Friday session in red amid volatile trading. The shares closed down -0.02 points or -0.06% at $31.48 with 125.81 million shares getting traded. Post opening the session at $31.49 the shares hit an intraday low of $31.47 and an intraday high of $31.53 and the price vacillated in this range throughout the day. The company has a market cap of $3.96 billion and the numbers of outstanding shares have been calculated to be 125.81 million shares.
Rackspace Hosting, Inc. (RAX) on September 08, 2016 announced that Alert Logic, a leader in security and compliance solutions for the cloud, is using Rackspace Fanatical Support® for Office 365 and Fanatical Support for Microsoft Azure to optimize performance across a portfolio of Microsoft services.
As a leading provider of Security-as-a-Service for on premises, cloud and hybrid infrastructures, Alert Logic was searching for the consistency and reliability of a trusted service provider to develop and support its deployment of Microsoft Active Directory Federated Services. Additionally, the company needed to streamline its usage of Microsoft Office 365 as its company-wide email and productivity solution, which enables its more than 700 employees to communicate effectively and securely, while not posing a burden on central IT to manage and update.
To meet these needs, Alert Logic teamed with Rackspace to provide support for Microsoft Azure and Office 365. With Fanatical Support for Microsoft Azure, Alert Logic leverages the Rackspace professional services team to deploy and manage its Active Directory Federation Services, helping minimize costs and increase reliability for identity and access management. Additionally, Fanatical Support for Office 365 allows Alert Logic to offload the day-to-day management of the productivity and collaboration suite, including migrations and updates.
“Alert Logic and Rackspace have a strategic relationship that spans almost 10 years, so we were well aware of the expertise and level of support that the company brings to the table,” said Tom Veronie, CIO at Alert Logic. “Rackspace Fanatical Support coupled with their unmatched expertise in supporting Microsoft solutions allows Alert Logic to offload critical IT management functions to Rackspace, while reallocating our internal resources in a way that is more unique to our business and fosters innovation and growth.”