Best Cheap Web Hosting

With security becoming more of an issue with each passing day, companies need to look more closely into their options for email hosting. For companies now looking to migrate their employees' dedicated email to the cloud, Intermedia has opened up their Dedicated Microsoft Exchange service, using Amazon Web Services – Amazon's answer to Azure. The new dedicated Exchange service stands to compete with Amazon's own WorkMail service though that service is more generally available than its new Exchange counterpart.

The service is designed for large companies who want to set up an email system that can be tweaked to hold itself to high-security standards, and can be seamlessly integrated into a company with 10 or 10,000 employees. Microsoft's Exchange service has already proven itself to be more than capable, and in the hands of a company like Intermedia, it can be an even stronger option when companies are looking to move into the cloud.

Here are some of the selling points listed on Intermedia's website:

Centralized management with our HostPilot Control Panel.

Enterprise-grade security that's validated by a SOC 2 audit.

Free migration performed by our Cloud Concierge experts, who migrate 15,000 mailboxes every month without downtime or data loss.

24/7 phone support with typical hold times of less than 60 seconds.

Additional online support and training.

Scalability to thousands of users.

The service is being offered at rates that range from $12 to $16 per user per month – a payment plan that differs greatly from the average bill from AWS, which usually varies more based on how much computing power was actually used. The new payment plan makes for a more reliable bill on both sides of the transaction, and should be relatively agreeable for many companies who want to be able to predict what they have to spend each month.

AmazonAmazon Web ServicesIntermediaMicrosoft Exchange

Source: Intermedia's dedicated Microsoft Exchange service now available on Amazon Web Services

Tweet

Rackspace Hosting, Inc. (NYSE:RAX) CEO Taylor Rhodes sold 14,325 shares of the company's stock in a transaction dated Thursday, January 14th. The stock was sold at an average price of $20.24, for a total transaction of $289,938.00. Following the completion of the sale, the chief executive officer now directly owns 247,349 shares of the company's stock, valued at $5,006,343.76. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

SEC Filings

Several institutional investors recently made changes to their positions in the stock. Acadian Asset Management boosted its position in shares of Rackspace Hosting by 3,208,917.7% in the fourth quarter. Acadian Asset Management now owns 1,989,591 shares of the hosting company's stock valued at $50,375,000 after buying an additional 1,989,529 shares during the last quarter. LGT Capital Partners bought a new position in shares of Rackspace Hosting during the fourth quarter valued at about $9,879,000. Fox Run Management bought a new position in shares of Rackspace Hosting during the fourth quarter valued at about $375,000. Finally, Janus Capital Management boosted its position in shares of Rackspace Hosting by 1.6% in the third quarter. Janus Capital Management now owns 825,700 shares of the hosting company's stock valued at $20,378,000 after buying an additional 12,732 shares during the last quarter.

Today's Trading

Rackspace Hosting, Inc. (NYSE:RAX) traded down 7.24% during midday trading on Friday, reaching $18.84. The company's stock had a trading volume of 2,539,616 shares. Rackspace Hosting, Inc. has a 12-month low of $18.00 and a 12-month high of $56.20. The stock has a market cap of $2.54 billion and a P/E ratio of 20.48. The stock's 50 day moving average is $25.29 and its 200 day moving average is $28.91.

Rackspace Hosting (NYSE:RAX) last announced its quarterly earnings data on Monday, November 9th. The hosting company reported $0.26 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.06. The company earned $509 million during the quarter, compared to analysts' expectations of $503.08 million. During the same quarter in the previous year, the business posted $0.18 EPS. The business's quarterly revenue was up 10.7% compared to the same quarter last year. Analysts anticipate that Rackspace Hosting, Inc. will post $0.89 earnings per share for the current year.

Analyst Ratings

RAX has been the subject of a number of research reports. William Blair reaffirmed an "outperform" rating on shares of Rackspace Hosting in a research note on Monday, October 12th. Zacks Investment Research lowered shares of Rackspace Hosting from a "hold" rating to a "sell" rating in a research note on Tuesday, October 13th. Bank of America upgraded shares of Rackspace Hosting from a "neutral" rating to a "buy" rating and reduced their target price for the stock from $47.00 to $38.00 in a report on Monday, November 2nd. Cowen and Company reiterated a "buy" rating and issued a $52.00 target price (up from $48.00) on shares of Rackspace Hosting in a report on Tuesday, November 10th. Finally, Jefferies Group reduced their target price on shares of Rackspace Hosting from $38.00 to $33.00 and set a "hold" rating for the company in a report on Tuesday, November 10th. Four research analysts have rated the stock with a sell rating, eight have assigned a hol d rating, thirteen have given a buy rating and two have issued a strong buy rating to the company. The company has a consensus rating of "Hold" and an average target price of $40.41.

Rackspace Hosting Company Profile

Rackspace Hosting, Inc. (NYSE:RAX) operates in the managed cloud segment of the business information technology (IT) market. The Company offers a portfolio of integrated IT solutions for common business needs, including for e-commerce, Web content management, Website hosting, data services, office mail and collaboration, and private clouds. It also offers advisory services for technology strategy, security and compliance, application assessment and migration, and DevOps automation. The Company also offers its solutions across a variety of IT form factors, including multi-tenant public cloud, dedicated single-tenant servers, private cloud, and hybrid cloud. It also delivers managed services, and Fanatical Support across its entire product portfolio. The Company sells its services to business customers in more than 120 countries. The Company has operations located across the United States, as well as in London, Amsterdam, Zurich, Hong Kong, Sydney and Mexico City.

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Source: Taylor Rhodes Sells 14,325 Shares of Rackspace Hosting, Inc. (RAX) Stock

WWE Royal Rumble

WWE will be hosting Royal Rumble viewing parties with "Hooked On Wrestling" in several locations in England next weekend. 

WWE announced Brighton, Leeds, London and Manchester as locations for the events, which will include a costume contest with prizes, quizzes and games, as well as a themed drink menu. More ticket details can be found on the We Got Tickets website.

WWE India

WWE has appointed Joji George as Vice-President and General Manager of WWE India.

The news was announced shortly before this week's WWE live event tour of India kicks off, which will see WWE visit New Delhi on January 15th and 16th. George will report to Ed Wells, WWE Senior Vice-President and Managing Director, International.

Read More: NXT Rookies Debuting on WWE India Tour

Bella Twins

The Bella Twins are in attendance at the Television Critics Association's Winter Press tour in Pasadena, California today on behalf on NBC.

The Bellas, who also appeared on Hollywood Today Live this morning, posted some photos of themselves at the TCA event: 

Source: Bella Twins At TCA's, WWE India Hires, WWE Hosting Royal Rumble Viewing Parties In The UK