RXT News and Press, Rackspace Technology Inc. From 11/17/20

Though Rackspace Technology is regularly bagging contracts and successfully delivering cutting-edge solutions, its stock price just refuses to move up. The COVID-19 business environment is expected to help the company, but the marketplace is fiercely competitive. This multi-cloud ...

SAN ANTONIO, Nov. 17, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), a leading end-to-end multicloud technology solutions company, today announced that Kevin Jones, Chief Executive Officer, and Dustin Semach, Chief Financial Officer, will participate in the J.P. Morgan...

Rackspace Technology Global (RXT) has priced $550M of 5.375% senior notes due 2028 at an issue price of 100%.Closing date is December 1. Net proceeds together with cash on hand will be used to fund the refinancing of all of the company’s outstanding 8.625% senior notes due 2024 and to ...

SAN ANTONIO, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology Global, Inc. (the “Company”) today announced that it has priced its offering of $550.0 million aggregate principal amount of 5.375% Senior Notes due 2028 (the "Notes") at an issue price of 100.000%. The closin...

SAN ANTONIO, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology Global, Inc. (the “Company”) today announced that it is commencing a tender offer (the “Tender Offer”) to purchase for cash any and all of its outstanding 8.625% Senior Notes due 2024 (the ȁ...

SAN ANTONIO, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology Global, Inc. (the “Company”) today announced that is proposing to issue $550.00 million aggregate principal amount of senior notes due 2028 (the "Notes") in a private offering that is exempt from the registrat...

Looking for low-cost stocks in the technology sector? You might consider companies that got some initial hype then cooled down. There are plenty of examples out there of investors ignoring potentially lucrative stocks early on before discovering their value later and ramping up the price. F...

LONDON, Nov. 12, 2020 (GLOBE NEWSWIRE) -- Rackspace Technology™ (NASDAQ: RXT), the multicloud solutions provider, is supporting Plus500’s multicloud environment, having migrated services to Google Cloud whilst managing the existing VMware private cloud platform. Plus500’...

The following slide deck was published by Rackspace Technology, Inc. in conjunction with their 2020 Q3 earnings call. For further details see: Rackspace Technology, Inc. 2020 Q3 - Results - Earnings Call Presentation

Image source: The Motley Fool. Rackspace Technology, Inc. (NASDAQ: RXT) Q3 2020 Earnings Call Nov 10, 2020 , 5:00 p.m. ET Operator Continue reading For further details see: Rackspace Technology, Inc. (RXT) Q3 2020 Earnings Call Transcript...