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Sunday 19 July 2015
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Pre-Market Stocks Roundup: Rackspace Hosting, (NYSE:RAX), Citizens Financial Group (NYSE:CFG), Archer Daniels Midland Company (NYSE:ADM), Google (NASDAQ:GOOG)

On Monday, Rackspace Hosting, Inc. (NYSE:RAX)’s shares inclined 3.30% to $36.95.

Rackspace Hosting, Inc. (RAX) declared it has won the 2015 Microsoft Hosting Partner of the Year Award. The company was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology.

Awards were presented in several categories, with winners chosen from a set of more than 2,300 entrants from 108 different countries worldwide. Rackspace was recognized for providing outstanding solutions and services in Hosting Partner of the Year category. The Hosting Partner of the Year Award recognizes a partner that demonstrates solution innovation and exemplary commitment to engaging with Microsoft.

Rackspace Hosting, Inc., through its auxiliaries, provides cloud computing services and managing Web-based IT systems for small and medium-sized businesses and large enterprises worldwide. The company’s service offering combines hosting on dedicated hardware and on multi-tenant pools of virtualized hardware in a way that suits each customer’s requirements. Its public cloud services refer to pooled computing resources delivered on-demand over the Internet.

Citizens Financial Group Inc (NYSE:CFG)’s shares dropped -0.18% to $27.25.

Citizens Financial Group, Inc. (CFG) published the results of its company-run 2015 mid-cycle stress test conducted in accordance with the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

Citizens Financial Group, Inc. operates as the bank holding company for Citizens Bank, N.A. and Citizens Bank of Pennsylvania that provide retail and commercial banking products and services in the United States. It operates through two segments, Consumer Banking and Commercial Banking. The Consumer Banking segment focuses on retail customers and small businesses with traditional banking products and services, counting checking, savings, home loans, student loans, credit cards, business loans, and financial administration services.

At the end of Monday’s trade, Archer Daniels Midland Company (NYSE:ADM)‘s shares surged 0.61% to $47.50.

Archer Daniels Midland Company (ADM) and Quality Liquid Feeds, Inc. declared that the two companies have entered into a 50-50 joint venture for the production and sale of liquid feed supplements for livestock. The joint venture consists of four liquid feed production facilities formerly owned by ADM—in Twin Falls, Idaho; Billings, Montana; Fremont, Nebraska; and Johnstown, Colorado—as well as the Loomix® brand. The new venture, which will be called Alliance Liquid Feeds, will serve portions of the Western United States. Quality Liquid Feeds continues to be owned by the Berg family and will continue to market QLF-branded liquid feed supplements out of their 12 facilities in the Midwest, East and Southwest United States.

Archer-Daniels-Midland Company procures, transports, stores, processes, and merchandises agricultural commodities and products. The company’s Oilseeds Processing segment originates, merchandises, crushes, and processes soybeans and soft seeds into vegetable oils and protein meals. It offers ingredients for the food, feed, energy, and industrial products industries; crude vegetable and salad oils; refined oils; oilseed protein meals; natural health and nutrition products, and other specialty food and feed ingredients; and cottonseed flour and cotton cellulose pulp. This segment is also involved in edible oils refining, sugar milling and refining, and grains processing activities; and the provision of biodiesel and fertilizers, specialty fats, and oleo chemicals, in addition to supplies peanuts and tree nuts, and agricultural commodity raw materials.

Google Inc (NASDAQ:GOOG), ended its Monday’s trading session with 3.10% gain, and closed at $546.55.

Google Inc (GOOG) will hold its quarterly conference call to talk about second quarter 2015 financial results on Thursday, July 16th at 1:30 p.m. Pacific Time (4:30 p.m. Eastern Time).

Google Inc., a technology company, builds products and provides services to organize the information. The company offers Google Search, which provides information online; Google Now that offers information to users when they need it; AdWords, an auction-based advertising program; AdSense, which enables Websites that are part of the Google network to deliver ads; DoubleClick Ad Exchange, a marketplace for the trading display ad space; and other advertising platforms, such as AdExchange and AdMob.

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