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RAX, CTV, TEL – Stock News at NASDAQ Technology Sector by CRWEFinance.com


Rackspace Hosting, Inc. (NYSE:RAX) increased 1.41% to close at $27.38. RAX traded 1.77 million shares for the day and its earning per share remained $0.32. Rackspace Hosting, Inc. (Rackspace Hosting) operates in the hosting and cloud computing industry. The Company offers its products under the Fanatical Support brand. The Company's services are sold to businesses in more than 120 countries. During the year ended December 31, 2009, the Company served more than 90,000 business customers and managed more than 56,000 servers, 1,600,000 e-mail accounts, and 259,000 cloud hosting domains.

CommScope, Inc. (NYSE:CTV) increased 0.03% to close at $32.00. CTV traded 1.67 million shares for the day and its earning per share remained $1.10. CommScope, Inc. (CommScope), along with its subsidiaries, is a provider of infrastructure solutions for communication networks. The Company, through its Andrew Solutions brand, offers radio frequency subsystem solutions for wireless networks. Through its SYSTIMAX and Uniprise brands, it provides network infrastructure solutions, delivering a physical layer solution, including cables and connectivity, enclosures, software, in-building wireless and network design services, for business enterprise applications and data centers. The Company is also the manufacturer of coaxial cable for broadband cable television networks and a provider of cabinets for digital subscriber line (NYSE:DSL), fiber-to-the-node (OTCQB:FTTN) and wireless applications.

Tyco Electronics Ltd. (NYSE:TEL) increased 0.92% to close at $31.97. TEL traded 1.62 million shares for the day and its earning per share remained $2.41. Tyco Electronics Ltd. (Tyco Electronics) is a provider of engineered electronic components, network solutions, specialty products, and subsea communication systems. The Company designs, manufactures, and markets products for customers in a range of industries including automotive; data communications equipment and consumer electronics; telecommunications; aerospace, defense, and marine; medical; energy, and lighting. Its products are produced in approximately 90 manufacturing sites in over 20 countries. Tyco Electronics operates through four reporting segments: Electronic Components, Network Solutions, Specialty Products, and Subsea Communications.

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