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Analysis: Amazon gets help to lure big business to the cloud

As Amazon.com Inc seeks to transform itself into a leading provider of technology to the world's largest corporations, it's discovering that it needs help.The online retailer, which since 2006 has moved aggressively into the business of renting remote computing, storage and other IT services, is roping in thousands of consulting and technology partners, from Cap Gemini SA to BMC Software Inc, in a major push to woo big-spending corporate customers to its cloud computing division.Amazon Web Services (AWS), as the business is known, has been a hit with startups which need robust and inexpensive Web services that they can purchase as the need arises.But big corporations and government agencies, often referred to as enterprise customers, represent a far larger opportunity: they spend more than $300 billion a year on data centers, Bernstein Research estimates.That market opportunity has helped Amazon's stock price more than triple in the past five years as investors bet that the retailer's ...

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  6. Eli Lilly &, Valero Energy Among Stocks Up on High Volume Monday

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  7. Express Scripts, Hewlett-Packard Included in Stocks Up on High Volume Wednesday

    A few stocks are up on high volume today:Express Scripts (NASDAQ:ESRX) is experiencing a price increase on above-average volume today. 10.1 million shares have moved...

  8. Rackspace Hosting , Lamar Advertising Among Stocks Gapping Up Wednesday

    Here are stocks that gapped up today with opening prices significantly higher than the close on the previous trading day:Rackspace Hosting (NYSE:RAX) opened at $56.2...

  9. Rackspace Share Jump On Results, Upgrades

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  10. Rackspace 2nd-Quarter Profit Rose 43% As Revenue Climbs

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  11. Viacom, SINA Corporation Included in Stocks Up on High Volume Monday

    These stocks are up on high volume today:Viacom (NASDAQ:VIAB) saw its price spike on above-average volume today, as 7.1 million shares, which is 1.5 times the stock'...

  12. Scoble: Zuckerberg Gets a C+

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  1. TECH STOCKS: Microsoft, Rackspace Fall; Groupon Rises

    Technology stocks were mostly lower Thursday, weighed down by declining shares of Rackspace Hosting Inc. and Microsoft Corp. even as the group got a lift from rising...

  2. Market Wrap for Thursday, May 9: Stocks Record Small Losses as Dollar Jumps

    The U.S. stock market recorded small losses on Thursday despite a report which showed a drop in both initial jobless claims and continuing claims.Volatility levels r...

  3. Groupon Rises, Rackspace Retreats On Results

    Shares of Groupon Inc. rose sharply Thursday after reporting better-than-expected results, but the tech sector was weighed down by plunging shares of Rackspace Hosti...

  4. Dell Acquires Cloud-Management Software Firm Enstratius

    Dell Inc. (DELL) has acquired enterprise cloud-management software and services provider Enstratius for an undisclosed amount in what it describes as a bid to enhanc...

  5. Rackspace Enlisting Telecom Partners in Global Cloud Strategy

    Rackspace Hosting Inc. (RAX) wants to expand its Web-hosting business by partnering with telecom companies to build and operate cloud data centers for enterprise cus...

  6. Rackspace Follows Rivals with Cloud Price Cuts

    Rackspace Hosting Inc. (RAX) Friday bowed to pressure from price-cutting rivals by slashing rates for cloud-computing services by as much as a third, tweaking its st...

  7. Market Wrap for Wednesday, February 13: Dow Falls; S&P and Nasdaq Record Small Gains

    Retail Sales in the U.S. rose for the third straight month, showing that the economy remains on solid, if not spectacular, footing. Wall Street traders yawned at the...

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