Equinix, Inc., provider of global data center services, reported yesterday that it has reached a definitive agreement to acquire Switch & Data Facilities Company, Inc. (NASDAQ: SDXC), a leading provider of data center and Internet exchange services, for approximately $689 million in cash and stock. The acquisition represents a significant market expansion for Equinix and will expand the company’s market presence by adding 16 new markets across North America, including additional 34 data centers in 22 markets in the U.S. and Canada.

The combination of the two companies will further strengthen Equinix’s position in the global data center services market by extending the company’s presence to 16 new markets across North America. Equinix will integrate Switch and Data’s data center business and operations in the U.S. and Canada. It will also increase the Global presence of Equinix leaving the new combined entity with 79 data centers in 34 markets and more

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Through a recent press release, Equinix Inc. (EQIX) announced that the company, in collaboration with Alcatel-Lucent (ALU), is developing an enhanced solution for the exchange of data traffic between carriers providing Ethernet services.  Equinix will use Alcatel-Lucent’s service router to equip the Equinix Carrier Ethernet Exchange platform in order to deliver high performance global Ethernet services. Equinix is looking to apply its expertise in interconnection for resolving the challenges faced by different carriers planning to enhance their Ethernet services.  Ethernet connection generally provides quality, cost advantage and speed, but is generally provided within a geographical region. The Equinix Carrier Ethernet Exchange platform is different in the sense that it will focus on developing a multi-provider carrier Ethernet interconnection that meets Metro Ethernet Forum standards.  This solution will be delivered through Equinix International Business Exchange (IBX) data centers located across the globe. Additionally, the company ...

Through a recent press release, Equinix Inc. (EQIX) announced that the company, in collaboration with Alcatel-Lucent (ALU), is developing an enhanced solution for the exchange of data traffic between carriers providing Ethernet services. Equinix will use Alcatel-Lucent’s service router to equip the Equinix Carrier Ethernet Exchange platform in order to deliver high performance global Ethernet services.  Equinix is looking to apply its expertise in interconnection for resolving the challenges faced by different carriers with a plan to enhance their Ethernet services. Ethernet connection generally provides quality, cost advantage and speed, but is generally provided within a geographical region. The Equinix Carrier Ethernet Exchange platform is different in the sense that it will focus on developing a multi-provider carrier Ethernet interconnection that meets Metro Ethernet Forum standards. This solution will be delivered through Equinix International Business Exchange (IBX) data centers located across the globe.   Additionally, the company is ...

At a recent press release, Equinix Inc. (EQIX) unveiled its plan to set up a 4,500 square meter or 48,400 square foot data center in Geneva , Switzerland . The company is in the process of expanding its global data center network to meet the global demand for data center services. This second data center in Geneva falls within the company’s $1.4 billion expansion plan to be executed within 2007 – 2010 in which the company expects to expand its operation in 15 out of 18 markets.  This new GV2 data center will be completed in phases. The first phase is scheduled to open in December 2009, increasing the company’s cabinet capacity by 380. The data center will have a total capacity of 780 cabinets after completion. This GV2 data center will run on the services of the company’s existing data center (GV1) which supports functions of ...

PennyOmega.com Short Highlights Before the Bell!

PennyOmega.com Short Highlights Before The Bell!

PennyOmega.com Stocks Upgraded, Downgraded and Short Highlights Before the Bell Thursday August 27, 2009

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Vector Group Ltd. (NYSE: VGR) announced today that it is offering $60 million aggregate principal amount of 11% Senior Secured Notes due 2015 (the “Notes”) to qualified institutional buyers in accordance with Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), to persons outside of the United States in compliance with Regulation S under the Securities Act and to a limited number of other institutional accredited investors within the meaning of Rule 501(a)(1), (2), (3) or (7) of the Securities Act. The Notes

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Equinix Inc. (EQIX) reported second quarter results that exceeded our estimate on both the top and bottom lines. Revenue of $213.2 million exceeded our estimate by 1.9% as well as company guidance of $206.0 to $210.0 million. This was a 7.0% increase from the previous quarter and 24.0% increase from the same quarter last year.   This reflected the continued benefit of strong demand across all three geographic regions, and weak US dollar against operating currencies. The company experienced, better than forecasted bookings for the quarter, across the regions. U.S. booking strength was partially offset by the extension of lead time at key customer. Recurring revenues, consisting primarily of collocation, interconnection and managed services, were $205.3 million, a sequential increase of 7.0% and a 26.0% increase over the year-ago quarter. Non-recurring revenues were $7.9 million in the quarter, a sequential decrease of 1.1% and a year-over-year decrease of ...

Chicago, IL - June 3, 2009- Kevin Matras goes over the importance of moving averages and how to use them in your own trading. Stocks in this week's article include Equinix, Inc. (EQIX), ev3, Inc. (EVVV), Marten Transport, Inc. (MRTN), priceline.com, Inc. (PCLN) and URS Corp. (URS).

Screen of the Week written by Kevin Matras of Zacks Investment Research:

Today I want to talk about moving averages.

I wrote about this earlier in the year, but thought a quick review would be in order since so many people are talking about the 200-day moving average on TV and in the newspapers, and whether the stock market can get thru it or not.

First off, moving averages would fall under the heading of 'technical analysis'. But you don't have to be a technician to use them. They're pretty plain and simple and

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For Immediate Release

Chicago, IL - June 3, 2009 - Kevin Matras screens for companies with Sales Growth that is greater than their Earnings Growth. Stocks in this week's article include Equinix, Inc. (EQIX), ev3, Inc. (EVVV), Marten Transport, Inc. (MRTN), priceline.com, Inc. (PCLN) and URS Corp. (URS). Click here for the full story exclusively on Zacks.com: http://at.zacks.com/?id=109.

Screen of the Week written by Kevin Matras of Zacks Investment Research:

Today I want to talk about moving averages. I wrote about this earlier in the year, but thought a quick review would be in order since so many people are talking about the 200-day moving average on TV and in the newspapers.

First off, moving averages would fall under the heading of 'technical analysis'. But you don't have to be a technician to use them.

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Highlights include American Tower Corp. (AMT), Crown Castle International Corp. (CCI), SBA Communications Corp. (SBAC) and Equinix Inc. (EQIX).Expansion initiatives and associated business prospects at American Tower Corp. (AMT), a leading operator of wireless communications towers in the US and emerging markets, have led management to maintain growth projections for 2009.Overall performance has been driven by substantial demand for tower space to facilitate high-speed wireless data services and mobile video, along with emerging 3G technologies. Rental & management revenue, adjusted EBITDA, and free cash flow financial metrics remain favorable. The company's new venture in the India is considered a significant catalyst moving forward.Our long-term view regarding the wireless tower industry remains positive. Deployment of high-speed 3G network demands improved network coverage, which in turn generates the need for tower infrastructure companies to expand and more effectively service their clients....

For Immediate Release

Chicago, IL - April 30, 2009 - Zacks.com releases the latest Zacks Industry Rank. Stocks featured in this week's analysis include Amazon.com (AMZN), CyberSource Corporation (CYBS), Equinix Inc. (EQIX), Google, Inc. (GOOG), Netflix, Inc. (NFLX), eBay Inc. (EBAY), Yahoo! Inc. (YHOO) and First Trust Dow Jones Internet Index Fund (FDN).

Zacks Industry Rank Analysis is written by Charles Rotblut, CFA, Senior Market Analyst for Zacks.com.

Not All Internet Stocks Are Attractive

The most important thing I look for when analyzing an industry is a discernable business trend. I want to find the factors that are driving earnings estimates higher or lower.

Unfortunately, such trends don't always exist. This is the case with Internet stocks.

On the surface, Electronic Commerce and Internet Services look good with Zacks Industry Ranks

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