Thursday, October 21, 2010

Benchmark Capital Has Outlook On Equinix


>>Benchmark Capital has some thoughts on Equinix, Inc., which is set to report earnings next week. It has a Buy rating on shares and a $83 price target.

In a note to clients, Benchmark writes, "We expect Equinix will provide more detail regarding the recently announced Switch & Data miss and US churn, both of which contributed to Equinix' reduced 2H10 guidance on October 5. We believe the macro drivers remain intact for the data center industry and that scale creates a competitive advantage. We maintain a Buy rating. We view the 3Q10 lowered guidance as largely Equinix-specific. Half the miss was attributed to Switch & Data, which seems an integration and forecasting miscue. Further description of the churn and pricing outlook is required if investors are to regain confidence in Equinix."

Leading Online Payment Service Provider GlobalCollect Selects Equinix to Support Continued Growth

Equinix to host GlobalCollect’s international online payment platform in Amsterdam International Business Exchange data center

AMSTERDAM — 21 October, 2010 — Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today announced that GlobalCollect, the world’s premier payment service provider of local e-payment solutions, will relocate its online payment platform to Equinix’s Amsterdam (AM1) International Business Exchange™ (IBX®) data center. Adding another data center is to ensure GlobalCollect’s future platform scalability and robust performance to facilitate the expected increase in transaction volumes due to a booming e-commerce sector.

GlobalCollect is a leading provider of payment solutions for international Customer Not Present (CNP) channels such as Internet, mail, and telephone orders. It operates a scalable platform with a vast portfolio of local, international, and alternative payment methods, including all major credit and debit cards, direct debits, bank transfers, real-time bank transfers, and prepaid methods in more than 200 countries and for 170 currencies. GlobalCollect has more than 15 years of industry experience across various verticals, including travel, telecommunications, retail, software, and online gaming.

As uptime and response time are fundamental to GlobalCollect’s clients, the company decided to move from a managed services approach to a co-location approach and sought an additional data center provider located in the Netherlands. Equinix was selected for its global reach and the high quality of its data centers, which will ensure that GlobalCollect’s merchants benefit from the most stringent levels of security and reliability.

“Online payment management is a rapidly growing and dynamically evolving industry,” says Jan Manten, CEO at GlobalCollect. “With that in mind, we needed to partner with a state-of-the-art infrastructure provider to enable us to upgrade our platform capabilities further while continuing to offer the level of service that our clients expect of a leading payment service provider. After an extensive search, we selected Equinix as the best-suited provider to meet our future scalability and security needs, as well as offering a robust fail-over solution.”

“We are very pleased to enter into this strategic relationship with GlobalCollect,” says Michiel Eielts, General Manager at Equinix Netherlands. “GlobalCollect is a leader in an exciting, growing market and has already established a unique global payments platform. We look forward to supporting the company’s continued growth by providing high-quality data center services from our IBX data center in Amsterdam.”

About GlobalCollect

GlobalCollect is the world's premier Payment Service Provider of local e-payment solutions for international Customer Not-Present (CNP) channels such as internet, mail and telephone orders, and specializes in a wide range of industries such as travel, ticketing, telecommunications, retail, publishing, portals, online gaming, and digital content. While most providers limit their services to a technical link with payment acquirers, GlobalCollect is a full service partner consulting clients on how to increase transaction volumes, expand distribution channels, and reduce costs by streamlining back office processes. Through a single-interface online payment platform, we offer access to an unrivalled portfolio of local and international payment methods in over 200 countries, including all major credit and debit cards, direct debits, bank transfers, real-time bank transfers, eWallets, cash at outlets, prepaid methods, checks, and invoices.

Wednesday, October 20, 2010

Fox Business News - Accuray

Fox Business News just completed their annual "3-Days in the
Valley" series where they interview CEO's from the "heavy hitters" of the
Silicon Valley, CA. Companies highlighted: eBay, Yahoo, Playstation, LinkedIn,
TiVo, Adobe, Pandora, Applied...and Accuray, the makers of the CyberKnife System! Here's a link to yesterday's interview with
... Accuray's CEO, Euan Thomson:

Accuray CEO Euan Thomson on making a robotic radio surgery system.

Setting the Stage for Equinix's Earnings Announcement


>>Equinix, Inc. is scheduled to announce earnings after the market closes on Tuesday, October 26th. Looking at the analyst consensus, it appears most traders believe EQIX is going to announce a profit of 26 cents per share.

Comparing the consensus estimate with EQIX's profit of 47 cents per share a year ago, you can see that most analysts believe the company performed worse this year than it did last year.


EQIX has gained $1.40 (1.89 percent) during the past week and is currently trading below its 20-day, 50-day and 200-day moving averages.

Central Baptist to break ground on major expansion

Central Baptist Hospital is scheduled to formally break ground Wednesday on a $200 million expansion of its Nicholasville Road complex.

But already, the new building has cost the hospital's employees their on-site parking spaces until a new garage can be constructed.

The project will include a new cancer center with facilities for radiation therapy, chemotherapy and a CyberKnife radiation surgery tool; and a women's center with labor and delivery, surgical and neonatal intensive care facilities.

Read more: