Inside the Epic Collapse That Crushed My Portfolio: Rackspace Hosting, Inc. (RAX)

2). Investors hoping Apple would issue a huge dividend payment or announce a massive stock buyback were disappointed when CEO Tim Cook waxed enthusiastic about retail at a Goldman Sachs Group, Inc. (NYSE:GS) conference. He says the Mac maker will spend to update 20 Apple Stores and open 30 more around the world this year.

3). Finally, Box Office Mojo revealed that Skyfall, the latest in the James Bond franchise, passed the $1.1 billion mark at the global box office. The film is the first 2-D picture to reach that level since the final installment in Peter Jackson’s Lord of the Rings cinematic trilogy, The Return of the King. IMAX Corporation (USA) (NYSE:IMAX) deserves some credit for the performance. Filmmakers used IMAX cameras to create wider-screen action shots available only in some premium showings.

The article Inside the Epic Collapse That Crushed My Portfolio originally appeared on Fool.com and is written by Tim Beyers.

Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. He owned shares of Apple, Google, Rackspace Hosting, Riverbed Technology, and Salesforce at the time of publication. Check out Tim’s web home and portfolio holdings or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.The Motley Fool recommends Amazon.com, Apple, Facebook, Goldman Sachs, Google, IMAX, Intel, Rackspace Hosting, Riverbed Technology, and Salesforce. The Motley Fool owns shares of Amazon.com, Apple, Facebook, Google, IMAX, Intel, and Riverbed Technology.

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