Managed hosting specialist Savvis Inc. (SVVS) today said it would organize the company under three business units: Hosting, Network and Financial Services.

Shares of Savvis Inc. (SVVS) soared 20 percent Wednesday after its strong second quarter earnings prompted an upgrade from an analyst.

Managed hosting specialist Savvis Inc. (SVVS) today announced the opening of its expanded Singapore data center.

Magazine publisher CMP Information has signed a five-year deal with Savvis Inc. (SVVS), which will host CMPi's entire critical IT infrastructure.

Savvis Inc. (SVVS) has obtained a five-year, $69 million credit facility to fund construction of its Slough, U.K. data center.

Savvis, Inc. (SVVS) has announced a one-year extension of its master services agreement with Thomson Reuters (RTRSY), and has opened its Chicago data center.

Savvis Inc. (SVVS), will open a new data center in London in response to strong business demand in the UK.

Shares of Savvis (SVVS) have slid 24 percent in trading today, as ahigh-profile customer experiences an outage.

Savvis (SVVS) is seeking to renew a key contract with Reuters, which was recently acquired by Thomson.

Savvis Inc. (SVVS) lowered its revenue guidance for the year, saying it was taking longer to close sales of managed hosting services.