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The Reveal Of Salesforce's Big Bid For LinkedIn Makes This Analyst Nervous
Tuesday, August 16, 2016 - 1:47pm | 260Read More...Patrick Walravens of JMP maintained a Market Perform rating on salesforce.com, inc. (NYSE: CRM) with an unchanged $92 price target ahead of the company's Q2 earnings print on August 31. Walravens is expecting Salesforce's year-over-year billings estimate to now be $1.903 billion, an...
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Marc Benioff Explains Salesforce's $2.8 Billion Acquisition Of Demandware
Wednesday, June 1, 2016 - 1:07pm | 267Read More...salesforce.com, inc. (NYSE: CRM) announced on Wednesday it has agreed to acquire Demandware Inc (NYSE: DWRE) (NYSE: DWRE) for $75 per share, or $2.8 billion. Salesforce's CEO Marc Benioff was a guest on CNBC to discuss the acquisition. Related Link: Demandware Soars 55% After Company...
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What Is MetaMind? Salesforce's Latest Acquisition
Tuesday, April 5, 2016 - 12:58pm | 276Read More...salesforce.com, inc. (NYSE: CRM) acquired on Monday MetaMind, an artificial intelligence startup. MetaMind describes itself a "growing startup working with state-of-the-art AI techniques." The company is based in Palo Alto and lists Salesforce's CEO Marc Benioff as both an advisor...
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Salesforce Touts Benefits Of New $100 Million Contract From US Government Agency
Wednesday, March 30, 2016 - 1:39pm | 244Read More...Salesforce.com, inc. (NYSE: CRM) announced Wednesday it has won a $100 million contract with a U.S. governmental agency, which has subsequently helped boost shares higher. Salesforce said that the U.S. Department of Health & Human Services (HHS) launched an agency-wide $100 million Blanket...
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Buy The Dip In j2 Global, Susquehanna Says
Friday, March 11, 2016 - 3:15pm | 672Read More...Shares of Internet services firm J2 Global Inc (NASDAQ: JCOM) recovered after a heavy selloff on Thursday, which saw its stock price plunge as much as 20 percent following a Citron sell report. J2 Global responded to the report saying, "We believe it is both factually incorrect and wrongly...
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Top Analyst Bullish On Salesforce.com Following Record Quarter
Thursday, February 25, 2016 - 4:22pm | 434Read More...salesforce.com, inc. (NYSE: CRM) reported record earnings this morning, marked by unprecedented growth and favorable operating margin. As a result of promising trends, top analyst Brian Schwartz of Oppenheimer believes the stock is destined for growth. This morning, Schwartz reiterated an...
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Chowdhry: Salesforce Revenue Acceleration 'Challenging,' But Positives Balance With Negatives
Tuesday, February 16, 2016 - 2:34pm | 295Read More...salesforce.com, inc. (NYSE: CRM) shares are nearly flat on Tuesday following a one-month stretch that saw its stock fall from the $70s to below $60. Is there more pain in store? Global Equities Research analyst Trip Chowdhry delved into the issue in a new note to subscribers. "Revenue...
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At A New All-Time High, Salesforce's Outlook Is Exciting Wall Street Analysts
Thursday, November 19, 2015 - 11:59am | 1075Read More...Shares of salesforce.com, inc. (NYSE: CRM) spiked higher by more than 6 percent on Thursday. Salesforce's stock hit a new all-time high of $82.90 on Thursday. Investors and traders bought the stock following a better-than-expected Q3 and encouraging outlook, but are Wall Street...
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What's Coming At Dreamforce 2015?
Monday, September 14, 2015 - 11:13am | 441Read More...Salesforce.com, inc. (NYSE: CRM)'s annual tech event called ‘Dreamforce' will take place September 15-18. Speakers include CEOs from Salesforce, Microsoft, YouTube, Western Union, Cisco, Uber and more. Analysts are mostly bullish heading into this year's event which may...
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Salesforce.com's Quarter Was 'As Good As The Company Can Report'
Friday, August 21, 2015 - 6:58am | 570Read More...salesforce.com, inc. (NYSE: CRM) served up better-than-expected results in the second quarter, reporting a Q2 EPS $0.19 versus the Street estimate of $0.18 and revenue of $1.63 billion versus $1.6 billion. "This is about as good as the company can report," Sean Udall, CIO of Quantum...
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Staggering Stats: The Sky's The Limit For The Cloud
Wednesday, May 20, 2015 - 2:18pm | 633Read More...There is no doubt cloud computing is the future of data storage. Big name tech companies like Amazon.com, Inc. (NASDAQ: AMZN), Salesforce.com, Inc. (NYSE: CRM), International Business Machines Corp. (NYSE: IBM), Microsoft Corporation (NASDAQ: MSFT) and Oracle Corp (NYSE: ORCL)...
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Bank Of America: Tableau Software Will Reach $6 Billion Revenue Base In 10 Years
Monday, May 18, 2015 - 3:09pm | 241Read More...In a report published Monday, Bank of America analyst Brad Sills argued that Tableau Software Inc (NYSE: DATA) will reach a $6 billion revenue base in 10 years from an estimated $614 million in fiscal 2015. Sills noted that his assumptions in constructing Tableau's long-term revenue models are...
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Piper Jaffray: Microsoft, Salesforce Combo Could 'Reshape' Cloud, Enterprise Landscape
Wednesday, May 6, 2015 - 10:53am | 335Read More...Bloomberg reported Tuesday that Microsoft Corporation (NASDAQ: MSFT) might be interested in making a bid for salesforce.com, inc. (NYSE: CRM). Analysts at Piper Jaffray said that this combination "would make a lot of sense, in our opinion," noting that it "could also...
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Why Microsoft Could Be A Best-Fit Suitor For Salesforce, If One Exists
Thursday, April 30, 2015 - 3:52pm | 614Read More...The move to enterprise business is nothing new. Naturally there would come a rumor involving the big boys, the old timers, the originals of Silicon Valley. The rumor of the week is that someone is bidding for salesforce.com, inc. (NYSE: CRM). The speculation of the bidder is focused on...
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FBR Capital: Oracle 'Most Realistic Buyer' Of Salesforce
Thursday, April 30, 2015 - 12:22pm | 524Read More...Rumors are flying about a potential salesforce.com, inc. (NYSE: CRM) takeover, but who is the most viable suitor? Oracle Corporation (NYSE: ORCL), Hewlett-Packard Company (NYSE: HPQ), International Business Machines Corp. (NYSE: IBM), and Microsoft Corporation (NASDAQ: MSFT) are all in the rumor...
