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J.P. Morgan: Salesforce Could Fetch $100/Share In Bidding War
Wednesday, April 29, 2015 - 6:43pm | 263Read More...salesforce.com, inc. (NYSE: CRM) could fetch $100 a share if a bidding war broke out, an analyst said Wednesday. J.P. Morgan's Mark R. Murphy said he had "no conclusive evidence" regarding speculation about an offer for the customer service technology company. But Murphy said $100...
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Salesforce Approached By Potential Acquirer? Here Are What Analysts Previously Said
Wednesday, April 29, 2015 - 3:47pm | 470Read More...Shares of salesforce.com, inc. (NYSE: CRM) spiked to new 52-week highs of $78.46 on Wednesday after reports surfaced the company was approached by a potential buyer. Chatter of a Salesforce acquisition has surfaced in the past with names such as Oracle Corporation (NYSE: ORCL) or International...
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Make Money On Your Apple Watch
Friday, April 17, 2015 - 9:03am | 331Read More...Financial-savvy and technology enthusiasts should get excited over the arrival of the Apple Inc. (NASDAQ: AAPL) Watch product as it could make their financial management life a bit easier. Companies such as Citigroup, E-Trade and Fidelity Investments are in the process of developing (or have...
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'Everything Is Awesome' At Salesforce, Credit Suisse Says
Thursday, February 26, 2015 - 10:34am | 232Read More...In a report published Wednesday evening, Credit Suisse analyst Philip Winslow commented on salesforce.com, inc.'s (NYSE: CRM) fourth-quarter print. "Despite significant foreign exchange headwinds, Salesforce.com's FQ4 revenue and billings were better than expected," Winslow...
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Deutsche Bank Previews Salesforce.com's Q4 Print, Sees No Slowdown In Momentum
Tuesday, February 17, 2015 - 11:38am | 253Read More...In a report published Monday, Deutsche Bank analyst Karl Keirstead previewed salesforce.com, inc.'s (NYSE: CRM) first quarter report which is scheduled to be released on February 25. The analyst reached out to several checks in the SFDC ("Sales Force.Com") eco-system which suggested there is no...
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Deutsche Bank Unconvinced Following BlackBerry Analyst Day
Friday, November 14, 2014 - 1:21pm | 195Read More...Brian Modoff of Deutsche Bank is skeptical of BlackBerry Ltd's (NASDAQ: BBRY) prospects of a full turn-around following the company's analyst day in San Francisco on Wednesday. "We came away slightly more encouraged on the overall plan for the company," Modoff wrote in a note to clients on...
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Markets Virtually Flat, Oil Continues To Decline Following Bearish Outlook
Monday, October 27, 2014 - 4:58pm | 1622Read More...U.S. markets were little changed to start the week as equities took a back seat following a bearish oil call at Goldman Sachs. Analysts at Goldman Sachs placed a $75-per-barrel target on crude oil, noting that supply will outpace demand in the coming year. The National Association of Realtors...
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Dow's Losing Streak Now Stands At 6 Days, S&P 500 And Nasdaq Slightly Positive
Thursday, October 16, 2014 - 5:07pm | 2915Read More...U.S. stocks were mixed on Thursday as the Dow Jones index traded lower by 206 points before recouping most of these losses. However, the index closed the day in negative territory for the sixth straight day, despite encouraging U.S. labor data being reported. Speaking to Bloomberg, St. Louis...
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Markets Debut Week On Negative Note; S&P 500 Falls Through Key Level
Monday, October 13, 2014 - 4:57pm | 1971Read More...U.S. markets began the week on a negative note after markets sold off in the final two hours of trading on no major news catalyst. The S&P 500 fell through its 200-day moving average of 1,905, a key technical level for fundamental investors and traders. The last time the index broke its 200...
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Tech, Semiconductors Among Worst Performers As Sell-Off Continues
Friday, October 10, 2014 - 5:06pm | 2294Read More...U.S. stocks continued to sell off on Friday on higher than usual volume. Semiconductor stocks were hit hard following Microchip's profit warning and cautious sector-wide comments. The rest of the tech sector was weak, especially "momentum" and high-beta stocks as the Nasdaq index...
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Unleash The Bulls: Surge In September Hiring Data Jolts Markets Higher
Friday, October 3, 2014 - 4:42pm | 1615Read More...U.S. markets rose sharply after the U.S. government reported that 248,000 jobs were created in September, bringing the unemployment rate to 5.9 percent, the lowest it has been since July 2008. In addition to the jobs report, data from the U.S. government showed the trade deficit narrowing in...
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Is Salesforce's Analytics Cloud Already Factored Into The Stock?
Wednesday, September 17, 2014 - 3:29pm | 588Read More...Salesforce.com, inc.'s (NYSE: CRM) chief executive recently teased that a big announcement is coming, but analysts warn the resulting service may already be factored into the stock. On September 12, Salesforce CEO Marc Benioff jokingly tweeted a "top secret" agenda for the...
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Yellen's Speech Not Enough To Keep Dow, S&P 500 In Positive Territory
Friday, August 22, 2014 - 4:36pm | 2164Read More...U.S. stocks were mostly lower as the tense situation in Ukraine was brought back in the spotlight following a report from NATO who observed an alarming rise in Russian forces near the Ukraine border. Speaking at Jackson Hole, Fed Chair Janet Yellen stated that 19 labor market indicators the Fed...
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Salesforce.com's Q2 Conference Call Highlights
Friday, August 22, 2014 - 4:08pm | 908Read More...Following Salesforce.com's (NYSE: CRM) second quarter results on Thursday, the company's CEO Marc Benioff hosted a conference call. Second quarter highlights Benioff began the conference call by highlighting the company's accomplishments in Europe which included the opening of...
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Salesforce Q2 Earnings - What To Expect
Thursday, August 21, 2014 - 1:10pm | 856Read More...Salesforce.com (NYSE: CRM) will report its second quarter results after Thursday's market close. Salesforce reported its first quarter results on May 20. The company earned $0.11 per share, beating analyst expectations by a penny. Revenue of $1.23 billion came in $20 million more than...
