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Stock Market & Financial Investment News

News For AMZN;AAMRQ;SAP;LYV;JNPR;CRM;CS;HON;GOOG;NFLX;CTXS;QCOM From The Last 14 Days
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August 21, 2015
08:11 EDTGOOGDaimler AG could collaborate with Google, Apple, Reuters says
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07:31 EDTCRMSalesforce remains favorite large-cap growth stock, says Canaccord
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07:16 EDTCRMSalesforce selloff a rare buying opportunity, says Brean Capital
Brean Capital said Salesforce reported strong Q2 results with good guidance and views yesterday's market selloff as a rare opportunity to buy the shares ahead of the release of Dreamforce. The firm sees other catalysts including Marketing Cloud product launches, ongoing adoption of Wave Analytics, improving profitability, and compressed valuation. Brean Capital reiterated its Buy rating and raised its price target to $86 from $85 on Salesforce shares.
06:59 EDTCRMSalesforce reported another beat and raise, says Piper Jaffray
Piper Jaffray analyst Katherine Egbert says Salesforce "beat and raised, again." She views the company's Q2 results as "strong" and says the stock's valuation is "more reasonable" than other cloud names. The next potential catalyst for shares is DreamForce and the September 15 analyst day, Egbert tells investors in a post-earnings research note. She reiterates an Overweight rating on Salesforce with an $80 price target.
06:20 EDTCRMSalesforce upgraded to Buy from Hold at Pivotal Research
Pivotal Research upgraded Salesforce to Buy and increased its price target to $82 from $79 following the Q2 report. The firm remains positive on Salesforce's long-term opportunities and in its ability to execute, and upgraded shares given the sell-off in shares.
06:18 EDTGOOGGoogle's Brin says life sciences group to become standalone company
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06:04 EDTCRMJefferies keeps sell on Salesforce despite 'respectable' quarter
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06:01 EDTGOOGABI Research: Portable PC sales to remain flat in 2015, DigiTimes says
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05:55 EDTGOOGGoogle building EUR150M data center in West Dublin, Independent.ie reports
Google is investing EUR150M to build a new data center in West Dublin, Ireland, Independent.ie reports. The first construction phase, which will create 400 jobs, is expected to be completed later this year. Reference Link
05:47 EDTNFLXStocks with implied volatility movement; NFLX FB
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August 20, 2015
19:35 EDTGOOGGoogle tests video ads in search results, Digiday says
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19:02 EDTCRMOn The Fly: After Hours Movers
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18:59 EDTAMZN, GOOGGoogle, Amazon, private equity compete for Indian data center unit, ET says
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18:44 EDTCRMSalesforce CEO says will be fourth largest software company by next year
Says continues to sign record number of large deals with key customers. Says has clear trajectory to $10B in revenue and expects to go through that as well. Marc Benioff is speaking on CNBC.
18:20 EDTAMZNAuthors Group urges DOJ probe of Amazon.com, WSJ reports
Authors United group is urging the DOJ to launch an investigation into Amazon.com, claiming the company has "unprecedented power" over the book publishing market, the Wall Street Journal reports. Reference Link
18:00 EDTCRMSalesforce says Q2 'best quarter ever' for company
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16:48 EDTNFLXOn The Fly: Top stock stories for Thursday
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16:43 EDTCRMSalesforce reports Q2 subscription and support revenues $1.52B
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16:42 EDTCRMSalesforce reports deferred revenue on balance sheet of $3.03B as of July 31
Deferred revenue on the balance sheet as of July 31 was $3.03B, an increase of 29% year-over-year, and 33% in constant currency. Unbilled deferred revenue, representing business that is contracted but unbilled and off balance sheet, ended the quarter at approximately $6.2B, up 24% year-over-year.
16:33 EDTAMZNAmazon.com to open fifth Texas fulfillment center in San Marcos
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