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Stock Market & Financial Investment News

News Breaks
April 11, 2014
08:49 EDTCRM, BXPBoston Properties signs 714,000 square foot lease with Salesforce.com
Boston Properties (BXP) has signed a lease with salesforce.com (CRM) for 714,000 square feet on floors 1, 3-30 & 61 at the new Salesforce Tower, the 1,400,000 square foot 61-story, LEED Platinum pre-certified office building currently under construction in San Francisco, CA. With the execution of the lease, Boston Properties and salesforce.com have agreed to rename the building Salesforce Tower. In conjunction with signing what is the largest office lease in San Francisco’s history, Boston Properties has committed to construct the building and expects to complete the building in early 2017 for a projected total cost of approximately $1.1B, which includes capitalized interest in accordance with GAAP.
News For BXP;CRM From The Last 14 Days
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January 29, 2015
17:28 EDTBXPBoston Properties raises 2015 FFO view to $5.28-$5.43 from $5.22-$5.42
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17:26 EDTBXPBoston Properties reports Q4 FFO $1.26, consensus $1.25
Reports Q4 revenue $613.71M, consensus $587.10M.
07:42 EDTCRMServiceNow price target raised to $85 from $72 at Canaccord
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January 26, 2015
12:52 EDTBXPBoston Properties reschedules release of Q4 results to January 29
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January 23, 2015
10:02 EDTCRMOn the Fly: Analyst Initiation Summary
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10:02 EDTBXPOn the Fly: Analyst Downgrade Summary
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07:16 EDTBXPBoston Properties downgraded to Neutral from Buy at SunTrust
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January 22, 2015
16:27 EDTCRMSalesforce.com initiated with an Outperform at Cowen
Target $73.
January 20, 2015
07:15 EDTCRMSAP not interested in buying competitors Workday, Salesforce, Bloomberg reports
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