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Stock Market & Financial Investment News

News Breaks
April 8, 2014
08:18 EDTCRM, CSOD, NOW, PANW, WDAYDeclines in high growth IT stocks create opportunities, says Pacific Crest
Pacific Crest's survey of resellers indicates that demand for IT among enterprises exceeded expectations in Q1, while resellers' feedback on the Q2 pipeline was "very positive," according to the firm. The strongest demand was in the applications, security, and storage markets, according to the firm. Pacific Crest recommends that investors buy its top picks: Salesforce.com, Cornerstone OnDemand (CSOD), ServiceNow (NOW), Palo Alto (PANW), and Workday (WDAY).
News For CRM;CSOD;NOW;PANW;WDAY From The Last 14 Days
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October 14, 2014
17:41 EDTPANWPalo Alto CEO sees reaching operating margins goal within next two years
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17:39 EDTPANWPalo Alto CEO not concerned about margins
17:37 EDTPANWPalo Alto CEO says customers more thoughtful about purchases
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09:16 EDTNOWServiceNow initiated with a Positive at OTR Global
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October 13, 2014
16:33 EDTCRMMicrosoft and Salesforce.com unveil new joint solutions
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14:35 EDTCRMSalesforce launches analytics cloud
Salesforce earlier today announced Wave, Salesforce Analytics Cloud. Wave is the first cloud analytics platform designed for every business user, making it easier than ever for anyone to explore data, uncover new insights and take action instantly from any device, the company stated. Companies can now quickly deploy sales, service and marketing analytics, or build custom mobile analytics apps, using any data source, Salesforce added.
10:43 EDTCRMSalesforce.com October volatility elevated into executive Q&A with Marc Benioff
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10:08 EDTWDAYOn The Fly: Analyst Upgrade Summary
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09:23 EDTWDAY, NOWHP could buy lower valuation company, says Bernstein
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09:03 EDTWDAYWorkday upgraded to Outperform from Market Perform at Northland
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08:27 EDTWDAYWorkday upgraded to Outperform from Market Perform at Northland
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07:38 EDTCRMSalesforce to hold a conference
Dreamforce 2014 is being held in San Francisco on October 13-16.
06:50 EDTWDAYWorkday upgraded to Outperform from Market Perform at Northland
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October 12, 2014
17:34 EDTPANWJPMorgan to double spending on cybersecurity over next five years, WSJ says
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17:20 EDTCRMGE, Splunk, Cisco, others could benefit from Internet of Things, Barron's says
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October 9, 2014
07:34 EDTCRMSalesforce.com coverage assumed with a Buy at MKM Partners
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06:40 EDTPANWSource of JPMorgan cyberattack still unclear, NY Times says
The source of the cyberattack on JPMorgan (JPM) and other U.S. financial institutions this summer is still unclear, according to The New York Times. The hackers may have tried to hit about a dozen financial institutions , and E-Trade(ETFC) and Fidelity Investments may have been victimized in some way, the newspaper stated, citing an unnamed source who was briefed on the matter. At least five other banks, including Citigroup (C), HSBC (HBC) and Regions Financial (RF), discovered that one of the web addresses used by those who hacked JPMorgan tried to penetrate their systems, The Times quoted unnamed sources briefed on the matter as saying. Publicly traded companies in the space include Barracuda Networks (CUDA), Check Point (CHKP), F5 Networks (FFIV), FireEye (FEYE), Fortinet (FTNT), Imperva (IMPV), Palo Alto (PANW), Proofpoint (PFPT), Qualys (QLYS) and Symantec (SYMC). Reference Link
October 8, 2014
12:12 EDTPANWPalo Alto management to meet with Oppenheimer
Meeting to be held in Canada on October 14 hosted by Oppenheimer.
07:58 EDTPANWPalo Alto price target raised to $120 from $105 at Pacific Crest
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07:52 EDTPANWPalo Alto has positive catalysts, says Wells Fargo
After meeting with Palo Alto's management, Wells Fargo thinks the company's new endpoint security product could increase its long-term revenue growth by five or six percentage points. The firm expects the company's product revenue to be boosted by an existing customer refresh cycle in 2015, and Wells is confident in the company's service revenue outlook. It raised its price target on the name to $112-$129 from $113-$120 and keeps an Outperform rating on the shares.
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