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Stock Market & Financial Investment News

News Breaks
December 19, 2012
04:53 EDTKRC, CRMSalesforce.com leases 100% of Kilroy Realty's 350 Mission Street tower
Kilroy Realty (KRC) said it has signed a long-term lease with cloud-computing giant salesforce.com (CRM) for 100% of the real estate investment trust's 27-story, LEED-platinum-designed office tower now under construction at 350 Mission Street in San Francisco's South of Market financial district. Salesforce.com has agreed to lease up to approximately 445,000 square feet which includes approximately 50,000 square feet of must-take space that is subject to KRC obtaining entitlements to add three stories to the building. KRC acquired the 350 Mission Street land site in October and saw tremendous interest in the property from multiple companies in a variety of technology and non-technology-related industries. Upon completion of the building, the company will own 2.6M square feet of office space in SOMA that is currently 94% leased or committed. The company estimates the total development cost for the 27-story building will be approximately $250M and could increase by approximately $25M if the additional entitlements are obtained.
News For CRM;KRC From The Last 14 Days
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May 20, 2015
18:47 EDTCRMSalesforce CEO says company will serve all shareholders, sees value beyond EPS
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18:42 EDTCRMSalesforce CEO sees company revenue reaching $10B in future
Salesforce CEO Marc Benioff says will be excited when the time comes that he can announce Salesforce has been the fastest software company to reach $10B in revenue. Benioff is speaking on CNBC.
17:58 EDTCRMSalesforce now up over 7% in after hours trading
17:56 EDTCRMSalesforce says not commenting on M&A rumors
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17:55 EDTCRMSalesforce says longer term target of $10B in annual revenue
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17:36 EDTCRMSalesforce says looking to surpass SAP
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16:25 EDTCRMSalesforce up almost 5% after reporting Q1 results, guidance
16:09 EDTCRMSalesforce raises FY16 EPS view to 69c-71c from 67c-69c, consensus 69c
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16:07 EDTCRMSalesforce sees Q2 EPS 17c-18c, consensus 17c
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16:06 EDTCRMSalesforce reports Q1 EPS 16c, consensus 14c
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15:00 EDTCRMNotable companies reporting after market close
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14:55 EDTCRMSalesforce May 71.5 weekly straddle priced for 5.5% movement into Q1
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13:39 EDTCRMSalesforce technical comments ahead of earnings
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09:14 EDTCRMJefferies software analysts hold an analyst/industry conference call
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05:57 EDTCRMSAP CEO says Salesforce unlikely to be acquired, Reuters reports
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May 19, 2015
13:05 EDTCRMSalesforce deal talks may have 'died down,' dealReporter says
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12:59 EDTCRMSalesforce drops after dealReporter says potential sale may take time
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10:48 EDTKRCCredit Suisse to hold property tours
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07:03 EDTCRMSalesforce.com volatility elevated into Q1 and outlook
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May 18, 2015
07:24 EDTCRMSalesforce buyout rumors may cloud earnings focus, says Susquehanna
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