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Stock Market & Financial Investment News

News Breaks
December 19, 2012
04:53 EDTCRM, KRCSalesforce.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 22, 2013
13:42 EDTCRMEarnings Preview: Salesforce.com shares up over 9% since last earnings report
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10:45 EDTCRMSalesforce.com May weekly volatility elevated at 134 into Q1 and outlook
Salesforce.com May weekly call option implied volatility is at 134, June is at 35, August is at 33; compared to its 26-week average of 34 according to Track Data, suggesting large near term price movement into the expected release of Q1 results after the market close on May 23.
08:05 EDTCRMSalesforce.com cash flow trends concerning, says Bernstein
Bernstein said Salesforce.com's free cash flow trends are concerning as cash expense indicates a significant decline in free cash flow per share. The firm expects Salesforce.com will have to pay a higher percentage of compensation in cash as free cash flow falls and reiterates its Underperform rating and $29 price target.
07:40 EDTCRMSalesforce.com bookings, revenue likely to exceed expectations, says RBC Capital
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07:21 EDTCRMMIT Sloan Alumni Club of Boston to hold a symposium
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May 20, 2013
13:21 EDTCRMSalesforce.com checks suggest strong Q1 results, says Stephens
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09:40 EDTCRMActive equity option families trading
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May 17, 2013
07:10 EDTCRMSalesforce.com outlook appears positive, says Oppenheimer
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06:54 EDTCRMSalesforce.com May weekly volatility elevated at 73 into Q1 and outlook
Salesforce.com May weekly call option implied volatility is at 73, June is at 38, August is at 33; compared to its 26-week average of 34 according to Track Data, suggesting large near term price movement into the expected release of Q1 results after the market close on May 23.
May 16, 2013
09:38 EDTCRM, CRMSalesforce.com partners met or beat expectations for Q1, says OTR Global
OTR Global's said Salesforce.com's partners have met or beat Q1 2014 business expectations driven by the Force.com platform.
09:33 EDTCRM, CRMSalesforce.com mentioned positively at OTR Global
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May 14, 2013
07:43 EDTCRMSalesforce.com June volatility flat into Q1 and outlook
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May 9, 2013
15:06 EDTCRMBrown Advisory reports 5.0% passive stake in Salesforce.com
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08:56 EDTCRMMorgan Stanley remains buyers of Salesforce.com
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May 8, 2013
10:49 EDTCRMSalesforce.com May volatility low at 24
Salesforce.com May call option implied volatility is at 24, June is at 34, August is at 32; compared to its 26-week average of 35 according to Track Data, suggesting decreasing near term price movement.
10:40 EDTCRMSalesforce.com, Yelp rumored as potential Sohn short mentions, Kass says
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