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Stock Market & Financial Investment News

News Breaks
August 30, 2013
10:15 EDTCRM, ORCL, NSalesforce.com reaches new 52-week high after raising outlook
Shares of enterprise cloud computing provider Salesforce.com (CRM) hit a new 52-week high after the company beat second quarter estimates and raised its full year 2014 outlook. WHAT'S NEW: Last night, Salesforce.com reported second quarter adjusted earning per share of 9c and revenue of $957M. Those compare to consensus forecasts of 7c and $939.25M, respectively. The company also raised its 2014 guidance. FY14 adjusted EPS was raised to 32c-34c from 31c-33c, against analystsí consensus of 33c. FY14 revenue was raised to $4B-$4.025B from $3.96B-$4B, versus consensus of $3.99B. ANALYST REACTON: This morning, Salesforce.comís price target was raised at three separate firms, namely UBS, Credit Suisse, and RBC Capital. All cited the companyís better than expected Q2 results. PRICE ACTION: In early morning trading, Salesforce.com rose $5.63, or 13%, to $49.32 on very heavy volume. Earlier in the session, the stock made a new 52-week high of $49.58. OTHERS TO WATCH: NetSuite (N) and Oracle (ORCL) were both up about 1% following Salesforce's report.
News For CRM;N;ORCL From The Last 14 Days
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January 28, 2015
05:57 EDTORCLStocks with implied volatility below IV index mean; ORCL NPSP
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January 27, 2015
06:00 EDTORCLStocks with implied volatility below IV index mean; ORCL NPSP
Stocks with implied volatility below IV index mean; Oracle (ORCL) 17, NPS Pharmaceuticals (NPSP) 2 according to iVolatility.
January 26, 2015
11:05 EDTORCLPension funds urge Oracle to improve governance, Bloomberg says
Two pension funds that own Oracle stock sent a letter to Oracle's board urging the company to allow shareholders to nominate their own candidates for directors, change the compensation of executives, and make the company easier to communicate with, says Bloomberg. Reference Link
06:09 EDTORCLStocks with implied volatility below IV index mean; ORCL NFLX
Stocks with implied volatility below IV index mean; Oracle (ORCL) 17, Netflix (NFLX) 31 according to iVolatility.
January 25, 2015
17:32 EDTORCLOracle shares could climb over 20%, Barron's says
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January 23, 2015
10:02 EDTCRMOn the Fly: Analyst Initiation Summary
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05:57 EDTORCLStocks with implied volatility below IV index mean; ORCL ARNA
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January 22, 2015
17:05 EDTORCLOracle to host educational webcast
"Executive Access for Investors" educational webcast to be held on January 28 at 12 pm.Webcast Link
16:27 EDTCRMSalesforce.com initiated with an Outperform at Cowen
Target $73.
11:32 EDTORCLF5 Networks plummets after Q2 outlook trails estimates
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08:57 EDTORCLIxia slides after Oracle unveils Virtual Compute Appliance X5
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07:55 EDTORCLOracle management to meet with UBS
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January 21, 2015
17:00 EDTORCLCisco down 1.4% after Oracle's Ellison says VCA cheaper than Cisco product
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16:58 EDTORCLOracle introduces Virtual Compute Appliance, Bloomberg reports
Oracle's (ORCL) Ellison says Virtual Compute Appliance is half the price of equivalent Cisco (CSCO) hardware, added Bloomberg, citing comments from an event at Oracle headquarters.
07:46 EDTORCLOracle management to meet with UBS
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January 20, 2015
08:36 EDTORCLOracle management to meet with UBS
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07:15 EDTCRMSAP not interested in buying competitors Workday, Salesforce, Bloomberg reports
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January 15, 2015
06:04 EDTORCLStocks with implied volatility below IV index mean; ORCL ARNA
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January 14, 2015
06:03 EDTORCLStocks with implied volatility below IV index mean; ORCL ARNA
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