New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 18, 2013
13:40 EDTCRM, WDAY, N, CSOD, ULTIFirm upbeat on Salesforce.com after surveying CIOs
After surveying chief information officers, Pacific Crest reports that the executives plan to buy more software-as-a-service solutions. As a result, the firm thinks that the revenue generated by Salesforce.com's (CRM) Marketing cloud business can reach $1 billion. WHAT'S NEW: Pacific Crest's survey of 183 CIOs indicates that the executives are more interested in several SAAS applications - including marketing and social media - than they were a year ago, Pacific Crest analyst Brendan Barnicle wrote in a note to investors. The survey suggests that the CIOs plan to buy more of these solutions ,the analyst believes. Consequently, Salesforce.com's marketing business could generate $1 billion in revenue by the company's fiscal 2016, which starts in a little over a year, Barnicle forecast. As of May the company's marketing cloud business was generating $100 million in revenue, according to InformationWeek, quoting Salesforce. Moreover, the company's overall revenue could accelerate in the first half of fiscal 2015, said Barnicle. He recommends buying the stock, pointing out that it has dropped 10% since reporting its earnings on November 18. OTHERS TO WATCH: Other software-as-a-service companies include Workday (WDAY), NetSuite (N), Cornerstone on Demand (CSOD) and Ultimate Software (ULTI). PRICE ACTION: In mid-afternoon trading, Salesforce.com lost 21c, or 0.36%, to $52.03.
News For CRM;WDAY;N;CSOD;ULTI From The Last 14 Days
Check below for free stories on CRM;WDAY;N;CSOD;ULTI the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
April 23, 2014
09:18 EDTULTIUltimate Software decline creates attractive entry point, says Roth Capital
Subscribe for More Information
April 22, 2014
12:18 EDTCRMBofA/Merrill's software analysts hold an analyst/industry conference call
Software Analysts, along with Ray Wang, Principal Analyst & CEO at Constellation Research, provide their perspectives on pertinent topics in the software industry and how disruptive technologies impact cross channel commerce and technology optimization on an Analyst/Industry conference call to be held on April 25 at 11 am.
08:54 EDTWDAY, CRMSaaS fundamentals remain strong, buy pullback, says Morgan Stanley
Morgan Stanley said SaaS fundamentals remain strong and corporate spending and secular drivers remain strong. The analyst would use the pullback to buy favorite names that include ServiceNow (NOW), Salesforce.com (CRM), Veeva (VEEV) and Workday (WDAY).
05:47 EDTCRMStocks with implied volatility movement; JCP CRM
Subscribe for More Information
April 21, 2014
06:07 EDTCSODCornerstone OnDemand upgraded to Buy from Neutral at UBS
Subscribe for More Information
April 14, 2014
10:02 EDTULTIOn The Fly: Analyst Initiation Summary
Subscribe for More Information
08:28 EDTWDAYChecks positive for Workday, says Wedbush
Subscribe for More Information
06:28 EDTULTIUltimate Software initiated with a Buy at Deutsche Bank
Subscribe for More Information
05:49 EDTULTIUltimate Software upgraded to Outperform from Market Perform at Raymond James
Subscribe for More Information
April 11, 2014
08:49 EDTCRMBoston Properties signs 714,000 square foot lease with Salesforce.com
Subscribe for More Information
April 10, 2014
15:40 EDTWDAYWorkday April volatility increases to 61 on wide price movement
Workday April call option implied volatility is at 61, May is at 54, June is at 58, September is at 49; compared to its 26-week average of 40 according to Track Data, suggesting larger near term price movement.
09:09 EDTWDAYWorkday shares should be bought ahead of results, says Pacific Crest
Subscribe for More Information
09:06 EDTCSODCornerstone OnDemand shares extremely cheap, says Pacific Crest
Subscribe for More Information
09:01 EDTCRMSalesforce.com should be bought ahead of results, says Pacific Crest
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use