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Stock Market & Financial Investment News

News Breaks
January 10, 2014
10:33 EDTCRM, WDAY, N, CSODAnalyst says Salesforce.com poised to beat fourth quarter expectations
Salesforce.com's (CRM) fourth quarter results are likely to beat analysts' consensus estimates, BMO Capital wrote in a note to investors. WHAT'S NEW: After speaking with some of Salesforce.com's customers, BMO Capital analyst Joel Fishbein reports that the customers are looking to spend more money on the cloud company's products. Over the next 24-36 months, Salesforce.com's marketing and service revenue should surpass expectations, Fishbein wrote. Additionally, the company's new Salesforce1 development platform "could be a game changer," the analyst believes. WHAT'S NOTABLE: Salesforce.com CEO Marc Benioff stated that his company has moved "to the next level" when it comes to selling to large companies, as result of hiring former Oracle (ORCL) executive Keith Block, InformationWeek reported today. OTHERS TO WATCH: Other companies in the cloud space include Workday (WDAY), NetSuite (N), and Cornerstone OnDemand (CSOD). PRICE ACTION: In early trading, Salesforce.com lost 0.6% to $56.
News For CRM;WDAY;N;CSOD From The Last 14 Days
Check below for free stories on CRM;WDAY;N;CSOD the last two weeks.
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September 17, 2014
12:03 EDTCSODCornerstone OnDemand mentioned cautiously at Northland
September 16, 2014
09:59 EDTWDAY, NOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: ACI Worldwide (ACIW) initiated with a Neutral at Sterne Agee... ADP (ADP) initiated with a Market Perform at Bernstein... ANSYS (ANSS) initiated with a Sector Perform at RBC Capital... Accenture (ACN) initiated with a Market Perform at Bernstein... Blackhawk (HAWK) initiated with a Neutral at Sterne Agee... Coca-Cola (KO) initiated with a Market Perform at Cowen... Cognizant (CTSH) initiated with an Outperform at Bernstein... Constellation Brands (STZ) initiated with a Market Perform at Cowen... Dr Pepper Snapple (DPS) initiated with a Market Perform at Cowen... GenCorp (GY) initiated with a Hold at KeyBanc... Global Payments (GPN) initiated with a Neutral at Piper Jaffray... GoPro (GPRO) initiated with a Buy at Cleveland Research... Green Dot (GDOT) initiated with a Neutral at Sterne Agee... Lionsgate (LGF) initiated with a Buy at ISI Group... MEDNAX (MD) initiated with a Neutral at SunTrust... MasterCard (MA) initiated with a Buy at Sterne Agee... Molson Coors (TAP) initiated with an Outperform at Cowen... Monster Beverage (MNST) initiated with a Market Perform at Cowen... NetSuite (N) initiated with an Outperform at RBC Capital... Oracle (ORCL) assumed with a Sector Perform at RBC Capital... PepsiCo (PEP) initiated with an Outperform at Cowen... SAP (SAP) initiated with a Sector Perform at RBC Capital... Teekay (TK) initiated with a Hold at Deutsche Bank... Tesla (TSLA) initiated with a Buy at ISI Group... Visa (V) initiated with a Buy at Sterne Agee... Western Union (WU) initiated with a Neutral at Sterne Agee... Workday (WDAY) initiated with an Outperform at RBC Capital... Yelp (YELP) initiated with a Neutral at RW Baird... Zillow (Z) initiated with an Overweight at Stephens... zulily (ZU) initiated with an Outperform at RW Baird.
September 15, 2014
16:32 EDTCRMSalesforce.com assumed with an Outperform at RBC Capital
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16:31 EDTNNetSuite initiated with an Outperform at RBC Capital
Target $111.
16:31 EDTWDAYWorkday initiated with an Outperform at RBC Capital
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07:24 EDTCRMTech leaders concede need to address privacy, security concerns, FT says
Prominent start-up investor and Facebook (FB) director Peter Thiel said a "crescendo of concern is building up in Europe" about the U.S. tech industry's record on online privacy and security, which Silicon Valley is underestimating "badly,” though Google (GOOG) chairman Eric Schmidt tech companies "are way sensitive" to the concerns, reported Financial Times. The same report noted that Brad Smith, general counsel of Microsoft (MSFT), said some in the industry have "underestimated the degree to which people care about privacy,” while Salesforce.com (CRM) CEO Marc Benioff said consumer Internet companies have “paid a terrible price” for imposing a U.S.-centric view of their technology. Reference Link
06:23 EDTCRMCisco says Salesforce.com CEO Benioff to step down from board
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September 11, 2014
15:20 EDTCSODCornerstone OnDemand management to meet with UBS
Field trip to company headquarters to be held in Santa Monica on September 15 at 2 pm hosted by UBS.
08:52 EDTCSODCornerstone OnDemand pullback brings attractive entry point, says FBR Capital
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September 10, 2014
09:11 EDTNSenate Commerce, Science & Transportation Committee holds a hearing
The Committee holds a hearing entitled, "Freight Rail Service: Improving the Performance of America’s Rail System" to discuss the impacts of rail service issues on various industries and the economy on September 10 at 2:30 pm. Webcast Link
05:38 EDTCRMSalesforce.com signs agreement to establish data center in France
Salesforce.com (CRM) announced that it has signed an agreement to establish a new European Data Centre in France, selecting Interxion (INXN) as its service provider. The new data centre in France is one of three planned for Europe and will support the company's growing base of customers across the region. Salesforce.com's European Data Centre in France will be powered 100% by renewable energy sources.
September 9, 2014
11:30 EDTCRMSalesforce.com issues security alert on Dyre malware
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September 8, 2014
08:10 EDTCRMSalesforce.com allocates $100M to venture capital fund for app builders
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September 5, 2014
07:17 EDTCRMSalesforce.com management to meet with UBS
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