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Stock Market & Financial Investment News

News Breaks
November 16, 2012
15:24 EDTCRMSalesforce.com November weekly volatility elevated at 78 into Q3
Salesforce.com November weekly call option implied volatility is at 78, December is at 44, January is at 39; compared to its 26-week average of 43 according to Track Data, suggesting larger near term price movement into the expected release of Q3 results on November 20.
News For CRM From The Last 14 Days
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October 28, 2014
07:23 EDTCRMSalesforce.com added to Best Ideas List at Morgan Stanley
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October 26, 2014
15:53 EDTCRMSalesforce looks to establish presence in healthcare, Reuters says
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October 21, 2014
07:45 EDTCRMMicrosoft CEO touts cloud revenue run-rate over $4B, BI reports
At a press event yesterday, Microsoft (MSFT) CEO Satya Nadella provided a number of figures about the strong performance of the company's Azure cloud business, including a revenue run rate of nearly $4.4B and that Azure is adding 10,000 new customers every week to its 350M active directory user base, reported Business Insider, which noted that Amazon Web Services (AMZN) is estimated to have roughly $4B in annual sales and that Salesforce.com (CRM) had a little over $4B in revenues last year. Reference Link
06:40 EDTCRMForrester: Adobe becomes marketing cloud leader, VentureBeat reports
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October 17, 2014
07:44 EDTCRMSalesforce.com moving in right direction in every way, says Canaccord
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October 16, 2014
07:57 EDTCRMSalesforce president lays out vision for quadrupling revenue, WSJ reports
Salesforce (CRM) president and vice chairman Keith Block outlined his plan to grow the company's annual revenue to $20B at the company’s annual Dreamforce conference, said The Wall Street Journal, which noted that Block specifically said, “We want to be bigger than SAP.” Block's strategy involves expansion in new product areas, adding new packages of software tailored to a handful of high-value industries, and expanding sales efforts outside of North America, the Journal reported. Reference Link

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