News Breaks |
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| February 6, 2013 |
| 10:22 EDT |  | CRM | Salesforce.com acquires French startup EntropySoft, Venture Beat reports
Salesforce.com (CRM) has acquired EntropySoft, a startup that offers content integration solutions, according to Venture Beat. A company spokesperson confirmed the deal closed recently, but it did not plan on making a formal announcement. Reference Link |
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News For CRM From The Last 14 Days Check below for free stories on CRM the last two weeks. |
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| June 17, 2013 |
| 09:40 EDT |  | CRM | Active equity option families trading on open
Active equity option families trading on open according to Track Data: AAPL NFLX GOOG CLF TSLA CRM. |
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| 08:48 EDT |  | CRM | Salesforce.com valuation very attractive, says Pacific Crest
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| June 12, 2013 |
| 13:27 EDT | | CRM | Salesforce.com to invest in Tokyo software venture, Nikkei reports
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| 10:45 EDT |  | CRM | Salesforce.com files 2.1M share automatic equity shelf
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| 10:02 EDT |  | CRM | Salesforce.com commences previously announced tender for ExactTarget
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| June 10, 2013 |
| 06:09 EDT | | CRM | Salesforce.com price target raised to $65 from $51.75 at Wunderlich
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| June 7, 2013 |
| 08:41 EDT | | CRM | Salesforce.com hiring of former Oracle executive positive, says JMP Securities
After Salesforce.com announced that it had hired the former Oracle (ORCL) executive vice president of North America, Keith Block, JMP Securities says that Block is arguably the best enterprise software sales leader in the world. The firm expects Block to attract many of his "sales disciples" to Salesforce.com. The firm keeps a $49 price target and Outperform rating on the stock. |
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| June 6, 2013 |
| 19:23 EDT | | CRM | Former Oracle exec Block joins Salesforce.com as president
Salesforce.com (CRM) announced that Keith Block has joined the company as president and VP, leading the company's global sales, customer support and consulting services organizations. In addition, Block has been appointed to Salesforce.com's board of directors. Block was most recently executive VP of North America Sales & Consulting at Oracle (ORCL). |
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| June 5, 2013 |
| 10:07 EDT |  | CRM | On The Fly: Analyst Upgrade Summary
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| 08:22 EDT | | CRM | Salesforce.com organic growth to expand as result of deal, says Oppenheimer
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| 07:58 EDT | | CRM | Salesforce.com acquisition valuation reasonable, says Susquehanna
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| 07:21 EDT | | CRM | Salesforce.com acquisition positive, says RBC Capital
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| 07:02 EDT |  | CRM | ExactTarget downgraded to Sector Perform from Outperform at RBC Capital
RBC Capital downgraded ExactTarget (ET) after the company agreed to be acquired by Salesforce.com (CRM) for $33.75 per share. Target $33.75. |
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| 06:25 EDT | | CRM | Software Sector upgraded to Attractive from Neutral at Goldman
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| 06:21 EDT | | CRM | Salesforce.com upgraded to Conviction Buy from Buy at Goldman
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| 05:55 EDT | | CRM | Stocks with implied volatility movement; CRM HLF
Stocks with implied volatility movement; Salesforce.com (CRM), Herbalife (HLF) according to IVolatility. |
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| June 4, 2013 |
| 16:20 EDT |  | CRM | On The Fly: Closing Wrap
Stocks on Wall Street were lower, but the major averages closed well off their worst levels thanks to a move higher in the final hours of trading. The late move wasn't enough, however, to keep the Dow from ending its streak of 20 consecutive higher closes on Tuesday sessions. ECONOMIC EVENTS: In the U.S., the trade deficit widened to $40.3B in April from its $38.8B prior reading, which compared to a deficit forecast of $41.1B. In Europe, an index of U.K. construction activity in May beat expectations and U.K. retail sales were also better than expected. COMPANY NEWS: Salesforce.com (CRM) and IBM (IBM) both announced acquisitions. Salesforce.com will acquire ExactTarget (ET) for $2.5B, or $33.75 per share. The deal sent shares of ExactTarget up $11.59, or 52.44%, to $33.69, while Salesforce slipped $3.24, or 7.89%, to $37.80. IBM said it will buy privately-held SoftLayer and the WSJ pegged the value of the transaction at $2B. IBM shares lost $2.76, or 1.32%, to $206.19. MAJOR MOVERS: Among the notable gainers was G-III Apparel (GIII), up $9.07, or 21.22%, to $51.81 after its first quarter earnings beat estimates and the company raised its full-year earnings outlook. Also higher were shares of Morgans Hotel Group (MHGC), up 86c, or 12.89% to $7.53 after the company said it will explore its strategic alternatives. Among noteworthy losers was Dollar General (DG), down $4.91, or 9.17%, to $48.64 after reporting in-line first quarter earnings giving a full-year earnings outlook below expectations. Also lower was Pandora (P), which slid 83c, or 5.45%, after dropping over 10% yesterday as speculation mounts that Apple (AAPL) will launch a competing music streaming service at its Worldwide Developers Conference next week. INDICES: The Dow was down 76.49, or 0.50%, to 15,177.54; the Nasdaq was down 20.11, or 0.58%, to 3,445.26; and the S&P 500 was down 9.04, or 0.55%, to 1,631.38. |
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| 12:32 EDT | | CRM | On The Fly: Midday Wrap
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| 11:01 EDT | | CRM | Cloud marketing companies active following ExactTarget buyout
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| 10:06 EDT | | CRM | ExactTarget deal could bring problems for Marketo, says Roth Capital
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