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Stock Market & Financial Investment News

News For CRM From The Last 14 Days
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September 2, 2015
18:05 EDTCRMSalesforce signs definitive agreement to acquire AKTA
On its website, AKTA said, "Today, we are excited to announce that Salesforce has signed a definitive agreement to acquire AKTA." Reference Link
August 27, 2015
15:56 EDTCRMSalesforce upgraded to Outperform from Neutral at Exane BNP Paribas
August 26, 2015
06:44 EDTCRMWorkday valuation contingent on competitors in cloud market, WSJ reports
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August 25, 2015
18:58 EDTCRMSalesforce paid roughly $57M for three startups this year, BI says
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14:20 EDTCRMFormer JPMorgan analyst charged in $600,000 insider trading scheme
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August 21, 2015
10:32 EDTCRMOptions with decreasing implied volatility
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10:02 EDTCRMOn The Fly: Analyst Upgrade Summary
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09:13 EDTCRMOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Accuray (ARAY), up 12.7%... Brocade (BRCD), up 6%... salesforce.com (CRM), up 3.5%. DOWN AFTER EARNINGS: Intuit (INTU), down 6.7%... Deere (DE), down 5.4%... Nordson (NDSN), down 4.4%. ALSO LOWER: GigOptix (GIG), down 20% after 9.22M share Spot Secondary priced at $1.70... VirnetX Holding (VHC), down 19.8% after filing to sell 35M shares of common stock... Northwest Biotherapeutics (NWBO), down 8.7% after TheStreet's Adam Feuerstein reports, via Twitter, that CVax Phase 3 study has been temporarily halted in Germany.
08:51 EDTCRMSalesforce reported strong results, says Roth Capital
After Salesforce reported stronger than expected results, Roth thinks the company's 8.2% sequential growth was "impressive." Roth says that Salesforce has the best growth of any large-cap tech company. It reiterates an $80 price target and Buy rating on the shares.
07:31 EDTCRMSalesforce remains favorite large-cap growth stock, says Canaccord
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07:16 EDTCRMSalesforce selloff a rare buying opportunity, says Brean Capital
Brean Capital said Salesforce reported strong Q2 results with good guidance and views yesterday's market selloff as a rare opportunity to buy the shares ahead of the release of Dreamforce. The firm sees other catalysts including Marketing Cloud product launches, ongoing adoption of Wave Analytics, improving profitability, and compressed valuation. Brean Capital reiterated its Buy rating and raised its price target to $86 from $85 on Salesforce shares.
06:59 EDTCRMSalesforce reported another beat and raise, says Piper Jaffray
Piper Jaffray analyst Katherine Egbert says Salesforce "beat and raised, again." She views the company's Q2 results as "strong" and says the stock's valuation is "more reasonable" than other cloud names. The next potential catalyst for shares is DreamForce and the September 15 analyst day, Egbert tells investors in a post-earnings research note. She reiterates an Overweight rating on Salesforce with an $80 price target.
06:20 EDTCRMSalesforce upgraded to Buy from Hold at Pivotal Research
Pivotal Research upgraded Salesforce to Buy and increased its price target to $82 from $79 following the Q2 report. The firm remains positive on Salesforce's long-term opportunities and in its ability to execute, and upgraded shares given the sell-off in shares.
06:04 EDTCRMJefferies keeps sell on Salesforce despite 'respectable' quarter
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