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Stock Market & Financial Investment News

News Breaks
August 20, 2014
08:17 EDTCRMSalesforce.com appears poised to report good Q2 results, says Oppenheimer
After conducting checks, Oppenheimer believes that Salesforce.com appears to be poised to report good Q2 results. The firm thinks the company's growth targets for Q3 and 2H14 could exceed 25%, justifying an increase in its cash flow multiple. Oppenheimer keeps a $71 price target and Outperform rating on the shares.
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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