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Stock Market & Financial Investment News

News Breaks
December 17, 2013
09:41 EDTRAX, CRM, WDAYRackspace could be near deal with Salesforce, says Wells Fargo
Wells Fargo believes Rackspace (RAX) could be close to winning Salesforce.com (CRM) as a customer after the Wall Street Journal reported last night that Salesforce.com will make its services available on servers running OpenStack. Wells admits the deal could be smaller than Rackspace's small deal with Workday (WDAY), but says winning Salesforce as a customer would be a meaningful positive for sentiment. The firm keeps an Outperform rating on shares of Rackspace.
News For RAX;CRM;WDAY From The Last 14 Days
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April 22, 2014
12:18 EDTCRMBofA/Merrill's software analysts hold an analyst/industry conference call
Software Analysts, along with Ray Wang, Principal Analyst & CEO at Constellation Research, provide their perspectives on pertinent topics in the software industry and how disruptive technologies impact cross channel commerce and technology optimization on an Analyst/Industry conference call to be held on April 25 at 11 am.
09:55 EDTRAXRackspace coverage initiated at ITG Research
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08:54 EDTWDAY, CRMSaaS fundamentals remain strong, buy pullback, says Morgan Stanley
Morgan Stanley said SaaS fundamentals remain strong and corporate spending and secular drivers remain strong. The analyst would use the pullback to buy favorite names that include ServiceNow (NOW), Salesforce.com (CRM), Veeva (VEEV) and Workday (WDAY).
08:35 EDTRAXCommVault extends relationship with Rackspace
CommVault (CVLT) announced that it has extended its relationship with Rackspace Hosting (RAX) to improve managed backup services based on the latest enhancements in Simpana 10. Through their collaborative efforts, the companies have enhanced Rackspace's services capabilities with capabilities of the Simpana 10 platform.
06:37 EDTRAXCompanies with cloud businesses worried about Aereo case, Re/code says
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05:47 EDTCRMStocks with implied volatility movement; JCP CRM
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April 14, 2014
08:28 EDTWDAYChecks positive for Workday, says Wedbush
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April 11, 2014
08:49 EDTCRMBoston Properties signs 714,000 square foot lease with Salesforce.com
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April 10, 2014
15:40 EDTWDAYWorkday April volatility increases to 61 on wide price movement
Workday April call option implied volatility is at 61, May is at 54, June is at 58, September is at 49; compared to its 26-week average of 40 according to Track Data, suggesting larger near term price movement.
09:10 EDTRAXRackspace appoints Ryan Neading as Chief Information Officer
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09:09 EDTWDAYWorkday shares should be bought ahead of results, says Pacific Crest
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09:01 EDTCRMSalesforce.com should be bought ahead of results, says Pacific Crest
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