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Stock Market & Financial Investment News

News Breaks
May 23, 2014
08:01 EDTWDAYWorkday volatility elevated into Q1
Workday June call option implied volatility is at 51, September is at 48, December is at 46; compared to its 26-week average of 44 according to Track Data, suggesting large near term price movement into the expected release of Q1 results on May 27.
News For WDAY From The Last 14 Days
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May 5, 2015
05:27 EDTWDAYWorkday selected by Hyperian to support exponential growth
Workday announced that Hyperion Insurance Group Limited, an international insurance intermediary group, has selected Workday Human Capital Management to support the business at a time of significant growth.
April 30, 2015
06:51 EDTWDAYPiper sees Salesforce takeover price upwards of $100/share
Piper Jaffray followed JPMorgan in predicting a Salesforce takeover price upwards of $100 per share. Piper calls Salesforce a "very attractive and unique asset," but admits it has no proprietary information about a potential deal. Oracle (ORCL), Microsoft (MSFT), IBM (IBM) and the large Internet centric vendors are the only tech companies likely to afford Salesforce, Piper believes. It points out that while Oracle denied it made an offer, the $10B in debt raised earlier this week by the company is likely to keep it near the top of the potential acquirer list. Piper says Salesforce potentially being in play raises the potential for any pure cloud vendor to be taken over, including Workday (WDAY) and ServiceNow (NOW), as well as "host of smaller pure cloud vendors and fast-growing non-cloud companies" such as Splunk (SPLK). The firm keeps an Overweight rating on Salesforce with an $80 price target.
April 29, 2015
14:58 EDTWDAYSalesforce hires bankers after approach by potential buyer, Bloomberg says
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14:43 jumps 5% after Bloomberg says bankers hired to field offers
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