Salesforce.com Inc. (NYSE: CRM), provider of enterprise cloud computing and social enterprise solutions, has reached an agreement to acquire Buddy Media for $689 million. The acquisition of Buddy Media further expands CRM’s presence in social media marketing.
Month: June 2012
BP Looking to Sell Stake in TNK-BP
Oil and gas giant BP Plc (ADR) (NYSE: BP) on Friday said that it is seeking to sell its stake in Russian joint venture, TNK-BP. The oil major said that it informed its joint venture partner that it is considering a potential sale of its 50% stake in TNK-BP.
Ford’s May U.S. Vehicle Sales Rise (F)
Ford Motor Company (NYSE: F), today, reported that its U.S. new-vehicle sales climbed 13% in the month of May, driven by strong truck and Ford-brand sales. However, sales results missed estimates from Edmunds.com, pushing shares of the Dearborn, Michigan-based automaker lower.
Groupon Shares Tumble (GRPN, FB)
Shares of daily deals site Groupon Inc. (NASDAQ: GRPN) tumbled in trading today as restriction on insider selling expired.
Big Mover; MicroVision Inc. (MVIS)
MicroVision Inc. (NASDAQ: MVIS) shares are soaring in trading today. At last check, MVIS shares were trading 20.34% higher at $3.19 on above average volume of 2.70 million.
Hot Stock; PharmAthene Inc. (PIP)
Shares of PharmAthene Inc. (AMEX: PIP), a biodefense company focusing on the development and commercialization of medical countermeasures against biological and chemical weapons, are soaring today.
Micro-Cap on Watch; Gold and GemStone Mining Inc. (GGSM)
Gold and GemStone Mining Inc. (OTC: GGSM), an exploration stage company engaged in the acquisition, exploration and development of diamond and gold properties, today, said that its joint venture partner in Sierra Leone, West Africa, secured another 50 acres of surrounding concessions to the existing project Nimiyama.
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Micro-Cap on the Move; Independence Energy Corp. (IDNG)
Shares of Independence Energy Corp. (OTC: IDNG), an oil and gas exploration and development company focused on projects in the U.S., are lower in trading today.
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Micro-Cap in Focus; Omni Ventures Inc. (OMVE)
Omni Ventures Inc. (PINK: OMVE), a manufacturer, seller and marketer of products in denim and other apparel using retail and wholesale channels, this week, secured $1.5 million financing commitment for development of its PRVCY Casual Couture collection of apparel and accessories.
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Ciena Shares Surge as Q2 Loss Narrows (CIEN)
Shares of Ciena Corporation (NASDAQ: CIEN) surged on Thursday after the Linthicum, Maryland-based company said that its second-quarter loss narrowed as revenue rose 14%.
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