Salesforce.com Inc. (NYSE: CRM) announced on Tuesday that it has agreed to purchase marketing software maker ExactTarget Inc. (NYSE: ET) in a cash deal valued at $2.5 billion. Continue reading Salesforce.com to Acquire ExactTarget in Deal Valued at $2.5 Billion (CRM, ET)
Tag: CRM
Major Movers on May 24; CRM, ARO, ANF, DF, SHLD, BLOX
Shares of Salesforce.com Inc. (NYSE: CRM) slumped about 8% by afternoon trade. The cloud software maker reported fiscal first quarter results late on Thursday. Even though non-GAAP earnings were in-line with estimate and revenue topped expectation, investors were disappointed due to sequential decline in deferred revenue and earnings guidance for the current quarter. Deferred revenue is a key gauge for future orders as the Company follows subscription based business model. Net loss also widened in the first quarter as higher interest expenses and operating costs put pressure on the bottom line.
Continue reading Major Movers on May 24; CRM, ARO, ANF, DF, SHLD, BLOX
Major Gainers and Losers on November 21; CRM, STJ, SKX, SCHL
Shares of Salesforce.com Inc. (NYSE: CRM), a provider of enterprise cloud computing and social enterprise solutions, are soaring in trading today. At last check, CRM shares were trading 8.49% higher at $158.29 on above average volume of 5.32 million. The stock hit an intra-day high of $158.29 in trading today.
Continue reading Major Gainers and Losers on November 21; CRM, STJ, SKX, SCHL
IBM to Acquire Kenexa (IBM, KNXA)
With an aim to expand its reach in online software application segment, tech giant, International Business Machines Corp. (NYSE: IBM) has announced plans to acquire its smaller rival Kenexa Corp. (NYSE: KNXA) in an all cash deal estimated at $1.3 billion, representing a 42% premium over Friday’s closing price of Kenexa’s stock.
Salesforce.com Expands Social-Media Marketing Presence with Acquisition of Buddy Media (CRM)
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.
Salesforce.com Reports Q1 Results (CRM)
Salesforce.com Inc. (NYSE: CRM), a San Francisco, California-based company providing enterprise cloud computing and social enterprise solutions, released its first-quarter results. CRM swung to a loss in the first quarter due to higher operating costs and stock-based expenses. However, the company’s sales growth and quarterly billion beat Street estimates, sending shares sharply higher on Friday.