Salesforce

U.S. stocks rose ahead of next week's busy earnings schedule, but still finished lower for the week. On Tuesday, Yahoo! and Intel kick off earnings in the tech sector with eBay following on Wednesday. Investors will also see results from Citigroup, Goldman Sachs and JPMorgan Chase in the...

It is rare for a company that has already filed for an IPO to seek new financing. Box Inc. did just that Monday, raising $150 million from private equity firm, TPG Growth and from Coatue Management, L.L.C. According to The Wall Street Journal, data from Dow Jones VentureSource indicated that...

U.S. stocks were little changed as investors digested comments coming from head of the Federal Reserve Bank of St. Louis. The Fed's Jim Bullard said that the 2.9 percent decline in the first quarter GDP is “giving me heartburn.” Bullard added that the worse than expected figure...

Cloud storage company Box will arrive late to its own IPO party, but it will arrive. At least that’s according to sources who spoke with Re/Code Thursday. In addition, those same sources said the company was not for sale. Period. According to the sources, Box hopes to complete its initial...

May concluded with a bang after Apple (NASDAQ: AAPL), Microsoft (NASDAQ: MSFT), Salesforce (NYSE: CRM) and Google (NASDAQ: GOOG) made a handful of big announcements. Apple, of course, confirmed that it will acquire Beats Electronics. Microsoft and Salesforce teamed up for Office integration....

U.S. stocks gained on Thursday despite the Commerce Department reporting that U.S. gross domestic product declined at a one percent annualized rate in the quarter. Analysts were expecting GDP to decline 0.4 percent. Pending home sales were below expectations but investors may have shrugged off...

U.S. stocks declined as concerns escalated over Ukraine, two days before its citizens will vote in a referendum to split from Ukraine and become part of Russia. Russian President Vladimir Putin is gearing up to “invade eastern Ukraine” as a six hour talk between U.S. Secretary of State John...

Salesforce (NYSE: CRM) is up less than one percent in after hours trading after the company announced its fourth quarter results. The firm reported a Q4 EPS of $0.07 versus the Street estimate of $0.06. Revenue arrived at $1.15 billion versus the Street estimate of $1.13 billion. Sales were up 38...

Major indices finished Wednesday's trading session relatively flat as the Fed's minutes released had no impact on the markets. Minutes released from the Federal Reserve's latest meeting re-affirmed that many members on the committee wanted to proceed with caution in trimming the $85 billion...

Salesforce.com (NYSE: CRM) is set to part ways with President of Global Sales Hilarie Koplow-McAdams. Koplow-McAdams will be leaving the company where she occupied the position of President of Global Sales. Koplow-McAdams was tasked with focusing on growing the company's business globally....

Things are not going well at BlackBerry (NASDAQ: BBRY). Everybody knows that. The company is getting ready to cut its workforce by as much as 40 percent by the end of the year, according to The Wall Street Journal. As of March, BlackBerry had 12,700 employees. Under the worst-case scenario, by...

Is Salesforce (NYSE: CRM) worth the going rate of $168 per share? Many investors have already answered that question by investing in the stock. Bob Auer, the Senior Portfolio Manager of SBAuer Funds, LLC, is not one of those investors. Before he is willing to buy a company, it must meet the...

Analysts are looking for solid top and bottom line performance when Salesforce (NYSE: CRM) reports earnings after the market closes on Thursday. The maker of customer management systems using the SaaS model (software-as-a-service) and cloud based technology has become a bellwether stock in the...