Salesforce.com Inc shares ease premarket after market beating results but mixed outlook
For the fourth quarter, Salesforce estimates adjusted earnings of 32 US cents to 33 US cents a share on revenue of US$2.8bn to US$2.81bn
Company
NYSE:CRM
Salesforce Inc is a provider of customer relationship management (CRM) technology. The company's Customer 360 platform spans sales, service, marketing, commerce, collaboration, integration, artificial intelligence, analytics, automation and others. It connects customer data across systems, applications and devices to create a complete view of customers.
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For the fourth quarter, Salesforce estimates adjusted earnings of 32 US cents to 33 US cents a share on revenue of US$2.8bn to US$2.81bn
A round up of highlights from extended trading after the bell
We stayed up here at Proactive to bring you what moved north and south after the bell in New York
Also featured: Salesforce.com, Cree, Ultragenyx Pharmaceutical and Intuit
Archive
Brokers have warm words for Autodesk, TeleNav, Wal-Mart and Gap
All three top US equity tickers fell on Friday in the wake of markets fully pricing in a December rate hike, but they still managed to gain on the week in an extension of the “Trump trade”, albeit far less than a week ago
US shares clung to the thinnest gains on Friday after Fed chair Janet Yellen hinted at a delay to raising interest rates
Google is apparently out of the running and Apple is unlikely to bid
Archive
Exane is less concerned about any potential bid by Salesforce.com for Twitter than it is about the exciting deal it has just done
Salesforce claims that if Microsoft gets the go-ahead to complete the acquisition, it would “threaten the future of innovation and competition”
US stocks ended lower on Friday as oil prices sagged, but on the week the S&P 500 posted its best gains since July
Stocks in focus from Wedbush: Salesforce.com, Relypsa, and Audentes Therapeutics
Deal adds data discovery and AI capabilities to Salesforce’s analytics cloud offering
Investments and investor services
Also, Microsoft, Viacom, Joylent, Samsung, Linkedin.com and more...
Four companies delivering outstanding returns to shareholders
US stocks close flat-to-lower after the Federal Reserve raises the stakes for a June rate hike and oil prices slump late in the session
Wall Street shares hold gains by midsession on Wednesday, as investors take positions ahead of key Fed monetary meeting minutes released at 1400 ET
"It seems the markets are finally waking up to the idea that the Fed could raise interest rates before the end of the year."
A rate rise is not expected today, but it is looking more likely there will be one before the year is out