|Bid||0.00 x 800|
|Ask||0.00 x 800|
|Day's Range||143.60 - 147.88|
|52 Week Range||90.28 - 149.35|
|PE Ratio (TTM)||228.77|
|Earnings Date||Aug 29, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||154.07|
Aug.10 -- Alexander Connor, Alexiam Opportunities Fund portfolio manager, discusses market volatility and his options strategy with Bloomberg's Julie Hyman on "Bloomberg Markets."
Accel-KKR's investment is buying out some early investors in SugarCRM and giving it new funds to help it grow, including via acquisitions.
Soros Fund Management LLC added Facebook Inc, Apple Inc and Twitter Inc, but trimmed stakes in Alphabet Inc and Amazon.com Inc in the quarter through June, according to a regulatory filing on Tuesday. Soros Fund Management also dramatically boosted its shares in BlackRock Inc - the world's largest asset management firm, overseeing $6 trillion - by nearly 60 percent to 12,983 total shares in the second quarter.
Salesforce's acquisition of MuleSoft addresses the company's challenge of connecting and utilizing data more efficiently from the legacy platform towards saleforce's platform, Weiss said in a research report. The acquisition is also intended to expand salesforce's value proposition as a broader public and private hybrid cloud environment, the analyst said.
Morgan Stanley raises its price target for Salesforce shares, predicting a large increase in its sales due to its MuleSoft deal.
Dan Loeb's Third Point LLC trimmed its stake in Facebook Inc. (fb) by a million shares to 3 million and added 1.7 million shares of Microsoft Corp. (msft) to bring its total holding to 2.25 million shares at the end of June, according to a regulatory filing Friday. It also built up its Adobe Systems Inc. (adbe) stake by 300,000 shares to 700,000 and raised its interest in Salesforce.com Inc. (crm) by 175,000 shares to 625,000 shares. The hedge fund's 13F also showed new stakes in Agilent Technologies Inc. (a) and Campbell Soup Co. (cpb) Third Point had previously disclosed its stake in Campbell Soup and called on the company to boost shareholders' value through a sale.
Analysts say that Friday's share price decline in Dropbox Inc. -- which plunged more than 9% in afternoon trading in part on concerns over the departure of Chief Operating Officer Dennis Woodside -- is only temporary. "This is like putting a beach ball underwater," says Canaccord Genuity analyst Richard Davis.
Dropbox, Inc. is a file hosting service company based in San Francisco, California. The company specializes in cloud-based storage, synchronization, and personal cloud and client software. Along with the valuation and IPO pricing, Dropbox also announced a $100 million pre-IPO private placement to Salesforce Ventures ( CRM), reported CNBC.
Salesforce.com (CRM) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Salesforce.com Inc.’s elevation of Keith Block to co-chief executive moves the center of gravity away from charismatic Chairman Marc Benioff, even as the business-software company creates a power-sharing structure that frequently doesn’t work out. Few companies are as synonymous with their leader as Salesforce, which Mr. Benioff co-founded in 1999. By sharing the CEO position with Mr. Block, who was promoted Tuesday from president and operating chief, allows Mr. Benioff to focus on Salesforce’s strategy and culture while recognizing Mr. Block’s role in managing the company’s day-to-day business.
On Tuesday, Salesforce promoted COO Keith Block to co-CEO alongside co-founder Marc Benioff. Block said the company will continue to expand through acquisitions and internal development. On Tuesday night, Salesforce CRM promoted Keith Block to be its co-CEO alongside co-founder Marc Benioff.
Mr. Block, a former Oracle Corp. executive who joined Salesforce in 2013 as vice chairman and president, now will report directly to Salesforce’s board of directors. Mr. Benioff, who will go from being sole CEO to co-CEO, will continue leading the company’s “vision and innovation in areas including technology, marketing, stakeholder engagement and culture,” while Mr. Block will run the company’s “growth strategy, execution and operations,” Salesforce said. San Francisco-based Salesforce sells subscriptions to online services that help sales representatives prospect and close deals, run call-center operations and manage digital marketing campaigns.
Salesforce.com (CRM) late Tuesday named Keith Block co-CEO, the latest promotion in his ascent to what many believe will be logical successor to company co-founder Marc Benioff. The 57-year-old Block, who is Salesforce vice chairman, has been Chief Operating Officer since February 2016. In his new role, Block will work alongside co-CEO Benioff, who remains chairman of the company he co-founded in 1999.
Salesforce has promoted 26-year Oracle veteran Keith Block, who most recently held the title of chief operating officer, to co-CEO alongside Mark Benioff in a shift to a dual CEO model.
The overall stock market is fairly valued, but there are pockets that resemble the valuations of the dot-com era.
The cloud computing firm said on Tuesday that Keith Block, Salesforce's vice chairman, president and COO, has been promoted to co-CEO -- a role that he'll split with Marc Benioff, Salesforce's existing CEO. In a press release, Salesforce said that Benioff, who also serves as chairman of the board, will head up the company's technology, marketing, culture and "stakeholder engagement," while Block will continue leading operations as well as strategy and execution. "Keith has been my trusted partner in running Salesforce for the past five years, and I'm thrilled to welcome him as co-CEO," said Benioff in the release.
Salesforce.com Inc.'s ( CRM) stock has skyrocketed by nearly 60% over the past year, easily beating the S&P 500 return of just 15.5%. Revenue growth is expected to remain consistent at roughly 18 to 20% over the next two years.
Salesforce.com Inc. promoted President and Chief Operating Officer Keith Block to co-chief executive, giving him shared leadership of the business software company with its co-founder and chairman, Marc Benioff. Mr. Block, a former Oracle Corp. executive who joined Salesforce in 2013 as vice chairman and president, now will report directly to Salesforce?s board. Mr. Benioff, who will go from being sole CEO to co-CEO, will continue leading the company?s ?vision and innovation in areas including technology, marketing, stakeholder engagement and culture,?