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Salesforce said on Thursday it expects an adjusted profit of 50- 52 cents per share on revenue of $5.34- $5.37 billion for the year ending Jan. 31. It had previously forecast an adjusted profit of 49- 51 cents on revenue of $5.30- $5.34 billion.
Salesforce.com is reporting EPS of $0.13 ex-items on revenue of $1.3 billion, with CNBC's Jon Fortt.
*Family Dollar rejects Dollar General buyout offer. NEW YORK, Aug 21- U.S. stocks were set for a slightly higher open on Thursday, after jobless claims data pointed to continued improvement in the labor market and before the start of a meeting of top central bankers and economists in Jackson Hole, Wyoming.
U.S. stock index futures indicated a higher open on Thursday, as the closely-watched Jackson Hole symposium of central bankers gets underway.
*Jackson Hole conference to begin. *Bank of America gains before expected settlement deal. NEW YORK, Aug 21- U.S. stock index futures edged higher on Thursday, ahead of a flurry of economic data and the start of the meeting of top central bankers and economists in Jackson Hole, Wyoming.
Markets are more likely to get a schooling on the labor market than a road map for rate hikes when the Fed meets in Jackson Hole in the week ahead.
As the silicon chip nears its theoretical limit of productivity, semiconductor companies are in an R&D arms race to drive chip innovation.
The young guns are out and they're looking to bag some big investing game.
Sometimes the best tools to help you move up the employment ladder are right in your pocket. Here are apps that will help you make the right moves.
It's been a decade since Salesforce.com's IPO that introduced cloud software. Now industry-focused applications are set to grow.
Cramer says the price action in Tuesday’s market is sending an important message about what to buy in the days ahead.
Some of the names on the move ahead of the open.
Of the 30 stocks on the Dow, only seven have not hit 52-week highs this year. Is it time to bet on these underperformers?
June 23- Oracle Corp said it would buy Micros Systems in a $5.3 billion deal as the world's No.2 business software maker looks to boost flagging growth through acquisitions.
SAN FRANCISCO, June 19- Oracle Corp on Thursday posted fiscal fourth-quarter results that disappointed investors looking for more progress against rivals selling web-based services, sending its shares lower.
Listen up, investors. Cramer says we've just gotten an important 'tell' from Red Hat.
SAN FRANCISCO, June 19- Oracle Corp on Thursday posted fiscal fourth-quarter revenue and new software sales that disappointed Wall Street, sending its shares lower. Reflecting expectations of a pickup in its software business and progress in cloud computing, shares of Oracle had gained 10 percent over the past three months, double the S&P 500' s increase.
Oracle reported quarterly earnings and revenue that missed analysts' expectations on Thursday, sending shares lower in extended-hours trading.
Oracle is reportedly in talks to buy a software maker Micros Systems for more than $5 billion.
Given the shifting risk/reward dynamics, Cramer says, “some stocks are just going to have to go up without me.”