Rick Sherlund, Nomura Securities, shares his thoughts on rumors Microsoft may be mulling a potential bid for Salesforce.com, and weighs in on other contenders considering a cloud play.» Read More
FRANKFURT/ WALLDORF, May 5- SAP Chief Executive Bill McDermott said his company has "zero interest" in acquiring software rival Salesforce.com. "We have zero interest in Salesforce.com." SAP is battling alongside established U.S. software makers such as Oracle, IBM and Microsoft to boost Internet-based software sales and fend off pure cloud-based rivals...
May 4- Cisco Systems Inc Chief Executive John Chambers will step down in July after 20 years at the helm of the network equipment maker, a symbol of the dot.com stock boom 15 years ago now struggling to boost its bottom line in the era of cloud computing. Wall Street analysts said a change was expected and could signal a refocusing of Cisco, which acquired dozens of...
REDWOOD CITY, Calif., April 30- Oracle Corp Chief Executive Safra Catz said her company could benefit if Microsoft Corp or another rival bought online customer relationship management firm Salesforce.com Inc. She declined comment on whether Oracle had made an approach to buy Salesforce.com, after a report on Wednesday that Salesforce.com had hired advisers...
REDWOOD CITY, Calif., April 30- Oracle Corp Chief Executive Safra Catz on Thursday declined comment on whether Oracle had made an offer to buy online customer relationship management rival Salesforce.com Inc.. Bloomberg reported on Wednesday that Salesforce.com had hired advisers after receiving an offer from an unnamed company. Catz took a question on the...
CNBC's Josh Lipton reports on the small pool of potential suitors for Salesforce. The FMHR traders, weigh in.
Microsoft's Satya Nadella has made some bold moves since taking over the software company last year. Buying Salesforce would be the boldest.
Female CEO pay, on average, outstrips pay to all the male CEOs of the 100 largest publicly held companies reports USA Today.
“Mad Money” host Jim Cramer gives his call on reports of CRM’s takeover rumors.
Jim Cramer sees three major forces crushing the stocks that are loved, while causing the daring stocks to be bought. Time for a portfolio rotation?
Salesforce.com is up on reports of takeover interest. Insight, with Jack Mohr, Cramer's Charitable Trust.
SAN FRANCISCO— Investors are betting that business software service company Salesforce.com will be sold, with Oracle Corp. emerging as the early favorite to pull off a deal that could cost about $50 billion. The speculation, spurred by a Bloomberg News report, lifted Salesforce's stock by $7.76, or more than 11 percent, to close Wednesday at $74.65.
Salesforce.com is a takeover target, according to a report from Bloomberg. If true, the list of potential buyers is awfully small.
Shares of Salesforce.com jumped on Wednesday amid a Bloomberg report that it is working with financial advisors to help with a potential takeover offer. Samad Samana, FBR VP research analyst, weighs in.
NEW YORK— A look at New York Stock Exchange 10 most-active stocks at the close of trading:. AT&T Inc. fell. 3 percent to $34.76 with 39,838,600 shares traded. Bank of America Corp. rose 2.1 percent to $15.98 with 122,945,200 shares traded.
Shares of Salesforce.com jumped on Wednesday amid reports that it is working with financial advisors to help with a potential takeover offer.
At the Microsoft Build conference, CEO Satya Nadella will make the case for the company's cloud and mobile platforms to 5,000 developers.
NEW YORK— News that the economy skidded to a near halt in the first three months of the year helped push the stock market lower on Wednesday. Battered by harsh weather, plunging exports and sharp cutbacks in oil and gas drilling, the overall economy grew at a barely discernible annual rate of 0.2 percent in the first quarter, the Commerce Department reported early...
There's a crowding out effect, "said Stanley Sun, interest rate strategist at Nomura Securities International in New York. Large corporate deals competed for investors' dollars, with Amgen and Oracle bringing out multi-part issues worth $3.5 billion and $10 billion, respectively, according to IFR, a Thomson Reuters unit. The Treasury Department sold $35...
*U.S. to sell $35 bln 5- year notes as FOMC sets to meet. NEW YORK, April 28- U.S. "The deals are weighing on the market whether it's rate-locking or just an increase in net supply," said Sean Murphy, a Treasuries trader at Societe Generale in New York.
With all the big tech money flowing through the City by the Bay these days, the Tenderloin might finally see a long-overdue transformation.