Daily Stocks News » CRM

Salesforce.com to Acquire ExactTarget in Deal Valued at $2.5 Billion (CRM, ET)

Warren Paige — Tue, 04 Jun 2013 16:00:13 +0000

Salesforce.com Inc. (NYSE: CRM) announced on Tuesday that it has agreed to purchase marketing software maker ExactTarget Inc. (NYSE: ET) in a cash deal valued at $2.5 billion. According to the terms of the deal, Salesforce will pay $33.75 a share, which will represent 53% premium over Monday’s closing stock price. Shares of ExactTarget catapulted [...]

Major Movers on May 24; CRM, ARO, ANF, DF, SHLD, BLOX

Warren Paige — Fri, 24 May 2013 18:36:50 +0000

Shares of Salesforce.com Inc. (NYSE: CRM) slumped about 8% by afternoon trade. The cloud software maker reported fiscal first quarter results late on Thursday. Even though non-GAAP earnings were in-line with estimate and revenue topped expectation, investors were disappointed due to sequential decline in deferred revenue and earnings guidance for the current quarter. Deferred revenue [...]

Major Gainers and Losers on November 21; CRM, STJ, SKX, SCHL

Warren Paige — Wed, 21 Nov 2012 19:54:29 +0000

Shares of Salesforce.com Inc. (NYSE: CRM), a provider of enterprise cloud computing and social enterprise solutions, are soaring in trading today. At last check, CRM shares were trading 8.49% higher at $158.29 on above average volume of 5.32 million. The stock hit an intra-day high of $158.29 in trading today.

CRM shares are soaring [...]

IBM to Acquire Kenexa (IBM, KNXA)

Warren Paige — Tue, 28 Aug 2012 08:23:09 +0000

With an aim to expand its reach in online software application segment, tech giant, International Business Machines Corp. (NYSE: IBM) has announced plans to acquire its smaller rival Kenexa Corp. (NYSE: KNXA) in an all cash deal estimated at $1.3 billion, representing a 42% premium over Friday’s closing price of Kenexa’s stock.

Although Kenexa [...]

Salesforce.com Expands Social-Media Marketing Presence with Acquisition of Buddy Media (CRM)

Warren Paige — Mon, 04 Jun 2012 12:43:53 +0000

Salesforce.com Inc. (NYSE: CRM), provider of enterprise cloud computing and social enterprise solutions, has reached an agreement to acquire Buddy Media for $689 million. The acquisition of Buddy Media further expands CRM’s presence in social media marketing.

Under the terms of the agreement, Salesforce.com will acquire Buddy Media for $467 million in cash, $184 [...]

Salesforce.com Reports Q1 Results (CRM)

Warren Paige — Sat, 19 May 2012 07:46:13 +0000

Salesforce.com Inc. (NYSE: CRM), a San Francisco, California-based company providing enterprise cloud computing and social enterprise solutions, released its first-quarter results. CRM swung to a loss in the first quarter due to higher operating costs and stock-based expenses. However, the company’s sales growth and quarterly billion beat Street estimates, sending shares sharply higher on Friday.

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