154.75 -0.59 (-0.38%)
Pre-market: 8:17AM EDT
|Bid||154.10 x 900|
|Ask||154.75 x 900|
|Day's range||155.07 - 159.05|
|52-week range||113.60 - 166.99|
|Beta (3Y monthly)||1.05|
|PE ratio (TTM)||108.63|
|Earnings date||28 May 2019 - 3 Jun 2019|
|Forward dividend & yield||N/A (N/A)|
|1y target est||181.63|
This time it's MapAnything, which as the name implies, helps companies build location-based workflows, something that could come in handy for sales or service calls. The companies did not reveal the selling price, and Salesforce didn't have anything to add beyond a brief press release announcing the deal. "The addition of MapAnything to Salesforce will help the world's leading brands accurately plan: how many people they need, where to put them, how to make them as productive as possible, how to track what’s being done in real time and what they can learn to improve going forward," Salesforce wrote in the statement announcing the deal.
Investors hoping to remove trade from their near-term worries list may be in for disappointment. For one thing, tariffs may not disappear entirely.
In a deal announced Monday afternoon, Salesforce will acquire an independent entity that was created to sell Salesforce software at a discounted rate to nonprofits, schools and other groups that struggle to pay for high-value software
The San Francisco-based software maker will pay $300 million for Salesforce.org, which is currently a “California public benefit” corporation, the company said Monday in a statement. Salesforce said the combination will boost its fiscal 2020 revenue by $150 million to $200 million, and now sees adjusted profits of $2.54 to $2.56 per share. Salesforce.org, often mistaken for a philanthropic organization, will become a vertical within the software maker, giving its new parent company products for nonprofit and educational institutions.
Salesforce.com Inc. is buying Salesforce.org -- created to distribute Salesforce software at reduced amounts to nonprofits, schools and other organizations -- for $300 million. Salesforce.org will change from a public-benefit corporation to an arm of Salesforce dedicated to the same task, while the purchase price goes to the nonprofit Salesforce.com Foundation. Salesforce said it would continue "to provide free and highly discounted software to nonprofits and education institutions around the world" while making the philanthropic-minded arm of its business an actual software vertical within the company. Salesforce said it would add $150 million to $200 million in revenue to its books this fiscal year, but said the transaction's one-time, $200 million non-cash charge reduced its adjusted-profit forecast by 20 cents a share for the year. "The impact on GAAP EPS is expected to be more significant than for non-GAAP EPS due to the additional stock-based compensation charges and the impact of other various non-cash items, including income tax adjustments," the software company said. Shares declined slightly after the announcement was made; Salesforce executives planned a conference call for 2 p.m. Pacific time.
On the other hand, a smaller number of investors are convinced the market is heading to new highs and are aggressively buying technology stocks. In late 2007, we at the Arora Report said stocks were in trouble. The answer lies in Arora’s Third Law of Investing: Make investing and trading decisions based on probabilities because it’s the only realistic and profitable approach.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. By way of learning-by-doing, w...
TechCrunch Include is partnering with Salesforce Ventures to host this month'sInclude Office Hours on April 30th
In the latest trading session, Salesforce.com (CRM) closed at $160.06, marking a +1.97% move from the previous day.
Anyone who has dealt with bad customer service has felt frustration with thelack of basic understanding of who you are as a customer and what you need
Our call of the day says investors may be losing their nerve over tech stocks at precisely the wrong moment, and stand to miss out on more big gains.
Instinet initiated coverage of Tesla Inc. on Tuesday by describing the electric-car company as the Salesforce.com Inc. of the auto industry, but did not suggest buying the stock.
The Zacks Analyst Blog Highlights: Berkshire Hathaway, AT&T, salesforce, Facebook and Freeport-McMoRan
The San Francisco Giants omitted Salesforce.com Inc.’s mark on the city’s skyline months after forging a partnership with rival company Oracle Corp. On opening day at the ballpark Friday, the Giants offered fans a 2019 calendar with a birds-eye view of San Francisco. There was only one thing missing: Salesforce Tower, the tallest office building west of the Mississippi, which dominates the city’s skyline.
SAP Announces Managerial Changes. We believe that SAP, with its ongoing initiatives, is well poised to capitalize on potential of the market.
Merrill Lynch’s Savita Subramanian tells investors to build up sectors that haven’t attracted as much hedge and mutual fund interest.
Microsoft’s new partnership with Adobe to better integrate its sales and marketing software puts the technology giant in a good spot, Oppenheimer says.