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Salesforce Drops 7%: A Twitter Bid Not Consistent with Their Strategy, Says BTIG

Shares of cloud computing software giant (CRM) are down $5.12, or 7%, at $67.50, following a report yesterday by The Wall Street Journal’s Monica Langley suggesting the company is planning to bid for Twitter (TWTR), citing multiple unnamed sources. Twitter, writes Langley, is “expected to field bids this week,” and Salesforce CEO Marc Benioff "has been building a case to Salesforce.
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Related Posts Down 5%: FYQ3 Beats; Q4, ’16 Views Miss

Business & Finance / Investing : Tech Trader Daily

Shares of cloud computing software pioneers (CRM) are down $2.32, or almost 4%, at $58.70, in late trading, after the company this afternoon reported fiscal Q3 revenue and earnings per share that narrowly topped analy...

Salesforce Slips, MSFT Rises on Deal: Nice, But No Direct Impact, Says Street

Business & Finance / Investing : Tech Trader Daily

Shares of (CRM) today closed down $1.77, or 3.3%, at $52.63, after the company yesterday afternoon said it inked a broad alliance with Microsof (MSFT) for their two product lines of cloud computing and mobile software...

Salesforce is getting killed after reports of CEO Marc Benioff being serious about buying Twitter (CRM, TWTR)

Business & Finance : Business Insider: Clusterstock

Salesforce CEO Marc Benioff sounds like he's serious about buying Twitter. But Wall Street doesn't seem to like the idea. Salesforce's stock is getting killed Wednesday morning, dropping over 7%, following the WSJ report that said B...

Leaked email shows Salesforce once had Adobe on its target acquisition list (CRM, ADBE)

Business & Finance : Business Insider: Money Game

A leaked Colin Powell email from May shows Salesforce had 14 public companies on its target acquisition target list, including Adobe, which now has a bigger market cap than Salesforce itself, according to The Wall Street Journal's R...

Salesforce: Rosenblatt Starts at Buy; Simply a Better Way to Offer Software

Business & Finance / Investing : Tech Trader Daily

Shares of cloud computing pioneer (CRM) are down 8 cents at $72.75, despite an upbeat note this morning from Rosenblatt Securities’s Marshall Senk, who started coverage of the company with a Buy recommendation, and a ...


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