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Salesforce.Com Inc (CRM.N)

CRM.N on New York Stock Exchange

25 Apr 2017
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$0.58 (+0.69%)
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Latest Key Developments (Source: Significant Developments)

Quintiles IMS Holdings Inc announces an alliance with Salesforce
Monday, 24 Apr 2017 08:00am EDT 

April 24 (Reuters) - Salesforce.Com Inc :Quintiles IMS Holdings Inc - announced an alliance with Salesforce.Quintiles IMS Holdings Inc - while terms of agreement have not been disclosed, it is a multi-year venture that will operate on a global scale.Quintiles IMS Holdings Inc - as part of alliance, Quintiles IMS is building new solutions on Salesforce platform.  Full Article

Ralph Lauren to cut jobs, close flagship Polo store in NY
Tuesday, 4 Apr 2017 08:03am EDT 

Ralph Lauren Corp : Ralph Lauren-on March 30, board approved additional restructuring-related activities associated with its previously announced way forward plan . Ralph Lauren - additional restructuring-related activities will result in a reduction in workforce, closure of certain corporate office and store locations . Ralph Lauren Corp - restructuring includes closure of its polo store at 711 fifth avenue in new york city . Ralph Lauren - actions, which will result in approximately $140 million in annualized expense savings . Ralph Lauren-restructuring of current digital operations, shift to a new e-commerce platform through new agreement with salesforce's commerce cloud . Ralph Lauren Corp - in connection with additional restructuring-related activities, expects to incur total estimated charges of approximately $370 million . Ralph Lauren Corp - $140 million savings are in addition to $180 million-$220 million of annualized expense savings announced at company's June 7, 2016 investor day . Ralph Lauren-estimated charges from additional restructuring incremental to estimated range previously announced related to company's way forward plan .Ralph Lauren - will also explore new retail concepts, including leveraging Ralph's coffee, and developing new store formats.  Full Article

IBM and Salesforce announce global strategic partnership
Monday, 6 Mar 2017 04:15pm EST 

International Machines Business Corp : IBM and Salesforce announce global strategic partnership .IBM - partnership will bring new insights from Watson directly into the Salesforce intelligent customer success platform.  Full Article

Salesforce reports Q4 GAAP loss per share of $0.07
Tuesday, 28 Feb 2017 05:52pm EST 

Salesforce.Com Inc : Unbilled deferred revenue at quarter-end of about $9.0 billion, up 27% year-over-year . Deferred revenue on balance sheet as of Jan. 31 of $5.54 billion,up 29% year-over-year,29% in constant currency . Reports Q4 revenue up 27 percent . Sees FY 2018 revenue $10.15 billion to $10.2 billion . For fiscal 2018, expect to deliver more than $10 billion in revenue . Says Q4 subscription and support revenues were $2.11 billion, an increase of 25% year-over-year . Says Q4 professional services and other revenues were $183 million, an increase of 45% year-over-year . Says raising its full fiscal year 2018 revenue guidance previously provided on November 17, 2016 . FY 2018 GAAP earnings per share is projected to be $0.05 to $0.07, while non-GAAP earnings per share is projected to be $1.27 to $1.29 . FY 2018 operating cash flow growth is projected to be 20% to 21% year-over-year . Salesforce announces fiscal 2017 fourth quarter and full year results . Q4 non-GAAP earnings per share $0.28 . Q4 GAAP loss per share $0.07 . Q4 revenue $2.3 billion versus I/B/E/S view $2.28 billion . Q4 earnings per share view $0.25 -- Thomson Reuters I/B/E/S . Says Q4 GAAP loss per share was $0.07 .Q4 earnings per share view $0.25, revenue view $2.28 billion -- Thomson Reuters I/B/E/S.  Full Article

Amazon Web Services and Salesforce extend global strategic alliance
Friday, 2 Dec 2016 08:08am EST 

Salesforce.com Inc : Amazon Web Services and Salesforce extend global strategic alliance . Canada will be the first new AWS region supported in Salesforce's planned international infrastructure expansion on AWS . customers to be able to use core service delivered on AWS cloud infrastructure in Canada, with general availability expected in mid-2017 .cos to deliver integrations connecting co's platform with Amazon AppStream 2.0, AWS IoT, Amazon Redshift, Alexa and Amazon Virtual Private Cloud.  Full Article

Salesforce says won customers including Citigroup, PNC Bank in Q3
Thursday, 17 Nov 2016 06:53pm EST 

Salesforce.Com Inc : Salesforce.com Inc COO Keith Block - expanded Amazon relationship in Q3 - conf call . Salesforce.com Inc COO Keith Block - other commerce wins in the quarter included GNC Holdings - conf call . Salesforce.com Inc says other enterprise wins in the quarter included PNC Bank, KONE, Shiseido and Telecom Argentina - conf call . Salesforce.com Inc - "closed a record number of seven figure plus deals in q3, value of those transactions grew significantly" - conf call . Salesforce.com Inc says also won citigroup as customer in Q3 - conf call Further company coverage: [CRM.N] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Salesforce confirms FT report that Salesforce walks away from Twitter bid
Friday, 14 Oct 2016 02:11pm EDT 

Salesforce.Com Inc : Confirms The Financial Times report that said Salesforce walked away from Twitter bid -spokesperson Further company coverage: [CRM.N][TWTR.N] ((bangalore.newsroom@thomsonreuters.com;)).  Full Article

There are still other potential bidders beyond Salesforce taking a look at Twitter - CNBC, citing sources
Thursday, 6 Oct 2016 08:30am EDT 

: There are still other potential bidders beyond Salesforce taking a look at Twitter- CNBC, citing sources ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Salesforce.com to acquire Krux
Monday, 3 Oct 2016 04:35pm EDT 

Salesforce.Com Inc : Company entered into an agreement and plan of reorganization ( "merger agreement") to acquire krux . Shares to be issued to be determined based on volume-weighted average closing price of stock during 10 trading days ending on 2nd trading day before closing . Company expects to pay approximately $340 million in cash and to issue shares of company common stock . Company has agreed to assume stock options and other equity awards of krux .If deal is consummated, expects to issue at closing between about 3.4 million and about six million shares of co - sec filing.  Full Article

Salesforce.com has raised concerns with europe's antitrust authorities about Microsoft-Linkedin deal - NYT, citing sources
Thursday, 29 Sep 2016 01:49pm EDT 

:Salesforce.com has raised concerns with Europe's antitrust authorities about Microsoft-Linkedin deal - NYT, citing sources.  Full Article

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Microsoft's Nadella banks on LinkedIn data to challenge Salesforce

SAN FRANCISCO Microsoft Corp is rolling out upgrades to its sales software that integrates data from LinkedIn, an initiative that Microsoft CEO Satya Nadella told Reuters was central to the company's long-term strategy for building specialized business software.