Edition:
United States

Salesforce.com Inc (CRM)

CRM on New York Consolidated

79.83USD
30 Aug 2016
Change (% chg)

$-0.09 (-0.11%)
Prev Close
$79.92
Open
$80.00
Day's High
$80.22
Day's Low
$79.35
Volume
3,352,672
Avg. Vol
3,859,576
52-wk High
$84.48
52-wk Low
$52.60

Latest Key Developments (Source: Significant Developments)

Salesforce.com to buy Quip for about $582 mln
Monday, 1 Aug 2016 04:42pm EDT 

Salesforce.Com Inc : Quip will be a wholly owned subsidiary of company . Agreed to assume stock options and other equity awards of quip . Entered into an agreement and plan of reorganization to acquire quip . Deal for approximately $582 million .If deal is consummated, expects to issue between about 6.5 million and 8 million shares of co for all of outstanding shares of quip capital.  Full Article

Sam's Club selects Salesforce to change membership engagement
Thursday, 28 Jul 2016 08:00am EDT 

Salesforce.Com Inc :Sam's club chooses Salesforce to digitally transform its membership engagement.  Full Article

Salesforce.com says Co and unit entered into a credit agreement on July 7- SEC filing
Monday, 11 Jul 2016 05:31pm EDT 

Salesforce.Com Inc : Co and unit entered into a credit agreement on July 7, 2016 . Term loan credit agreement provides for a $500 million term loan facility that matures on July 11, 2019 - sec filing . Term loan provides for uncommitted incremental facility in an aggregate amount not to exceed $250 million .Term loan credit agreement provides for $500 million term loan facility matures on July 11, 2019.  Full Article

Salesforce and Demandware announce early termination of Hart-Scott-Rodino waiting period
Monday, 20 Jun 2016 08:00am EDT 

Demandware Inc :Salesforce and Demandware announce early termination of Hart-Scott-Rodino waiting period.  Full Article

Salesforce.com says intends to fund Demandware deal with cash on hand and up to $500 mln under new term loan
Wednesday, 1 Jun 2016 08:07am EDT 

Salesforce.Com Inc : Entered into a commitment letter pursuant to which, bank of america, n.a. Has committed to provide a $500 million term loan - sec filing . Intends to fund demandware deal with cash on hand and up to $500 million under a new term loan .Proceeds of term loan may be used for payment of offer price contemplated by,, payment of fees in connection with merger agreement.  Full Article

Demandware required to pay Salesforce.com termination fee of $107 mln
Wednesday, 1 Jun 2016 07:27am EDT 

Demandware Inc :Required to pay salesforce.com inc a termination fee of $107 million under certain circumstances - sec filing.  Full Article

Salesforce to buy Demandware in $2.8 bln deal
Wednesday, 1 Jun 2016 07:00am EDT 

Demandware Inc : Salesforce signs definitive agreement to acquire Demandware . Salesforce will acquire Demandware in a transaction worth approximately $2.8 billion (net of cash acquired) . Salesforce will commence a tender offer for all outstanding shares of Demandware for $75.00 per share . Acquisition is expected to increase Salesforce's FY17 total revenue by approximately $100 million to $120 million . Transaction fees related to acquisition are expected to reduce Salesforce's Q2 FY17 diluted non-GAAP EPS by approximately $0.03 . Revenue for Salesforce's fiscal Q2 2017 is projected to be in range of $2.005 billion to $2.025 billion . Revenue for Salesforce's full fiscal year 2017 is projected to be in range of $8.26 billion to $8.32 billion . Q2 FY17 diluted non-GAAP EPS for Salesforce is expected to be in range of $0.21 to $0.22 . Full-year operating cash flow growth for Salesforce is now expected to be in range of 22 percent to 23 percent year-over-year . FY17 diluted non-GAAP EPS is expected to be in range of $0.93 to $0.95 for Salesforce . Average analyst estimate for Salesforce's Q2 earnings per share is $0.25, revenue is $2.01 billion -- Thomson Reuters I/B/E/S .Average analyst estimate for Salesforce's FY2017 earnings per share is $1.02, revenue is $8.20 billion -- Thomson Reuters I/B/E/S.  Full Article

Salesforce announces Q1 GAAP EPS $0.06
Wednesday, 18 May 2016 04:18pm EDT 

Salesforce.Com Inc : Salesforce announces fiscal 2017 first quarter results . Over-Year . Initiates Q2 revenue guidance of $2.005 billion to $2.015 billion . Says Q1 Unbilled Deferred Revenue Of Approximately $7.6 Bln, Up 27 pct Year Over-Year, 32 pct in constant currency . Salesforce announces fiscal 2017 first quarter results . Sees Q2 2017 non-gaap earnings per share $0.24 to $0.25 . Sees FY 2017 non-gaap earnings per share $1.00 to $1.02 . Sees Q2 2017 gaap earnings per share $0.03 to $0.04 . Sees FY 2017 gaap earnings per share $0.20 to $0.22 . Q1 non-GAAP earnings per share $0.24 . Q1 GAAP earnings per share $0.06 . Sees q2 2017 revenue about $2.005 billion to $2.015 billion . Q1 revenue $1.92 billion versus I/B/E/S view $1.89 billion . Sees FY 2017 revenue $8.16 billion to $8.2 billion .Q1 earnings per share view $0.23 -- Thomson Reuters I/B/E/S.  Full Article

Salesforce.com Inc announces new renewable energy agreement
Thursday, 14 Jan 2016 09:00am EST 

Salesforce.com Inc:Announces new renewable energy agreement.Says it is doubling down on its renewable energy commitments by signing a second energy agreement, this time for 24 megawatts of a new wind farm in Texas.Says the Texas and the West Virginia wind farms are scheduled to be operational in December 2016.  Full Article

Salesforce.com Inc announces renewable energy agreement
Monday, 21 Dec 2015 06:00am EST 

Salesforce.com Inc:salesforce announces renewable energy agreement.Says wind farm is expected to be operational by December 2016.  Full Article

BRIEF-Salesforce.com to buy Quip for about $582 mln

* Agreed to assume stock options and other equity awards of quip