crm posts
FeedPosted Aug 20th 2010 4:00PM by Jon Ogg (RSS feed)
Filed under: Yahoo! (YHOO), Research in Motion (RIMM), Potash Corp. of Saskatchewan (POT)

Today was one of those Fridays that felt bad most of the trading day. It was an options expiration date today, and there was no domestic economic news to drive the markets. PC earnings failed to ignite interest and sellers had most of a quiet Friday in August to themselves.
Here were today's unofficial closing bell levels:
DJIA
S&P500
NASDAQ
Top Analyst Calls
Major Stocks on 52-Week LowsContinue reading Closing Bell: A Hard Friday in August (POT, FOSL, YHOO, RIMM, COCO, RMBS, ABK, MRVL, CRM)
Posted Aug 20th 2010 12:30PM by Tom Taulli (RSS feed)
Filed under: Earnings Reports, Forecasts, salesforce.com inc (CRM)
In the fast-growing cloud computing space, Salesforce.com (CRM) is the franchise company. However, this means that the valuation is at premium levels. For example, the stock trades at nine times revenues and 174 times earnings. In other words, this stock is now for those who think the growth ramp will continue. And yes, based on the most recent quarterly report, it does look like good times will not end for awhile.
Profits came to $14.7 million, or $0.11 per share. But excluding certain stock-based charges, the adjusted earnings were $0.29 per share. As for revenues, these climbed 25% to $394.4 million.
Continue reading Salesforce.com Boosts Outlook After Strong Q2
Posted Aug 12th 2010 1:00PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Google (GOOG), Apple Inc (AAPL), Cisco Systems (CSCO), Dell (DELL), eBay (EBAY), Kellogg Co (K), Analyst Initiations, salesforce.com inc (CRM), Blackstone Group L.P (BX)
Analyst upgrades:
- Bernstein upgraded Hospira (HSP) to Outperform from market Perform based on valuation, expectations that the company will be able to fix manufacturing issues quickly, and views Propolfol and biosimilars as underappreciated. The firm has a $63 price target on the stock.
- Citigroup upgraded eBay (EBAY) to Buy from Hold citing valuation and improvements to Marketplace. The firm keeps a $28 price target for shares.
- Deutsche Bank upgraded Coca-Cola Femsa (KOF) to Hold from Sell citing lessening acquisition risk and raised its target for shares to $66 from $61.
- Blackstone (BX) and Simon Property (SPG) were upgraded to Conviction Buy from Buy at Goldman.
- BreitBurn Energy (BBEP) was upgraded to Outperform from Market Perform at Wells Fargo.
- SL Green Realty (SLG) was upgraded to Buy from Neutral at BofA/Merrill.
Continue reading Analyst Calls: HSP, EBAY, BX, CSCO
Posted Aug 9th 2010 12:20PM by Tom Taulli (RSS feed)
Filed under: Earnings Reports, Technology
No doubt, the dominant player in cloud-computing is Salesforce.com (CRM). And investors have certainly benefited nicely. But what are some other plays in the sector? If cloud-computing is a growing industry, other operators should benefit as well, right?
Definitely. And it looks like one is NetSuite (N), which develops an enterprise resource planning platform (this manages payroll, inventory, HR and so on). In fact, it is the only type of its kind that has massive scale. And, as seen by its latest earnings report, NetSuite is certainly gaining momentum.
Continue reading NetSuite Q2 Earnings Sweet for Investors
Posted Jun 10th 2010 11:30AM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, AutoZone Inc (AZO), Kellogg Co (K), Family Dollar Stores (FDO), General Mills (GIS), Oracle Corp (ORCL), Analyst Initiations
Analyst Upgrades
- Baird upgraded C.H. Robinson (CHRW) to outperform from neutral and has a $67 target on the stock. The firm upgraded shares citing growth opportunities given the capacity constrained environment.
- UBS upgraded Navistar (NAV) to buy from neutral, citing improved trucker preferences towards the company's engine technology.
- KeyBanc upgraded Crane (CR) to buy from hold based on valuation stabilization and potential upside in aerospace, among other reasons. The firm has a $39 target on the stock.
- United Therapeutics (UTHR) was upgraded to overweight from neutral at JPMorgan.
- Equifax (EFX) was upgraded to overweight from equal weight at Stephens.
- Brown & Brown (BRO) was upgraded to buy from hold at Citigroup.
Continue reading Analyst Calls: ANDS, AZO, CHRW, CR, CRM, FDO, GIS, K, NAV, ORCL ...
Posted May 22nd 2010 12:40PM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Dell (DELL), Hewlett-Packard (HPQ), Wal-Mart (WMT), General Motors (GM), Home Depot (HD), Target Corp. (TGT), Applied Materials (AMAT), Sears Holdings (SHLD), Gap Inc (GPS), Lowe's Cos (LOW), Staples Inc (SPLS), Hormel Foods (HRL), Abercrombie and Fitch (ANF), Limited Brands (LTD), Deere and Co (DE), Nordstrom, Inc (JWN), Polo Ralph Lauren'A' (RL), salesforce.com inc (CRM), GameStop Corp (GME)
Below are some highlights from this past week's earnings coverage on BloggingStocks. Click through to the original posts for more details.
- Abercrombie & Fitch Co. (ANF) shares sold off after it posted a narrower Q1 net loss, but same-store sales rose.
- Applied Materials Inc. (AMAT) swung from a year-ago loss to a Q2 profit that was better than expected.
- Deere & Co. (DE) reported better-than-expected Q2 earnings and improved sales, and raised its full-year outlook.
- Dell Inc. (DELL) posted better-than-expected Q1 earnings, but the gross margin was disappointing, and shares fell.
- GameStop Corp. (GME) higher Q1 earnings beat consensus estimates but same-store sales declined.
- Gap Inc. (GPS) said its higher Q1 earnings beat expectations while revenue fell in line with estimates.
Continue reading Earnings Highlights: Dell, Gap, GM, Home Depot, HP, Sears, Target, Walmart ...
Posted May 21st 2010 1:20PM by Brent Archer (RSS feed)
Filed under: Major Movement, Earnings Reports, Good news, Options, Technical Analysis, salesforce.com inc (CRM)

Salesforce.com (
CRM -
option chain) shares are rising today after the company reported Q1 earnings yesterday after the close of trading, posting a
profit of $17.7 million, or 13 cents per share. Excluding items, CRM earned 30 cents per share on revenue of $376.8 million, while analysts forecast a profit of 30 cents per share on revenue of $367.8 million. If you think that the stock won't fall by too much in the coming months, then now could be a good time to look at a bullish hedged trade on CRM.
CRM opened this morning at $73.94. So far today the stock has hit a low of $73.91 and a high of $84.07. As of 12:20, CRM is trading at $83.17 up $4.14 (5.2%). The chart for CRM looks bearish and
S&P gives CRM a negative 2 STARS (out of 5) sell ranking.
Continue reading Salesforce.com Q1 Revenues Beat Estimates
Posted Apr 15th 2010 3:00PM by Tom Taulli (RSS feed)
Filed under: salesforce.com inc (CRM), Technology

Cloud computing is red-hot in the tech world. And yes, it has been a money-maker for investors, especially shareholders in Salesforce.com (
CRM).
No doubt, there are other strong players in the market. But it can be easy to get overlooked.
An example is NetSuite (
N). The company is a pioneer in cloud computing, getting its start in 1998. Since then, NetSuite has built a comprehensive offering of business applications for things like inventory, HR, e-commerce, accounting and so on.
Continue reading Overlooked NetSuite Scores Another Big Deal
Posted Apr 14th 2010 12:00PM by Eric Buscemi (RSS feed)
Filed under: Analyst Reports, Analyst Upgrades and Downgrades, Bed Bath and Beyond (BBBY), Goldman Sachs Group (GS), Analyst Initiations, Time Warner Cable (TWC)
Analyst Upgrades
- Morgan Joseph upgraded Cree (CREE) to buy from hold ahead of Tuesday's Q3 report. The firm, which has a $100 price target on the stock, expects LED demand to drive revenue growth as both China and the U.S. are increasingly strong.
- Janney Montgomery upgraded Salesforce.com (CRM) to buy from neutral on expectations the company will benefit from the migration of software to SaaS deployments. The firm upped its target price for shares to $94 from $67.
- Barrington upgraded Henry Schein (HSIC) to outperform from market perform, citing an attractive valuation, increased confidence in the outcome of the Butler-Schein Animal Health integration and improving momentum in dental equipment. The firm has a $74 price target for shares.
- Advance Auto Parts (AAP) was upgraded to buy from hold at BB&T.
- Red Hat (RHT) was upgraded to outperform from perform at Oppenheimer.
- UBS (UBS) was upgraded to overweight from neutral at HSBC.
Continue reading Analyst Calls: BBBY, CREE, CRM, DNDN, FSLR, GS, MOS, TWC, TYG, UBS ...
Posted Mar 9th 2010 4:30PM by Joseph Lazzaro (RSS feed)
Filed under: salesforce.com inc (CRM), Stocks to Buy

Customer relationship software giant Salesforce.com (
CRM), which I first wrote about
on June 18, 2009 at a price of $40.16, should register impressive growth in 2010 and 2011, hence the stock remains attractive, despite being a little pricey.
This year, Salesforce.com is going to face difficult quarterly sales comparisons, commonly known in Wall Street circles as 'difficult comps,' but that's a good thing: it beats the alternative. Further, look for revenue to rise 20-25% in 2010, followed by a 15-20% gain in 2011.
Continue reading Salesforce.com: A Growth Story
Posted Feb 27th 2010 9:40AM by Trey Thoelcke (RSS feed)
Filed under: Earnings Reports, Dell (DELL), H and R Block (HRB), Sears Holdings (SHLD), Gap Inc (GPS), Amer Intl Group (AIG), Kohl's Corp (KSS), Palm Inc (PALM), RadioShack Corp (RSH), Limited Brands (LTD), salesforce.com inc (CRM)
Here are some highlights from this past week's earnings coverage on BloggingStocks:
- American International Group Inc. (AIG) posted a big loss and warned it may require additional assistance.
- Athenahealth (ATHN) shares sank after it delayed earnings and its annual report, and warned of restatements.
- Barnes & Noble Inc. (BKS) Q3 sales jumped on popularity of the Nook reader but same-store sales declined.
- Brocade Communications Systems Inc. (BRCD) disappointing report and guidance caused a sell-off in shares.
- Dell Inc. (DELL) acquisitions and better-than-expected earnings may not be enough to stop shrinking market share.
- Gap Inc. (GPS) rose after it beat earnings estimates, raised its dividend and announced stock buybacks.
Continue reading Earnings Highlights: AIG, Dell, Gap, Heinz, Macy's, RadioShack, Sears ...
Posted Feb 5th 2010 12:20PM by Tom Taulli (RSS feed)
Filed under: Earnings Reports
The enterprise resource planning (ERP) software industry is mostly dominated by major players, such as Microsoft (MSFT) and SAP (SAP). However, because of the expense and complexity of the offerings, the recession has been tough. It's easy for companies to put off spending on ERP.
But there is one player in the space that continues to grow: NetSuite (N). In the latest quarter, the company posted revenues of $42.96 million, up from $41.40 million in the same period a year ago.
Continue reading NetSuite Continues to Grind Away
Posted Jan 18th 2010 12:30PM by Tom Taulli (RSS feed)
Filed under: Google (GOOG), Cisco Systems (CSCO), Amazon.com (AMZN), Private Equity, salesforce.com inc (CRM), Initial Public Offerings
A new book, The Prince of Silicon Valley
, chronicles the dealmaking of the IPO king of the 1990s: Frank Quattrone. He made a fortune as he helped more than 100 tech companies go public, which included marquee names like Cisco (CSCO), Netscape and Amazon.com (AMZN).
But those days seem quaint. In fact, the tech IPO market has been a backwater for the past decade, even though there have been some big deals -- like the offerings of Google (GOOG) and Salesforce.com (CRM).
Continue reading Are Tech IPOs Passe?
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