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Top related persons:
Robert Galbraith - 1 Morgan Stanley - 1 Brad Sills - 1 Chibuike Oguh - 1 Lance Tupper - 1 Nick Zieminski - 1 Salesforce Inc's - 1 Fiyyaz Pirani - 1
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New York San Francisco , California U.S Evercore Wells Fargo Salesforce San Francisco
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Thomson - 2 REUTERS - 1 Reuters Graphics - 1 Deutsche Bank - 1 Global Research - 1 U.S - 1 Supreme - 1 Slack Technologies - 1

Search resuls for: "Salesforce Inc's"


2 mentions found


☆ Salesforce shares jump as strong cloud demand drives stellar results
  + stars: | 2023-11-30 | by ( Chibuike Oguh | Thomson Reuters | Chibuike Reports On Breaking News | ) www.reuters.com   time to read: +2 min
A Salesforce sign is seen during the company's annual Dreamforce event, in San Francisco, California November 18, 2013. REUTERS/Robert Galbraith/File Photo Acquire Licensing RightsNEW YORK, Nov 30 (Reuters) - Salesforce Inc's (CRM.N) stock jumped by about 10% on Thursday to a nearly two-year high after the U.S. cloud and business software company reported stellar third quarter results underpinned by strong demand for its services. Salesforce's revenue of $8.72 billion and adjusted profit of $2.11 per share beat Wall Street expectations, the company reported after the closing bell on Wednesday. Reuters GraphicsMultiple analysts, including from Morgan Stanley, Evercore, Wells Fargo, and Deutsche Bank, raised their price target for Salesforce's shares following the results. Reporting by Chibuike Oguh in New York; Editing by Lance Tupper and Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.
Persons: Robert Galbraith, Morgan Stanley, Brad Sills, Chibuike Oguh, Lance Tupper, Nick Zieminski Organizations: REUTERS, Reuters Graphics, Deutsche Bank, Global Research, Thomson Locations: San Francisco , California, U.S, Evercore, Wells Fargo, Salesforce, New York
☆ US Supreme Court throws out ruling against Slack over direct listing
  + stars: | 2023-06-01 | by ( Andrew Chung | Industry Insight | How Law Firms Calculate Greenhouse Gas Emissions | ) www.reuters.com   time to read: +3 min
June 1 (Reuters) - The U.S. Supreme Court on Thursday gave Salesforce Inc's (CRM.N) Slack Technologies another chance to avoid a lawsuit over the workplace communications software company's 2019 direct listing. A direct listing is an alternative to a traditional initial public offering. The registration statement was filed with the U.S. Securities and Exchange Commission (SEC). That differs from an IPO, under which newly registered shares are offered to the public while existing shareholders are typically barred from selling their unregistered shares for months. Slack's direct listing released 118 million shares that were registered under its registration statement and 165 million pre-existing shares that were exempt from registration.
Persons: Salesforce Inc's, Fiyyaz Pirani, Pirani, Slack, Neil Gorsuch, Andrew Chung, Will Dunham Organizations: U.S, Supreme, Slack Technologies, San, Circuit, Securities, U.S . Securities, Exchange Commission, SEC, falsities, Thomson Locations: San Francisco, New York
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