Orlando, FL -- (SBWIRE) -- 09/26/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On salesforce.com, inc. (NYSE:CRM), TiVo Inc.(NASDAQ:TIVO).
salesforce.com, inc. (NYSE:CRM) stock climbed 0.63% to $52.47. Salesforce.com and Workday (NYSE: WDAY), on Sept. 18 announced plans to integrate the entire Salesforce and Workday product lines to enable their customers' mutual success. Salesforce.com plans to standardize on Workday's applications, and Workday plans to standardize on salesforce.com's applications and platform.
Additionally, CRM’s EVP Maria Martinez sold 20,000 shares of salesforce.com inc. stock in a transaction dated September 20. The shares were sold at an average price of $52.97, for a total value of $1,059,400.00. Following the completion of the sale, the executive vice president now directly owns 5,248 shares of the company’s stock, valued at approximately $277,987. The transaction was disclosed in a legal filing with the Securities & Exchange Commission
Moreover, analysts at Raymond James reiterated a “buy” rating on shares of salesforce.com inc. (NYSE:CRM) in a research note to investors on Sept. 13. They now have a $55.00 price target on the stock.
Are investors worried about the recent updates with CRM? Find out with a free trend analysis HERE
TiVo Inc.(NASDAQ:TIVO) shares increased 1.25% to $12.59. The company on Sept. 13 announced that as operators increasingly embrace nPVR, IP video and multi-screen services, TiVo is enabling a broad range of client types to leverage its cloud services and realize its vision of delivering any content on any screen.
Additionally, the company on Sept. 11 announced that it would debut a prototype of its next generation cloud television offering, which includes new TiVo features delivered with a Network PVR, during the International Broadcasting Conference 2013 (IBC) in Amsterdam.
Moreover, the company on Sept. 13 announced the appointment of Daniel M. Moloney to the TiVo Board of Directors. Mr. Moloney's selection to TiVo's Board increases the membership to eight, including seven independent, outside directors. His appointment was effective September 11, 2013.
Is TIVO going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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