European tech investors spot safe havens from Brexit worries

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UBS Remains Bullish on EPAM Systems (EPAM) as Uncertainty Places Pressure on Shares

July 12, 2016 8:01 AM EDT

UBS maintained a Buy rating on EPAM Systems (NYSE: EPAM), and cut the price target to $74.00 (from $80.00), following recent pressure on shares. The stock is down over 13% since the beginning of June, likely weighed down by the UK referendum. The uncertainty caused by the vote could affect customer... More

salesforce.com (CRM) Announces Completion of Demandware Acquisition

July 11, 2016 9:35 AM EDT

Salesforce (NYSE: CRM) announced it has completed its acquisition of Demandware, the global cloud leader in the multi-billion dollar digital commerce market. As the new Salesforce Commerce Cloud, Demandware will be an integral part of the Customer Success Platform, allowing any company to transform the way they connect with customers 1-to-1 across sales, service, marketing, communities, analytics, IoT, platform and now commerce.

Comments on the News:

"Demandware is an amazing companythe global cloud leader in the multi-billion dollar digital commerce market," said Marc Benioff, Chairman and CEO of... More