salesforce.com (CRM) Says 'No Comment' on Twitter (TWTR) Rumors
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Cowen Reiterates Outperform on Adobe Systems (ADBE) Following Announcement Consolidation with MSFT
September 27, 2016 11:12 AM EDTCowen reiterated an Outperform rating and $120.00 price target on Adobe Systems (NASDAQ: ADBE) following the company's announcement that it is consolidating its cloud platforms onto Azure and that MSFT will now be co-selling Marketing Cloud. Cowen believes that this partnership makes sense as... More
Twitter (TWTR) Risk Skewed to the Downside Amid Rumor-Fueled Surge - SunTrust's Peck
September 26, 2016 5:32 PM EDTSunTrust Robinson Humphrey analyst Robert Peck weighed in on Twitter, Inc. (NYSE: TWTR) amid various reports the company has received takeover interest from several parties and may explore a sale. The analyst says with the recent rally he sees unequal risk/reward skewed to the downside. The firm... More
salesforce.com (CRM) Takeover of Twitter (TWTR) 'Extremely Risky' - Evercore ISI
September 23, 2016 3:45 PM EDTEverecore ISI is out cautious on salesforce.com (NYSE: CRM) amid today's rumor it is interested in buying Twitter (NYSE: TWTR). Analyst Kirk Materne said this is a 'bridge too far' for the company and the company... More
Rumored Forever, Twitter (TWTR) May Have Finally Put the 'For Sale' Sign Up
September 23, 2016 1:31 PM EDTIf you're not living under a rock, you've heard the news that Twitter's (NYSE: TWTR) board may have finally gotten the memo that it can't go it alone and it's time to sell itself. Shares of the social media provider are up 18.4% today following the news break from CNBC's David Faber this morning. Faber said suitors are believed to... More
Twitter (TWTR) Looking for at least $30B in Sale - Re/Code (~$43/Share)
September 23, 2016 12:38 PM EDTTwitter (NYSE: TWTR) looking for at least $30 billion in sale, Re/Code reports. This would equate to about $43/share.
... MoreTwitter (TWTR) said working with Goldman Sachs (GS) to explore options - FT
September 23, 2016 12:31 PM EDTTwitter (NYSE: TWTR) said working with Goldman Sachs (NYSE: GS) to explore options, according to the Financial Times
... Moresalesforce.com (CRM) Under Heavy Pressure on Reports It May Bid for Twitter
September 23, 2016 9:51 AM EDTsalesforce.com (NYSE: CRM) is down sharply on heavy volume on chatter it may be involved in the Twitter (NYSE: TWTR) bidding. The stock is down 4.3% on volume that is running 5x the norm.
... Moresalesforce.com (CRM) Exec Lauds Twitter (TWTR) Amid Rumors
September 23, 2016 9:51 AM EDTsalesforce.com (NYSE: CRM) Chief Digital Evangelist Vala Afshar lauded Twitter (NYSE: TWTR) today amid chatter of a potential takeover offer. The executive noted the following positive about Twitter:
personal learning networkthe best realtime, context rich... MoreNotable Mergers and Acquisitions 9/23: (TWTR) (BIP)/(PBR) (CVBF) (EFUT) (CBOE)
September 23, 2016 9:45 AM EDT*** Twitter (NYSE: TWTR) said moving closer to sale, according to CNBC. Suitors may include salesforce.com (NYSE: CRM) and Google.
CNBC's David Faber believes a deal isn't imminent, but could happen by the end of the year.
*** Brookfield Infrastructure (NYSE: BIP) and institutional clients of Brookfield Asset Management (NYSE: BAM), including CIC Capital Corporation, GIC Private Limited and others (the "Consortium"), announced that they have reached agreement to... More
Twitter initiates talks with tech companies over sale: source
September 23, 2016 9:17 AM EDTBy Greg Roumeliotis and Liana B. Baker
(Reuters) - Twitter Inc (NYSE: TWTR) has initiated talks with several technology companies to explore selling itself, a person familiar with the matter said on Friday, signaling the start of what is likely to be a slow-rolling auction of the high-profile but money-losing social media company.
A sale of Twitter has been the subject of on-again, off-again rumors for many months as the company grapples with stagnant user growth, soft advertising sales and losses running at hundreds of millions of dollars a year.
The... More
Twitter (TWTR) Moves Closer to a Sale - CNBC
September 23, 2016 9:02 AM EDT(Updated - September 23, 2016 9:05 AM EDT)
Twitter (NASDAQ: TWTR) is moving closer to sale, and has received expressions of interest, CNBC's David Faber reports. However, he said no sale is imminent.
Twitter suitors are believed to include Salesforce (NYSE:... More
Twitter (TWTR) said moving closer to sale - CNBC
September 23, 2016 9:02 AM EDTTwitter (NYSE: TWTR) said moving closer to sale, according to CNBC. Suitors may include salesforce.com (NYSE: CRM) and Google.
CNBC's David Faber said a deal isn't imminent, but could happen by the end... More
