During Thursday’s Current trade, Shares of salesforce.com, inc.(NYSE:CRM), lost -1.68% to $70.78.
Salesforce (CRM), the Customer Success Platform and world’s #1 CRM company, declared Salesforce IoT Cloud. Powered by Thunder, a massively scalable, real-time event processing engine, IoT Cloud connects billions of events with Salesforce, unlocking insights from the connected world that empower anyone to take the right action, for the right customer, at the right time.
Connected World, Disconnected Data
The combination of mobile, social, sensor, wearable and cloud technologies has triggered a deluge of data. More than 90 percent of the world’s data has been generated over the last two years.1 And, with the number of connected devices projected to reach 75 billion by 2020,2 the volume of data accessible is predictable to grow exponentially.
This world of connected devices and digital content presents an enormous opportunity for companies to take advantage of the new data. In a June 2015 report, the McKinsey Global Institute estimates that IoT applications may have a potential economic impact of as much as $11.1 trillion per year by 2025.3 However, businesses have been unable to capitalize on the vast volume of data from the Internet of Things.
salesforce.com, inc. provides enterprise cloud computing solutions, with a focus on customer relationship administration to various businesses and industries worldwide. The company offers enterprise cloud computing apps and platform services, counting Sales Cloud for sales force automation, which enables companies to store data, access accurate customer and prospect information, track leads and progress, forecast opportunities, and collaborate around any sale on desktop and mobile devices; Service Cloud that enables companies to connect address customers service and support needs; and Marketing Cloud, which enables companies to map customer journeys to digital marketing interactions through email, mobile, social, Web, and connected products.
Shares of Solera Holdings Inc(NYSE:SLH), declined -0.41% to $55.24, during its current trading session.
Solera Holdings, Inc. (SLH) declared that it has reached a definitive merger agreement (the “Merger Agreement”) following which an associate of Vista Equity Partners (“Vista”) will acquire Solera in a transaction valued at about $6.5 billion (the “Merger”), counting the existing net debt of Solera. Other key investors comprise an associate of Koch Equity Development LLC (“Koch Equity Development”), the investment and acquisition partner of Koch Industries, Inc., and an associate of Goldman, Sachs & Co.
Following the Merger Agreement, Vista will acquire 100% of the outstanding shares of Solera common stock for $55.85 per share in cash in the Merger. The purchase price represents an unaffected premium of 53% over Solera’s closing share price of $36.39 on August 3, 2015.
The closing of the Merger is conditioned upon customary closing conditions, counting the approval of Solera stockholders and required regulatory approvals. The Merger is predictable to close no later than the first calendar quarter of 2016.
Solera’s board of directors, following the receipt of the unanimous recommendation of a special committee of independent directors of the Solera board (the “Special Committee”), unanimously approved the Merger Agreement and the Merger, and recommended that Solera stockholders vote their shares in favor of the Merger.
Solera Holdings, Inc. provides risk and asset administration software and services to the automotive and property marketplace. The company offers estimating and workflow software that manages the overall claims process, estimates the cost to repair a damaged vehicle, and calculates the pre-collision fair market value of a vehicle; and salvage, salvage disposition, and recycling software that connects buyers and sellers through an electronic auction network.
Flowserve Corp (NYSE:FLS), during its Thursday’s current trading session decreased -2.60% to $39.76.
Flowserve Corporation, (FLS), a leading provider of flow control products and services for the global infrastructure markets, declared that its Board of Directors has authorized a quarterly cash dividend of $0.18 per share on the company`s outstanding shares of common stock. The dividend is payable on October 9, 2015, to shareholders of record as of the close of business on September 25, 2015. While Flowserve presently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends, at this $0.18 per share rate or otherwise, will be reviewed individually and declared by the Board at its discretion, dependent on the Board`s assessment of the company`s financial condition and business outlook at the applicable time.
Flowserve Corporation designs, manufactures, distributes, and services industrial flow administration equipment worldwide. The company operates through three segments: Engineered Product Division (EPD), Industrial Product Division (IPD), and Flow Control Division (FCD). The EPD segment offers custom and other engineered pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, and related equipment and services, in addition to manufactures gas-lubricated mechanical seals used in high-speed compressors.
Finally, News Corp (NASDAQ:NWSA), decreased -0.39%, to $12.70.
News America Marketing, a partner of News Corp (NWSA), News America Marketing (NAM), the premier publisher of coupons in the U.S. and Canada, producing billions of coupons annually, declared that printing coupons from their popular savings website SmartSource.com is now simpler and easier than ever thanks to new coupon printing technology. The patented print solution allows consumers to print coupons without the burdensome requirement of downloading coupon printing software, making the process more streamlined while incorporating the controls needed to maintain coupon integrity and security.
After listening to consumer feedback and acknowledging the need for a new print-at-home solution, News America Marketing worked for over two years to formulate the ideal solution. The groundbreaking result is a patented solution that benefits both manufacturing and consumer constituencies by giving manufacturing clients the print security they need without requiring coupon printing software. The solution was soft-launched last month, and has seen print success improve by rates approaching 100% over the previous solution.
News Corporation, a media and information services company, focuses on creating and distributing content to consumers and businesses worldwide. The company distributes content and data products, such as The Wall Street Journal, Factiva, Dow Jones Risk & Compliance, Dow Jones Newswires, Barron’s, MarketWatch, Dow Jones Private Markets, and DJX through various media channels, counting newspapers, newswires, Websites, newsletters, magazines, proprietary databases, conferences, and video, in addition to applications for mobile devices, tablets, and electronic readers.
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