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Sunday 10 May 2015
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Movers to Watch: salesforce.com, (NYSE:CRM), WPX Energy, Inc. (NYSE:WPX), Mylan N.V. (NASDAQ:MYL), Weatherford International plc (NYSE:WFT)

On Wednesday, Shares of salesforce.com, inc. (NYSE:CRM), gained 1.43% to $73.79.

salesforce.com, declared that for the fifth successive year, Salesforce Service Cloud is positioned by Gartner, Inc. in the “Leaders” quadrant of the 2015 CRM Customer Engagement Center report. The evaluation is based on completeness of vision and ability to execute.

According to Gartner: The CRM Customer Engagement Center (CEC) refers to a logical set of business applications and technologies that are engineered to provide customer service and support, regardless of the interaction (or engagement) channel. The aim of the CEC is not only to provide reactive service to customers as they move among communications channels—counting social media and community forums—while retaining the customers’ context, but also to deliver the appropriate business rule to determine the next best action, information or process with which to engage the customers.

The position of the companies in Gartner’s Magic Quadrants are based on rigorous analysis, backed up by highly structured methodologies.

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.

Shares of WPX Energy, Inc. (NYSE:WPX), gained 5.12% to $13.96, during its last trading session.

WPX Energy’s first-quarter 2015 results mark the company’s third successive quarterly profit.

WPX stated unaudited net income of $67 million for first-quarter 2015 vs. $18 million a year ago. Net income from ongoing operations attributable to WPX Energy was $22 million in first-quarter 2015. On an adjusted basis, first-quarter 2015 income from ongoing operations was $19 million despite materially lower commodity prices. A year ago, WPX had adjusted income from ongoing operations of $26 million.

WPX’s operational and financial focus on margins assisted overcome commodity prices that drove product revenues down $220 million, or 42 percent, vs. a year ago. Oil prices were down more than 50 percent.

WPX Energy, Inc., an independent natural gas and oil exploration and production company, engages in the exploitation and development of unconventional properties in the United States.

At the end of Wednesday’s trade, Shares of Mylan N.V. (NASDAQ:MYL), lost -2.52% to $71.05.

Mylan, declared its financial results for the quarter ended March 31, 2015.

Highlights

  • Total revenues of $1.87 billion, up 15% on a constant currency basis as compared to the preceding year period. Foreign currency exchange rates negatively influenced revenues in Q1 by $93 million.
  • Generics segment third party net sales of $1.64 billion, up 15% on a constant currency basis, with positive growth across all regions
  • Specialty segment third party net sales of $211.1 million, up 8%
  • Adjusted gross profit of $990.6 million, up 14%; GAAP gross profit of $830.1 million, up 13%
  • Adjusted gross margin of 53%, up 240 basis points; GAAP gross margin of 44%, up 140 basis points
  • Adjusted diluted earnings per ordinary share (“EPS”) of $0.70, up 6%; GAAP diluted EPS of $0.13, down 55% as a result of acquisition costs from the acquisition of Abbott’s non-U.S. developed markets specialty and branded generics business (“EPD Business”)
  • Adjusted cash offered by operating activities of $336 million, up 17%; GAAP net cash offered by operating activities of $267 million, flat as compared to the preceding year period
  • Adjusted free cash flow of $288 million, up 35%
  • Successfully accomplished the acquisition of the EPD Business.

Mylan N.V., through its auxiliaries, develops, licenses, manufactures, markets, and distributes generic, branded generic, and specialty pharmaceuticals worldwide. The company provides generic or branded generic pharmaceutical products in tablet, capsule, injectable, or transdermal patch forms, in addition to active pharmaceutical ingredients (APIs).

Finally, Weatherford International plc (NYSE:WFT), ended its last trade with 0.56% gain, and closed at $14.49.

Weatherford International, declared the commercial release of its SecureView® wireline cased-hole evaluation suite at the 2015 Offshore Technology Conference (“OTC”). As managing well integrity has become more critical across the industry, the ability to identify and mitigate risks is integral for all operators. The SecureView® suite provides single-trip, high-resolution diagnostics in cased-hole wells and offers operators faster and conclusive data to address potential well threats that may lead to production loss and liabilities.

SecureView® combines four of the latest generation and field-proven diagnostic technologies to inspect, identify and determine root causes of well integrity issues. The suite, which comprises UltraView™, an ultrasonic measurement tool; FluxView®, a magnetic flux leakage tool; CalView®, a high resolution multisensory-caliper tool; and BondView™, a cement-bond tool, provides comprehensive and complementary data without information gaps.

Weatherford International public limited company provides equipment and services used in the drilling, evaluation, completion, production, and intervention of oil and natural gas wells worldwide. The company offers managed-pressure drilling services, counting closed-loop, air, managed pressure, and underbalanced drilling; drilling services, such as directional drilling, logging while drilling, measurement while drilling, and rotary steerable systems; and tubular running services, which comprise of tubular connection and installation services for the drilling, completion, and work over of oil or natural gas wells.

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