Stocks in the News: salesforce.com, inc. (NYSE:CRM), Chevron Corporation (NYSE:CVX)

On Monday, Shares of salesforce.com, inc. (NYSE:CRM), subtract -2.08% and shut at $76.15 inside the end purchasing and offering session. The last exchanging scope of the stock ranges amongst $75.80 and $78.31. The business’ commercial center capitalization is $53.95 Billion with the aggregate fabulous loads of 685.00 million. Salesforce (CRM), the Customer Success Platform and world’s #1 CRM company, recently declared results for its third fiscal quarter ended October 31, 2016.

“Salesforce delivered an exceptional quarter with year-over-year revenue growth of 25% in dollars and 27% in constant currency,” said Marc Benioff, chairman and CEO, Salesforce. “I’m delighted to declare that we expect to deliver our first $10 billion year during our fiscal year 2018, which puts us well on the path to reach $20 billion faster than any other enterprise software company.”

“We had outstanding execution in the third quarter, closing a record number of large transactions as more and more companies look to Salesforce as their trusted advisor to redefine their customer strategies,” said Keith Block, vice chairman, president and COO, Salesforce. “No other enterprise software company is delivering customer success at this scale — and certainly not at this pace.”

Shares of Chevron Corporation (NYSE:CVX), added 0.90% and shut at $110.18 inside the last exchanging session. The rest of the purchasing and offering scope of the stock levels among $110.07 and $111.00. The association’s commercial center capitalization is $210.07 Billion with the general uncommon loads of 1.89 billion. Chevron Corporation, through its auxiliaries, engages in integrated energy, chemicals, and petroleum operations worldwide. The company operates in two segments, Upstream and Downstream. The Upstream segment is involved in the exploration, development, and production of crude oil and natural gas; processing, liquefaction, transportation, and regasification associated with liquefied natural gas; transportation of crude oil through pipelines; and transportation, storage, and marketing of natural gas, in addition to operates a gas-to-liquids plant. The Downstream segment engages in refining crude oil into petroleum products; marketing crude oil and refined products; transporting crude oil and refined products through pipeline, marine vessel, motor equipment, and rail car; and manufacturing and marketing commodity petrochemicals, and fuel and lubricant additives, in addition to plastics for industrial uses. It is also involved in the cash administration and debt financing activities; corporate administrative operations; insurance operations; real estate activities; and technology businesses.

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