Salesforce forecast, buyback plan allays activist concerns

By

Outperformed expectations about margin.

Salesforce forecast, buyback plan allays activist concerns
Salesforce's shares jumped 14 percent after the cloud-based software provider gave an upbeat full-year profit forecast and doubled its share repurchase program, placating activist investors pushing for changes amid slowing growth. The Dow component was set for its best day in more than two ...

Hi! You've reached one of our premium articles. This is available exclusively to subscribers.

It's free to register, and only takes a few minutes.

Once you sign up you'll have unlimited access to the full catalogue of Australia's best business IT content, as well as a daily news bulletin delivered straight to your inbox.

Register now
Got a news tip for our journalists? Share it with us anonymously here.
Tags:
cloudsalesforcestrategy

Sponsored Whitepapers

Digital Transformation That Works in the Real World
Digital Transformation That Works in the Real World
Beyond the Breach: Logicalis Delivers Scalable, Business-Aligned MXDR Security
Beyond the Breach: Logicalis Delivers Scalable, Business-Aligned MXDR Security
Transforming IT for the Hybrid Era
Transforming IT for the Hybrid Era
Powering secure AI at the Edge: What you need to know before it’s too late
Powering secure AI at the Edge: What you need to know before it’s too late
Ditch the Spreadsheets. Build a System That Grows With You.
Ditch the Spreadsheets. Build a System That Grows With You.

Events

Most Read Articles

Department of Education eyes 10-year tech uplift to tackle legacy risks

Department of Education eyes 10-year tech uplift to tackle legacy risks
Microsoft launches AI-based Copilot Mode in Edge browser

Microsoft launches AI-based Copilot Mode in Edge browser
Qld Police set to run an IT systems review

Qld Police set to run an IT systems review
DTA CEO suggests AI usage to reduce 'white-collar effort' in APS

DTA CEO suggests AI usage to reduce 'white-collar effort' in APS
techpartner.news logo
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Dave Stevens on Brennan's evolution and the need for Aussie tech unity
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
Sydney's ITKnocks on contact centre AI and the slow death of the IVR
"It's an exciting time to be part of the health and aged care sector"
"It's an exciting time to be part of the health and aged care sector"
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Insicon founder Matt Miller on the coming 'tsunami' of compliance and educating boards about cyber security
Orro claims Australia first with managed digital asset discovery service
Orro claims Australia first with managed digital asset discovery service

Log In

  |  Forgot your password?