US futures point to slightly higher open

Elon Musk pressured Thai officials to say nice things about him… According to new court filings, Musk was focused on what Thai officials were saying about him while they were trying to rescue a trapped soccer team and its coach. Technologyread more


Elon Musk pressured Thai officials to say nice things about him… According to new court filings, Musk was focused on what Thai officials were saying about him while they were trying to rescue a trapped soccer team and its coach. Technologyread more
US futures point to slightly higher open Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-09  Authors: sam meredith
Keywords: news, cnbc, companies, musk, open, slightly, trying, officials, soccer, futures, point, things, say, team, thai, saying, trapped, higher


US futures point to slightly higher open

Elon Musk pressured Thai officials to say nice things about him…

According to new court filings, Musk was focused on what Thai officials were saying about him while they were trying to rescue a trapped soccer team and its coach.

Technology

read more


Company: cnbc, Activity: cnbc, Date: 2019-10-09  Authors: sam meredith
Keywords: news, cnbc, companies, musk, open, slightly, trying, officials, soccer, futures, point, things, say, team, thai, saying, trapped, higher


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Taiwan bridge collapse crushes fishing boats, some crew feared trapped

A bridge collapsed into a harbour in northeastern Taiwan on Tuesday, crushing several fishing boats with some crew feared trapped, authorities said. Divers were searching for those feared trapped in a couple of fishing boats, two government officials from the port township of Suao told Reuters. “The bridge collapsed at around 9:30 a.m. while an oil tanker vehicle was on it, setting the vehicle on fire,” said Shih I-chun, the secretary of the town’s mayor. “We feared that some fishermen might be


A bridge collapsed into a harbour in northeastern Taiwan on Tuesday, crushing several fishing boats with some crew feared trapped, authorities said. Divers were searching for those feared trapped in a couple of fishing boats, two government officials from the port township of Suao told Reuters. “The bridge collapsed at around 9:30 a.m. while an oil tanker vehicle was on it, setting the vehicle on fire,” said Shih I-chun, the secretary of the town’s mayor. “We feared that some fishermen might be
Taiwan bridge collapse crushes fishing boats, some crew feared trapped Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-01  Authors: grace shao
Keywords: news, cnbc, companies, bridge, authorities, taiwan, boats, fishing, feared, vehicle, crew, collapse, collapsed, rescue, trapped, crushes


Taiwan bridge collapse crushes fishing boats, some crew feared trapped

A bridge collapsed into a harbour in northeastern Taiwan on Tuesday, crushing several fishing boats with some crew feared trapped, authorities said.

At least nine people fell in the water and seven were rescued, Taiwan’s Central News Agency said. Six people were seriously injured, it reported.

Divers were searching for those feared trapped in a couple of fishing boats, two government officials from the port township of Suao told Reuters.

“The bridge collapsed at around 9:30 a.m. while an oil tanker vehicle was on it, setting the vehicle on fire,” said Shih I-chun, the secretary of the town’s mayor. “We feared that some fishermen might be trapped in the boats.”

Authorities have set up an emergency center and the military said marines and the navy were helping with the rescue efforts.

“Saving life is priority,” Taiwan Premier Su Tseng-chang said in a Facebook post. “I will ask related authorities to make all effort for the rescue.”


Company: cnbc, Activity: cnbc, Date: 2019-10-01  Authors: grace shao
Keywords: news, cnbc, companies, bridge, authorities, taiwan, boats, fishing, feared, vehicle, crew, collapse, collapsed, rescue, trapped, crushes


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100 children, many others feared trapped in collapse of Nigeria building that housed school

Residents of the area said around 100 children attended the school, which was on the third floor of the building. Nigeria is frequently hit by building collapses, with weak enforcement of regulations and poor construction materials often used. In 2016, more than 100 people were killed when a church came down in southeastern Nigeria. In Lagos that same year, a five-storey building still under construction collapsed, killing at least 30 people. A floating school built to withstand storms and flood


Residents of the area said around 100 children attended the school, which was on the third floor of the building. Nigeria is frequently hit by building collapses, with weak enforcement of regulations and poor construction materials often used. In 2016, more than 100 people were killed when a church came down in southeastern Nigeria. In Lagos that same year, a five-storey building still under construction collapsed, killing at least 30 people. A floating school built to withstand storms and flood
100 children, many others feared trapped in collapse of Nigeria building that housed school Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: associated press
Keywords: news, cnbc, companies, site, lagos, feared, building, workers, 100, area, trapped, construction, nigeria, 2016, collapse, housed, school, children


100 children, many others feared trapped in collapse of Nigeria building that housed school

Workers on top of the rubble shovelled debris away as thousands of people swarmed around the rescue site — dozens watching from rooftops and hundreds more packed into the surrounding streets.

“It is believed that many people including children are currently trapped in the building,” said Ibrahmi Farinloye, spokesman for the National Emergency Management Agency’s southwest region, adding that casualty figures were not yet available.

Residents of the area said around 100 children attended the school, which was on the third floor of the building.

At the site, many people were shouting and screaming. A fight almost broke out as anger at the collapse boiled over.

In the crowd’s midst stood ambulances, fire trucks and a fork lift. Workers from the Red Cross and police were on hand.

The building was in the Ita-faji area of Lagos island, the original heart of the lagoon city before it expanded onto the mainland.

Nigeria is frequently hit by building collapses, with weak enforcement of regulations and poor construction materials often used. In 2016, more than 100 people were killed when a church came down in southeastern Nigeria.

In Lagos that same year, a five-storey building still under construction collapsed, killing at least 30 people.

A floating school built to withstand storms and floods was also brought down in Lagos in 2016, though nobody was reported injured.


Company: cnbc, Activity: cnbc, Date: 2019-03-13  Authors: associated press
Keywords: news, cnbc, companies, site, lagos, feared, building, workers, 100, area, trapped, construction, nigeria, 2016, collapse, housed, school, children


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Dollar trapped in ranges on trade war concerns, Fed

The dollar held near a two-week low on Tuesday as growing concern over the trade conflict between the United States and China heightened the safe-haven appeal of the Japanese yen and the Swiss franc. The United States on Monday announced criminal charges against China’s Huawei Technologies Co Ltd, escalating a fight with the world’s biggest telecommunications equipment maker, which denies wrongdoing. The announcement came days before trade talks with Beijing later this week. Market participants


The dollar held near a two-week low on Tuesday as growing concern over the trade conflict between the United States and China heightened the safe-haven appeal of the Japanese yen and the Swiss franc. The United States on Monday announced criminal charges against China’s Huawei Technologies Co Ltd, escalating a fight with the world’s biggest telecommunications equipment maker, which denies wrongdoing. The announcement came days before trade talks with Beijing later this week. Market participants
Dollar trapped in ranges on trade war concerns, Fed Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-01-29  Authors: mark wilson, getty images
Keywords: news, cnbc, companies, fed, range, trade, ranges, trapped, near, concerns, dollar, lower, war, united, talks, states, yen, policy, meeting


Dollar trapped in ranges on trade war concerns, Fed

The dollar held near a two-week low on Tuesday as growing concern over the trade conflict between the United States and China heightened the safe-haven appeal of the Japanese yen and the Swiss franc.

The United States on Monday announced criminal charges against China’s Huawei Technologies Co Ltd, escalating a fight with the world’s biggest telecommunications equipment maker, which denies wrongdoing. The announcement came days before trade talks with Beijing later this week.

The latest news sapped appetite for risk and ended a rally in Chinese stocks this month. The yen and the franc gained against the dollar.

Market participants are also focused on the Federal Reserve’s policy meeting on Jan. 29-30, where Chairman Jerome Powell is expected to acknowledge growing risks to the U.S. economy as global momentum weakens.

Investors expect the Fed to adopt a more cautious stance on policy than it did in 2018, pressured by signs of a peak in U.S. corporate earnings and the threat of a slowdown both at home and globally.

“Euro/dollar should be in a range for now given the trade talks and the Fed meeting this week,” said Kenneth Broux, a currency strategist at Societe Generale in London.

Also keeping the euro in a tight range are option expiries worth $6 billion between $1.14-1.15. Traders say any breach of those ranges would fuel volatility in the markets.

Sterling edged lower before crucial votes later in the day in the British parliament that are aimed at breaking the Brexit deadlock.

he British currency has rallied 6 percent from Jan. 4 lows, but further gains may be limited unless lawmakers emerge with a big majority on the votes.

In early London trading on Tuesday, sterling edged 0.1 percent lower to $1.3142 but remained near a 2 1/2-month high of $1.3218.


Company: cnbc, Activity: cnbc, Date: 2019-01-29  Authors: mark wilson, getty images
Keywords: news, cnbc, companies, fed, range, trade, ranges, trapped, near, concerns, dollar, lower, war, united, talks, states, yen, policy, meeting


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Gold firms on bargain hunting but trapped in tight range

Spot gold edged 0.3 percent higher to $1,191.41 per ounce, having fallen to a more than six-week low of $1,180.34 on Sept. 28. “It is unusual that gold is trading higher even with the stronger dollar. People are looking to buy into gold as they believe that prices below $1,200 are indeed attractive,” Julius Baer analyst Carsten Menke said. A higher dollar makes bullion more expensive for holders of other currencies, curtailing demand. Rising interest rates boost the greenback by increasing the o


Spot gold edged 0.3 percent higher to $1,191.41 per ounce, having fallen to a more than six-week low of $1,180.34 on Sept. 28. “It is unusual that gold is trading higher even with the stronger dollar. People are looking to buy into gold as they believe that prices below $1,200 are indeed attractive,” Julius Baer analyst Carsten Menke said. A higher dollar makes bullion more expensive for holders of other currencies, curtailing demand. Rising interest rates boost the greenback by increasing the o
Gold firms on bargain hunting but trapped in tight range Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-10-02
Keywords: news, cnbc, companies, rates, tight, hunting, bargain, markets, higher, gold, 02, trapped, prices, firms, range, dollar, strength, interest, analyst


Gold firms on bargain hunting but trapped in tight range

Gold edged up on Tuesday as a recent dip to multi-week lows attracted some bargain hunters, but prices were well within recent ranges as the dollar remained on an upward trajectory.

Spot gold edged 0.3 percent higher to $1,191.41 per ounce, having fallen to a more than six-week low of $1,180.34 on Sept. 28. U.S. gold futures rose 0.2 percent to $1,194.10.

“It is unusual that gold is trading higher even with the stronger dollar. People are looking to buy into gold as they believe that prices below $1,200 are indeed attractive,” Julius Baer analyst Carsten Menke said.

A higher dollar makes bullion more expensive for holders of other currencies, curtailing demand.

Analysts said the market was likely to stay relatively range-bound, with no real catalyst to break out on either side.

“One thing in gold’s favor is oil is around $85 and that will actually make investors use gold as a hedge against inflation risk,” Mitsubishi analyst Jonathan Butler said.

Global benchmark Brent crude oil prices held near 4-year highs as markets braced for tighter supply due to U.S. sanctions on Iran. Gold can sometimes be seen as a hedge against oil-led inflation.

Gold has fallen for the past six months, losing 13 percent, largely due to dollar strength, with the U.S. currency benefiting from a vibrant U.S. economy, rising U.S. interest rates and fears of a global trade war.

Market participants are also on the lookout for any additional clues on the pace of interest rate hikes from U.S. Federal Reserve Chairman Jerome Powell, who will be speaking on “The Outlook for Employment and Inflation” before the National Association for Business Economics later in the day.

“In the gold market, there is no evidence that the bulls have gained any strength. Of course, the main economic data which has the ability to move the gold price needle substantially is the upcoming U.S non-farm payrolls on Friday,” Think Markets UK chief markets analyst Naeem Aslam said in a note.

The Fed raised rates last week and said it planned four more increases by the end of 2019 and another in 2020, citing steady economic growth and a robust jobs market.

Rising interest rates boost the greenback by increasing the opportunity cost of holding gold.

Silver was up 0.3 percent at $14.50 per ounce.

Palladium fell 0.2 percent to $1,054, while platinum shed 0.2 percent, to $819.70.


Company: cnbc, Activity: cnbc, Date: 2018-10-02
Keywords: news, cnbc, companies, rates, tight, hunting, bargain, markets, higher, gold, 02, trapped, prices, firms, range, dollar, strength, interest, analyst


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Dollar trapped in ranges on trade war fears

The Australian dollar skidded to its weakest level in more than 2-1/2 years as fears over an escalation in the trade conflict between the United States and China dominated concerns, while safe-haven currencies such as the franc and yen gained. “The dollar moving in different directions against the Aussie and the yen is typical of a risk-off move as fears of trade war escalation and contagion in emerging markets remain main drivers,” said John Marley, a senior currency consultant at Foreign Excha


The Australian dollar skidded to its weakest level in more than 2-1/2 years as fears over an escalation in the trade conflict between the United States and China dominated concerns, while safe-haven currencies such as the franc and yen gained. “The dollar moving in different directions against the Aussie and the yen is typical of a risk-off move as fears of trade war escalation and contagion in emerging markets remain main drivers,” said John Marley, a senior currency consultant at Foreign Excha
Dollar trapped in ranges on trade war fears Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-09-07  Authors: mark wilson, getty images, waring abbott, stephen lam, joshua lott, andrew harrer, bloomberg, matthew staver
Keywords: news, cnbc, companies, currency, trade, currencies, trapped, markets, conflict, fears, dollar, ranges, escalation, war, concerns, market, china


Dollar trapped in ranges on trade war fears

The Australian dollar skidded to its weakest level in more than 2-1/2 years as fears over an escalation in the trade conflict between the United States and China dominated concerns, while safe-haven currencies such as the franc and yen gained.

With a public comment period for proposed U.S. tariffs on an additional $200 billion worth of Chinese imports ending at 0400 GMT, markets edged lower as investors waited for a fresh salvo to be fired in the ongoing Sino-U.S. trade war.

“The dollar moving in different directions against the Aussie and the yen is typical of a risk-off move as fears of trade war escalation and contagion in emerging markets remain main drivers,” said John Marley, a senior currency consultant at Foreign Exchange risk management specialist SmartCurrencyBusiness.

An emerging market currency index edged higher on Friday but is poised to register its biggest weekly loss in three weeks.

Among developed currencies, the Australian dollar fell more than half a percent to its lowest level since February 2016 at $0.7138 as concerns that any escalation in trade conflict would hit export-oriented economies such as Australia, which have China as their biggest trading partner.

The yuan was relatively stable in the offshore market in Hong Kong as a spike in overnight borrowing costs deterred short-sellers of the Chinese currency.

The dollar held in relatively tight ranges against other major peers such as the euro and pound, with the market bracing for the highly anticipated U.S. jobs report due later in the session.

Ulrich Leuchtmann, a currency strategist at Commerzbank in Frankfurt, said broad concerns were giving a boost to safe-haven currencies and that markets would remain more focused on trade war headlines than upcoming U.S. economic data unless there is a big downward surprise.

August’s U.S. non-farm payrolls report is due at 1230 GMT. The U.S. economy is expected to have added about 191,000 jobs last month, with average earnings at 0.2 percent month-on-month compared to 0.3 percent from July.

The Federal Reserve is poised to hike interest rates this month, its third monetary tightening move in 2018, and the employment data is expected to shape investors’ near-term outlook on interest rates.

While markets waited for the next round to be fired in the U.S- China trade conflict, U.S. President hinted to a Wall Street Journal columnist that he might take up trade issues with Japan, according to CNBC television.

The British pound jumped on Friday after European Union negotiator Michel Barnier said the EU was open to discussing other “backstops” on the Brexit issue.


Company: cnbc, Activity: cnbc, Date: 2018-09-07  Authors: mark wilson, getty images, waring abbott, stephen lam, joshua lott, andrew harrer, bloomberg, matthew staver
Keywords: news, cnbc, companies, currency, trade, currencies, trapped, markets, conflict, fears, dollar, ranges, escalation, war, concerns, market, china


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Elon Musk attacks British cave diver for a third time, calling him a ‘child rapist’

Elon Musk has once again attacked a British man who helped rescue a boys’ soccer team trapped in a flooded cave in Thailand, calling him a “child rapist.” Musk accused Unsworth in the email of being a “child rapist,” in the strongest words the billionaire has had for the explorer since referring to him as a “pedo guy” in July. Last month, Musk tweeted that it was “strange” that Unsworth had not sued him for the July comments. Musk had said the email was off the record, but BuzzFeed said it didn’


Elon Musk has once again attacked a British man who helped rescue a boys’ soccer team trapped in a flooded cave in Thailand, calling him a “child rapist.” Musk accused Unsworth in the email of being a “child rapist,” in the strongest words the billionaire has had for the explorer since referring to him as a “pedo guy” in July. Last month, Musk tweeted that it was “strange” that Unsworth had not sued him for the July comments. Musk had said the email was off the record, but BuzzFeed said it didn’
Elon Musk attacks British cave diver for a third time, calling him a ‘child rapist’ Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-09-05  Authors: ryan browne, patrick t fallon, bloomberg, getty images
Keywords: news, cnbc, companies, trapped, elon, musk, attacks, thailand, diver, email, tesla, buzzfeed, child, cave, unsworth, boys, british, calling, rapist


Elon Musk attacks British cave diver for a third time, calling him a 'child rapist'

Elon Musk has once again attacked a British man who helped rescue a boys’ soccer team trapped in a flooded cave in Thailand, calling him a “child rapist.”

In an email to BuzzFeed News, the Tesla chief executive launched a third attack on cave diver Vernon Unsworth, who called Musk’s idea to rescue the trapped boys and their coach with a miniature submarine a “PR stunt.”

Musk accused Unsworth in the email of being a “child rapist,” in the strongest words the billionaire has had for the explorer since referring to him as a “pedo guy” in July. Last month, Musk tweeted that it was “strange” that Unsworth had not sued him for the July comments.

Tesla shares were down 1.1 percent in premarket trading Wednesday.

Representatives for Musk and three of his companies — Tesla, SpaceX and The Boring Company — did not immediately reply to CNBC requests for comment.

Musk’s initial tweet in July dampened investor sentiment in Tesla, with shares falling on the day on concerns over the executive’s leadership, public image and his presence on Twitter.

Musk told BuzzFeed on Tuesday: “I suggest that you call people you know in Thailand, find out what’s actually going on and stop defending child rapists, you f—— a——.” Musk had said the email was off the record, but BuzzFeed said it didn’t agree to the condition.

Musk alleged that Unsworth had traveled to and lived in Thailand for “30 to 40 years” and claimed — without providing evidence — that he eventually moved to Chiang Rai to find a child bride. Unsworth denied those claims, according to the news site.

Chiang Rai is the province in which the Wild Boar youth soccer team became trapped in the flooded cave. The boys and their coach were subsequently saved after weeks of efforts by local and international rescuers.

“As for this alleged threat of a lawsuit, which magically appeared when I raised the issue (nothing was sent or raised beforehand), I f—— hope he sues me,” Musk said in the email to BuzzFeed.


Company: cnbc, Activity: cnbc, Date: 2018-09-05  Authors: ryan browne, patrick t fallon, bloomberg, getty images
Keywords: news, cnbc, companies, trapped, elon, musk, attacks, thailand, diver, email, tesla, buzzfeed, child, cave, unsworth, boys, british, calling, rapist


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Rudy Giuliani: Truth ‘isn’t truth,’ fears Trump perjury charge

In an appearance on NBC’s “Meet the Press” on Sunday, Giuliani rejected the idea that his team was slow-walking a request by Robert Mueller’s team to interview Trump. He dismissed the idea of Trump having any foreknowledge about Russia’s efforts, or potentially obstructing the subsequent inquiry. Giuliani blasted what he called “somebody’s version of the truth,” and drew mockery and biting rejoinders on social media by adding that “truth isn’t truth” if key facts are being disputed. So tell me w


In an appearance on NBC’s “Meet the Press” on Sunday, Giuliani rejected the idea that his team was slow-walking a request by Robert Mueller’s team to interview Trump. He dismissed the idea of Trump having any foreknowledge about Russia’s efforts, or potentially obstructing the subsequent inquiry. Giuliani blasted what he called “somebody’s version of the truth,” and drew mockery and biting rejoinders on social media by adding that “truth isn’t truth” if key facts are being disputed. So tell me w
Rudy Giuliani: Truth ‘isn’t truth,’ fears Trump perjury charge Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-19  Authors: javier e david, joshua roberts
Keywords: news, cnbc, companies, giuliani, trapped, isnt, tell, statements, voiced, team, perjury, russias, truth, charge, president, trump, rudy, fears


Rudy Giuliani: Truth 'isn't truth,' fears Trump perjury charge

President Donald Trump’s attorney, Rudolph Giuliani, insisted that “truth isn’t truth” when it comes to the investigation probing Russia’s role in influencing the 2016 elections, as he voiced anew his concern that the president could be lured into a perjury charge by the special counsel.

In an appearance on NBC’s “Meet the Press” on Sunday, Giuliani rejected the idea that his team was slow-walking a request by Robert Mueller’s team to interview Trump. The former New York City major insisted he would not be “rushed” into making his client available for something that could become a chargeable offense under the law.

“So what I have to tell you is, look, I’m not going to be rushed into having him testify so he gets trapped into perjury,” Giuliani told the program. He dismissed the idea of Trump having any foreknowledge about Russia’s efforts, or potentially obstructing the subsequent inquiry.

However, the former government lawyer tripped himself up when trying to elaborate, saying that Trump shouldn’t fear testifying if he’s being honest.

Giuliani blasted what he called “somebody’s version of the truth,” and drew mockery and biting rejoinders on social media by adding that “truth isn’t truth” if key facts are being disputed.

Giuliani reiterated the president’s position that he didn’t discuss his former National Security Advisor, Michael Flynn with the FBI Director he ultimately fired, James Comey. The latter, however, has said the opposite.

“Comey says, ‘you did talk about it.’ So tell me what the truth is?,” Giuliani asked.

Trump has repeatedly denied there was collusion between his campaign and Russia during the 2016 U.S. presidential election. As recently as Sunday, the president took to Twitter to repeat the claim.

Giuliani, however, has consistently voiced concerns that Mueller’s efforts could result in Trump getting trapped into giving contradictory statements under oath.

The president’s noted penchant for exaggeration, as well as his unrestrained tweeting that undercuts statements he previously made, may be playing a role in his legal team’s thinking.


Company: cnbc, Activity: cnbc, Date: 2018-08-19  Authors: javier e david, joshua roberts
Keywords: news, cnbc, companies, giuliani, trapped, isnt, tell, statements, voiced, team, perjury, russias, truth, charge, president, trump, rudy, fears


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Morgan Stanley raises Salesforce price forecast, seeing success from its MuleSoft deal

Morgan Stanley is a big believer in the merger between Salesforce and MuleSoft. The firm raised its price target to $178 from $153, a 16 percent increase, for Salesforce shares, predicting a big rise in its sales during the coming years from the deal. “Consensus expectations likely underestimate this growth potential and SFDC’s improved M&A track record, driving our estimates and price target higher.” Weiss reiterated his overweight rating for Salesforce shares. Salesforce shares rose 0.6 percen


Morgan Stanley is a big believer in the merger between Salesforce and MuleSoft. The firm raised its price target to $178 from $153, a 16 percent increase, for Salesforce shares, predicting a big rise in its sales during the coming years from the deal. “Consensus expectations likely underestimate this growth potential and SFDC’s improved M&A track record, driving our estimates and price target higher.” Weiss reiterated his overweight rating for Salesforce shares. Salesforce shares rose 0.6 percen
Morgan Stanley raises Salesforce price forecast, seeing success from its MuleSoft deal Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-14  Authors: tae kim, adam jeffery
Keywords: news, cnbc, companies, trapped, price, morgan, systems, shares, raises, seeing, mulesoft, deal, sales, salesforce, stanley, success, forecast, target, versus, data


Morgan Stanley raises Salesforce price forecast, seeing success from its MuleSoft deal

Morgan Stanley is a big believer in the merger between Salesforce and MuleSoft.

The firm raised its price target to $178 from $153, a 16 percent increase, for Salesforce shares, predicting a big rise in its sales during the coming years from the deal.

In March Salesforce announced an agreement to buy MuleSoft for about $6.5 billion. MuleSoft’s products enable companies to stitch together disparate software applications, data and devices. The deal closed in May.

“Unlocking data trapped in legacy systems via MuleSoft brings SFDC [Salesforce.com] to the forefront of driving digital transformation for its customers,” analyst Keith Weiss said in a note to clients Tuesday. “Consensus expectations likely underestimate this growth potential and SFDC’s improved M&A track record, driving our estimates and price target higher.”

Weiss reiterated his overweight rating for Salesforce shares.

The analyst predicts MuleSoft will add more than $1 billion in sales to the company by 2021 versus an estimated $449 million in sales this year.

“The acquisition of MuleSoft directly addresses the challenge of connecting and utilizing data trapped in legacy systems more efficiently into Salesforce.com’s platform, extending the overall value proposition into a broader hybrid (public and private) cloud environment required for most larger enterprises,” he said.

Salesforce shares rose 0.6 percent Tuesday after the report. Its stock is up 41 percent this year through Monday versus the S&P 500’s 6 percent gain.


Company: cnbc, Activity: cnbc, Date: 2018-08-14  Authors: tae kim, adam jeffery
Keywords: news, cnbc, companies, trapped, price, morgan, systems, shares, raises, seeing, mulesoft, deal, sales, salesforce, stanley, success, forecast, target, versus, data


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In just 20 minutes, you could be on your way to that next job

How long has it been since you looked at your resume? You’ve acquired skills and experience since starting your job – but on paper, your resume shows you as a fly trapped in amber. Perhaps you’re not looking to make a change, yet experts say the time to forget about your professional profile is never. More than a third of people save resume updating until they’re actually job-hunting. That way, you stay up to date on your new skills and experiences, so if you want to make a change, it’s ready to


How long has it been since you looked at your resume? You’ve acquired skills and experience since starting your job – but on paper, your resume shows you as a fly trapped in amber. Perhaps you’re not looking to make a change, yet experts say the time to forget about your professional profile is never. More than a third of people save resume updating until they’re actually job-hunting. That way, you stay up to date on your new skills and experiences, so if you want to make a change, it’s ready to
In just 20 minutes, you could be on your way to that next job Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2018-08-03  Authors: jill cornfield, pali rao, getty images
Keywords: news, cnbc, companies, vicki, updating, 20, job, minutes, theyre, resume, trapped, way, change, twice, youre, skills


In just 20 minutes, you could be on your way to that next job

How long has it been since you looked at your resume?

You’ve acquired skills and experience since starting your job – but on paper, your resume shows you as a fly trapped in amber.

Perhaps you’re not looking to make a change, yet experts say the time to forget about your professional profile is never.

You’re not the only one. More than a third of people save resume updating until they’re actually job-hunting. And 8 percent can’t even remember the last time they changed their resume, according to Monster.com

Bad idea, says Vicki Salemi, career expert at Monster.com, who recommends updating your resume once or twice a year. That way, you stay up to date on your new skills and experiences, so if you want to make a change, it’s ready to roll out.


Company: cnbc, Activity: cnbc, Date: 2018-08-03  Authors: jill cornfield, pali rao, getty images
Keywords: news, cnbc, companies, vicki, updating, 20, job, minutes, theyre, resume, trapped, way, change, twice, youre, skills


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