May 18, 2024
Finance

Why Salesforce Stock Fell Today

Shares of Salesforce (NYSE: CRM) were down 7.3% on Monday amid reports the cloud-based customer relationship management (CRM) platform provider is in late-stage talks to acquire data-management software company Informatica (NYSE: INFA). Informatica stock also dropped around 6.5% today. Why investors aren’t pleased that Salesforce might acquire Informatica Sources speaking to the Wall Street Journal

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Investors

Disney edges ahead in battle for board seats with activist investors

By Svea Herbst-Bayliss and Dawn Chmielewski NEW YORK (Reuters) – Walt Disney appeared to pull ahead of activist investors in the battle for board seats and the future of the global entertainment conglomerate, with more than half of all shares voted before the company’s annual meeting on Wednesday. T. Rowe, which owns roughly 11.7 million

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