Salesforce.com (NYSE: CRM ) has made an offer to acquire cloud marketing firm ExactTarget (NYSE: ET ) in a deal valued at approximately $2.5 billion, salesforce.com announced today.
The all-cash transaction calls for salesforce.com to pay $33.75 for each outstanding share of ExactTarget stock.
Salesforce.com, the leading customer relations managment (CRM) provider in the world, hopes to combine its software and cloud services with the marketing expertise of ExactTarget to create "a world-class marketing platform across email, social, mobile and the web." According to salesforce,�Gartner research indicates CRM marketing grew 21% in 2012, faster than any other CRM category. "The addition of ExactTarget ... puts salesforce.com in the pole position to capture this [marketing] opportunity," salesforce.com CEO Mark Benioff was quoted as saying.
The ExactTarget acquisition is expected to increase salesforce.com's revenue for its 2014 fiscal year by $100 million to $125 million, and reduce non-GAAP earnings by approximately $0.16 a share for the year, $0.05 a share in salesforce.com's current fiscal Q2. The expected impact on earnings are a result of transaction fees and other acquisition-related costs.
Top 5 Canadian Companies To Invest In Right Now: Compagnie Generale des Etablissements Michelin SCA (ML)
Compagnie Generale des Etablissements Michelin SCA (Michelin SCA) is a France-based company, which is mainly engaged in the manufacture and distribution of tires for a variety of vehicles. In addition, it publishes maps and guides, and offers digital products and services. The Company�� main activity is the production of tires for passenger cars, two-wheeled vehicles, trucks, agricultural equipment and aircraft, among others, which are sold through such distribution divisions as Euromaster in Europe and TCI in the United States. Michelin SCA also offers travel assistance services, including maps and guides, and digital navigation products and services, via ViaMichelin. In addition, the Company produces a number of lifestyle products, such as car and bike accessories, work, sport and leisure gear, and collectibles. The Company is active domestically and abroad. Advisors' Opinion:- [By Corinne Gretler]
Michelin & Cie. (ML) increased 2 percent to 70.55 euros after UBS raised Europe�� largest tiremaker to buy from neutral, citing improved cost positions that enable more competitive pricing and higher profits.
5 Best Forestry Stocks To Invest In Right Now: Rose Rock Midstream LP (RRMS)
Rose Rock Midstream, L.P., incorporated on August 5, 2011, owns, operates, develops and acquires a diversified portfolio of midstream energy assets. The Company is engaged in the business of crude oil gathering, transportation, storage, distribution and marketing in Colorado, Kansas, Minnesota, Montana, North Dakota, Oklahoma and Texas. It serves areas that are through its exposure to the Bakken Shale in North Dakota and Montana, the Denver-Julesburg Basin (DJ Basin) and the Niobrara Shale in the Rocky Mountain region, and the Granite Wash and the Mississippi Lime Play in the Mid-Continent region. The Company�� operations are conducted through, and the Company�� operating assets are owned by, its wholly-owned subsidiary, Rose Rock Midstream Operating, LLC, and its subsidiaries.
Cushing Storage
The Company owns and operates 28 crude oil storage tanks in Cushing with an aggregate storage capacity of approximately 7.0 million barrels and an additional 600,000 barrels of storage. The Company�� storage terminal has a combined capacity to deliver 480,000 barrels of crude oil per day, and has inbound connections with the White Cliffs Pipeline from Platteville, Colorado, the Great Salt Plains Pipeline, the Cimarron Pipeline from Boyer, Kansas, its Kansas and Oklahoma gathering system and two-way interconnections with all of the other storage terminals in Cushing.
Kansas and Oklahoma System
The Company owns and operates an approximately 640-mile crude oil gathering and transportation pipeline system and over 660,000 barrels of associated storage in Kansas and northern Oklahoma. This system gathers crude oil from throughout the region and delivers it to third-party pipelines and refineries and its Cushing terminal. During the years ended December 31, 2012, the Company�� transported an average of approximately 52,000 and 36,000 barrels per day, respectively, from multiple receipt points. The system has pipeline diameters ranging from 4 to 12 inches and! has 25 pump stations. This system also includes 18 truck unloading stations.
Bakken Shale Operations
The Company owns and operates a crude oil gathering, storage, transportation and marketing business in the Bakken Shale area in western North Dakota and eastern Montana. Using its fleet of trucks and two truck unloading facilities, the Company purchase crude oil at the wellhead, transport it through its trucks and third-party pipelines, including the Enbridge North Dakota System, and market it to customers. The Company owns tanks in Trenton and Stanley, North Dakota, with an aggregate storage capacity of 61,800 barrels that connect into the Enbridge North Dakota System. During the year ended December 31, 2012, the Company handled and marketed an average of approximately 7,100 barrels per day.
Platteville Facility
The Company owns and operates a modern, sixteen-lane crude oil truck unloading facility in Platteville, Colorado, which connects to the origination point of the White Cliffs Pipeline. Much of the crude oil production from the DJ Basin and the nearby Niobrara Shale must initially be transported by truck due to a shortage of gathering capacity. Throughput at the facility averaged 43,500 and 32,400 barrels per day for the years ended December 31, 2012. The facility includes 230,000 barrels of crude oil storage capacity. The Platteville facility also allows customer pipeline gathering systems to connect to the origination point of the White Cliffs Pipeline.
The Company competes with Enbridge Energy Partners, L.P., Magellan Midstream Partners, L.P., Plains All American Pipeline, L.P., Blueknight Energy Partners, L.P., Enterprise Products Partners L.P, MV Purchasing, LLC, Plains All American Pipeline, L.P., National Cooperative Refinery Association, Plains All American Pipeline, L.P. and Eighty Eight Oil LLC.
Advisors' Opinion:- [By Robert Rapier]
Rose Rock Midstream (NYSE: RRMS) isn’t a name we have discussed much here. RRMS is an MLP that owns oil-gathering, storage and transportation assets in Colorado, Kansas, Montana, North Dakota, Oklahoma and Texas. The MLP was formed by midstream energy giant SemGroup (NYSE: SEMG), which acts as the general partner. RRMS had its IPO in December 2011 with an initial EV of $1.2 billion and a minimum yield of 4.7 percent.
5 Best Forestry Stocks To Invest In Right Now: Tim Participacoes SA (TIMP3)
TIM Participacoes SA (TIM) is a Brazil-based holding company engaged in the telecommunications segment. Through its wholly-owned subsidiaries, TIM Celular SA (TIM Celular) and Intelig Telecomunicacoes Ltda (Intelig), it provides telecommunication services throughout Brazil. TIM Celular and Intelig are active as Public Switched Telephony Network (PSTN) providers in the local and national and international long-distance modalities in all Brazilian states. Additionally, the Company provides multimedia communication services and personal mobile services, mobile data services and a third generation (3G) network, as well as international roaming agreements, multimedia messaging services, blackberry services and sale of related equipment. Advisors' Opinion:- [By Zahra Hankir]
Brazil�� Ibovespa extended its weekly decline to 3.3 percent. Mobile carrier Tim Participacoes SA (TIMP3) sank after parent Telecom Italia SpA (TIT)�� chief executive officer said its Brazilian assets are strategic, damping speculation the local unit will be sold.
5 Best Forestry Stocks To Invest In Right Now: Grana y Montero SAA (GRAM)
Grana y Montero SAA is a Peru-based holding company primarily engaged in the four business areas: Construction and Engineering Industry, Real Estate, Oil Services, and Operation of Public Concessions and Business Support Services. Through its subsidiaries, the Company provides such services as the development and management of real estate properties and leisure facilities; the exploration, production and sale of oil, natural gas and its derivates; the storage and distribution of combustibles; information technology services; engineering consultancy; the operation and maintenance of rails and roads concessions; as well as the execution and management of projects related to the generation of electric power; among others. The Company owns such subsidiaries as GMD SA, Concar SA, Survial SA, Norvial SA and Promotores Asociados de Inmobiliarios SA, among others. Advisors' Opinion:- [By alicet236]
Grana y Montero SAA (GRAM) Reached the Five-Year Low of $20.90
The prices of Grana y Montero SAA (GRAM) shares have declined to close to the five-year low of $20.90, which is 17.3% off the five-year high of $22.14. Grana y Montero SAA is owned by four Gurus we are tracking. Among them, four have added to their positions during the past quarter. Zero reduced their positions. Grana y Montero SAA was established in Peru on August 12, 1996 as a result of the equity spin-off of Inversiones GyM S. Grana Y Montero Saa has a market cap of $2.75 billion; its shares were traded at around $20.90 with a P/E ratio of 24.60 and P/S ratio of 1.24.
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