Salesforce Cuts Forecast on Lower IT Spending, Forex Hit

Aug 24 (Reuters) - Salesforce Inc (CRM.N) on Wednesday cut its annual revenue and profit forecasts over "measured" spending from clients and a hit from a stronger dollar, sending its shares down 7% in extended trading. Salesforce also announced stock repurchase of up to $10 billion, its first-ever ...

This post was originally published on this site