After surging in the wake of Oracle/Taleo, some cloud software names have sold off: CSOD +1.2%. CTCT -1%. N -0.2%. Others are faring better: SABA +5.7%. CRM +3%. KNXA +2.4%. Bernstein thinks Oracle's modest premium, perhaps due to a limited number of potential buyers, "puts a cap" on future deal valuations. However, as Nomura notes, the run-up already seen in Taleo due to M&A hopes helps explain the small premium.
After surging in the wake of Oracle/Taleo, some cloud software names have sold off: CSOD +1.2%....
From other sites
at CNBC.com (Mar 7, 2014)
at CNBC.com (Oct 3, 2013)
at CNBC.com (Nov 13, 2012)
at CNBC.com (Jul 9, 2012)
at CNBC.com (May 14, 2012)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs