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$CRM Form 4: On Aug. 24-26, 2015 Marc Benioff CEO exercised 12,500 stock options & acquired same for $35.625 each. On Aug. 24, 2015, he sold 12,500 shares at price range $64.35-68.97. On Aug. 25, 2015, he sold 12,500 shares for $65.62-68.08. On Aug. 26, 2015, he sold 12,500 shares for $65.48-68.52. Post transactions, he now owns 37,662,500 shares.
The U.S. Treasury will be receiving $10 billion as dividends from the combined government-backed mortgage giants Fannie Mae and Freddie Mac. This is a sign that a recovered housing market is allowing the once-ailing firms to subsidize federal government spending.
$CSCO shift from hardware to becoming a software behemoth seems to be working for the company so far. Stock has seen a steady rise since the change. But is it sustainable?
Heard about the next generation iPhone. Going by the reports, it is believed that $AAPL will release three iphones this year.
Samsung chief Jay Y. Lee arrested under $36 million bribery charges. Stocks are also down. This is going to impact the sale of its Galaxy 8, set for April release. Here’s an opportunity for $AAPL to capitalize on a rival’s fall.