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    Business & Stock News: Exxon Mobil (XOM), Salesforce (CRM)

    Business & Stock News: Exxon Mobil (XOM), Salesforce (CRM)

    FromSchwab Network

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    Business & Stock News: Exxon Mobil (XOM), Salesforce (CRM)

    FromSchwab Network

    ratings:
    Length:
    4 minutes
    Released:
    Dec 9, 2022
    Format:
    Podcast episode

    Description

    Exxon Mobil (XOM) announced that the share repurchase plan will be expanded up to $50B through 2024. The company said that earnings and cash flow will double by 2027 compared to 2019 levels. Next, Jenny Horne weighs in on Salesforce (CRM) being downgraded to neutral from outperform at Baird. The analyst stated that the combination of macro headwinds and seat-based software pressures could pressure revenue growth in the near-term. Also, increase in executive turnovers is a surprise and could portend execution risk.
    Released:
    Dec 9, 2022
    Format:
    Podcast episode

    Titles in the series (100)

    A unique lineup of financial news and education programs, all available to stream without a subscription. Listen to industry experts track market action and interpret how it may apply to your investment portfolio. Get real-time insights, commentary, and exclusive access to CEOs, analysts, and market experts. Empowering Every Investor and Trader. Every Market Day. Produced by TD Ameritrade Media Productions Company, a wholly-owned subsidiary of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation. TD Ameritrade Media Productions Company is not a financial adviser, registered investment advisor, or broker-dealer. THE TD AMERITRADE NETWORK SITE, CONTENT, APPS, AND RELATED SERVICES, ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. This is not an offer or solicitation in any jurisdiction where we are not authorized to do business or where such offer or solicitation would be contrary to the local laws and regulations of that jurisdiction, including, but not limited to persons residing in Australia, Canada, Japan, Saudi Arabia, UK, and the countries of the European Union. All TD Ameritrade Network content © TD Ameritrade Network. All rights reserved.