Salesforce.com has been in a downward path on the charts the past 12 months. Prices have been trying to stabilize in the past two months but strong bottoming signs are lacking. Let's check further. In this daily bar chart of CRM, below, we can see a pattern of lower lows and lower highs - the simple definition of a downtrend. Read More...
MarketWatch
PTC to buy FSM software company ServiceMax for $1.46 billion in cash
PTC Inc. announced Thursday an agreement to buy field service management (FSM) software company ServiceMax from an entity majority owned by Silver Lake, for $1.46 billion in cash. PTC, which makes business and workforce productivity software, said the acquisition will be funded with $808 million paid at closing, which is expected to occur in early January 2023, and $650 million paid in October 2023. PTC expects the deal to add to 2023 free cash flow. PTC’s stock, which was still inactive in prem
