Salesforce forecast, buyback plan allays activist concerns

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Salesforce forecast, buyback plan allays activist concerns

Outperformed expectations about margin.

Salesforce's shares jumped 14 percent after the cloud-based software provider gave an upbeat full-year profit forecast and doubled its share repurchase program, placating activist investors pushing for changes amid slowing growth. The Dow component was set for its best day in more than two ...

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