the software provider of customer relationship management (CRM) Salesforce.com (NYSE: CRM) also report results on Wednesday. The company continues to grow rapidly and produce a lot of free cash flow, but results in accordance with GAAP Salesforce remain essentially nonexistent. Free cash flow is far from perfect, and Salesforce finally prove to investors that can produce consistent profits.
After some terrible results colleagues retailers, Wal-Mart (NYSE: WMT) were informed of its first quarter results on Thursday. Proceeds will have a success due to the higher wages and investments in training and e-commerce, but Wal-Mart expected to increase same-store sales to the United States. One of the e-commerce initiatives Wal-Mart, grocery order online and pick up, looks particularly promising.
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