Today we are watching…
1. Salesforce.com (#salesf)
Salesforce is famous for its CRM software product that links businesses with suppliers. You won’t find many betting against them today. As a rapidly growing player in the cloud space, investors will be hoping for an earnings announcement that smashes its 0.61 cent profit projections. That’s on $3.68 billion of revenue, and a beat might rebound the stock price back to all-time highs.
2. Tiffany (#tifny)
Jewellery brand Tiffany has a reputation for delivering nice things. With Wall Street expecting a little extra on top of official $1.02 profit estimates on $1.03 billion revenue, can they live up to that reputation? Such a beat would make the luxury goods name a possible buy-out candidate and get it’s rollercoaster stock pointing the right way again.
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