This promises to be yet another interesting week at the Wall Street. A few big names along with some humble players have entered the list of this week’s to-watch companies; let’s have a look at what this week will bring for investors and company stocks.
During this trading week the Cintas Corporation (NASDAQ:CTAS) will reveal its results for the quarter. It is the provider for leased company uniforms and other workplace appendages. Analysts predicted an increase in the profitability of Cintas Corporation (NASDAQ:CTAS) when it opened on Monday; however this increase is expected to be followed by a decline. Stock value will do better if more and more companies are hiring increasing the demand for uniforms.
Tuesday will have Microsoft Corporation (NASDAQ:MSFT) in an important event at San Fransico. Many analysts predicted that they will unveil the Windows 9 but that isn’t the case. Windows 9 isn’t up for unveiling until next month. Windows 8 failed to make an impact on the market and Microsoft Corporation (NASDAQ:MSFT) will be looking to compensate for this disappointment. Windows is also lagging behind iOS and Android, despite the fact that iOS 8 had a very shaky launch; it encountered many bugs and had to be upgraded by the company.
Wednesday will mark the start of the fourth quarter and Acuity Brands, Inc (NYSE:AYI) Brands will have its new financials. The Atlanta based provider of lighting solutions made 2 billion sales last year across two dozen brands. It’s expected to show revenues growth by 12 percent, with profit rising up to 1.22 dollar a share. Last year’s per share profit was $1.03.
McCormick & Company, Incorporated (NYSE:MKC) will announce its quarterly results on Thursday. It’s a leading distributor of spices, seasoning, mixes etc. It manages to gather up to 4 billion sales per year. Analyst forecast suggest modest improvement in sales over the course of few months, but the company has a tendency to surprise everyone and make an unexpected surge.
Friday will be the highlight for box office releases; whereas there won’t be much in terms of corporate earnings. David Fincher directed Gone Girl will have the spotlight of the night with Anabelle will attract the horror movie lovers. Nicolas Cage starrer Left Behind will also debut at the Box office. It’ll be an exciting day as weekend is expected to attract big crowds.
The Wall Street has had to face a lot of setbacks because of the sanctions against Russia, which caused unwanted and unexpected breaks in business dealings and investments from the U.S and European countries. Once the situation settles down, the Wall Street is expected to make its come back and show more activity. Currently the market is hot for the smartphone business as Apple Inc. (NASDAQ:AAPL) and Samsung are in a headlock. On one side there’s the mighty iPhone 6 and in the other corner is Note 4. Energy and Oil shares are always on the rise, investors with their money in that sector are covered already. Therefore there isn’t much to be expected this week; it seems to be a slow and steady sail till Friday.
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