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Some of the stocks that may grab investor focus today are:
- Wall Street expects Darden Restaurants, Inc. DRI to report quarterly earnings at $0.82 per share on revenue of $1.72 billion before the opening bell. Darden shares rose 0.55 percent to $61.70 in after-hours trading.
- Cypress Semiconductor Corporation CY announced plans to cut about 8 percent of its workforce. Cypress shares fell 1.32 percent to close at $12.00 on Monday.
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- Analysts expect Micron Technology, Inc. MU to post a quarterly loss at $0.17 per share on revenue of $3.07 billion after the closing bell. Micron shares gained 0.11 percent to $17.75 in after-hours trading.
- salesforce.com, inc. CRM agreed to acquire the marketing data company Krux for around $700 million. salesforce.com shares slipped 0.03 percent to $70.50 in after-hours trading.
- ABB Ltd (ADR) ABB reported a $3 billion share buyback program from 2017 through 2019. The company also plans to retain its Power Grids business. ABB shares rose 0.07 percent to close at $22.52 on Monday.
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