Company News For August 24, 2017

CRM LOW INTU

·         Shares of Salesforce.com Inc (CRM - Free Report) surged 0.1% after posting second-quarter fiscal 2018 earnings per share of $0.33, beating the Zacks Consensus Estimate of $0.31

·         Intuit Inc.’s (INTU - Free Report) shares dipped 1.9% after the company announced that Chief Financial Officer R. Neil Williams would step down in January

·         Shares of Lowe Inc. (LOW - Free Report) declined 3.7% after second-quarter fiscal 2017 adjusted earnings of $1.57 per share, missing the Zacks Consensus Estimate of $1.62

·         Cree Inc.’s shares declined 3.6% after reporting fourth quarter 2017 non-GAAP earnings of $0.04, missing the Zacks Consensus Estimate by $0.01

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