Cloud-computing company Salesforce.com (CRM) is going sky-high on its quarterly report, rising 8%. Earnings came in at 9-cents a share versus expectations of 7-cents. Revenue also beat by almost $20-million at $957.1-million. Salesforce has been expanding from its core business of customer-management software into marketing tools. That included the recent acquisition of ExactTarget for $2.5-billion. Prior to this morning, company shares were up just 2% in 2013, although they've been up 22% over the past year.
Krispy Kreme (KKD) has gone stale since we previewed their earnings yesterday. The stock has been down more than 13%. Here's why: earnings that came in 2-cents short at 14-cents a share excluding items. Revenue was also below expectations at $112.7-million versus $114.91-million. Sales at stores open at least a year rose 10% in the quarter, and the chain reaffirmed its full-year earnings forecast. But growth appears to be slowing.
Splunk (SPLK) has been up almost 10% in early Read More »from Salesforce and Splunk Soar; Krispy Kreme and OmniVision Tank