There’s never a dull week on Wall Street. Let’s go over some of the news that will shape the week to come.
The first trading day of the week kicks off with Apple Inc. (NASDAQ:AAPL)‘s Worldwide Developers Conference summit. The consumer tech giant’s annual event is a gathering for developers, but it’s also been a good time for Apple Inc. (NASDAQ:AAPL) to show off its latest operating system updates and possibly divulge any new products that are on the way.
Apple Inc. (NASDAQ:AAPL) is trading considerably lower than it was during last year’s WWDC event, so investors will be hoping that the company can kick-start its growth with well-received updates.
Piedmont Natural Gas Company, Inc.(NYSE:PNY) hopes to energize investors with its quarterly report on Tuesday. The utility company distributes natural gas to more than a million customers in North Carolina, South Carolina, and Tennessee. The stock’s 3.7% yield may not seem high, but slow and steady growth should give Piedmont Natural Gas Company, Inc.(NYSE:PNY) the ability to increase that payout over time.
The market is typically quiet on Friday, but don’t tell that to social gamers playing The Sims Social, Pet Society, and SimCity Social. Electronic Arts Inc. (NASDAQ:EA) is shutting down all three of the games on Friday.Each game has faded in popularity since peaking, but all three were drawing hundreds of thousands of active players when Electronic Arts Inc. (NASDAQ:EA) decided to nix the diversions. This can’t be healthy for the social-gaming industry. How will folks continue to invest time and money in online communities if they keep getting shut down?
The article The Fool Looks Ahead originally appeared on Fool.com is written by Rick Munarriz.
Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool recommends Apple and Piedmont Natural Gas Company and owns shares of Apple.
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