New Week Intro August 8, 2010
Important U.S. earnings this week:
- Monday: Hospitality Properties Trust (HPT), Salix Pharmaceuticals (SLXP), Tyson Foods (TSN), Quicksilver Resources (KWK), King Pharmaceuticals (KG), Hawaiian Electric Industries (HE), Scripps Networks Interactive (SNI)
- Tuesday: CareFusion (CFN), The Scotts Miracle Group (SMG), Walt Disney (DIS), Fossil (FOSL), TW Telecom (TWTC), Gartner (IT), Cree (CREE)
- Wednesday: Cisco Systems (CSCO), Dril-Quip (DRQ), Macy’s (M), Computer Sciences (CSC), Advance Auto Parts (AAP), Avnet (AVT), URS Corporation (URS)
- Thursday: Nordstrom (JWN), DeVry (DV), Perrigo (PRGO), Sara Lee (SLE), Bally Technologies (BYI), NVIDIA (NVDA), Autodesk (ADSK), Kohl’s (KSS), Estee Lauder (EL), Wendy’s/Arby’s Group (WEN), Broadridge Financial Solutions (BR)
- Friday: J. C. Penney Company (JCP)
Important U.S. economic data:
- Monday: -
- Tuesday: NFIB Small Business Optimism Index, ICSC-Goldman Store Sales, Productivity and Costs (Nonfarm productivity - Prior:2.8%, Consensus: 0.0%; Unit labor costs – Prior: -1.3%, Consensus: 1.5% ), Redbook, Wholesale Trade,
FOMC Meeting Announcement (Prior: 0 to 0.25%, Consensus: 0 to 0.25% ) - Wednesday: MBA Purchase Applications, International Trade (Prior: $-43.2 B, Consensus: $-42.5 B ), EIA Petroleum Status Report, Treasury Budget (Prior: $-68.4 B, Consensus: $-170.0 B)
- Thursday: Jobless Claims (Prior: 479.000, Consensus: 460.000), Import and Export Prices, EIA Natural Gas Report, Fed Balance Sheet, Money Supply
- Friday: Consumer Price Index ( CPI - Prior: -0.2% Consensus: 0.2%; CPI less food & energy - Prior: 0.2%, Consensus: 0.1%), Retail Sales ( Retail Sales - Prior: -0.5%, Consensus: 0.5%; Retail Sales less autos - Prior: -0.1%, Consensus: 0.2%), Consumer Sentiment (Prior: 67.8, Consensus: 69.0 ), Business Inventories
