Calendar
The following is a daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead. For instant headlines on breaking economic and corporate news in the premarket, follow Darcy Keith on Twitter at @eyeonequities and read Inside the Market's Before the Bell report for immediate updates.
Monday, Nov. 18
U.S. National Association of Home Builders releases housing market index for November, forecast to hold steady at 55.
Earnings include:
salesforce.com (Street projects 9-cent profit per share)
Tyson Foods (Street projects 70 cents profit)
Urban Outfitters (Street projects 45 cents profit)
Tuesday, Nov. 19
No major economic reports scheduled.
Earnings include:
Sears Canada
George Weston (Street projects $1.49 Canadian profit)
Best Buy (Street projects 13 cents profit)
Campbell Soup (Street projects 86 cents profit)
The Home Depot (Street projects 89 cents profit)
The TJX Companies (Street projects 74 cents profit)
United Natural Foods (Street projects 54 cents profit)
Medtronic (Street projects 90 cents profit)
LaZBoy (Street projects 24 cents profit)
Wednesday, Nov. 20
Canada releases wholesale trade sales for September, forecast to rise 0.3 per cent from August's 0.5 per cent.
U.S. releases retail sales for October, forecast to hold steady month-over-month after declining 0.1 per cent in September. Excluding autos and gasoline, sales are forecast to rise 0.2 per cent after gaining 0.4 per cent in September.
U.S. releases consumer price index for October, forecast to rise 1.0 per cent from a year earlier after gaining 1.2 per cent in September. Excluding food and energy, CPI is expected to hold steady at 1.7 per cent.
U.S. releases existing home sales for October, forecast to fall 2.7 per cent month-over-month after previously declining 1.9 per cent.
Earnings include:
Deere & Co. (Street projects profit of $1.90)
Gold Fields Limited Sponsored ADR (Street projects profit of 4 cents)
Green Mountain Coffee Roasters (Street projects profit of 75 cents)
J. C. Penney (Street projects loss of $1.70)
Jack in the Box (Street projects 40 cents profit)
Lowe's Companies (Street projects 48 cents profit)
Perry Ellis International (Street projects 4 cents loss)
Staples (Street projects 42 cents profit)
The J. M. Smucker (Street projects $1.59 profit)
Williams-Sonoma (Street projects 55 cents profit)
Thursday, Nov. 21
U.S. releases jobless claims for last week, forecast to fall to 335,000 from 339,000.
U.S. releases producer price index for October, forecast to rise 0.3 per cent from a year earlier - matching the previous month's gain. Excluding food and energy, the index is expected to rsie 1.3 per cent after gaining 1.2 per cent the previous month.
U.S. releases the Market preliminary Purchasing Managers' Manufacturing Index for November, forecast to come in at 52.3.
Earnings today include:
Gildan Activewear (Street projects 83 cents profit)
Tembec (Street projects 4 cents profit)
Abercrombie & Fitch (Street projects 44 cents profit)
Aruba Networks (Street projects 14 cents profit)
Autodesk (Street projects 39 cents profit)
Dollar Tree (Street projects 60 cents profit)
Intuit (Street projects 10 cents loss)
Pandora Media (Street projects 6 cents profit)
The Gap (Street projects 71 cents profit)
Friday, Nov. 22
Canada releases consumer price index for October, forecast to rise 0.9 per cent from a year earlier after rising 1.1 per cent in September. Core CPI is forecast to drop to 1.2 per cent from 1.3 per cent.
Canada releases retail sales for September, forecast to rise 0.4 per cent month-over-month after rising 0.2 per cent in August. Excluding autos, retail sales are forecast to rise 0.3 per cent after gaining 0.4 per cent in August.
No major earnings reports scheduled.