We are just at the beginning of Q3 and earnings calls for Q2 will be coming from this week. I think widely expected is especially General Electric (GE) on Friday. GE shares closed last week on five years lows on credit concerns. Here are major events for the week.
Monday:
Economic NA
Earnings NA
Tuesday:
Economic Pending Home (-3.0%), Wholesale Inv (0.7%), Consumer Credit (7.0B)
Earnings Greenbrier (GBX), Pepsi Bottling (PBG), Alcoa (AA)
Wednesday:
Economic Weekly Crude
Earnings Acergy (ACGY), Wolverine (WWW), AAR (AIR), Shaw (SGR)
Thursday:
Economic Weekly Claims
Earnings Chattem (CHTT), FC Stone (FCSX), Progressive (PGR), Marriott (MAR), Infosys (INFY)
Friday:
Economic Import / Export, Trade Balance, Michigan (56), Treasury Budget
Earnings General Electric (GE), Rockwell (COL)
The best investments for year 2010
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Monday, July 7, 2008
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As always, I expect AA today to set the tone for earnings season.