Magazine

Calendar


MEDTRONIC (MDT)

Nov. 19, 4 p.m. EsT

The medical device maker releases fiscal second-quarter results in the wake of a recall of faulty heart defibrillator wires. That may slash revenues for the quarter by as much as $250 million.

NORDSTROM (JWN)

Nov. 19, 4 p.m. EsT

The retailer releases third-quarter earnings. This seller of "accessible" luxury goods has cut its third-quarter profit forecast, and the fourth quarter will be tough, too. The holiday season may be the worst in years, making it harder to clear excess inventory.

HEWLETT-PACKARD (HPQ)

Nov. 19, 5 p.m. EsT

The computer maker is getting out of the digital camera market and will take a $30 million charge in the fiscal fourth-quarter report as part of the move. It wants to find a company to create and distribute digital cameras under the HP brand.

CANADIAN ECONOMY

Nov. 20, 7 a.m. EsT

October consumer prices may jump on rising energy costs. However, a surging Canadian dollar is helping to hold down inflation outside energy. But look for the strong loonie to crimp third-quarter profits as reported by the government on Nov. 22.

D.R. HORTON (DHI)

Nov. 20, 8:30 a.m. EsT

The continuing decline in orders for new houses and a cancellation rate on prior orders of nearly 50% should make for some ugly results when the largest U.S. home builder presents its fiscal fourth-quarter earnings.

FREDDIE MAC (FRE)

Nov. 20, 8:30 a.m. EsT

The mortgage financing company releases its third-quarter results. On Nov. 9 it announced the extension of Chairman and CEO Richard Syron's contract through 2009. Renewed credit fears and a subpoena by New York Attorney General Andrew Cuomo pushed the stock price to a seven-year low on Nov. 12.

U.S. HOUSING STARTS

Nov. 20, 8:30 a.m. EsT

Economists expect a decline in October housing starts, one more sign the building plunge has yet to hit bottom.

MITSUBISHI UFJ

Nov. 21, 2:30 a.m. EsT

Interim fiscal year 2008 earnings for Japan's largest bank will take a hit from a writedown on subprime-related investments. A weaker Japanese economy is expected to put pressure on future profits.

U.S. CONSUMER SENTIMENT

Nov. 21, 10 a.m. EsT

The October index of consumer sentiment fell to its lowest level since 1992--outside of a one-month Hurricane Katrina-related shock. November is expected to be less unfavorable.

MILLIONAIRE FAIR

Nov. 22-25

Luxury-goods companies and brands from Audi to mobile phone retailer Vertu show off their wares in Moscow. Several Salvador Dali sculptures will also be on exhibit.

EURO ZONE FACTORY ORDERS

Nov. 22, 5 a.m. EsT

A strong euro and a slowing U.S. economy are hurting euro zone manufacturers. September orders may drop even further after orders grew 5.1% from a year ago in August, the smallest gain this year.


We Almost Lost the Nasdaq
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus