EUROFI CONFERENCE Dec. 3-4
A host of officials, including European Central Bank President Jean-Claude Trichet, and corporate leaders discuss the integration of Euro-pean financial markets at the Eurofi think tank's conference in Brussels.
EURO ZONE VITAL SIGNS Dec. 3, 4 a.m. EST
The November factory activity index starts off a busy week that will show how the region is coping with a strong euro and high oil prices. October retail sales and November service-sector activity data are due on Dec. 5.
U.S. BUSINESS ACTIVITY Dec. 3, 10 a.m. EST
The Institute for Supply Management's November manufacturing index is forecast to fall, indicating a further slowdown in output growth. A Dec. 5 ISM report is expected to show a deceleration in service-sector activity.
PHILLIPS-VAN HEUSEN Dec. 3, 4 p.m. EST
The apparel company is out of fashion among investors. Despite company affirmations that third- and fourth-quarter earnings will be in line with analysts' estimates, the stock is off more than 33% since June.
CANADA RATE CUT? Dec. 4, 9 a.m. EST
Some economists expect the Bank of Canada to cut interest rates by a quarter-point, to 4.25%. The economy is losing momentum, especially in manufacturing and exports, because of a soaring Canadian dollar and tighter credit markets.
AUSTRALIA'S ECONOMY SLOWS Dec. 4, 7:30 p.m. EST
The economy hit a speed bump in the third quarter with real gross domestic product set to moderate. But foreign trade and retail sales, released on Dec. 3 and Dec. 4, respectively, should point to a better fourth quarter.
ART BASEL MIAMI BEACH Dec. 6-9
The companion event to Switzerland's Art Basel is a top U.S. art show. More than 200 art galleries from around the globe will show off their works.
COVIDIEN Dec. 6, 8:30 a.m. EST
The medical products maker's fiscal fourth-quarter results will show a noncash charge of about $255 million from the higher materials and energy costs faced by its retail products segment.
TOLL BROTHERS Dec. 6, 12 noon EST
The housing bust is hitting the high end of the market. The luxury homebuilder will report its first loss ever, for the fiscal fourth quarter. New sales are falling, and purchase cancellations hit 39% in the past quarter.
NATIONAL SEMICONDUCTOR Dec. 6, 4 p.m. EST
The chipmaker, whose products go into devices such as computers, wireless handsets, and LCD monitors, issues earnings results for the fiscal second quarter. Weaker consumer spending could crimp earnings growth in coming quarters.
U.S. LABOR MARKET Dec. 7, 8:30 a.m. EST
November payrolls are expected to show a tepid gain. Businesses tied to housing and manufacturing probably cut jobs, while hiring in other areas was likely strong enough to keep the jobless rate from rising.