The unofficial closing bells put the DJIA up more than 134 points to 12,503.87 (1.09%), the NASDAQ rose nearly 68 points (2.46%) to 2,847.21, and the S&P 500 rose 1.60% or nearly 21 points to 1,316.00.

There were several analyst upgrades and downgrades today, including Avon Products Inc. (NYSE: AVP) cut to ‘sell’ at UBS; Petrobras (NYSE: PBR) raised to ‘buy’ at SocGen; Safeway Inc. (NYSE: SWY) raised to ‘buy’ at Citigroup; Boeing Co. (NYSE: BA) raised to ‘buy’ at Argus; and Best Buy Co. Inc. (NYSE: BBY) cut to ‘hold’ at BB&T.

Earnings reports since markets closed on Friday have led to some price changes as of the last half hour of trading today: Campbell Soup Co. (NYSE: CPB) is down -2.1% at $32.71; Hastings Entertainment Inc. (NASDAQ: HAST) is up 15.2% at $2.05; Krispy Kreme Doughnuts Inc. (NYSE: KKD) is up 12.3% at $6.75; Lowe’s Companies Inc. (NYSE: LOW) is down -10.1% at $25.60 (more coverage here); Tech Data Corp. (NASDAQ: TECD) is up 0.7% at $47.78; and Tudou Holdings Ltd. (NASDAQ: TUDO) is up 11.3% at $33.37.

Tomorrow we are scheduled to get earnings reports from Autozone Inc. (NYSE: AZO), Best Buy, Guess? Inc. (NYSE: GES), Ralph Lauren Corp. (NYSE: RL), Williams Sonoma Inc. (NYSE: WSM), and Take-Two Interactive Software Inc. (NASDAQ: TTWO).

Other standouts from today include the following stocks:

Facebook Inc. (NASDAQ: FB) is down -11% at $34.03. Following Friday’s massively-hyped IPO and the CEO’s weekend wedding, a falling share price was probably inevitable. More coverage here.

Cooper Industries plc (NYSE: CBE) is up 25.2% at $69.96 after posting a new 52-week high this morning of $70.97. The company is being acquired by Eaton Corp. (NYSE: ETN) for $11.8 billion. More coverage here.

Westport Innovations Inc. (NASDAQ: WPRT) is up 12% at $26.57. The natural gas engine maker has a deal with Volvo for a new truck engine.

Stay tuned for Tuesday. Atlanta Fed President Dennis Lockhart is giving a speech. We have also noted the following events on the schedule (all times Eastern):

10:00 a.m. – Existing home sales
10:00 a.m. – Richmond Fed manufacturing index
11:30 a.m. – 4-week bill auction
1:00 p.m. – 2-year note auction

Paul Ausick

The unofficial closing bells put the DJIA down 74 points to 12,368.47 (-0.59%), the NASDAQ fell nearly 35 points (-1.24%) to 2,778.79, and the S&P 500 fell -0.74% or nearly 10 points to 1,295.17.

There were several analyst upgrades and downgrades today, including LinkedIn Corp. (NYSE: LNKD) reiterated as ‘buy’ with a target price of $135 at Canaccord Genuity; Dendreon Inc. (NASDAQ: DNDN) started as ‘sell’ at Maxim; Bank of Ireland (NYSE: IRE) cut to ‘sell’ at Deutsche Bank; Phillips 66 (NYSE: PSX) started as ‘buy’ at UBS; and Sprint Nextel Corp. (NYSE: S) raised to ‘buy’ at Guggenheim.

Earnings reports since markets closed last night have led to some price changes as of the last half hour of trading today: ANN Inc. (NYSE: ANN) is up 3.25% at $26.69; Brown Shoe Co. Inc. (NYSE: BWS) is up 21.4% at $10.63 (more coverage here); Progressive Corp. (NYSE: PGR) is down -0.1% at $21.32; and Footlocker Inc. (NYSE: FL) is up 8.9% at $30.50.

Next week we are scheduled to get earnings reports fromTech Data Corporation (NASDAQ: TECD); Urban Outfitters Inc. (NASDAQ: URBN); Autozone Inc. (NYSE: AZO); Best Buy Co. Inc. (NYSE: BBY); Dell Inc. (NASDAQ: DELL); PetSmart Inc. (NASDAQ: PETM); Ralph Lauren Corporation (NYSE: RL); Big Lots Inc. (NYSE: BIG); and Hewlett-Packard Co. (NYSE: HPQ) among others.

Other standouts from today include the following stocks:

Renren Inc. (NYSE: RENN) is down -20% at $4.99. The Chinese Internet company is getting whacked on Facebook’s IPO. More coverage here.

GSV Capital Corp. (NASDAQ: GSVC) is down -18.6% at $13.10. The investment company had a nice hunk of Facebook shares at a very low price — all the value is in today. More coverage here.

Zynga Inc. (NASDAQ: ZNGA) is down -16.3% at $6.92 after posting a 52-week low of $6.90 earlier today. Another stock that climbed on Facebook’s back during the run-up to the IPO, shares were stopped by an automatic trigger shortly after FB shares opened today. More coverage here.

Stay tuned for Monday. Atlanta President Dennis Lockhart is giving a speech. We have also noted the following events on the schedule (all times Eastern):

• 10:00 a.m. – Existing home sales
• 10:00 a.m. – Richmond Fed manufacturing index
• 11:30 a.m. – 3- and 6-month bill auctions

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Have a great weekend!

Paul Ausick

These are some of the focus companies reporting earnings in the coming week: Tech Data Corporation (NASDAQ: TECD); Urban Outfitters Inc. (NASDAQ: URBN); Autozone Inc. (NYSE: AZO); Best Buy Co. Inc. (NYSE: BBY); Dell Inc. (NASDAQ: DELL); PetSmart Inc. (NASDAQ: PETM); Ralph Lauren Corporation (NYSE: RL); Big Lots Inc. (NYSE: BIG); Hewlett-Packard Co. (NYSE: HPQ); NetApp Inc. (NASDAQ: NTAP); Pandora Media Inc. (NYSE: P); Toll Brothers Inc. (NYSE: TOL); Costco Wholesale Corporation (NASDAQ: COST); Tiffany & Co. (NYSE: TIF); and VeriFone Systems Inc. (NYSE: PAY).

MONDAY, MAY 21

Tech Data Corporation (NASDAQ: TECD) is set to report and show how the outlook is for the companies which actually distribute all of the technology components and finished smartphones and consumer electronics devices around the world.  Shares were recently under $48 and the 52-week range is $38.21 to $59.29.  The consensus estimate is $1.16 EPS and $6.18 billion in revenue.

Urban Outfitters Inc. (NASDAQ: URBN) is going to show if its turnaround is closer or just still chugging along.  Estimates are $0.20 EPS and $579.2 million in revenue.  Shares were recently around $25.50 and the 52-week range is $21.47 to $33.90; the consensus target price is about $29.70.

TUESDAY, MAY 22

Autozone Inc. (NYSE: AZO) took it hard on the chin recently when rival Advance Auto warned of a difficult second quarter.  This is one of the high-priced stocks and shares are around $366 against a 52-week range of $266.25 to $399.10.  The consensus analyst target price is $419.80; estimates are $6.25 EPS and $2.13 billion in revenue; next quarter estimates are $8.47 EPS and $2.84 billion in revenue.

Best Buy Co. Inc. (NYSE: BBY) is in such disarray that we won’t even bother with the warnings and the caveats here.  Estimates are $0.60 EPS.

Dell Inc. (NASDAQ: DELL) is now trading at only about 7.5-times forward earnings.  Estimates are $0.46 EPS and $14.89 billion in sales.  Earnings have been choppy on guidance but the PC makers and components makers are all talking up the release of Windows 8 as a new catalyst.  With shares trading just under $15.00, the 52-week range is $13.29 to $18.36 and the consensus price target is almost $19.50.

PetSmart Inc. (NASDAQ: PETM) has been a steady “beat earnings and raise guidance” outfit as Americans will pay endless and countless dollars on Fido and Fifi.  Estimates are $0.73 EPS and $1.6 billion in revenue. With shares around $56.00, the 52-week high is $59.36.

Ralph Lauren Corporation (NYSE: RL) has sold off nearly $40 from its highs since March.  The question is how its business has been holding up in slowing markets even if the U.S. sales have been strong.  Estimates are $0.83 EPS and $1.6 billion in sales.  With shares around $143 the 52-week range is $105.00 to $182.48 and the consensus price target from analysts is just over $190.00.

WEDNESDAY, MAY 23

Big Lots Inc. (NYSE: BIG) should be called “Warning Lots” because it has lowered guidance and been hard on two different waves.  With shares under $35 and against a high of $47.22, the premium values of the dollar stores may and discounters may be hurting here.  On the flip side, the bar has been set extremely low.  Estimates are $0.69 EPS and $1.3 billion in revenue.

Hewlett-Packard Co. (NYSE: HPQ) is now around the $22 handle and the news of another 25,000 or more in layoffs (versus 350K as of October 31, 2011) is not helping the growth hopes.  Estimates are $0.91 EPS and $29.92 billion in sales.  The stock now trades at about 6-times earnings, but the consensus price target is down to just over $29.00 as no one wants to pay up for the valuation of this DJIA component.

NetApp Inc. (NASDAQ: NTAP) has been pounded and the last 45 days has looked like a downward staircase on its chart.  At about $34.00, the 52-week range is $33.00 to $56.49 and the consensus price target objective is just over $47.00.

Pandora Media Inc. (NYSE: P) is no longer market-influencing, but it is a cult stock and the earnings could create a large gain or a large drop.  With shares under $10.50, the post IPO range is $7.83 to $26.00.  Estimates are -$0.17 EPS and $74.3 million in revenue.  Can the company make it to profitability by the end of next year?

Toll Brothers Inc. (NYSE: TOL) is expected to be profitable.  A profitable homebuilder!  At $25.50, the 52-week range is $13.16 to $27.80.  A lot of good news already has to be priced in, so we would want to expect upside to remain positive here.  Estimates are $0.04 EPS and $381.9 million in revenue.

THURSDAY, MAY 24

Costco Wholesale Corporation (NASDAQ: COST) almost always beats its earnings estimates.  At $83.75 the 52-week range is $70.22 to $92.10; analysts have a target price of $86.80 or so.   Estimates are $0.87 EPS and $22.1 billion in revenue.

Tiffany & Co. (NYSE: TIF) has come off of its highs significantly and this is the king of jewelry stores for investors.  There will have been two smaller reports ahead of Tiffany in the week with Fred’s and Zale.  Estimates for Tiffany are $0.69 EPS and $816.8 million.  With shares under $61.00, the 52-week range is $56.21 to $84.49 and the consensus price target is $75.63.

VeriFone Systems Inc. (NYSE: PAY) has pulled back by about 20% from its highs, but the woes of the company seem to be behind it.  At $44.80, the 52-week range is $30.25 to $55.89 and the consensus analyst price target is $54.10.  Estimates are $0.61 EPS and $471.5 million in revenue.

As a reminder, dates and estimates can change ahead of earnings and some may have already changed.

JON C. OGG

The unofficial closing bells put the DJIA up nearly 24 points to 13,005.12 (0.18%), the NASDAQ rose more than 20 points (0.69%) to 2,986.76, and the S&P 500 rose 0.34% or nearly 5 points to 1,372.18.

There were several analyst upgrades and downgrades today, including Newmont Mining Corp. (NYSE: NEM) cut to ‘hold’ at TD; Dendreon Corp. (NASDAQ: DNDN) maintained as ‘neutral’ but target price cut to $13 at Credit Suisse; Charter Communications (NASDAQ: CHTR) maintained as ‘outperform’ and target price raised from $60 to $74 at Credit Suisse; Apollo Group Inc. (NASDAQ: APOL) raised to ‘overweight’ at Barclays; and Costco Wholesale Corp. (NASDAQ: COST) started as ‘perform’ at Oppenheimer.

Earnings reports since markets closed last night have led to some price changes as of the last half hour of trading today: Priceline.com Inc. (NASDAQ: PCLN) is up nearly 7% at $632.78 after posting a new 52-week high of $637.88 earlier today (more coverage here); HollyFrontier Corp. (NYSE: HFC) is down -3.7% at $31.91 (more coverage here); Autozone Inc. (NYSE: AZO) is up 2.7% at $375.94 after posting a new 52-week high of $377.78; Carrizo Oil & Gas Inc. (NASDAQ: CRZO) is down -0.5% at $27.47; Domino’s Pizza Inc. (NYSE: DPZ) is up nearly 16% at $38.88 after posting a new 52-week high of $38.90 earlier today (more coverage here); Office Depot Inc. (NYSE: ODP) is up nearly 19% at $3.58; Sanderson Farms Inc. (NASDAQ: SAFM) is down -1.5% at $48.72; Rowan Companies Inc. (NYSE: RDC) is down -6% at $36.20; TechData Corp. (NASDAQ: TECD) is down -6.7% at $53.62; and YRC Worldwide Inc. (NASDAQ: YRCW) is down -13% at $10.31.

Other standouts from today include the following stocks:

Alimera Sciences Inc. (NASDAQ: ALIM) is up about 76% at $4.06. The eyecare drug maker received a positive outcome from a European regulatory body for its ILUVIEN treatment.

Tibet Pharmaceuticals Inc. (NASDAQ: TBET) is up 14% at $1.71. The drug maker is being taken private by its CEO and chairman for $3/share.

Summer Infant Inc. (NASDAQ: SUMR) is up nearly 25% at $5.98. The maker of branded juvenile products announced better than expected earnings this morning.

Pacific Ethanol Inc. (NASDAQ: PEIX) is down more than -26% at $1.19. The ethanol maker’s reported earnings fell short of expectations. More coverage here.

Career Education Corp. (NASDAQ: CECO) is down more than -18% at $9.17. The for-profit education company posted a weak earnings report this morning.

Stay tuned for Wednesday. Federal Reserve chairman Ben Bernanke, Dallas Fed president Richard Fisher, and Philadelphia Fed president Charles Plosser are giving speeches. We have noted the following events on the schedule (all times Eastern):

• 7:00 a.m. – Mortgage Bankers Association purchase applications
• 8:30 a.m. – US GDP
• 9:45 a.m. – Chicago PMI
• 10:30 a.m. – EIA weekly petroleum status report
• 2:00 p.m. – Federal Reserve Beige Book
• 3:00 p.m. – Farm prices

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Paul Ausick

We have compiled earnings estimates using Thomson Reuters consensus targets and have added color if applicable.

Monday, February 27

Charter Communications, Inc. (NASDAQ: CHTR) has estimates of -$0.32 EPS and $1.83 billion in revenue.  Shares hit a new post-restructuring high on Friday and are up over 50% from the 52-week lows.

Dendreon Corporation (NASDAQ: DNDN) has estimates of -$0.23 EPS and $119.8 million in revenue.  Shares are back up around $15.00, still above the mean consensus target of $12.82 from analysts but still down less than half from its 52-week high and up over 100% from its 52-week low.  This is all about the adoption of PROVENGE from doctors and it is expected to be getting back on track.  Watch guidance closely.  2102 estimates are -$1.61 EPS on $392.6 million in sales.

Lowe’s Companies, Inc. (NYSE: LOW) has estimates of $0.24 EPS and $11.34 billion in revenue.  Home Depot already laid the path here with earnings.  Shares are within 5% or so of a 52-week high after pulling back about $1.00 this last week after Home Depot’s earnings.

priceline.com Incorporated (NASDAQ: PCLN) has estimates of $5.05 EPS and $968.3 million in revenue. Next quarter estimates are $3.73 EPS and $1.02 billion in sales.  This company is now entering the area of its business cycle that analysts are going to be expecting $1 billion in sales per quarter.

Tuesday, February 28

AutoZone Inc. (NYSE: AZO) has estimates of $4.04 EPS and $1.78 billion in revenue.  Another high-priced $300+ stock challenging all-time highs.

El Paso Corporation (NYSE: EP) has estimates of $0.29 EPS and $1.35 billion in revenue.

First Solar, Inc. (NASDAQ: FSLR) has estimates of $1.55 EPS and $782.22 million in revenue.  For the following quarter the estimates are $0.77 EPS and $789.3 million in sales.  For 2012, estimates are for earnings top drop on sales growth of 31% to $3.78 billion.  Can you say ‘endless margin compression’ fast enough?  Shares are down about 75% or more from the 52-week high.

Tech Data Corporation (NASDAQ: TECD) has estimates of $1.66 EPS and $7.16 billion in revenue.  All technology companies who ship out products to retail and wholesale channels will watching.

Transocean Ltd. (NYSE: RIG) has estimates of $0.21 EPS and $2.32 billion in revenue.

Vitamin Shoppe Inc. (NYSE: VSI) has estimates of $212.67 million in revenue.  This one might not sound like much with a $1.26 billion value, but many downstream and upstream companies will be watching.

More previews will be coming for those reports coming Wednesday through Friday after the week gets underway.

As a reminder, some estimates and dates may change or may have already changed.

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JON C. OGG

The unofficial closing bells put the DJIA down about 248 points to 11,547.23 (-2.11%), the NASDAQ fell more than 49 points (-1.92%) to 2,523.14, and the S&P 500 fell -1.86% or more than 22 points to 1,192.99.

There were several analyst upgrades and downgrades today, including Apple Inc. (NASDAQ: AAPL) reiterated as ‘buy’ with a $500 price target at Credit Suisse. Other ratings actions included DeVry, Inc. (NYSE: DV) cut to ‘underperform’ and ‘Bear of the Day’ at Zack’s; Morgan Stanley (NYSE: MS) raised to ‘buy’ at Argus; Qualcomm Inc. (NASDAQ: QCOM) reiterated as ‘buy’ with a $72 price target at Argus; Target Corp. (NYSE: TGT) cut to ‘neutral’ at JPMorgan; and Western Digital Corp. (NYSE: WDC) raised to ‘overweight’ at Barclays.

Here are today’s big post-earnings news reactions with prices during the last half-hour of trading: Hastings Entertainment Inc. (NASDAQ: HAST) was down more than -13%, at $1.65, after posting a new 52-week low of $1.55; Tech Data Corp. (NASDAQ: TECD) was down -0.9%, at $47.47, and Tyson Foods Inc. (NYSE: TSN) was up about 0.3% at $19.51. We took a closer look at Tech Data’s earnings earlier today.

After markets close today and before they re-open for tomorrow, there will be an avalanche of earnings reports. Perhaps the most closely watched will be Hewlett-Packard Co. (NYSE: HPQ) and a half dozen Chinese solar PV makers: JinkoSolar Holding Solar Co. Ltd. (NYSE: JKS), Trina Solar Ltd. (NYSE: TSL), Canadian Solar Inc. (NASDAQ: CSIQ), JA Solar Holdings Co. Ltd. (NASDAQ: JASO), LDK Solar Co. Ltd. (NYSE: LDK), and Suntech Power Holdings Co. Ltd. (NYSE: STP). Shares in all these solar makers are down today, as investors anticipate the bad news that’s coming.

Several other standouts from today are as follows…

LinkedIn Corp. (NASDAQ: LNKD) is down more than -4%, at $68.95. The company’s 180-day lock-up period ended today, adding another 24 million shares of the company available for sale. LinkedIn tied up another 56 million shares for an additional 90 days or the damage could have been worse.

Pharmasset, Inc. (NASDAQ: VRUS) is up nearly 85%, at $134.03, after hitting a new 52-week high of $135. The company has agreed to be acquired by Gilead Sciences Inc. (NASDAQ: GILD) for $11 billion.

Gilead Sciences, Inc. (NASDAQ: GILD) is down nearly -9.7%, at $36.02, after posting a new 52-week low of $34.45. Investors tend to believe that Gilead is paying too much for Pharmasset.

Focus Media Holding Ltd. (NASDAQ: FMCN) is down nearly -39%, at $15.56. The Chinese advertising company is the target of a report by short-selling firm Muddy Waters alleging that Focus Media has signififcantly overstated the number of screens in its LCD network.

Global Education and Technology Group Ltd. (NASDAQ: GEDU) is up more than 97%, at $10.60, after posting a new 52-week high of $10.70. The company is being acquired by Pearson plc, owner of the Financial Times newspaper and other media properties.

Regeneron Pharmaceuticals Inc. (NASDAQ: REGN) is up more than 10%, at $55.02. The company received USDA approval for its eye drug Eylea.

Zillow, Inc. (NYSE: Z) is down more than -13%, at $23.52, after posting a new 52-week low of $22.55. There is no specific news about the company, but, like LinkedIn, a pile of shares will be available on the market when the company’s lock-up period ends in about another two months.

Stay tuned for Tuesday. In addition to the earnings reports we’ve mentioned, here’s a list of other noteworthy events (all times Eastern):

• 7:45 a.m. – International Council of Shopping Centers-Goldman Sachs retail sales report
• 8:30 a.m. – US third-quarter GDP report revisions
• 8:30 a.m. – BEA corporate profits report
• 2:00 p.m. – Federal Open Market Committee minutes released

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Paul Ausick

Tech Data posted third-quarter EPS of $1.26 on revenue of $6.59 billion, compared with consensus estimates for EPS of $1.27 on revenue $6.74 billion. The company also noted that it was “realigning” its resources in Europe and that it expects that to cost it $15 million in the fourth quarter. The company expects “flat to low single-digit sales growth” in both its Americas and Europe segments. No word on profit expectations.

Both Synnex and Arrow have provided brighter outlooks, with Arrow raising its EPS guidance to $1.25-$1.37 for the fourth quarter, solidly above the previous consensus of $1.25. Synnex raised its fourth-quarter EPS guidance above the consensus estimate $1.06 to $1.11-$1.15.

Avnet and Arrow, like Tech Data, missed third-quarter EPS estimates by a penny or two. And with the rather bleak global economics forecasts, especially for Europe, any optimism for better earnings and revenues in wholesale sales seems misplaced. Short-term help could come as a result of recent flooding in Thailand, which will lower the supply of everything from disk drives to chips and raise the prices for these items until full production returns.

Just to offer a glimpse at potential value among the wholesalers, here’s a quick look at potential upside for these five stocks based on share prices collected at mid-morning today.

Tech Data has a median target price of $53.50, and its current share price is $46.13, for a potential gain of about 15.6%. Ingram Micro’s target price is $21.00, and its current price is $17.91, for a potential gain of 17%. Synnex has a median target price of $32.00, and a current price of $28.70, for a potential gain of about 11.5%. Arrow’s median target price is $43.00 and its current price is $34.78, for a potential gain of 23.6%. Avnet’s median target price is $37.00 and its current price is $28.14, for a potential gain of 31.5%.

Every one of these upside numbers is pretty rich, and even if the optimistic earnings forecasts from Synnex and Arrow materialize this quarter, there doesn’t seem to be any reason now to expect that optimism to carry over into 2012. The European economy is about to become a shambles, and the super committee of the US Congress is about to declare failure in reaching an agreement on budget cuts which will trigger $1.2 trillion in automatic cuts to the 2013 budget. Spending contraction is not what these companies need.

Tech Data’s shares are off more than -3.7% this morning, at $46.12, in a 52-week range of $38.21-$54.25. The company’s earnings and Avnet’s announced $1 billion credit facility — coupled with an overall 300-point drop in the DJIA this morning — are dragging all these wholesalers down today, by -2.5% to nearly -4%.

Paul Ausick

We have compiled detailed earnings reports, showing price activity, Thomson Reuters estimates, and added color if applicable on each.  We also included a Thomson Reuters consensus price target on each to show expected values.

Qihoo 360 Technology Company Limited (NYSE: QIHU) reports on Monday. Thomson Reuters has estimates of $0.04 EPS and $20.31 million revenues; next quarter estimates are $0.05 EPS and $24.12 million revenues.  Shares are trading around $29.50 and the 52-week trading range is $24.01 to $36.21.  This could influence how some of the post-IPO high-flying Chinese companies trade, but we’ll see.  The consensus price target is $35.00.

Tech Data Corporation (NASDAQ: TECD) reports on Monday. Thomson Reuters has estimates of $1.05 EPS and $6.4 billion revenues; next quarter estimates are $1.01 EPS and $6.23 billion revenues.  Shares are trading around $53.40 and the 52-week trading range is $34.82 to $54.25 and its average price target is $55.93.  Tech Data offers key insight into the number of unit items being shipped around the world and distributed in technology products and consumer electronics.

Applied Materials Inc. (NASDAQ: AMAT) reports on Tuesday after the close. Thomson Reuters has estimates of $0.37 EPS and $2.77 billion revenues; next quarter estimates are $0.39 EPS and $2.82 billion revenues.  Shares are trading around $14.10 with a consensus price target of $17.63 and the 52-week trading range is $10.27 to $16.93.  As the company is in a merger, we expect no nasty surprises from the top chip equipment maker.

Autozone Inc. (NYSE: AZO) reports on Tuesday. Thomson Reuters has estimates of $4.99 EPS and $1.92 billion revenues; next quarter estimates are $6.82 EPS and $2.58 billion revenues.  Shares are trading around $277.00, its consensus price target is $275.63 and the 52-week trading range is $177.66 to $288.50.

Medtronic Inc. (NYSE: MDT) reports on Tuesday. Thomson Reuters has estimates of $0.93 EPS and $4.29 billion revenues; next quarter estimates are $0.84 EPS and $4.00 billion revenues.  Shares are trading around $42.25. its consensus price target is $42.27, and the 52-week trading range is $30.80 to $43.33.

TiVo Inc. (NASDAQ: TIVO) reports on Tuesday and we expect the main focus to be around its patent and I.P. case that recently drove shares. Thomson Reuters has estimates of -$0.31 EPS and $41.98 million revenues; next quarter estimates are -$0.28 EPS and $47.71 million revenues.  Shares are trading around $9.50, it has a loose consensus price target is $14.82 (treat that as very loose), and the 52-week trading range is $6.92 to $12.65.

99 Cents Only Stores (NYSE: NDN) reports on Wednesday. Thomson Reuters has estimates of $0.26 EPS and $372.76 million revenues; next quarter estimates are $0.27 EPS and $362.19 million revenues.  Shares are trading around $20.20, its consensus analyst price target is $20.50, and the 52-week trading range is $13.12 to $20.59.

Computer Sciences Corp. (NYSE: CSC) reports on Wednesday. Thomson Reuters has estimates of $1.16 EPS and $4.23 billion revenues; next quarter estimates are $0.97 EPS and $4.02 billion revenues.  Shares are trading around $44.65, its consensus price target is $49.95 from analysts, and the 52-week trading range is $39.61 to $56.61.  CSC is one which has just remained a serial disappointment.

By time and date, we have included earnings estimates from Thomson Reuters, added in color on each, and have shown some general price and value data if applicable.

AutoZone Inc. (NYSE: AZO) reports Tuesday morning and Thomson Reuters has estimates for the auto-parts supplier of $3.05 EPS and $1.63 billion in revenue; estimates for the current quarter are $4.85 EPS and $1.91 billion in revenues.  With shares trading around $256.00, the 52-week trading range is $162.57 to $276.00.

Tech Data Corporation (NASDAQ: TECD) will offer some keen insight on the warehousing of and the delivery trends of the world’s technology purchases.  Thomson Reuters has estimates of $1.43 EPS and $6.87 billion in revenues.  With shares around $50.00, its 52-week trading range is $34.82 to $51.37.

Dendreon Corporation (NASDAQ: DNDN) reports after the close on Tuesday.  Our take is that investors will be looking for guidance over real results as there are still small numbers generated so far due to what is a minimal production scale of Provenge.  Prior 2011 guidance was promised to be very back-end loaded and that poses risks if there are any delays as it ramps up capacity. Another outstanding issue is the reimbursement rates and the use of on-label versus off-label use.  Thomson Reuters has estimates of -$0.49 EPS and $24.68 million in revenues.  For the current quarter still ongoing, Thomson Reuters has estimates of -$0.59 EPS and $29.44 in revenues.  With shares around $33.70, its 52-week range is $25.78 to $57.67 and it closed out 2010 at $34.92.

St. Joe Company (NYSE: JOE) is due after the close on Tuesday and it has canceled its conference call now that the CEO just stepped down and the company has brought back in Bruce Berkowitz and three new directors in an activist investor raid. Thomson Reuters has estimates of -$0.09 EPS and $24.3 million in revenues.  For the current quarter still ongoing, Thomson Reuters has estimates of -$0.06 EPS and $25.45 in revenues. With shares around $27.80, its 52-week range is $17.04 to $37.44 and it closed out 2010 at $21.85.

Costco Wholesale Corporation (NASDAQ: COST) is due with its earnings Wednesday morning and we have a positive bias after seeing Target, Wal-Mart and others this last week.  Just watch out for what is a premium valuation.  Thomson Reuters has estimates of $0.78 EPS and $20.52 billion in revenues.  For the current quarter still ongoing, Thomson Reuters has estimates of $0.75 EPS and $19.37 in revenues.  With shares around $74.50, its 52-week range is $53.41 to $75.48 and it closed out 2010 at $72.01.

Advanced Micro Devices (NYSE: AMD) Maintained Buy and $14 target at Broadpoint AmTech.
Apollo Group (NASDAQ: APOL) Raised to Sector Perform at RBC Capital.
Bell Microproducts (NASDAQ: BELM) Cut to Hold at Needham.
BWAY Holding (NYSE: BWY) Cut to Neutral at JPMorgan.
Enbridge Inc. (NYSE: ENB) Cut To Neutral From Buy By UBS.
Generac Holdings (NASDAQ: GNRC) Started as Neutral at Goldman Sachs.
Ingram Micro (NYSE: IM) Started as Equal-weight at Barclays.
Lions Gate Entertainment (NYSE: LGF) Started as Buy at Soleil.
Neutral Trandem (NASDAQ: TNDM) Cut to Perform at Oppenheimer.
Tech Data (NASDAQ: TECD) Started as Equal-weight at Barclays.

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JON C. OGG