What’s Ahead Next Week (MAR 19 to 23, 2007)

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published

Next week is a farily light calendar, but we should at least get some more confessions from companies who are going to fall short of guidance as this will mark two weeks from the end of the quarter.  Companies often know of cancelled or order pushouts by then.  Of course some may also have already made their quarter as well and issue upside guidance.  Any of these dates can change without notice and there will be a more detailed release over the weekend for the events ahead.

MONDAY MARCH 19
Earnings: Movie Gallery (MOVI) $0.25e, PetroChina (PTR)
Conference/Presentation: Boeing (BA) aircraft updates

TUESDAY MARCH 20
FEB Housing Starts & Building Permits
Earnings: Adobe (ADBE) $0.29e, Oracle (ORCL) $0.23e; YAMANA Gold (AUY) $0.03e

WEDNESDAY MARCH 21
215 PM EST FOMC STATEMENT ON RATES
Earnings: ChinaMobile (CHL), Darden (DRI), FedEx (FDX), Mobile Telesystems (MBT), Morgan Stanley (MS).

THURSDAY MARCH 22
Leading Economic Indicators (FEB)
Weekly Jobless Claims
Earnings: 3COM (COMS) $0.01e, Borders (BGP) $1.68e, Cost Plus (CPWM) $0.85e, General Mills (GIS) $0.70e, Jabil $0.36e, KB Home (KBH) $0.27e, Nike (NKE) $1.33e, Palm (PALM) $0.12e, William-Sonoma (WSM) $1.03e

FRIDAY MARCH 23
Existing Home Sales (FEB)

As a reminder, Monday is looking like a slow day and that may be a good thing since St. Patrick’d Day is this weekend.  As of the 2000 Census, there were 34 million Americans that claim Irish heritage; but on St. Patrick’s Day there are probably about 134 million either pretending to be Irish or who at least make sure their liver is Irish.

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

Continue Reading

Top Gaining Stocks

HPE Vol: 153,197,465
ENPH Vol: 8,360,053
GLW Vol: 18,152,646
APTV Vol: 6,761,325

Top Losing Stocks

TTD Vol: 21,905,513
INTU Vol: 7,383,018
CTRA Vol: 73,319,495
CBOE Vol: 5,000,011
HP
HPQ Vol: 29,259,826