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.