The Fool Looks Ahead
There's never a dull week on Wall Street. Let's go over some of the news that will shape the week to come.
The new trading week kicks off with a flurry of quarterly reports. Drugmaker Isis Pharmaceuticals (NAS: ISIS) , travel portal priceline.com (NAS: PCLN) , and security specialist American Science & Engineering (NAS: ASEI) are among the dozens of companies stepping up to the earnings stage.
Hecla Mining (NYS: HL) checks in on Tuesday morning. The country's largest silver producer and oldest precious-metals miner is expected to post a profit of $0.14 a share, comfortably ahead of the $0.11 a share it earned a year earlier.
SodaStream (NAS: SODA) reports on Wednesday. The company behind the popular water-carbonating system and soda syrups went public a year ago, and it remains one of the lucky recent debutantes that's still trading above their IPO prices.
China's leading social-networking website reports on Thursday, but this is probably not the way that Renren (NYS: RENN) mapped it out. The company went public at $14 just six months ago, and it's already trading for less than half of its debut price. A stiff valuation and concerns over China's socially restrictive ways have rained on Renren's parade.
Fridays are sleepy on the earnings front, but that's not stopping D.R. Horton (NYS: DHI) from reporting. Real estate developers may spook some investors, but D.R. Horton is actually projected to post a decent profit this time around, reversing a year-ago deficit.
Until next week, I remain,
At the time this article was published Motley Fool newsletter serviceshave recommended buying shares of priceline.com, American Science & Engineering, and SodaStream International. Try any of our Foolish newsletter servicesfree for 30 days. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors.Longtime Fool contributorRick Munarrizcalls them as he sees them. He owns no shares in any of the stocks in this story and is also part of theRule Breakersnewsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Motley Fool has adisclosure policy.
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