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 trading week begins with Seadrill (NAS: SDRL) reporting its latest quarterly results on Monday. The provider of offshore drilling services has drawn in some income investors with its 8% yield. It also helps that Seadrill has managed to bump its dividend higher in each of the past three quarters.
Sanderson Farms (NAS: SAFM) isn't chicken. The poultry producer steps up with its quarterly results on Tuesday. Analysts see a profit of $1.20 a share, reversing a steep deficit a year earlier. That isn't chicken feed.
Oxford Industries (NYS: OXM) is the company behind the tropical Tommy Bahama shirts, stylish Lilly Pulitzer dresses, and trendy Ben Sherman sportswear. Oxford also is hoping that its quarterly report is dressed to the nines when it reports on Wednesday.
Splunk (NAS: SPLK) and SAIC (NYS: SAI) are two of the companies reporting on Thursday. Splunk recently went public, and it's the poster child for the "Big Data" trend of massaging online information. SAIC is a government contractor.
SAIC is expected to post a quarterly profit that is marginally improved from last year's showing, while Splunk is looking at its second quarterly deficit in a row since going public at $17 in April.
With a holiday weekend on the way, the market will be awfully quiet on Friday. No major companies are scheduled to report their latest quarterly results, but that doesn't mean news won't happen just because traders want to punch out early.
Check that calendar
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The article The Fool Looks Ahead originally appeared on Fool.com.The Motley Fool owns shares of Seadrill.Motley Fool newsletter serviceshave recommended buying shares of Seadrill. We Fools don't all hold the same opinions, but we all believe thatconsidering a diverse range of insightsmakes us better investors. Try any of our Foolish newsletter servicesfree for 30 days.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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