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 Brady Corp. (NYS: BRC) reporting its latest quarterly results. Analysts expect the identification-solutions provider to earn $0.60 a share, well ahead of the $0.49 it rang up a year earlier.
The weight of the world -- at least World 8.4 -- will be on Nintendo's (OTC BB: NTDOY.PK) shoulders come Tuesday, when it hosts a 3DS event in Tokyo. It shocked gamers by cutting prices on the high-tech handheld gaming system by 32% this summer, just months after its March debut.
New games? New accessories? We'll see, though shares of Nintendo can use a break after hitting a five-year low this summer.
Another former darling that has been a glutton for punishment -- Best Buy (NYS: BBY) -- reports its latest quarterly financials on Tuesday. Best Buy has posted three consecutive quarters of year-over-year declines in profitability, and analysts think the consumer-electronics giant will stretch that streak to four quarters.
The Ascena name may not be familiar, but its retail chains -- dressbarn, maurices, and Justice -- are shopping-mall staples. CLARCOR is a filtration-products maker. The two companies don't have a lot in common, but both are expected to post higher earnings this time around.
AAR (NYS: AIR) touches down on Thursday. The provider of products and value-added services for the aerospace industry is also expected to post higher earnings than it did a year higher. That's altitude, my friend.
It's quiet on the earnings front to close out the week, but that's the way Fridays in September usually are. Make the most of the lull by researching your next market buys.
Until next week, I remain,
At the time this article was published The Motley Fool owns shares of Best Buy.Motley Fool newsletter serviceshave recommended buying shares of Nintendo and formerly recommended Best Buy. 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 isalso 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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