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 home-improvement superstore Lowe's (NYS: LOW) reporting. The retailer has put up sluggish results since the real estate market buckled, and rightfully so. Folks just aren't sprucing up homes when they have underwater mortgages, fearing that banks will take over their digs.
If Lowe's isn't enough, category leader Home Depot (NYS: HD) reports a day later. In an encouraging sign, analysts see both hardware heavyweights posting improved bottom-line results.
Autodesk (NAS: ADSK) reports on Tuesday. Wall Street sees the architecture-software company coming through with a profit of $0.41 a share, well ahead of the $0.32 it earned a year earlier.
We can turn to China on Wednesday, as Dangdang (NAS: DANG) steps up with its quarterly financials.
The market is betting on a small deficit out of the Chinese e-tailer. Dangdang posted quarterly profits in its first two quarters as a public company following last December's IPO, but now it's working on what is likely be its second straight money-losing quarter.
The denim and khaki retailer has nothing in common with the fabless-semiconductor company, but analysts do see both companies posting slightly lower earnings than they did a year earlier.
If Friday is pouring out slowly, blame H.J. Heinz (NYS: DHI) . The ketchup and condiments titan closes out the trading week with its quarterly results.
Until next week, I remain,
At the time this article was published The Motley Fool owns shares of Autodesk, Gap, and Marvell Technology Group.Motley Fool newsletter serviceshave recommended buying shares of Lowe's, Home Depot, and H.J. Heinz and writing covered calls in Lowe's. 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. Rick is also part of theRule Breakersnewsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Motley Fool has adisclosure policy.
Copyright © 1995 - 2011 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.