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 JinkoSolar (NYS: JKS) and Trina Solar (NYS: TSL) reporting their quarterly results. Don't get too excited. Both of the solar-energy companies are expected to post sharply lower profitability than they did a year earlier.
Pandora is the company behind the country's most popular music-streaming website, serving up 1.8 billion hours of customized music in its previous quarter. A lack of profitability has been a problem in the past, and analysts see a small deficit of just $0.01 a share this time around.
Medtronic makes a wide array of medical products. From pacemakers to glucose monitors, Medtronic keeps patients going. Analysts see a quarterly profit of $0.82 a share out of Medtronic, flat with last year's showing.
There aren't too many companies reporting ahead of the Thanksgiving holiday, but report-hungry investors can check in on Diana Shipping (NYS: DSX) . The Greek dry-bulk shipper is expected to post a slight dip in profitability for the quarter.
It's Thanksgiving, but don't think your day will be filled with just turkey legs and NFL games. In an effort to get an early start to the Black Friday rush, several retailers have announced that they will be open for at least a chunk of Thursday. Wal-Mart, Toys "R" Us, and Gap are just some of the major chains that have crushed employee morale by announcing operating hours on Thanksgiving Day.
The market is open for an abridged trading session, but expect things to be light on both the trading and news front. Tend to your family and your leftovers. Oh, right -- and your shopping. Happy Black Friday!
Until next week, I remain,
At the time this article was published The Motley Fool owns shares of Medtronic, Wal-Mart, and Gap.Motley Fool newsletter serviceshave recommended buying shares of and creating a diagonal call position in Wal-Mart. 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.