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 market is closed in observance of New Year's Day, but that doesn't make Monday an eventless holiday.
FedEx (NYS: FDX) kicks in with new rates on Monday, as a nearly 6% average increase across several of its rates rolls out to customers. Will customers pay? Have we been spoiled by speedy parcel deliveries? The answer is "yes" on both counts.
Landec (NAS: LNDC) becomes one of the first companies to post quarterly results come Tuesday afternoon. Analysts see the materials-science company posting a profit of $0.12 a share for the period, 50% ahead of last year's showing.
Mosaic (NYS: MOS) and UniFirst (NYS: UNF) are two of the bigger names reporting on Wednesday. Mosaic helps fertilize farmlands, while UniFirst, despite its bank-ish name, provides workplace uniforms. Only Mosaic is pegged to post improving quarterly results on the bottom line.
Texas Industries (NYS: TXI) and RPM (NYS: RPM) are part of a busiest day of the week when it comes to financial reports. Texas is eyeing a widening deficit, though RPM is projected to post flattish results.
The final trading day of the first week of 2012 brings AZZ (NYS: AZZ) to the earnings stage. The maker of electrical equipment and components is forecasted to ring up net income of $0.79 a share in its report, marginally ahead of the $0.77 a share it posted a year ago.
In short, it's not going to be a quiet week despite the abridged trading.
At the time this article was published The Motley Fool owns shares of AZZ and FedEx.Motley Fool newsletter serviceshave recommended buying shares of FedEx. 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.