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 Polycom (NAS: PLCM) reporting its quarterly results. The corporate-teleconferencing heavyweight equipment generated nearly half of its revenue internationally, making it a decent proxy for the global state of business.
MGIC Investment (NYS: MTG) checks in on Tuesday. The issuer of private mortgage insurance has naturally been in a lousy business since the subprime meltdown. Analysts see the parent company of Mortgage Guaranty Insurance posting a wider deficit on Tuesday.
Delta (NYS: DAL) flies in with its latest financials on Wednesday. There's no need to worry. Aside from American Airlines, the legacy carriers have been posting profitable results lately. Delta should be no exception, as the pros see net income doubling to $0.38 a share for the period.
Under Armour (NYS: UA) reports on Thursday. You have to go all the way back to the end of 2008 to find the last time the company behind performance apparel and athletic footwear didn't beat Wall Street estimates.
The final trading day of the week won't be all that quiet. A couple of earnings reports -- spearheaded by oil giant Chevron (NYS: CVX) -- wraps up a week that marks the early stages of the new earnings season.
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At the time this article was published The Motley Fool owns shares of Under Armour.Motley Fool newsletter serviceshave recommended buying shares of Under Armour, Chevron, and Polycom. 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 andis 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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