Wall Street This Week: Tesla Rolls, Paychex Tolls
Monday -- Big Shoes to Fill in Late-Night Programming
After a hiatus that lasted a couple of weeks, "The Daily Show" returns Monday to Viacom's (VIA) Comedy Central with a new host. Jon Stewart retired from the iconic late-night show last month, closing things out with a bang as the show won of a ton of Emmy awards last week.
Trevor Noah takes over as the host of the show that has historically leaned politically to the left, skewering primarily the right. The South African comedian promises to bring his own identity to the show, and we'll have to see how the ratings play out in the coming weeks to see if Stewart's fan base sticks around.
Tuesday -- X Marks the Spot
A new Tesla Motors (TSLA) vehicle will officially launch Tuesday. The first of Tesla's Model X -- a state-of-the-art crossover SUV -- will roll off the assembly line at a media event Tuesday night.
The Model X is cool, complete with rear falcon-wing doors that open up instead of out. It's not cheap. The Model X was initially supposed to cost as much as the current Model S sedan, but Tesla eventually conceded that it would have to be priced at $5,000 more.
The crossover SUV has been delayed and folks have been placing down payments on the vehicle for three years. Now it's time to see if the all-electric vehicle was worth the wait.
Wednesday -- The Check's in the Mail
It's a pretty quiet week on the earnings front, but Paychex (PAYX) is one of the handful of companies reporting quarterly results Wednesday. Paychex is a leading provider of payroll and other human resources-related services. It has roughly 590,000 payroll clients, accounting for 1 of every 15 paychecks in the private sector.
Analysts see year-over-year growth of about 8 percent in revenue and earnings. If it falls short, it may lead some economists to wonder if corporate America is slowing down.
Thursday -- Spicing Things Up
Spice giant McCormick (MKC) chimes in Thursday with its fresh financials. Wall Street pros aren't holding out for much. They see flat sales growth and a decline in profitability. However, McCormick has consistently landed ahead of analyst income targets over the past year.
McCormick announced earlier this month that it would be expanding its organic and non-GMO offerings. It's a sign of the times, even on the spice rack.
Friday -- Mars Attacks
"The Martian" opens Friday at a multiplex near you. 20th Century Fox (FOX) is the studio behind the movie that stars Matt Damon as an astronaut who gets left behind on Mars and is presumed dead. Spoiler alert: He isn't dead. Ridley Scott is directing, and he's no stranger to sci-fi, having worked on "Alien," "Prometheus" and "Blade Runner." His new movie should be the top draw at the box office over the weekend.
Motley Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool owns and recommends Tesla Motors. The Motley Fool recommends McCormick. Try any of our Foolish newsletter services free for 30 days and check out our free report for one great stock to buy for 2015 and beyond.