The Market Update

Coming Week: Shaky Ground

Stock quotes in this article: TOL , NSM , JOSB , NOVL , AZO , SCMR , TWTR  

Earnings of Interest

Much of recent concern about the economy has to do with the weak housing market, and the earnings report from luxury-home builder Toll Brothers (TOL Quote) Tuesday could provide more insight into the current state of real estate.

Toll already warned in early November that it doesn't yet see a bottom to the housing market's decline. At the time, the company reported that its revenue for the quarter, ended Oct. 31, fell 10% from a year ago to $1.81 billion.

According to Thomson First Call, analysts expect the homebuilder to post earnings of $1.06 a share for the period when it reports on Tuesday, down from $1.84 last year.

Also on Tuesday, the market will hear from the likes of AutoZone(AZO Quote), Sycamore Networks(SCMR Quote) and Novell(NOVL Quote).

The rest of the week is fairly light in terms of earnings. Among the companies reporting Wednesday are Tweeter(TWTR Quote) and Korn Ferry (KFY Quote).

On Thursday, the market will hear from Movado(MOV Quote), Jos. A Bank Clothiers(JOSB Quote) and National Semiconductor(NSM Quote).

Toronto Dominion Bank(TD Quote) and Global Crossing(GLBC Quote) will be Friday's earnings highlights.

RealMoney Barometer Poll

1 What would best describe your stance heading into the coming week of trading?
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2 Which of these sectors do you think is set to move up in the coming week?
3 Which of these sectors do you think is set to move down in the coming week?


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