On Tap Today: Productivity and Unit Labor Costs, Factory Orders
Headlining today's schedule of economic events is the release of the first-quarter
Wall Street players monitoring inflationary cues will keep an eye on the data, which are released by the
Labor Department before the opening bell. In addition,
In earnings news, food and drug retailer Albertson's (ABS) will issue profit results for its fiscal first quarter. According to research firm Thomson Financial/First Call, the company is expected to post first-quarter earnings of 45 cents a share, compared with 53 cents a share in the year-ago quarter. Ahead of earnings, the Boise, Idaho-based company named Ertharin Cousin senior vice president, public relations and government affairs.
Shares fell 58 cents, or 2%, to $27.90 yesterday.On the IPO front, today marks the end of the lockup period for the start-ups listed below.
Economic Data( Forecasts are from Reuters . Times are Eastern. For a longer-term economic calendar and more, see TSC's
IPO Lockups Expiring(TheStreet.com's Michael Falbo, who writes a column for TSC's
|Lockup End||Deal Name||Symbol||Lead Underwriter|
|6/5/01||Garmin||(GRMN:Nasdaq)||Credit Suisse First Boston|
|6/5/01||Harvard Bioscience||(HBIO:Nasdaq)||Thomas Weisel|
|6/5/01||Specialty Laboratories||(SP:NYSE)||Merrill Lynch|
|* = Lockup expiration may be extended or modified by a pending secondary offering.|
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