This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

On Tap Today: Housing Starts, Earnings Reports by Goldman Sachs, Lehman

Today the market will get earnings releases from companies including Jabil Circuit (JBL - Get Report), Best Buy (BBY), American Greetings (AM), Goldman Sachs (GS - Get Report) and Lehman Brothers (LEH).

Jabil Circuit, a provider of electronic manufacturing services, is slated to report after the close. Twenty-nine analysts polled by Thomson Financial/First Call expect the company to earn 16 cents a share. Jabil earned 21 cents in the year-ago period.

Specialty retailer Best Buy is also on the earnings calendar for Tuesday. Wall Street is expecting the company to earn 23 cents a share in the fiscal first quarter. The company earned 34 cents in the year-ago period.

Analysts expect investment banking concern Lehman Brothers to earn $1.14 a share in the second quarter, down from $1.39 during the same period last year. Goldman is expected to earn $1.06 a share for the second quarter, down from $1.48 a year ago. Analysts are expecting American Greetings to post first-quarter earnings of 25 cents, which is well short of the 60 cents the company made in the same period a year ago.

Economic Data

( Forecasts are from Reuters . Times are Eastern. For a longer-term economic calendar and more, see TSC's Economic Databank. )

  • 8:30 a.m.: Housing Starts for May. Source: Census Bureau. Forecast: 1.593M. Previous: 1.609M. Building Permits - Forecast: n.a. Previous: 1.587M.

  • 9 a.m.: BTM-UBSW Weekly Chain Store Sales Index for the week ended June 18. Source: Bank of Tokyo-Mitsubishi and UBS Warburg. Forecast: n.a. Previous: +0.3%.

  • 9 a.m.: Redbook Retail Average for the month through June 18, vs. May. Source: LJR Redbook. Forecast: n.a. Previous: +0.4%.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
GS $197.99 0.00%
JBL $23.69 0.00%
AAPL $130.28 0.00%
FB $81.53 0.00%
GOOG $565.06 0.00%

Markets

DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs