On August 23, Albertson's (ABS) -- the nation's second largest supermarket chain -- warned that it expects to report second-quarter earnings well below analysts' estimates.
Needless to say, investment houses hacked away at their ratings for the retailer and investors punished the stock. So, when Albertson's officially announces results today, Wall Street investors won't be too surprised, since the company's performance has already been priced into the market.
Also today, investors will be on the lookout for news from the Internet sector as the
Robertson Stephens Internet Conference
kicks off in San Francisco. Plus: Wall Street watches a host of tech issues, as their lockups expire.
Expected Earnings Reports
This table includes S&P 500 companies only. Dates are as expected according to First Call/Thomson Financial, and may change.
IPO Lockups Expiring
Ben Holmes, who heads
ipoPros.com subsidiary, keeps a close eye on lockup expirations every week. For more on lockups and why they matter, check out Holmes' primer on the subject. The full current lockup list is published separately. For information on IPO pricings, filings and aftermarket activity, plus a calendar of upcoming IPOs, check out
IPO data section.
Conferences and Meetings
Robertson Stephens Internet Conference: The Next Generation
, San Francisco. First of four days. Companies presenting include: