On Tap Today: Banc of America Tech Week, FOMC Confab Get Underway

Check out the day's big earnings reports, economic data, IPO lockup expirations, mutual-fund news and more, right here.
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The

Federal Open Market Committee

starts its two-day meeting today, but there may be more suspense at the

Banc of America Securities Technology Week 2000

conference, also commencing today. Every primary dealer on Wall Street expects the

Fed

to raises rates by 25 basis points, but who knows what, exactly, we'll hear from

Commerce One

(CMRC)

,

JDS Uniphase

(JDSU)

,

Qualcomm

(QCOM) - Get Report

and the other heavy hitters presenting in San Francisco?

Also below, check out the latest mutual-fund moves, IPO lockup expirations and more.

Expected Earnings Reports

(

This table includes S&P 500 companies only. Dates are as expected according to First Call/Thomson Financial, and may change. The full week's earnings calendar is published separately.

)

Economic Data

(

Forecasts are from

Reuters

Times are Eastern. For a longer-term economic calendar and more, see

TSC's

Economic Databank.

)

  • 9 a.m.:BTM/Schroder Weekly Chain Store Sales Index for the week ended Jan. 29. Source: Schroder. Forecast: N/A. Previous: +1.0%.
  • 10 a.m.:Purchasing Managers' Index for January. Source: National Association of Purchasing Management. Forecast: N/A. Previous: 55.5.
  • 10 a.m.:Construction spending for December. Source: Census Bureau. Forecast: -0.3%. Previous: +2.6%.
  • 10:30 a.m.:Redbook Retail Average for the month through Jan. 29, vs. December. Source: LJR Redbook. Forecast: N/A. Previous: +1.7%.

Conferences and Meetings

Federal Open Market Committee

meeting, Washington. First of two days.

Banc of America Securities Technology Week 2000

,

Ritz-Carlton

, San Francisco. First of four days. Public companies presenting today (times Eastern):

IPO Lockups Expiring

(TheStreet.com's

Ben Holmes, who heads

TSC's

ipoPros.com subsidiary, keeps a close eye on lockup expirations every week. For more on lockups and why they matter, check out Holmes' column on the subject.

)

Lockup End

Deal Name

Symbol

Lead Underwriter

2/1/00

Cobalt

(CBLT:Nasdaq)

Robertson Stephens

2/1/00

Datalink

(DTLK:Nasdaq)

Needham

2/1/00

Interactive Pictures

(IPIX:Nasdaq)

J.P. Morgan

2/1/00

Mission Critical Software

(MCSW:Nasdaq)

Hambrecht & Quist

2/1/00

Tumbleweed Communications

(TMWD:Nasdaq)

Credit Suisse First Boston

Fund News

Today

Marsico 21st Century Fund

, a new growth fund from

Marsico Capital

, launches and

(LLPFX) - Get Report

Longleaf Partners, a respected value fund closed since June, reopens to new investors. For details on both funds, check out

TSC

Personal Finance's new recurring feature,

Fund Openings, Closings, Manager Moves.

And 13 Fidelity funds will get new managers today, in the wake of money manager George Vanderheiden's

retirement. Here's a scorecard: