On Tap Today: Big Week of Retail Earnings Kicks Off
Headlining this week's events is the Consumer Price Index ( definition | chart | source ), which will be released Wednesday. The CPI is yet another piece of information that helps market players to figure out the interest-rate puzzle.
Today, Wall Street once again raises the earnings banner. Companies reporting today include retail outfits
Dillard's
(DDS) - Get Dillard's, Inc. Class A Report
and
Toys 'R' Us
(TOY)
. As slower sales have
hammered retail stocks in recent weeks, investors will take a careful look at these earnings to see how they measure up.
Also reporting today is data storage concern
Network Appliance
(NTAP) - Get NetApp, Inc. Report
. Last quarter, the company -- whose products store vast amounts of digital info -- reported a 120% jump in revenue.
Plus:
Choice One Communications'
TheStreet Recommends
(CWON)
lockup expires.
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.
)
- 8:30 a.m.:
Business inventories for June. Source:
Census Bureau. Forecast: N/A. Previous: +0.8%.
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' primer on the subject. The full current lockup list is published separately.
)
