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On Tap Today: Biomet Reports Earnings, Import Price Index Released

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Ahead of tomorrow's retail sales ( definition | chart | source ) report, a few economic indicators trickle through the marketplace. But while weekly indicators -- the Mortgage Applications Survey ( definition | chart | source ) and Consumer Comfort Index ( definition | chart ) -- are good gauges of consumer spending, they have low potential to move the market. Similarly, the import and export prices ( definition | chart | source ), though one small piece of the total inflation picture, is not likely to have an impact on today's trading session.

In the earnings spotlight,

Biomet

(BMET)

, a manufacturer of orthopedic devices, reports its first-quarter results.

Also today, investors will keep an eye on the most recent batch of lockup expirations.

Expected Earnings Reports

This table includes S&P 500 companies only. Dates are as expected according to First Call/Thomson Financial, and may change.

Economic Data

(

Forecasts are from

Reuters

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

TheStreet Recommends

TSC's

Economic Databank.

)

  • 7 a.m.: Mortgage Applications Survey for the week ended Friday. Source: Mortgage Bankers Association. Forecast: n.a. Previous: 404.5. Purchase Index Forecast: n.a. Previous: 307.4
  • 8:30 a.m.: Import Price Index. Source: Labor Department. Forecast: +0.5%. Previous: unchgd. Export Price Index. Forecast: n.a. Previous: unchgd.
  • 6:30 p.m.: Consumer Comfort Index for the week ended Saturday. Source: Money Magazine and ABC News. Forecast: n.a. Previous: 34.

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. For information on IPO pricings, filings and aftermarket activity, plus a calendar of upcoming IPOs, check out

TheStreet.com's

IPO data section.

)