Earnings announcements resume priority standing today, as the market takes its cues from the numerous companies scheduled to report.
Today's highlights include equipment manufacturer
. Thanks to positive reports from chipmakers including
Philadelphia Stock Exchange Semiconductor Index
enjoyed a nice lift last week. If Novellus' numbers impress, those gains will likely be extended.
On the heels of
proposed acquisition of
got a bounce last week. Today, it's one of the many financial services companies scheduled to post earnings.
Also today, investors will be watching
. Over the weekend, these technology companies came off their quiet periods.
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.
Forecasts are from
. Times are Eastern. For a longer-term economic calendar and more, see
- 8:30 a.m.:
Business inventories for May. Source:
Census Bureau. Forecast: N/A. Previous: +0.4%.
IPO Quiet Periods Expiring
Ben Holmes, who heads
ipoPros.com subsidiary, keeps a close eye on quiet-period expirations every week. For more on quiet periods and why they matter, check out Holmes' primer on the subject. The full current quiet-period expirations list is published separately.
Quiet Period End
Credit Suisse First Boston