On Tap Today: Gillette, Honeywell Report Earnings; December Durable Goods Orders Released - TheStreet

On Tap Today: Gillette, Honeywell Report Earnings; December Durable Goods Orders Released

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On the heels of Alan Greenspan's

less-than-riveting testimony yesterday to the

Senate Budget Committee

, today's recipe calls for a dash of earnings and a pinch of economic data

Today's earnings lineup is bolstered by household product-maker

Gillette

(G) - Get Report

and tech conglomerate

Honeywell

(HON) - Get Report

. On Monday, Gillette appointed a new chairman and CEO in James Kilts, the former

Nabisco

big-wig. As of yesterday's close, shares of Gillette were up 0.4% trading at $33.63

Honeywell, fresh off

its recent deal with

General Electric

(GE) - Get Report

, finished down 0.13% at $47.31.

On the economic front, the

Help Wanted Index and

durable goods orders are due out this morning. Durable goods are considered a key factory-sector indicator and typically moves markets whereas the help wanted index is a virtual rubber stamp.

All in all, a relatively quiet day for earnings season.

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.: Durable goods for December. Source: Census Bureau. Forecast: -1.7. Previous: +2.3%. Ex-Transportation: Forecast: n.a. Previous: +0.4%.
  • 10 a.m.: Help Wanted Index for December. Source: Conference Board. Forecast: n.a.. Previous: 75.