On Tap Today: Motorola Sings a Song of Earnings; More Greenspan
All eyes are on earnings today as the season heats up. Companies scheduled to report include: Abbott Laboratories (ABT) - Get Abbott Laboratories Report, Bestfoods (BFO) - Get BlackRock Florida Municipal 2020 Term Trust Report, Motorola (MOT) and Office Depot (ODP) - Get ODP Corporation Report.
As market observers digest these earnings reports this evening, they'll tune into
Federal Reserve
Chairman
Alan Greenspan
, as he addresses the
Council on Foreign Relations
.
Expected Earnings Reports
(
This table includes S&P 500 companies only. Dates are as expected according to First Call/Thomson Financial, and may change.
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)
Economic Data
(
Forecasts are from
Reuters
. Times are Eastern. For a longer-term economic calendar and more, see
TSC's
Economic Databank.
)
- 7 a.m.:
Mortgage Applications Survey for the week ended Friday. Source:
http:www.mbaa.org/news/. Forecast: N/A. Previous: 338.5. Includes
Refinancing Index. Also includes
Purchase Index. Forecast: N/A. Previous: 318.1.
1:30 p.m.: TIPS Auction. Source:
http://www.publicdebt.treas.gov/. The Treasury announces the results of its auction of 10-year Treasury Inflationary Protected Securities, or TIPS, at which $5 billion of securities will be sold, with bids due at 1 p.m.
6:30 p.m.:
Consumer Comfort Index for the week ended Saturday. Source:
Money Magazine and
ABC News. Forecast: N/A. Previous: 25.
Speeches and Testimony
- 7:30 p.m.: Federal Reserve Chairman Alan Greenspan addresses the Council on Foreign Relations.
