At last, a batch of earnings announcements that market watchers can really sink their teeth into hits the Street today.
Today's diverse group of companies reporting includes tech titan
. Since Oracle last shared financial results, the company's chief operating officer and president, Ray Lane, has stepped down. Oracle, which has felt the pain of this week's
Nasdaq selloff, closed up yesterday's session $2.44 to $81.81.
Also, listing earnings results today are retail giants
-- which brings us to today's blockbuster economic event, the August
A consumer-spending gauge, the retail report will show whether the economic slowdown is for real. If the numbers come in on the weak side, as expected, Wall Street will take comfort that the pace of the economy has in fact decelerated. In addition to the retail report, investors will get an update on the producer side of the equation, as August's
Producer Price Index
) also comes out today.
Expected Earnings Reports
This table includes S&P 500 companies only. Dates are as expected according to First Call/Thomson Financial, and may change.
Forecasts are from
. Times are Eastern. For a longer-term economic calendar and more, see
- 8:30 a.m.:
Retail Sales for August. Source:
Census Bureau. Forecast: +0.3%. Previous: +0.7%.
Ex-autos. Forecast: +0.3%. Previous: +0.6%.
Producer Price Index for August. Source:
Labor Department. Forecast: +0.2%. Previous: unchgd.
Ex-food and energy. Forecast: +0.2%. Previous: +0.1%.
Initial Jobless Claims for the week ended Saturday. Source:
Labor Department. Forecast: 315,000. Previous: 316,000.
Four-week average. Forecast: n.a. Previous: 317,500.