shrugging off a potential bomb from
yesterday, the market will have its hands full again today as a host of big-time companies issue their quarterly profit results.
Most notable among the masses are Internet and media giant
, PC maker
, Old Economy mainstay
J.P. Morgan Chase
According to research firm
Thomson Financial/First Call
, AOL-Time Warner is expected to post first-quarter earnings of 20 cents a share, which would match its year-ago EPS. Ahead of earnings, the company said that the subscription base for its
service has exceeded 29 million users worldwide.
Shares of AOL traded up 59 cents, or 1.4%, to $43.90 yesterday.
Check out our
complete list of today's earnings announcements.
In economic news, the February
international trade report and the
leading economic indicators for March are slated for release. With neither expected to have much of an impact on the market, look for the hefty earnings lineup to receive Wall Street's undivided attention.
Forecasts are from
. Times are Eastern. For a longer-term economic calendar and more, see
- 7 a.m.:
Mortgage Applications Survey for the week ended April 14. Source:
Mortgage Bankers Association. Forecast: n.a. Previous: 2427.6.
Purchase Index: Forecast: n.a. Previous: 304.6.
International trade for February. Source:
Commerce Department. Forecast: -$32.91B. Previous: -$33.26B.
Treasury buyback Source:
Bureau of the Public Debt. The Treasury announces the details of tomorrow's reverse auction.
Leading economic indicators for March. Source:
Conference Board. Forecast: -0.3%. Previous: -0.2%.
9 a.m.:Treasury auction announcement. Source:
Bureau of the Public Debt. The Treasury announces the size of its next monthly two-year note auction, next Wednesday.
Consumer Comfort Index for the week ended April 14. Source:
ABC News and
Money Magazine. Forecast: n.a. Previous: 5.