On Tap Today: Retail Sales Report Hits; Greenspan Speaks; Busy Conference Schedule

Publish date:

The heat is on as the eagerly anticipated retail sales report hits the Street. Traders will watch the report for clues to the Fed's likely next move on interest rates.





Best Buy

(BBY) - Get Report

announce earnings results.

Also today, the

U.S. Bancorp Piper Jaffray Investor Conference


Bear Stearns' 11th Annual Technology Conference

gather steam.

Expected Earnings Reports


This table includes S&P 500 companies, except as noted. Dates are as expected according to First Call/Thomson Financial and may change.


Economic Data


Forecasts are from


. Times are Eastern. For a longer-term economic calendar and more, see


Economic Databank.


  • 8:30 a.m.: Retail Sales for May. Source: Census Bureau. Forecast: unchgd. Previous: -0.2%. Ex-Autos: Forecast: +0.3%. Previous: unchgd.
  • 9 a.m.: BTM Weekly U.S. Retail Chain Store Sales Index for the week ended Saturday. Source: Bank of Tokyo-Mitsubishi. Forecast: N/A. Previous: -0.1%.
  • 10:30 a.m.: Redbook Retail Average through Saturday, vs. May. Source: LJR Redbook. Forecast: N/A. Previous: -0.3%.

Conferences and Meetings

U.S. Bancorp Piper Jaffray Investor Conference

The Hilton Minneapolis & Towers

, Minneapolis, Minnesota. Second of three days. Companies presenting (times Eastern):

  • 7 - 7:40 a.m.: Pacific Sunwear (PSUN) , Buffets (BOCB) , Michaels Stores (MIKE) , MedChannel, Pediatrix Medical Group (PDX) , Ag Services of America (ASV) and Allos Therapeutics (ALTH) .
  • 7:45 - 8:25 a.m.: Vicinity (VCNT) , O'Charley's (CHUX) , Lowe's (LOW) - Get Report, ePocrates, Orthodontic Centers of America (OCA) , Landec (LNDC) - Get Report and OraPharma (OPHM) .
  • 8:30 - 9:10 a.m.: Too (TOO) - Get Report, Wendy's International (WEN) - Get Report, 99 Cents Only Stores (NDN) , Bridge Medical, Renal Care Group (RCGI) , Restoration Hardware (RSTO) and Antigenics (AGEN) - Get Report.
  • 9:15 - 9:55 a.m.: bebe stores (BEBE) , Wild Oats Markets (OATS) , Tuesday Morning (TUES) - Get Report, United Healthcare Ventures Group, Caremark RX (CMX) , Ultimate Electronics (ULTE) and Layton BioScience.
  • 10 - 10:40 a.m.: Whole Foods Market (WFMI) , Digital Impact (DIGI) , Confer Software, RehabCare Group (RHB) , NovaMed Eyecare (NOVA) - Get Report and MGI Pharma (MOGN) .
  • 11 -11:45 a.m.: GoTo.com (GOTO) , Morton's Restaurant Group (MRG) , Martha Stewart Living Omnimedia (MSO) , PE Biosystems Group (PEB) - Get Report and OrthAlliance (ORAL) .
  • 12 - 12:40 p.m.: International Multifoods (IMC) , BUCA (BUCA) , Home Depot (HD) - Get Report, HealtheCare, Neose Technologies (NTEC) - Get Report and AmeriPath (PATH) - Get Report.
  • 12:45 - 1:25 p.m.: Nash Finch (NAFC) , Starbucks (SBUX) - Get Report, Factory 2-U Stores (FTUS) , SimplyHealth.com, ACLARA BioSciences (ACLA) and NBTY (NBTY) .
  • 1:30 - 2:10 p.m.: Performance Food Group (PFGC) - Get Report, Cheesecake Factory (CAKE) - Get Report, Best Buy (BBY) - Get Report, Medical OnLine, Invitrogen (IVGN) , Sharper Image (SHRP) and more.com.
  • 2:15 - 2:55 p.m.: Interlogix (ILXI) , Applebee's International (APPB) , Guitar Center (GTRC) , eMed Technologies, Selfcare.com and HealthSouth (HRC) - Get Report.
  • 3 - 3:40 p.m.: Laser Vision Centers (LVCI) , Papa John's International (PZZA) - Get Report, NetCreations (NTCR) , drugstore.com (DSCM) and American Dental Partners (ADPI) .

Bear Stearns' 11th Annual Technology Conference


Grand Hyatt

, New York. First of three days. Companies presenting (times Eastern):

Speeches and Testimony

  • Securities and Exchange Commission Commissioner Laura Unger and David Martin, director of the SEC's Division of Corporate Finance, address the Practicing Law Institute's Securities Law and the Internet Conference in New York. (Last of two days.)
  • Federal Reserve Chairman Alan Greenspan speaks on business data analysis before the New York Association for Business Economics.