Shortened Week in the U.S.

Monday

U.S.

Markets are closed for Martin Luther King Day

Tuesday

U.S.

Economic lookahead

Housing Market Index (Jan.)

Featured Earnings

Advanced Micro Devices Inc. (NASDAQ: AMD) (Q4) EPS estimates for loss of 12 cents, compared to breakeven in the prior-year quarter.

Bank of America Corp. (NYSE: BAC) (Q1) EPS estimates of 28 cents, compared to 32 cents in the prior-year quarter.

Delta Air Lines Inc. (NYSE: DAL) (Q1) EPS estimates of $1.19, compared to 78 cents in the prior-year quarter.

Canada

Economic lookahead

Canada's International Transactions in Securities (Nov.) Foreign investors acquired $22.1 billion of Canadian securities in October, marking the highest such investment in six months. At the same time, Canadian investors added $3.2 billion of foreign securities to their holdings, led by non-U.S. foreign bonds.

Wednesday

U.S.

Economic lookahead

Redbook (Weekly)

EIA Petroleum Status Report (Jan. 6-12)

Consumer Price Index (Dec.)

Housing Starts (Dec.)

Featured Earnings

The Goldman Sachs Group Inc. (NYSE: GS) (Q4) EPS estimates of $2.81, compared to $2.68 in prior-year quarter.

Logitech International S.A. (NASDAQ: LOGI) (Q3) EPS estimates of 29 cents, compared to 40 cents in prior-year quarter.

Raymond James Financial Inc. (NYSE: RJF) (Q1) EPS estimates of 29 cents, compared to 40 cents in prior-year quarter.


Canada

Economic lookhead

Monthly Survey of Manufacturing (Nov.) Manufacturing sales declined 1.1% to $50.4 billion in October, the third consecutive decrease.

Wholesale Trade (Nov.) Wholesale sales declined 0.6% to $54.7 billion in October, a fourth consecutive decrease.

Thursday

U.S.

Economic lookahead

EIA Petroleum Status Report (Jan. 13-19)

Weekly jobless claims (Jan. 13-19)

Federal Balance Sheet

Featured Earnings

American Express Co. (NYSE: AXP) (Q4) EPS estimates of $1.13, compared to $1.39 in prior-year quarter.

E*TRADE Financial Corporation (NASDAQ: ETFC) (Q4) EPS estimates of 29 cents, compared to 26 cents in prior-year quarter.

PPG Industries Inc. (NYSE: PPG) (Q4) EPS estimates of 29 cents, compared to 26 cents in prior-year quarter.


Canada

Economic lookahead

Employment Insurance (Nov.) In October, 539,700 people received regular Employment Insurance (EI) benefits, down 3,300 or 0.6% from September. On a year-over-year basis, the total number of EI beneficiaries was up 40,900 or 8.2%.

Consumer Price Index (Dec.) Inflation rose 1.4% in the 12 months to November, after increasing 1.0% in October. On a seasonally-adjusted monthly basis, the Consumer Price Index rose 0.2% in November, matching the increase in October.

Featured Earnings

Canadian Pacific Railway Limited (T.CP) (Q4) EPS estimates of $2.81, compared to $2.68 in prior-year quarter.

Friday

U.S.

Economic lookahead

PMI Manufacturing Index Flash (Jan.)

Existing Home Sales (Dec.)

Leading Indicators (Dec.)

Featured Earnings

General Electric Co (NYSE: GE) (Q4) EPS estimates of 50 cents, compared to 56 cents in prior-year quarter.

MB Financial Inc (NASDAQ: MBFI) (Q4) EPS estimates of 52 cents, compared to 45 cents in prior-year quarter.

Rockwell Collins Inc. (COL) (Q1) EPS estimates of 98 cents, compared to $1.10 in prior-year quarter.

Canada

Economic lookahead

Retail Trade (Nov.) Retail sales edged up 0.1% in October to $43.4 billion.


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