Baystreet Staff - Friday, September 15, 2017 Wholesale, CPI Figures Out in Canada Next Week Monday U.S. Economic Lookahead Housing Market Index (Sept.) Featured Earnings Scorpio Tankers Inc. (NYSE: STNG) (Q2) EPS estimates for loss of five cents, compared to gain of four cents in the prior-year quarter. Steelcase Inc. (NYSE: SCS) (Q2) EPS estimates of 23 cents, compared to 32 cents in the prior-year quarter. Canada Economic Lookahead International Transactions in Securities (July) Foreign investors reduced their holdings of Canadian securities by $923 million in June, the first monthly divestment since July 2015. At the same time, Canadian investment in foreign securities amounted to $13.2 billion, led by acquisitions of equities. Tuesday U.S. Economic Lookahead FOMC Meeting Begins Housing Starts (Aug.) Import and Export Prices (Aug.) Redbook (Weekly) Featured Earnings Adobe Systems Incorporated (NASDAQ: ADBE) (Q2) EPS estimates for 82 cents, compared to 60 cents in the prior-year quarter. Analogic Corporation (NASDAQ: ALOG) (Q4) EPS estimates for 59 cents, compared to 93 cents in the prior-year quarter. FedEx Corporation (NYSE: FDX) (Q1) EPS estimates for $3.17, compared to $2.90 in the prior-year quarter. AutoZone Inc. (NYSE: AZO) (Q4) EPS estimates for $15.14, compared to $14.30 in the prior-year quarter. Canada Economic Lookahead Monthly Survey of Mfg. (July) Manufacturing sales fell 1.8% to $53.9 billion in June, following three consecutive monthly gains. Featured Earnings Gluskin Sheff + Associates Inc. (T.GS) (Q4) EPS estimates of 21 cents, compared to 11 cents in the prior-year quarter. Wednesday U.S. Economic lookahead Existing Home Sales (Aug.) EIA Petroleum Status Report (Sept. 12-18) FOMC Meeting Announcement Featured Earnings General Mills Inc. (NYSE: GIS) (Q1) EPS estimates of 77 cents, compared to 78 cents in the prior-year quarter. Herman Miller Inc. (NASDAQ: MLHR) (Q1) EPS estimates of 57 cents, compared to 60 cents in the prior-year quarter. Thursday U.S. Economic lookahead Leading Indicators (Aug.) Jobless Claims (Sept. 12-18) Federal Balance Sheet Money Supply Featured Earnings Manchester United Ltd. (NYSE: MANU) (Q4) EPS estimates of 11 cents, compared to seven cents in the prior-year quarter. Canada Economic Lookahead Wholesale Trade (July) Wholesale sales declined 0.5% to $61.4 billion in June following eight consecutive monthly increases. Declines were recorded in five of seven sub-sectors, led by the food, beverage and tobacco sub-sector and the motor vehicle and parts sub-sector. Employment Insurance (July) The number of people receiving regular Employment Insurance benefits totaled 517,200 in June, down 7,000, or 1.3%, from May. Friday U.S. Economic lookahead Purchasing Managers Index – Composite Flash (Sept.) Featured Earnings CarMax Inc (NYSE: KMX) (Q2) EPS estimates of 94 cents, compared to 88 cents in the prior-year quarter. Canada Economic lookahead Consumer Price Index (Aug.) CPI rose 1.2% on a year-over-year basis in July, following a 1.0% increase in June. On a seasonally adjusted monthly basis, the CPI was up 0.2% in July, after posting no change in June. Retail Sales (July) Retail sales rose for the fourth consecutive month in June, edging up 0.1% to $49.0 billion. Sales were up in six of 11 subsectors, representing 38% of total retail trade.
