Monday
U.S.
Markets Closed for Memorial Day
Canada
Economic lookahead
Industrial Product Price Index (April) This index declined 0.6% in March, led by lower prices for motorized and recreational vehicles, while higher prices for energy and petroleum products largely moderated the fall.
Raw Materials Price Index (April) This gauge increased 4.5% in March, led by higher prices for crude energy products.
Featured Earnings
Nanotech Security Corp. (T.NTS) (Q2) EPS estimates for loss of three cents, identical to prior-year quarter.
Tuesday
U.S.
Economic lookahead
S&P Case-Shiller HPI (March)
Chicago Purchasing Managers’ Index (May)
Consumer Confidence (May)
Featured Earnings
Ascena Retail Group Inc. (NASDAQ: ASNA) (Q3) EPS estimates of 13 cents, compared to 18 cents in the prior-year quarter.
Medtronic PLC (NYSE: MDT) (Q4) EPS estimates of 13 cents, compared to 18 cents in the prior-year quarter. Medtronic plc and Qualcomm Incorporated through its wholly-owned subsidiary, Qualcomm Life, Inc., today announced a global, multi-year collaboration to jointly develop future generation continuous glucose monitoring (CGM) systems that aim to improve health outcomes for people with diabetes.
TiVo Inc. (NASDAQ: TIVO) (Q4) EPS estimates of seven cents, compared to eight cents in the prior-year quarter.
Canada
Economic lookahead
Gross Domestic Product (Mar.) After rising for four consecutive months, real GDP edged down 0.1% in February
Featured Earnings
Bank of Nova Scotia (T.BNS) (Q2) EPS estimates of $1.42, compared to $1.43 in the prior-year quarter. In mid-May, Scotiabank was recognized by Retail Banker International as the Global Bank with the Best Digital Strategy for 2016. This is the first time Scotiabank has received this recognition.
Input Capital Corp. (T.INP) (Q4) EPS estimates of breakeven, compared to a gain of three cents in the prior-year quarter. Just before the May long weekend, Input announced it now had 100 active canola streams with farmer partners across western Canada. Over the last four years, Input has invested $123.1 million via streaming contracts to strengthen farm balance sheets and enable improved crop production.
Wednesday
U.S.
Economic lookahead
ADP Employment Report (April)
PMI Manufacturing Index (May)
Institute for Supply Management (May)
Construction Spending (April)
Fed Beige Book
Redbook (Weekly)
Featured Earnings
Cracker Barrel Old Country Store Inc. (NASDAQ: CBRL) (Q4) EPS estimates of $1.80, compared to $1.49 in the prior-year quarter.
Michael Kors Holdings (NYSE: KORS) (Q4) EPS estimates of 97 cents, compared to 90 cents in the prior-year quarter.
Vera Bradley Inc. (NASDAQ: VRA) (Q1) EPS estimates of five cents, compared to breakeven in the prior-year quarter. Vera Bradley, will participate in the Robert W. Baird 2016 Global Consumer, Technology & Services Conference on Wednesday, June 8 in New York City.
Canada
Featured Earnings
National Bank of Canada (T.NA) (Q2) EPS estimates of 87 cents, compared to $1.15 in the prior-year quarter.
Laurentian Bank of Canada (T.LB) (Q2) EPS estimates of $1.37, compared to $1.38 in the prior-year quarter.
Canaccord Genuity Group Inc. (T.CF) (Q4) EPS estimates for loss of 20 cents, compared to a gain of five cents in the prior-year quarter.
Thursday
U.S.
Economic lookahead
EIA Petroleum Status Report (May 23-30)
Weekly jobless claims (May 23-30)
Jobless Claims (May 23-29)
Federal Balance Sheet
Money Supply
Featured Earnings
Ambarella Inc. (NASDAQ: AMBA) (Q1) EPS estimates of two cents, compared to 56 cents in the prior-year quarter.
Bazaarvoice Inc. (NASDAQ: BV) (Q4) EPS estimates for loss of nine cents, identical to the prior-year quarter.
Five Below Inc. (FIVE) (Q1) EPS estimates of 10 cents, compared to eight cents in the prior-year quarter. Five Below announced the grand opening of its brand new store in Racine, Wisconsin on May 6. This is the first store opening in the state of Wisconsin.
Canada
Featured Earnings
Saputo Inc. (T.SAP) (Q4) EPS estimates of 40 cents, compared to 32 cents in the prior-year quarter.
Canadian Western Bank (T.CWB) (Q2) EPS estimates of 40 cents, compared to 64 cents in the prior-year quarter.
OVIVO INC. Class A Subordinate Voting Shares (T.OVI.A) (Q4) EPS estimates for gain of four cents, compared to loss of one cent in the prior-year quarter. In early May, Ovivo was awarded two major contracts with new clients in the U.S. and China, for a combined value of over $21 million in its Energy and Electronics segments.
Friday
U.S.
Economic lookahead
Employment Situation (May)
International Trade (April)
PMI Services Index (May)
Factory Orders (April)
ISM Non-Mfg Index (May)
Canada
Canadian international merchandise trade (April) Canada's exports fell 4.8% to $41.0 billion in March. Export volumes were down 2.9% and prices fell 2.0%. Imports declined 2.4% to $44.4 billion, as prices were down 2.1% and volumes fell 0.3%. As a result, Canada's merchandise trade deficit with the world widened from $2.5 billion in February to a record $3.4 billion in March.
Labour productivity, hourly compensation and unit labour cost (Q1)
