Monday
U.S.
Economic lookahead
Industrial Production (Sept.)
Featured Earnings
Bank of America Corporation (NYSE: BAC) (Q3) EPS estimates of 34 cents compared to 37 cents in the prior-year quarter.
Hasbro Inc. (NASDAQ: HAS) (Q3) EPS estimates of $1.74 compared to $1.58 in the prior-year quarter. Early in October, Hasbro announced it was growing the JOY FOR ALL brand with the launch of a new, realistic “pet” designed to bring joy, companionship, and happiness to aging loved ones: the JOY FOR ALL Companion Pet Pup.
International Business Machines Corporation (NYSE: IBM) (Q3) EPS estimates of $3.21, compared to $3.34 in the prior-year quarter. This week, “Big Blue” and Siemens Healthineers announced a five-year, global strategic alliance in Population Health Management, to help hospitals, health systems, integrated delivery networks, and other providers deliver value-based care to patients with complex, chronic and costly conditions such as heart disease and cancer.
Netflix Inc. (NASDAQ: NFLX) (Q3) EPS estimates of six cents, compared to seven cents in the prior-year quarter.
Canada
Economic lookahead
International Transactions in Securities (Aug.) Foreign investment in Canadian securities slowed for a fourth straight month to $5.2 billion in July. At the same time, Canadian investors continued to invest in foreign securities by adding $4.6 billion to their holdings.
CREA Stats (Sept.) The Canadian Real Estate Association reported national home sales fell 3.1% from July to August. Actual (not seasonally-adjusted) activity came in 10.2% above August 2015. The number of newly listed homes declined 2.7% from July to August.
Featured Earnings
Valeant Pharmaceuticals International Inc. (T.VRX) (Q4) EPS estimates of $1.76, compared to $2.74 in the prior-year quarter.
Tuesday
U.S.
Economic lookahead
Consumer Price Index (Sept.)
Housing Market Index (Oct.)
Redbook (Weekly)
Featured Earnings
Celanese Corporation (NYSE: CE) (Q3) EPS estimates of $1.61, compared to $1.50 in the prior-year quarter.
Cree Inc. (NASDAQ: CREE) (Q1) EPS estimates of three cents, compared to 12 cents in the prior-year quarter.
Comerica Incorporated (NYSE: CMA) (Q3) EPS estimates of 78 cents, compared to 74 cents in the prior-year quarter.
Goldman Sachs Group (NYSE: GS) (Q3) EPS estimates of $1.61, compared to $1.50 in the prior-year quarter.
Intel Corporation (NASDAQ: INTC) (Q3) EPS estimates of 72 cents, compared to 64 cents in the prior-year quarter.
Canada
Economic lookahead
Monthly Survey of Manufacturing (Aug.) Manufacturing sales edged up 0.1% in July to $50.7 billion.
Wednesday
U.S.
Economic lookahead
EIA Petroleum Report (Oct. 4-10)
Housing Starts (Sept.)
Beige Book (2 p.m.)
Featured Earnings
American Express Company (AXP) (Q3) EPS estimates of 96 cents, compared to $1.24 in the prior-year quarter. Early this month, American Express announced that consumers with its Platinum Card will receive 5X Membership Rewards points on airfare booked directly with airlines or through American Express Travel.
Citrix Systems Inc. (NASDAQ: CTXS) (Q3) EPS estimates of 97 cents, compared to 87 cents in the prior-year quarter.
eBay Inc. (NASDAQ: EBAY) (Q3) EPS estimates of 36 cents, compared to 35 cents in the prior-year quarter.
Canada
Economic lookahead
Bank of Canada Rate Announcement (Oct.) The Bank of Canada maintained its target for the overnight rate at 0.5% in September. The Bank Rate is correspondingly 0.75% and the deposit rate is 0.25%
Featured Earnings
Canadian Pacific Railway Limited (T.CP) (Q3) EPS estimates of $2.80, compared to $2.69 in the prior-year quarter. In late September, CP launched a new webpage, cpr.ca/HazMat, which showcases CP's dangerous goods response capabilities, training available to first responders and other online resources.
Mullen Group Ltd. (T.MTL) (Q3) EPS estimates of 12 cents, compared to eight cents in the prior-year quarter.
Thursday
U.S.
Economic lookahead
Jobless Claims (Oct. 11-17)
Existing Home Sales (Sept.)
Leading Indicators (Sept.)
Federal Balance Sheet
Money Supply
Featured Earnings
American Airlines Group Inc. (NASDAQ: AAL) (Q3) EPS estimates of $1.54, compared to $2.77 in the prior-year quarter.
E*TRADE Financial Corporation (NASDAQ: ETFC) (Q3) EPS estimates of 39 cents, compared to 33 cents in the prior-year quarter.
Microsoft Corporation (NASDAQ: MSFT) (Q1) EPS estimates of 68 cents, compared to 67 cents in the prior-year quarter.
Canada
Economic lookahead
Employment Insurance (Aug.) Regular Employment Insurance beneficiaries in Canada totaled 575,200 in July, up 4.4% from the previous month.
Featured Earnings
Rogers Communications Inc. (T.RCI.B) (Q3) EPS estimates of 88 cents, compared to 92 cents in the prior-year quarter. Last week, Rogers announced a new tool that gives families the ability to control their data in real-time. Now the bill payer can set allowances for each family member and buy additional data with a simple tap of the phone.
AltaGas Ltd. (T.ALA) (Q3) EPS estimates of 17 cents, compared to 14 cents in the prior-year quarter. In late September, Alta Gas received the permit from the B.C. Oil and Gas Commission to construct, own and operate its proposed North Pine Liquids Separation Facility, to be located approximately 40 km northwest of Fort St. John, B.C.
Winpak Ltd. (T.WPK) (Q3) EPS estimates of 38 cents, compared to 34 cents in the prior-year quarter.
TransForce Inc. (T.TFI) (Q3) EPS estimates of 53 cents, compared to 60 cents in the prior-year quarter.
Friday
U.S.
Featured Earnings
General Electric Company (NYSE: GE) (Q3) EPS estimates of 31 cents, compared to 32 cents in the prior-year quarter.
Honeywell International Inc. (NYSE: HON) (Q3) EPS estimates of $1.63, compared to $1.57 in the prior-year quarter.
McDonald's Corporation (NYSE: MCD) (Q3) EPS estimates of $1.63, compared to $1.57 in the prior-year quarter.
Precision Drilling Corporation (PDS) (Q3) EPS estimates for loss of 16 cents, compared to loss of six cents in the prior-year quarter.
Canada
Economic lookahead
Consumer Price Index (Sept.) Inflation rose 1.1% in the 12 months to August, after increasing 1.3% in July. On a seasonally-adjusted monthly basis, the Consumer Price Index decreased 0.1% in August, after posting no change in July.
Retail Sales (Aug.) Retail sales were relatively unchanged for the third consecutive month in July, edging down 0.1% to $44.1 billion.
Featured Earnings
Precision Drilling Corporation (T.PD) (Q3) EPS estimates for loss of 20 cents, compared to 30 cents in the prior-year quarter.
