Friday, January 08, 2016 Canada Housing Numbers Due Next Week Monday U.S. Economic lookahead Labour Market Conditions Index (Dec.) The labour market conditions index summarizes a wide range of labour market indicators. The Federal Reserve not only created this index but also watches it for interpreting the health of the labour market. Featured Earnings Alcoa Inc. (NYSE: AA) (Q4) EPS estimates of four cents, compared to 33 cents in the prior-year quarter. Apollo Group Inc. (NASDAQ: APOL) (Q1) EPS estimates of 31 cents, compared to 44 cents in the prior-year quarter. Limoneira Co. (NASDAQ: LMNR) (Q4) EPS estimates for loss of 12 cents, compared to loss of 21 cents in the prior-year quarter. Canada Featured Earnings Sirius XM Canada Holdings Inc (T.XSR) (Q1) EPS estimates of eight cents, compared to six cents in the prior-year quarter. The network of the “Howard Stern Show” announced mid-December a 12-year agreement under which Stern will continue to produce and host its flagship program for the next five years. Tuesday U.S. Economic lookahead JOLTS (Nov.) The JOLTS report is the U.S. Labor Department’s Job Openings and Labor Turnover Survey. The headline number is job openings. Redbook (Weekly) Featured Earnings CSX Corp (NYSE: CSX) (Q4) EPS estimates of 46 cents, compared to 49 cents in the prior-year quarter. IHS (NYSE: IHS) (Q4) EPS estimates of $1.17, compared to $1.28 in the prior-year quarter. IHS Inc, the leading global source of critical information and insight, acquired in late December CARPROOF Corporation®, a Canada-based company that offers products and services in vehicle history, appraisal and valuation for the automotive industry, for $650 million Canadian. Canada Featured Earnings Corus Entertainment Inc. (T.CJR.B) (Q1) EPS estimates of 55 cents, compared to 60 cents in the prior-year quarter. Currency Exchange International Corp (T.CXI) (Q4) EPS estimates of 20 cents, compared to 21 cents in the prior-year quarter. Cogeco Cable Inc. (T.CCA) (Q1) EPS estimates of $1.27, compared to $1.15 in the prior-year quarter. In December, Cogeco Cable announced its intention to change its name to Cogeco Communications Inc. This new name better expresses the company's footprint, and clearly and strongly evokes its profile and unique areas of expertise to all its internal or external stakeholders. Cogeco Inc. (T.CGO) (Q1) EPS estimates of $1.54, compared to $1.59 in the prior-year quarter. Wednesday U.S. Economic lookahead EIA Petroleum Status Report (Jan. 6-12) Beige Book. This book is produced roughly two weeks before the monetary policy meetings of the Federal Open Market Committee Treasury Budget (Dec.) The budget data have several direct and indirect meanings for the financial markets. The most direct relationship lies between the size of the budget deficit and the supply of Treasury securities. Featured Earnings Saratoga Investment Corp (NYSE: SAR) (Q3) EPS estimates of 44, compared to 53 cents in the prior-year quarter. Canada Featured Earnings Performance Sports Group Ltd. (T.PSG) (Q2) EPS estimates of 14 cents, compared to 24 cents in prior-year quarter. DragonWave Inc. (T.DWI) (Q3) EPS estimates for loss of three cents, compared to a loss of five cents in prior-year quarter. DragonWave in December was reshaping its channel strategy to primarily position its latest and new products directly to customers, by forging closer ties with Nokia. Thursday U.S. Economic lookahead Import/Export Prices (Dec.) Weekly jobless claims (Jan. 6-12) Federal Balance Sheet. The Fed's balance sheet is a report showing factors supplying reserves into the banking system and factors absorbing (using) reserve funds. Featured Earnings Intel Corp (NASDAQ: INTC) (Q2) EPS estimates of 63 cents, compared to 74 cents in prior-year quarter. In late December, the company referred to as “Mr. Chips” completed the acquisition of Altera Corporation, a leading provider of field-programmable gate array (FPGA) technology. JP Morgan Chase (NYSE: JPM) (Q1) EPS estimates of $1.30, compared to $1.19 in prior-year quarter. Taiwan Semiconductor Manufacturing Co. Ltd. (NYSE: TSM) (Q4) EPS estimates of 41 cents, compared to 50 cents in prior-year quarter. Canada Economic lookahead New Housing Price Index (Nov.) The index rose 0.3% in October, following a 0.1% increase in September. Featured Earnings Postmedia Network Canada (T.PNC.A) (Q1) EPS estimates of five cents, compared to 18 cents in the prior-year quarter. Uranium Participation Corporation (T.U) (Q3) EPS estimates of 30 cents, compared to $1.52 in the prior-year quarter. Jean Coutu Group (T.PJC.A) (Q3) EPS estimates of 30 cents, identical to the prior-year quarter. Shaw Communications Inc. (T.SJR.B) (Q1) EPS estimates of 48 cents, compared to 46 cents in the prior-year quarter. Imvescor Restaurant Group Inc. (T.IRG) (Q4) EPS estimates of four cents, compared to three cents in the prior-year quarter. Friday U.S. Economic lookahead Producer Price Index – Final Demand (Dec.) Retail Sales (Dec.) Industrial Production (Dec.) Business Inventories (Nov.) Rising inventories can be an indication of business optimism that sales will be growing in the coming months. Consumer Sentiment (Jan. ’16) Featured Earnings BlackRock Inc. (NYSE: BLK) (Q4) EPS estimates of $4.81, compared to $4.82 in the prior-year quarter. Citigroup Inc (NYSE: C) (Q4) EPS estimates of $1.16, compared to six cents in the prior-year quarter. Wells Fargo & Co. (NYSE: WFC) (Q1) EPS estimates of $1.03, compared to $1.02 in the prior-year quarter. Wells Fargo in mid-December entered into an agreement with Zurich American Insurance Company, a subsidiary of Zurich Insurance Group, to sell its crop insurance business, Rural Community Insurance Company, and its subsidiary Rural Community Insurance Company. The transaction is expected to close by the end of this quarter.