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Markets Enjoy Short Week in Canada


Monday

U.S.

Economic lookahead

International Trade in Goods (April)

PMI Services Flash (June)

Featured Earnings

SuperCom Ltd. Ordinary Shares (NASDAQ: SPCB) (Q1) EPS estimates of three cents, compared to 21 cents in the prior-year quarter. This week, SuperCom announced that its Alvarion subsidiary released its latest product series of Avidity access points


Tuesday

U.S.

Economic lookahead

Redbook (Weekly)

Gross Domestic Product (Q1-final)

Case-Shiller HPI (Apri)

Consumer Confidence (June)

Featured Earnings

A. Schulman Inc. (NASDAQ: SHLM) (Q3) EPS estimates of 78 cents, compared to 72 cents in the prior-year quarter.

AeroVironment Inc. (NASDAQ: AVAV) (Q4) EPS estimates for loss of eight cents, compared to 32 cents in the prior-year quarter.

Nike Inc. (NYSE: NKE) (Q4) EPS estimates of 48 cents, compared to 49 cents in the prior-year quarter. In mid-June, NIKE announced that Craig Zanon has been named VP, GM of Nike Global Basketball, replacing Michael Jackson who has resigned from Nike


Wednesday

U.S.

Economic lookahead

EIA Petroleum Status Report (June 20-26)

Personal Income and Outlays (May)

Pending Home Sales (May)

Farm Prices

Featured Earnings

General Mills Inc. (NYSE: GIS) (Q4) EPS estimates of 60 cents, compared to 75 cents in the prior-year quarter.

Monsanto Company (NASDAQ: MON) (Q3) EPS estimates of $2.41, compared to $2.39 in the prior-year quarter. In mid-June, Monsanto and Remington Holding Company, the parent company of a leading provider of customized seed production, processing, logistics and related services to the global seed industry, formed a new joint venture with an initial strategic focus on sorghum.

Pier 1 Imports Inc. (NYSE: PIR) (Q1) EPS estimates for loss of six cents, compared to gain of eight cents in the prior-year quarter.


Canada


Featured Earnings

Empire Company Limited (T.EMP.A) (Q4) EPS estimates of 35 cents, compared to 50 cents in the prior-year quarter.

AGF Management Limited (T.AGF.B) (Q2) EPS estimates of 11 cents, compared to 17 cents in the prior-year quarter.


Thursday

U.S.

Economic lookahead

Weekly jobless claims (June 20-26)

Chicago PMI (June)

Federal Balance Sheet

Money Supply

Featured Earnings

ConAgra Foods Inc. (NASDAQ: CAG) (Q4) EPS estimates of 52 cents, compared to 59 cents in the prior-year quarter.

Darden Restaurants Inc. (NYSE: DRI) (Q4) EPS estimates of $1.08, identical to the prior-year quarter.

Paychex Inc. (NASDAQ: PAYX) (Q4) EPS estimates of 49 cents, compared to 44 cents the prior-year quarter.

Constellation Brands Inc (STZ) (Q1) EPS estimates of $1.51, compared to $1.26 in the prior-year quarter.


Canada

Economic Lookahead

Average Weekly Earnings (April) Average weekly earnings of non-farm payroll employees were $960.00 in March, up 0.5% from the previous month. Compared with 12 months earlier, average weekly earnings increased 0.7%.

Industrial Product Price Index (May) This index declined 0.5% in April.

Raw Materials Price Index (May) This Index increased 0.7%, led by higher prices for crude energy products.

Gross Domestic Product (April) Real gross domestic product decreased 0.2% in March, after edging down 0.1% in February.


Friday

U.S.

Economic lookahead

Motor Vehicle Sales

ISM Mfg Index (June)

Construction Spending (May)

PMI Mfg. Index (June)

Canada

Markets Closed for Canada Day