Glenn Wilkins - Friday, July 14, 2017 Canadian Inflation Figures Due Next Week Monday U.S. Economic lookahead Empire State Mfg. Survey (July) Featured Earnings BlackRock Inc. (NYSE: BLK) (Q2) EPS estimates of $5.29, compared to $4.78 in the prior-year quarter. Brown & Brown Inc. (NYSE: BRO) (Q2) EPS estimates of 47 cents, compared to 49 cents in the prior-year quarter Netflix Inc. (NASDAQ: NFLX) (Q2) EPS estimates of 16 cents, compared to nine cents in the prior-year quarter Canada Economic lookahead Int’l Transactions in Securities (May) Foreign investment in Canadian securities totaled $10.6 billion in April, mainly acquisitions of government debt instruments. At the same time, Canadian investors reduced their holdings of foreign securities by $9.9 billion, the largest divestment since January 2016.CREA Stats (June) The Canadian Real Estate Association said re-sales of Canadian homes dropped 6.2% in May from April as Toronto sales plunged 25.3%. Featured Earnings Destiny Media Technologies Inc. (T.DSY) (Q3) EPS estimates for breakeven, identical to prior-year quarterTuesday U.S. Economic Lookahead Import and Export Prices (June) Housing Market (July) Redbook (Weekly) Featured Earnings Goldman Sachs Group Inc. (NYSE: GS) (Q2) EPS estimates of $3.71, compared to $3.72 in the prior-year quarterADTRAN Inc. (NASDAQ: ADTN) (Q2) EPS estimates of 22 cents, identical to the prior-year quarterExponent Inc. (NASDAQ: EXPO) (Q2) EPS estimates of 41 cents, compared to 38 cents in the prior-year quarterWednesday U.S. Economic lookahead Housing Starts (June) EIA Petroleum Status Report (July 8-15) Featured Earnings American Express Company (NYSE: AXP) (Q2) EPS estimates of $1.46, compared to $2.10 in the prior-year quarter.Morgan Stanley (NYSE: MS) (Q2) EPS estimates of 76 cents, compared to 75 cents in the prior-year quarter.QUALCOMM Incorporated (NASDAQ: QCOM) (Q3) EPS estimates of 67 cents, compared to $1.03 in the prior-year quarter.Canada Economic lookahead Monthly Survey of Mfg. (May) Manufacturing sales rose 1.1% to a record high $54.4 billion in April, mainly due to higher sales in the petroleum and coal product, and primary metal industries.Featured Earnings Canadian Pacific Railway Limited (T.CP) (Q2) EPS estimates of $2.68, compared to $2.05 in the prior-year quarter. Encana Corporation (T.ECA) (Q2) EPS estimates of four cents, compared to 10 cents in the prior-year quarter.Thursday U.S. Economic lookahead Jobless Claims (July 8-15) Leading Indicators (June) Treasury Budget Federal Balance Sheet Money Supply Featured Earnings C.H. Robinson Worldwide Inc. (NASDAQ: CHRW) (Q2) EPS estimates of 90 cents, compared to $1.00 in the prior-year quarter.athenahealth Inc. (NASDAQ: ATHN) (Q2) EPS estimates of seven cents, compared to six cents in the prior-year quarter.Check Point Software Technologies Ltd. (NASDAQ: CHKP) (Q2) EPS estimates of $1.11, compared to 97 cents in the prior-year quarter.Canada Economic lookahead Employment Insurance (May) The number of regular Employment Insurance beneficiaries fell by 7,000, or 1.3%, to 541,200 in April, a sixth consecutive monthly decline.Featured Earnings Rogers Communications Inc. (T.RCI.B) (Q2) EPS estimates of 93 cents, compared to 83 cents in the prior-year quarter. West Fraser Timber Co. Ltd. (T.WFT) (Q2) EPS estimates of $1.78, compared to 78 cents in the prior-year quarter. Friday U.S. Featured Earnings Colgate-Palmolive Company (NYSE: CL) (Q2) EPS estimates of 72 cents, compared to 70 cents in the prior-year quarter.Honeywell International Inc. (NYSE: HON) (Q2) EPS estimates of $1.72, compared to $1.68 in the prior-year quarter.General Electric Company (NYSE: GE) (Q2) EPS estimates of 25 cents, compared to 51 cents in the prior-year quarter.Canada Economic lookahead Consumer Price Index (June) CPI rose 1.3% on a year-over-year basis in May, following a 1.6% increase in April. On a seasonally adjusted monthly basis, CPI was down 0.2% in May, after increasing 0.4% in April.Retail Sales (May) Retail sales rose 0.8% to $48.6 billion in April. Sales were up in nine of 11 sub-sectors, representing 71% of total retail tradeFeatured Earnings Atrium Mortgage Investment Corporation (T.AI) (Q2) EPS estimates of 24 cents, identical to prior-year quarter. Husky Energy Inc. (T.HSE) (Q2) EPS estimates of a gain of 11 cents, compared to a loss of nine cents in the prior-year quarter.
