Fed announcement this week


Monday

U.S.

Economic lookahead

Industrial Production (May)

Housing Market Index (June)

Featured Earnings

Amira Nature Foods (NYSE: ANFI) (Q4) EPS of 31 cents, compared to 24 cents in the prior-year quarter

Speed Commerce Inc. (NASDAQ: SPDC) (Q4) EPS of 31 cents, compared to 24 cents in the prior-year quarter. The Dallas-based Speed Commerce is a vertically integrated, multi-channel platform of e-commerce services and distribution solutions. Last week, it closed a private offering with institutional investors for approximately $10 million of the Company's Series C Preferred Stock.

Canada

Economic lookahead

MLS Home Sales (May) The Canadian Real Estate Association, national home sales rose 2.7% from March to April.

International Transactions in Securities (April) StatsCan said Canadian investors acquired $7.9 billion of foreign securities in March, the largest such outflow of funds since November 2012. Meanwhile, folks offshore reduced their holdings of Canadian securities by $1.2 billion

Featured Earnings

RIFCO Inc. (T.RFC) (Q4) EPS of nine cents, compared to seven cents in the prior-year quarter. The Red Deer, Alta.-based company, which provides auto loans to dealership across Canada, has achieved a ranking in the 2014 TSX Venture 50 for the second consecutive year.

Eastmain Resources Inc. (T.ER) (Q2) EPS calls for a breakeven reading, identical to the prior-year quarter. The Toronto-based miner has allocated $4.28 million for exploration in 2014, which includes an estimated 16,000 metres of diamond drilling, principally focused on testing potential satellite deposit-targets and expanding high-grade, near-surface resources at its two wholly-owned gold deposits near James Bay.

Tuesday

U.S.

Economic lookahead

Consumer Price Index (May)

Housing Starts (May)


Featured Earnings

Adobe Systems Incorporated (ADBE) (Q1) EPS of 16 cents, compared to 24 cents in the prior-year quarter. Last week, Adobe was lauded in a Newsweek poll as second greenest company in the United States, and third greenest in the world, besides being ranked number one among IT companies both home and abroad.

John Wiley & Sons Inc. Cl A (NYSE: JW.A) (Q1) EPS of 69 cents, compared to 71 cents in the prior-year quarter.

La-Z-Boy Inc. (NYSE: LZB) (Q4) EPS of 33 cents, compared to 30 cents in the prior-year quarter.

Wednesday

U.S.

Economic lookahead

FOMC meeting announcement (2 p.m.)

EIA Petroleum Report (June 9-13)

Featured Earnings

FedEx Corp. (NYSE: FDX) (Q1) EPS of $2.36, compared to $2.13 in the prior-year quarter. The courier giant announced last month that FedEx TechConnect has opened a new package laboratory to better serve customers. The 30,000+ square-foot facility will serve both big and small FedEx Express, FedEx Ground and FedEx Freight customers, providing them free package testing and design services.

Red Hat Inc. (NYSE: RHT) (Q1) EPS of 22 cents, compared to 24 cents in the prior-year quarter.

Jabil Circuit Inc. (NYSE: JBL) (Q3) EPS calls for loss of 15 cents, compared to a gain of 48 cents in the prior-year quarter.

Canada

Economic lookahead

Wholesale Trade (April) Statistics Canada reported that wholesale sales decreased 0.4% to $50.5 billion in March.

Thursday

U.S.

Economic lookahead

Weekly jobless claims (June 9-13)

Leading indicators (May) This is a composite index of 10 economic indicators that should lead overall economic activity.

Featured Earnings

Kroger Co. (NYSE: KR) (Q1) EPS of $1.05, compared to 92 cents in the prior-year quarter

Oracle Corp. (NYSE: ORCL) (Q4) EPS of 92 cents, compared to 84 cents in the prior-year quarter

Pier 1 Imports Inc. (NYSE: PIR) (Q1) EPS of 20 cents, compared to 19 cents in the prior-year quarter

Smith & Wesson Holding Corp (NASDAQ: SWHC) (Q4) EPS of 40 cents, compared to 44 cents in the prior-year quarter



Canada

Economic lookahead

Employment Insurance (April) The nation’s number crunchers told us that in March, 509,800 people received regular Employment Insurance benefits, little changed from February.

Featured Earnings

BlackBerry Limited (T.BB) (Q1) EPS calls for a loss of 25 cents, compared to a loss of 13 cents in the prior-year quarter. The Waterloo, Ontario-based company once known as Research In Motion announced earlier this month that its QNX Software Systems subsidiary and rival Rightware unveiled their latest collaboration, a fully digital and reconfigurable instrument cluster for the QNX technology concept car.


Friday

U.S.

Featured Earnings

CarMax Inc. (NYSE: KMX) (Q1) EPS calls for 66 cents, compared to 64 cents in the prior-year quarter

Darden Restaurants Inc. (NYSE: DRI) (Q1) EPS calls for 93 cents, compared to $1.01 in the prior-year quarter

Canada

Economic lookahead

Retail trade (April) Following gains in January and February, retail sales edged down 0.1% in March to $41.1 billion.

Consumer Price Index (May) StatsCan said inflation rose 2.0% in the 12 months to April, following a 1.5% increase in March.




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