Monday
U.S.
Economic lookahead
Industrial Production (Feb.) The Federal Reserve's monthly index of industrial production and the related capacity indexes and capacity utilization rates cover manufacturing, mining, and electric and gas utilities.
Housing Market Index (Mar.) The National Association of Home Builders produces a housing market index based on a survey in which respondents from this organization are asked to rate the general economy and housing market conditions.
Featured Earnings
magicJack VocalTec Ltd (NASDAQ: CALL) (Q4) EPS estimates of 14 cents, compared to 63 cents in the prior-year quarter.
Noah Holdings (NYSE: NOAH) (Q4) EPS estimates of 23 cents, compared to 24 cents in the prior-year quarter.
UCP Inc (NYSE: UCP) (Q4) EPS estimates for loss of four cents, compared to a loss of 25 cents in the prior-year quarter.
Canada
Economic lookahead
CREA Stats (Feb.) The Canadian Real Estate Association reported that national home sales activity was down by 3.1% from December to January. Actual (not seasonally-adjusted) activity stood 2.0% below January 2014 levels.
Int’l Transactions in Securities (Jan.) Foreign investors reduced their holdings of Canadian securities by $13.5 billion in December, led by sizable divestments in bonds and equities.
Meanwhile, Canadian investors acquired $13.9 billion of foreign securities, most of it in U.S. instruments.
Featured Earnings
Raging River Exploration Inc. (T.RRX) (Q4) EPS estimates of 10 cents, identical to prior-year quarter.
Tuesday
U.S.
Economic lookahead
Housing Starts (Feb.)
Redbook (Weekly)
Featured Earnings
FactSet Research Systems Inc. (NYSE: FDS) (Q2) EPS estimates of $1.41, compared to $1.22 in the prior-year quarter. In February, FactSet acquired Code Red, Inc., a company which provides research management technologies to the investment community.
Oracle Corp. (NYSE: ORCL) (Q3) EPS estimates of 64 cents, identical to prior-year quarter. This month, Oracle announced the release of the Java Development Kit (JDK) 8, Update 40
Plug Power Inc. (NASDAQ: PLUG) (Q4) EPS estimates for loss of four cents, compared to a loss of eight cents to prior-year quarter.
Canada
Economic lookahead
Monthly survey of manufacturing (Jan.) Manufacturing sales rose 1.7% in December, despite a 9.3% drop in sales of petroleum and coal products.
Featured Earnings
Alimentation Couche-Tard Inc. (T.ATD.B) (Q3) EPS estimate of 51 cents, compared to 31 cents in the prior-year quarter.
Transcontinental Inc. (T.TCL.A) (Q1) EPS estimate of 38 cents, compared to 34 cents in the prior-year quarter.
Wednesday
U.S.
Economic lookahead
EIA Petroleum Status Report (Mar. 9-16)
FOMC Meeting (2.p.m. ET)
Featured Earnings
FedEx Corp. (NYSE: FDX) (Q4) EPS estimate of $1.88, compared to $1.23 in the prior-year quarter. FedEx is once again among the most admired companies in the world, according to a survey published in FORTUNE magazine. The annual “World’s Most Admired Companies” report released in mid-February lists FedEx as the number-12 ranked company overall, and number-one in the delivery industry.
General Mills Inc. (NYSE: GIS) (Q3) EPS estimate of 68 cents, compared to 62 cents in the prior-year quarter.
Guess? Inc. (NYSE: GES) (Q4) EPS estimate of 59 cents, compared to 83 cents in the prior-year quarter.
Canada
Economic lookahead
Wholesale trade (Jan.) Wholesale sales rose 2.5% to $55.4 billion in December.
Featured Earnings
Silver Wheaton Corp. (T.SLW) (Q4) EPS estimate of 14 cents, compared to 27 cents in the prior-year quarter. Silver Wheaton announced last week that its wholly-owned subsidiary, Silver Wheaton (Caymans) acquired from a subsidiary of Vale S.A. an amount of gold equal to 25% of the life of mine gold production from its Salobo mine, located in Brazil.
Whitecap Resources Inc. (T.WCP) (Q4) EPS estimate of 16 cents, compared to a loss of one cent in the prior-year quarter. Last month’s dividend for this company came in at $0.0625 per common share.
WSP Global Inc. (T.WSP) (Q4) EPS estimate of 47 cents, compared to 34 cents in the prior-year quarter
Thursday
U.S.
Economic lookahead
Leading Indicators (Feb.) A composite index of 10 economic indicators that should lead overall economic activity. This indicator was initially compiled by the Commerce Department but is now compiled and produced by The Conference Board.
Weekly jobless claims (Mar.9-15)
Featured Earnings
Marcus Corp. (NYSE: MCS) (Q3) EPS estimate of three cents, compared to 19 cents in the prior-year quarter.
Nike Inc. (NYSE: NKE) (Q3) EPS estimate of 85 cents, compared to 76 cents in the prior-year quarter.
Star Bulk Carriers Corp. (NASDAQ: SBLK) (Q4) EPS estimates for loss of four cents, compared to a gain of six cents in the prior-year quarter.
Canada
Featured Earnings
Martinrea International Inc. (T.MRE) (Q4) EPS estimate of 27 cents, compared to 17 cents in the prior-year quarter.
Alaris Royalty Corp. (T.AD) (Q4) EPS estimate of 43 cents, compared to 41 cents in the prior-year quarter. In January, Killick Aerospace LP announced its intentions to repurchase Alaris' units in Killick upon the completion of a sale of Killick's business to a third party. The sale was completed within a matter of weeks, proceeds from which amounted to $44.3 million
Friday
U.S.
Economic lookahead
Quadruple Witching. All stock options contracts expire on the third Friday of each month and once every quarter - on the third Friday of March, June, September and December - all four asset classes expire on the same day.
Featured Earnings
Darden Restaurants Inc. (NYSE: DRI) (Q3) EPS estimate of 84 cents, compared to 82 cents in the prior-year quarter.
KB Home (NYSE: KBH) (Q1) EPS estimate of two cents, compared to nine cents in the prior-year quarter.
Cheetah Mobile Inc (NYSE: CMCM) (Q4) EPS estimate of four cents, compared to three cents in the prior-year quarter.
Canada
Economic lookahead
Inflation (Feb.) Statistics Canada reported that consumer prices rose 1.0% in the 12 months to January, following a 1.5% increase in December. On a seasonally-adjusted monthly basis, the Consumer Price Index declined 0.2% in January, matching the decrease in December.
Retail sales (Jan.) Retail sales fell 2.0% to $42.1 billion in December, the largest decline since April 2010.
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