May GDP Due Out Next Friday


Monday

U.S.

Economic lookahead

Durable Goods Orders (June)

Featured Earnings

Baidu Inc. (NASDAQ: BIDU) (Q2) EPS estimates of $1.80, compared to $1.62 in the prior-year quarter.

CTS Corp. (NYSE: CTS) (Q2) EPS estimates of 26, compared to 25 cents in the prior-year quarter.

Eastman Chemical Co. (NYSE: EMN) (Q2) EPS estimates of $1.80, compared to $1.92 in the prior-year quarter.

Canada

Featured Earnings

PrairieSky Royalty Ltd (T.PSK). Expected Q2 earnings of 17 Canadian cents per share, compared to 18 cents in the prior-year quarter. PrairieSky announced earlier this month a bought deal offering of 6,336,000 common shares at $31.25 per common share, for aggregate gross proceeds of $198 million.

Tuesday

U.S.

Economic lookahead

S&P Case-Shiller HPI (May)

PMI Services Flash (July)

Consumer Confidence – Conference Board (July)

Redbook (Weekly)

Featured Earnings

AFLAC Inc. (NYSE: AFL) (Q2) EPS estimates of $1.52, compared to $1.66 in the prior-year quarter.

E.I. du Pont de Nemours and Co. (NYSE: DD) (Q2) EPS estimates of $1.19, compared to $1.17 in the prior-year quarter. This week, DuPont announced that it has named Marc Doyle senior vice president for its Safety & Protection businesses, reporting to Ellen Kullman, chair and CEO. Matthew L. Trerotola, who was executive vice president with responsibility for Safety & Protection and Electronics & Communications businesses

Ford Motor Co. (NYSE: F) (Q2) EPS estimates of 35 cents, compared to 40 cents in the prior-year quarter. This week, Ford began negotiating with the UAW in Michigan on a new labour contract

Canada

Industrial Product Price Index (June) The Industrial Product Price Index increased 0.5% in May

Raw Materials Price Index (June) The Raw Materials Price Index increased 4.4% in May.

Featured Earnings

Husky Energy Inc. (T.HSE) (Q2) EPS estimates of 12 cents, compared to 69 cents in the prior-year quarter. As of mid-July, Husky has commenced production at the Rush Lake heavy oil thermal project in Saskatchewan.

Wednesday

U.S.

Economic lookahead

Pending Home Sales Index (June)

EIA Petroleum Status Report (July 20-26)

Featured Earnings

Curtiss-Wright Corp. (NYSE: CW) (Q2) EPS estimates of 81 cents, compared to 93 cents in the prior-year quarter.

Facebook Inc. (NASDAQ: FB) (Q2) EPS estimates of 31 cents, compared to 30 cents in the prior-year quarter.

Hess Corp. (NYSE: HES) (Q2) EPS estimates for loss of 73 cents, compared to gain of $1.38 in the prior-year quarter.

Canada


Featured Earnings

Canadian Utilities Limited (T.CU) (Q2) EPS estimates of 37 cents, compared to 32 cents in the prior-year quarter.

Agnico Eagle Mines Limited (T.AEM) (Q2) EPS estimates of nine cents, compared to 28 cents in the prior-year quarter.

Methanex Corporation (T.MX) (Q2) EPS estimates of 75 cents, compared to 94 cents in the prior-year quarter.

Suncor Energy Inc. (T.SU) (Q2) EPS estimates of 29 cents, compared to 77 cents in the prior-year quarter.

Thomson Reuters Corporation (T.TRI) (Q2) EPS estimates of 50 cents, compared to 51 cents in the prior-year quarter. This month, Thomson Reuters was recognized in this year's Waters Rankings for the depth and quality of the data it provides to financial markets professionals worldwide.

CGI Group Inc. (T.GIB.A) (Q3) EPS estimates of 81 cents, compared to 72 cents in the prior-year quarter.



Thursday

U.S.

Economic lookahead

Gross Domestic Product (Q2 advance)

Weekly jobless claims (July 20-26)

Federal Balance Sheet


Featured Earnings

Alcatel-Lucent (NYSE: ALU) (Q2) EPS estimates of two cents, compared to loss of six cents in the prior-year quarter.

Anheuser-Busch (NYSE: BUD) (Q2) EPS estimates of $1.34, compared to $1.60 in the prior-year quarter. In June, the brewery giant announces a $1.5 billion U.S. investment in operations for its U.S. business.

Invesco Limited (NYSE: IVZ) (Q2) EPS estimates of 62 cents, compared to 65 cents in the prior-year quarter.

Canada

Featured Earnings

Goldcorp Inc. (T.G) (Q2) EPS estimates of four cents, compared to 20 cents in the prior-year quarter.

Fairfax Financial Holdings Limited (T.FFH) (Q2) EPS estimates of $9.73, compared to $16.15 in the prior-year quarter.

Potash Corporation of Saskatchewan Inc. (T.POT) (Q2) EPS estimates of 50 cents, compared to 56 cents in the prior-year quarter.

Cenovus Energy Inc. (T.CVE) (Q2) EPS estimates of eight cents, compared to 62 cents in the prior-year quarter.



Friday

U.S.

Economic lookahead

Chicago PMI (July)

Consumer Sentiment – University of Michigan (July)

Featured Earnings

Chevron (NYSE: CVX) (Q2) EPS estimates of $1.13 compared to $2.98 in the prior-year quarter.

Exxon Mobil Corp. (NYSE: XOM) (Q2) EPS estimates of $1.10 compared to $2.05 in the prior-year quarter.

Seagate Technology (NASDAQ: STX) (Q2) EPS estimates of 68 cents, compared to $1.10 in the prior-year quarter.


Canada

Economic lookahead

Gross Domestic Product (May) Real gross domestic product edged down 0.1% in April, the fourth consecutive monthly decline.

Featured Earnings

George Weston Limited (T.WN) (Q2) EPS estimates of $1.36 compared to $1.26 in the prior-year quarter.

Enbridge Inc. (T.ENB) (Q2) EPS estimates of 47 cents compared to 40 cents in the prior-year quarter.

TransCanada Corporation (T.TRP) (Q2) EPS estimates of 51 cents compared to 47 cents in the prior-year quarter.






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