Manufacturing Sales, BoC in Focus Next Week

Monday

U.S.

Economic lookahead

Retail Sales (Mar.)

Business Inventories (Feb.)

Housing Market Index (April)

Featured Earnings

Bank of America (NYSE: BAC) (Q1) EPS estimates for 59 cents, compared to 41 cents in the prior-year quarter.

Celanese Corporation (NYSE: CE) (Q1) EPS estimates for $2.33, compared to $1.81 in the prior-year quarter.

Netflix Inc. (NASDAQ: NFLX) (Q1) EPS estimates for 63 cents, compared to 40 cents in the prior-year quarter.

Canada

Economic lookahead

CREA Stats (March) The Canadian Real Estate Association reported national home sales declined further in February 2018. National home sales declined by 6.5% from January to February. Actual (not seasonally-adjusted) activity was down 16.9% year-over-year in February.

Featured Earnings

People Corporation (T.PEO) (Q2) EPS estimates for six cents, compared to three cents in the prior-year quarter.

Tuesday

U.S.

Economic lookahead

Housing Starts (Mar.)

Industrial Production (Mar.)

Redbook (Weekly)

Featured Earnings

Goldman Sachs (NYSE: GS) (Q1) EPS estimates for $5.62, compared to $5.15 in the prior-year quarter.

Hancock Holding Company (NASDAQ; HBHC) (Q1) EPS estimates for 89 cents, compared to 63 cents in the prior-year quarter.

Johnson & Johnson (NYSE: JNJ) (Q1) EPS estimates for $2.01, compared to $1.83 in the prior-year quarter.

Canada

Economic lookahead

Canada’s International Transactions in Securities (Feb.) Foreign investors resumed their investment in Canadian securities by adding $5.7 billion to their holdings in January. Meanwhile, Canadian investment in foreign securities totaled $13.3 billion, a second consecutive month of strong acquisitions.

Monthly Survey of Manufacturing (Feb.) Manufacturing sales decreased 1.0% to $54.9 billion in January.

Wednesday

U.S.

EIA Petroleum Status Report (April 10-16)

Beige Book (Mar.)

Featured Earnings

American Express Company (NYSE: AXP) (Q1) EPS estimates for $1.73, compared to $1.34 in the prior-year quarter.

Morgan Stanley (NYSE: MS) (Q1) EPS estimates for $1.27, compared to $1.00 in the prior-year quarter.

Pier 1 Imports Inc. (NYSE: PIR) (Q4) EPS estimates for 19 cents, compared to 34 cents in the prior-year quarter.

Canada

Economic lookahead

Bank of Canada Rate Announcement (April) The Bank of Canada in March maintained its target for the overnight rate at 1.25%. The Bank Rate is correspondingly 1.5% and the deposit rate is 1%.

Featured Earnings

Canadian Pacific Railway Limited (T.CP) (Q1) EPS estimates of $2.76, compared to $2.50 in the prior-year quarter.

Thursday

U.S.

Economic lookahead

Jobless Claims (April 5-11)

Leading Indicators (Mar.)

Balance Sheet

Money Supply

Featured Earnings

Alliance Data Systems Corporation (NYSE: ADS) (Q1) EPS estimates of $4.21, compared to $3.64 in the prior-year quarter.

E*Trade Financial Corporation (NASDAQ: ETFC) (Q1) EPS estimates of 76 cents, compared to 48 cents in the prior-year quarter.

Home BancShares, Inc. (NASDAQ: HOMB) (Q1) EPS estimates of 41 cents, compared to 33 cents in the prior-year quarter.


Canada

Economic Lookahead

Employment Insurance (Feb.) The number of regular Employment Insurance beneficiaries fell by 5,800 or 1.2% in January to 494,200, continuing a downward trend that began in October 2016.


Featured Earnings

Opsens Inc. (T.OPS) (Q2) EPS estimates for loss of one cent, identical to the prior-year quarter.

Rogers Communications Inc. (T.RCI.B) (Q1) EPS estimates of 75 cents, compared to 61 cents in the prior-year quarter

Celestica Inc. (T.CLS) (Q1) EPS estimates of 24 cents, compared to 29 cents in the prior-year quarter


Friday

U.S.

Featured Earnings

Ericsson (NASDAQ: ERIC) (Q1) EPS estimates for loss of three cents, compared to loss of 27 cents in the prior-year quarter

General Electric Company (NYSE: GE) (Q1) EPS estimates of 11 cents, compared to 21 cents in the prior-year quarter

Procter & Gamble Company (PG) (Q3) EPS estimates of 99 cents, compared to 96 cents in the prior-year quarter


Canada

Economic Lookahead

Consumer Price Index (March) CPI rose 2.2% on a year-over-year basis in February, following a 1.7% increase in January. On a seasonally adjusted monthly basis, the Consumer Price Index was up 0.2% in February after increasing 0.5% in January.

Retail Sales (Feb.) Statistics Canada reported that retail sales increased 0.3% in January to $49.9 billion. General merchandise stores were the largest contributors to the increase