Monday
U.S.
Economic lookahead
Purchasing Managers Index Services – Flash (July)
Pending Home Sales (June)
Featured Earnings
Cummins Inc. (NYSE: CMI) (Q2) EPS estimate of $2.39, compared to $2.20 in the prior-year quarter.
Denny’s (NASDAQ: DENN) (Q2) EPS estimate of eight cents, identical to the prior-year quarter.
Herbalife (NYSE: HLF) (Q2) EPS estimate of $1.57, compared to $1.41 in the prior-year quarter. Activist investor Bill Ackman, whose hedge fund Pershing Square Capital Management placed a $1-billion U.S. bet that Herbalife will go bust under regulatory scrutiny, told a conference of investors in New York that the firm’s recruiting methods violate U.S. labour laws by employing drinks makers and babysitters without pay.
Tyson Foods Inc. (NYSE: TSN) EPS estimate of 83 cents, compared to 69 cents in the prior-year quarter.
Canada
Featured Earnings
Cenovus Energy Inc. (T.CVE) (Q2) EPS estimate of 48 cents, compared to 34 cents in the prior-year quarter.
Tuesday
U.S.
Economic lookahead
S&P Case-Shiller Home Price Index (May)
Conference Board Consumer Confidence (July)
ICSC-Goldman Store Sales (Weekly)
Redbook. A weekly measure of comparable store sales at chain stores, discounters, and department stores.
Featured Earnings
AFLAC Inc. (NYSE: AFL) (Q2) EPS estimate of $1.59, compared to $1.62 in the prior-year quarter. Paul Amos, who passed away this month, at age 88, co-founded AFLAC with his two brothers in 1955.
American Express Co. (NYSE: AXP) (Q2) EPS estimate of $1.38, compared to $1.27 in the prior-year quarter. American Express this week declared a regular quarterly dividend of $0.26 per common share, payable on November 10, 2014 to shareholders of record on October 3
Ballard Power Systems Inc. (NASDAQ: BLDP) (Q2) EPS estimate for loss of three cents, compared to a loss of five cents in the prior-year quarter.
Dreamworks Animation SKG Inc. (NASDAQ: DWA) (Q2) EPS estimate for breakeven, compared to 26 cents in the prior-year quarter.
Canada
Featured Earnings
Suncor Energy Inc. (T.SU) (Q2) EPS estimate of 97 cents, compared to 62 cents in the prior-year quarter. The energy concern released its sustainability report for the year this month, outlining Suncor's environmental, social and economic performance and explores the challenges and opportunities related to producing energy.
Talisman Energy Inc. (T.TLM) (Q2) EPS estimate of seven cents, compared to a loss of three cents in the prior-year quarter.
George Weston Limited (T.WN) (Q2) EPS estimate of $1.08, compared to $1.10 in the prior-year quarter.
MEG Energy Corp. (T.MEG) (Q2) EPS estimate of 42 cents, compared to six cents in the prior-year quarter.
Wednesday
U.S.
Economic lookahead
EIA Petroleum Status Report (July 21-25)
ADP Employment Report (July)
Gross Domestic Product (Q2)
FOMC Meeting Announcement (2 p.m. ET)
Featured Earnings
Allstate Corp. (NYSE: ALL) (Q2) EPS estimate of 84 cents, compared to $1.12 in the prior-year quarter. The “good-hands” people announced this week a quarterly dividend of 28 cents on each outstanding share of the corporation's common stock, payable in cash on October 1, to stockholders of record at the close of business on August 29.
Curtiss-Wright Corp. (NYSE: CW) (Q2) EPS estimate of 78 cents, compared to 70 cents in the prior-year quarter.
FMC Corp. (NYSE: FMC) (Q2) EPS estimate of $1.02, compared to 94 cents in the prior-year quarter.
Canada
Economic lookahead
Industrial Product Price Index (June) The index was down 0.5% in May, mainly because of lower prices for energy and petroleum products.
Raw Materials Price Index (June) This index declined 0.4%, mostly as a result of lower prices for animals and animal products.
Featured Earnings
CGI Group Inc. (T.GIB.A) (Q2) EPS estimate of 74 cents, compared to 63 cents in the prior-year quarter.
Imperial Oil Limited (T.IMO) (Q2) EPS estimate of $1.10, compared to 34 cents in the prior-year quarter.
Thomson Reuters Corporation (T.TRI) (Q2) EPS estimate of $1.10, compared to 34 cents in the prior-year quarter..
Barrick Gold Corporation (T.ABX) (Q2) EPS estimate of 18 cents, compared to 66 cents in the prior-year quarter. In mid-July, Barrick reached an agreement to form a joint venture with Saudi Arabian Mining Company (Ma'aden) to operate the Jabal Sayid copper mine in Saudi Arabia.
Thursday
U.S.
Economic lookahead
Weekly jobless claims (July 21-25)
Chicago PMI (July)
Featured Earnings
Colgate-Palmolive Co. (NYSE: CL) (Q2) EPS estimate of 73 cents, compared to 70 cents in the prior-year quarter.
ConocoPhillips (COP) (Q2) EPS estimate of $1.61, compared to $1.41 in the prior-year quarter.
Exxon Mobil Corp. (XOM) (Q2) EPS estimate of $1.88, compared to $1.55 in the prior-year quarter.
Canada
Economic lookahead
Gross Domestic Product (May) Statistics Canada said real GDP grew 0.1% in April, the same pace as in March. The output of service industries increased 0.3%, while the output of goods-producing industries declined 0.3%.
Featured Earnings
Goldcorp Inc. (T.G) (Q2) EPS estimate of 15 cents, compared to 14 cents in the prior-year quarter. The gold giant in June reminded holders of shares of Gold Eagle Mines Ltd. that the sunset clause on exchanging these shares for common shares of Goldcorp Inc. and cash expires near the end of September, and to get a move on.
Canadian Oil Sands Limited (T.COS) (Q2) EPS estimate of 25 cents, compared to 45 cents in the prior-year quarter.
Enbridge Inc. (T.ENB) (Q2) EPS estimate of 39 cents, compared to 38 cents in the prior-year quarter.
Friday
U.S.
Economic lookahead
Employment Situation (July)
PMI Manufacturing Index (July)
University of Michigan Consumer Sentiment (July)
Institute for Supply Management Manufacturing Index (July)
Construction Spending (June)
Featured Earnings
Chevron (NYSE: CVX) (Q2) EPS estimate of $2.73, compared to $2.77 in the prior-year quarter.
Procter & Gamble Co. (NYSE: PG) (Q2) EPS estimate of 91 cents, compared to 79 cents in the prior-year quarter.
Weyerhaeuser Co. (NYSE: WY) (Q2) EPS estimate of 34 cents, compared to 35 cents in the prior-year quarter.
Canada
Featured Earnings
Catamaran Corporation (T.CCT) (Q2) EPS estimate of 51 cents, compared to 49 cents in the prior-year quarter.
