Monday
U.S.
American markets are closed for Martin Luther King Day.
Canada
Economic lookahead
Int’l Transactions in Securities (Nov.) Foreigners bought $9.5 billion of our securities in October, while Canadian investment in foreign securities slowed to $293 million, down from an $8.3-billion investment in September.
Tuesday
U.S.
Economic lookahead
Housing Market Index (Jan.) 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
Halliburton Co. (NYSE: HAL) (Q4) EPS estimates of $1.14, compared to 93 cents in the prior-year quarter. Barclays began coverage this month of Halliburton as its top pick in the oilfield services and equipment sector at the same time as it views the overall sector as fairly valued.
International Business Machines Corp (NYSE: IBM) (Q4) EPS estimates of $5.49, compared to $6.13 in the prior-year quarter. “Big Blue” last week announced that it received a record 7,534 patents in 2014 -- marking the 22ndconsecutive year that the company topped the annual list of U.S. patent recipients.
Morgan Stanley (NYSE: MS) (Q4) EPS estimates of 51 cents, compared to 50 cents in the prior-year quarter.
Netflix Inc. (NASDAQ: NFLX) (Q4) EPS estimates of 44 cents, compared to 79 cents in the prior-year quarter. Netflix programs proved major winners at this month’s Golden Globe awards, most notably “House of Cards” and “Orange is the New Black”.
Canada
Economic lookahead
Monthly Survey of Mfg. (Nov.) Manufacturing sales declined 0.6% in October, the second decrease in 2014.
Featured Earnings
Celestica Inc. (T.CLS) (Q4) EPS estimates of 24 cents, identical to prior-year quarter. Celestica is a global leader in the delivery of end-to end-product lifecycle solutions.
Wednesday
U.S.
Economic lookahead
Housing Starts (Dec.)
Redbook (Weekly)
Featured Earnings
American Express Company (NYSE: AXP) (Q4) EPS estimates of $1.38, compared to $1.25 in prior-year quarter.
eBay Inc. (NASDAQ: EBAY) (Q4) EPS estimates of 78 cents, compared to 71 cents in prior-year quarter.
Logitech International S.A. (NASDAQ: LOGI) (Q3) EPS estimates of 31 cents, compared to 32 cents in prior-year quarter.
Canada
Economic lookahead
Wholesale Trade (Nov.) Wholesale sales edged up 0.1% to $54.2 billion in October, a second consecutive monthly increase.
Thursday
U.S.
Economic lookahead
PMI Mfg. Index Flash (Jan.)
Weekly jobless claims (Jan. 17-23)
EIA Petroleum Status Report (Jan. 17-23)
Featured Earnings
Capital One Financial Corp. (NYSE: COF) (Q4) EPS estimates of $1.73, compared to $1.48 in prior-year quarter.
E*TRADE Financial Corporation (ETFC) (Q4) EPS estimates of 23 cents, compared to 20 cents in prior-year quarter.
Starbucks Corp. (SBUX) (Q1) EPS estimates of 80 cents, compared to 71 cents in prior-year quarter.
Canada
Economic lookahead
Employment Insurance (Nov.) Canadians on regular Employment Insurance benefits totaled 491,400 in October, little changed from September.
Featured Earnings
Canadian Pacific Railway Limited (T.CP) (Q4) EPS estimates of $2.56, compared to $1.91 prior-year quarter. CP’s Chief Executive Officer Keith Creel will be addressing two investor conferences in Florida during February.
U.S.
Economic lookahead
Existing Home Sales (Dec.) Existing home sales tally the number of previously constructed homes, condominiums and co-ops in which a sale closed during the month.
Leading Indicators (Dec.) This is a composite index of 10 economic indicators that should lead overall U.S. economic activity.
Featured Earnings
Honeywell International Inc. (NYSE: HON) (Q4) EPS estimates of $1.42, compared to $1.24 in the prior-year quarter.
Kimberly-Clark Corp. (NYSE: KMB) (Q4) EPS estimates of $1.38, compared to $1.44 in the prior-year quarter.
Rockwell Collins Inc. (NYSE: COL) (Q1) EPS estimates of $1.09, compared to 96 cents in the prior-year quarter.
Canada
Economic lookahead
Retail Trade (Nov.) Retail sales held at $42.8 billion in October.
Consumer Price Index (Dec.) Inflation rose 2.0% in the 12 months to November, following a 2.4% increase in October. On a monthly basis, CPI declined 0.2% in November, after rising 0.1% in October.
