Monday
U.S. markets are closed for Presidents’ Day
Canadian markets are closed for Family Day
Tuesday
U.S.
Economic lookahead
Empire State Manufacturing Survey (Feb.)
Housing Market Survey (Feb.)
E-Commerce Retail Sales (Q4/2014) This constitutes sales of goods and services where an order is placed by the buyer or where price and terms of sale are negotiated over the Internet, an extranet, Electronic Data Interchange network, or other online system.
Featured Earnings
MGM Resorts International (NYSE: MGM) (Q4) EPS estimates of six cents, compared to 11 cents in the prior-year quarter.
Goodyear Tire & Rubber Company (NASDAQ: GT) (Q4) EPS estimates of 65 cents, compared to 74 cents in the prior-year quarter.
Waste Management Inc. (NYSE: WM) (Q4) EPS estimates of 61 cents, compared to 56 cents in the prior-year quarter.
Canada
Economic lookahead
Int’l Transactions in Securities (Dec.) Foreign investment in Canadian securities slowed to $4.3 billion in November. Canadian investors added $1.8 billion of foreign securities to their holdings.
CREA Stats – MLS sales (Jan.) The Canadian Real Estate Association reported that national home sales fell 5.8% from November to December.
Featured Earnings
Canadian Tire Corporation, Limited (T.CTC.A) (Q4) EPS estimates of $2.50, compared to $2.35 in the prior-year quarter.
Bombardier Inc. (T.BBD.B) (Q4) EPS estimates of three cents, compared to seven cents in the prior-year quarter. Early this month, Bombardier Commercial Aircraft signed a deal with Chorus Aviation, parent company of Jazz Aviation LP whereby Chorus will acquire 13 Q400 NextGen aircraft and options for 10 Q400 NextGenaircraft.
Canadian Apartment Properties Real Estate Investment Trust (T.CAR.UN) (Q4) EPS estimates of 38 cents, compared to 81 cents in the prior-year quarter.
Superior Plus Corp. (T.SPB) (Q4) EPS estimates of 35 cents, compared to 19 cents in the prior-year quarter. Superior Plus last week announced its cash dividend for February of $0.06 per share payable on March 13.
RONA inc. (T.RON) (Q4) EPS estimates of 12 cents, compared to four cents in the prior-year quarter.
Wednesday
U.S.
Economic lookahead
Housing Starts (Jan.)
Producer Price Index (Jan.) (FD-ID) The Producer Price Index of the U.S. Bureau of Labor Statistics is a family of indexes that measure the average change over time in the prices received by domestic producers of goods and services. The headline PPI (for Final Demand) measures price changes for goods, services, and construction sold to final demand: personal consumption, capital investment, government purchases, and exports.
Redbook (Weekly)
Industrial Production (Jan.) 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
FOMC Minutes (late January)
Featured Earnings
CyrusOne Inc. (NASDAQ: CONE) (Q4) EPS estimates of 42 cents, compared to 37 cents in the prior-year quarter.
Hilton Worldwide Holdings Inc. (NYSE: HLT) (Q4) EPS estimates of 18 cents, compared to 11 cents in the prior-year quarter. Early this month, DoubleTree by Hilton announced the opening of DoubleTree by Hilton Galveston Beach, Texas a contemporary five-story, 97-room hotel located in the heart of the island’s teeming dining and entertainment districts and overlooking the sandy beaches of the Gulf of Mexico.
SUNOCO INC (NYSE: SUN) (Q4) EPS estimates of 61 cents, compared to 43 cents in the prior-year quarter. Early this month, the oil producer announced a 60-cent-per-share quarterly dividend, 10% better than last quarter.
Canada
Economic lookahead
Wholesale Trade (Dec.) Wholesale sales declined 0.3% to $54.0 billion in November, following two consecutive monthly gains.
Featured Earnings
Barrick Gold Corporation (T.ABX) (Q4) EPS estimates of 14 cents, compared to 37 cents in the prior-year quarter.
First Quantum Minerals Ltd. (T.FM) (Q4) EPS estimates of 18 cents, compared to 23 cents in the prior-year quarter.
Lundin Mining Corporation (T.LUN) (Q4) EPS estimates of eight cents, compared to seven cents in the prior-year quarter. The company boasted recently that it exceeded the high-end of its annual production guidance for zinc and nickel while meeting overall targets for copper and lead.
Northland Power Inc. (T.NPI) (Q4) EPS estimates of 13 cents, compared to 10 cents in the prior-year quarter.
Russel Metals Inc. (T.RUS) (Q4) EPS estimates of 52 cents, compared to 37 cents in the prior-year quarter.
Thursday
U.S.
Economic lookahead
EIA Petroleum Status Report (Feb. 9-15)
Weekly jobless claims (Feb. 9-15)
PMI Manufacturing Index (Feb.)
Leading Indicators (Jan.) A composite index of 10 economic indicators that should lead overall economic activity.
Featured Earnings
Consolidated Edison Inc. (NYSE: ED) (Q4) EPS estimates of 56 cents, compared to 68 cents in the prior-year quarter. “Con Ed”, as it’s called colloquially, is one of the U.S. largest investor-owned energy companies, with approximately $12 billion in annual revenues and $41 billion in assets.
Priceline.com Inc. (NASDAQ: PCLN) (Q4) EPS estimates of $9.30, compared to $8.40 in the prior-year quarter. Last week, IBM announced is suing Priceline accusing it of infringing on four patents and claiming billions of dollars in royalties
Wal-Mart Stores (WMT) (Q4) EPS estimates of $1.54, compared to $1.60 in the prior-year quarter.
Canada
Economic lookahead
Employment Insurance (Dec.) Those of us receiving regular Employment Insurance benefits in November totaled 490,500, little changed (-0.3%) from the previous month.
Featured Earnings
Goldcorp Inc. (T.G) (Q4) EPS estimates of 13 cents, compared to nine cents in the prior-year quarter. This month, Goldcorp declared a five-cent-per-share monthly dividend, in line with expectations.
Fortis Inc. (T.FTS) (Q4) EPS estimates of 49 cents, compared to 48 cents in the prior-year quarter.
Inter Pipeline Ltd. (T.IPL) (Q4) EPS estimates of 28 cents, compared to 26 cents in the prior-year quarter.
Friday
U.S.
Featured Earnings
Deere & Co. (NYSE: DE) (Q4) EPS estimates of 83 cents, compared to $1.81 in the prior-year quarter.
Gibraltar Industries Inc. (NASDAQ: ROCK) (Q4) EPS estimates of one cent, compared to eight cents in the prior-year quarter.
Canada
Economic lookahead
Retail Trade (Dec.) Retail sales rose 0.4% in November to $43.0 billion.
Featured Earnings
West Fraser Timber Co. Ltd. (T.WFT) (Q4) EPS estimates of $1.01, compared to 58 cents in the prior-year quarter.
Enbridge Inc. (T.ENB) (Q4) EPS estimates of 53 cents, compared to 44 cents in the prior-year quarter.
Agrium Inc. (T.AGU) (Q4) EPS estimates of 61 cents, compared to 47 cents in the prior-year quarter.
Canadian Utilities Limited (T.CU) (Q4) EPS estimates of 60 cents, compared to 51 cents in the prior-year quarter.
