Earnings season will remain in full swing next week, with Cisco Systems, Inc. (NASDAQ:CSCO) the lone Dow stock on the schedule. Gold stocks will be a particular focus, with Barrick Gold (ABX) and Yamana Gold (AUY) among the key names on the earnings docket. The economic calendar doesn't feature any major reports, but several Federal Reserve officials are due to speak, including Fed Chair Janet Yellen, who will head to Capitol Hill on Tuesday and Wednesday.
Below is a brief list of some key market events scheduled for the upcoming week. All earnings dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.
There are no notable economic reports set for release on Monday, Feb. 13. Noble Energy (NBL), Rent-A-Center (RCII), and Teva Pharmaceutical (TEVA) are among the companies due to report earnings.
On Tuesday, Feb. 14, the producer price index (PPI) will hit the Street. In addition, Fed Chair Janet Yellen will speak before the Senate Banking Committee, while Richmond Fed President Jeffrey Lacker, Atlanta Fed President Dennis Lockhart, and Dallas Fed President Robert Kaplan also have scheduled speeches. On the earnings front, American International Group (AIG), Boyd Gaming (BYD), Caesars Entertainment (CZR), Diana Shipping (DSX), Dr Pepper Snapple (DPS), Express Scripts (ESRX), Fossil (FOSL), Lending Club (LC), Molson Coors (TAP), SolarEdge (SEDG), and T-Mobile (TMUS) will step into the spotlight.
Scheduled on Wednesday, Feb. 15 are the consumer price index (CPI), retail sales, the Empire State manufacturing survey, industrial production data, business inventories, the housing market index, regularly scheduled crude inventories, and Treasury International Capital (TIC) data. In addition, Yellen will give her monetary policy testimony before the House Financial Services Committee. Boston Fed President Eric Rosengren and Philadelphia Fed President Patrick Harker will step up to the mic, too.
CSCO, Angie's List (ANGI), Applied Materials (AMAT), ABX, CBS (CBS), Goldcorp (GG), Groupon (GRPN), Hilton Hotels (HLT), Kinross Gold (KGC), Marathon Oil (MRO), Marriott (MAR), NetApp (NTAP), PepsiCo (PEP), Shopify (SHOP), SodaStream (SODA), SunPower (SPWR), Teck Resources (TECK), TiVo (TIVO), and TripAdvisor (TRIP) will take their turns in the earnings confessional.
Slated for release on Thursday, Feb. 16 are housing starts, weekly jobless claims, and the Philadelphia Fed business outlook survey. Among the companies reporting quarterly earnings will be Agios Pharmaceuticals (AGIO), Alexion Pharmaceuticals (ALXN), Avon Products (AVP), Charter Communications (CHTR), GNC Holdings (GNC), Himax Technologies (HIMX), Melco Crown Entertainment (MPEL), MGM Resorts (MGM), Shire (SHPG), Tempur Sealy (TPX), TrueCar (TRUE), Waste Management (WM), WebMD (WBMD), Wendy's (WEN), and AUY.
The economic docket is fairly empty on Friday, Feb. 17. Bloomin' Brands (BLMN), Campbell Soup (CPB), Deere (DE), J.M. Smucker (SJM), and VF Corp (VFC) will wrap up the week's earnings calendar.
SCHAEFFER'S PARTNER CENTER
Visit Schaeffer’s Broker Center today to open your account and gain access to exclusive offers from top brokers.
Analyst Downgrades: Fitbit Inc, Tripadvisor Inc, and L-3 Communications Holdings, Inc.
Dow Jones Industrial Average Futures Up Triple Digits, Eye Record Highs
Earnings Roundup: Accenture Plc, ConAgra Foods Inc, and PepsiCo, Inc.
Dow Jones Industrial Average Futures Slip as Oil Takes a Breather
Trump's Tax Plan, Fed Boost Stock Market Into Uncharted Territory
Dow Jones Industrial Average on Track for Fifth Straight Record Close
Nike Earnings, Yellen Speech Take Focus
Earnings Take a Back Seat to Fed, Potential Rate Hike