The Week Ahead: Fed Minutes; Home Depot and Walmart

Next week's calendar features the Federal Open Market Committee's (FOMC) meeting minutes, as well as earnings from Home Depot Inc (NYSE:HD) and Wal-Mart Stores, Inc. (NYSE:WMT)

May 14, 2015 at 3:21 PM
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Next week's economic docket is highlighted by the Federal Open Market Committee's (FOMC) latest meeting minutes, which come out on Wednesday. Additionally, housing data is in the limelight, as housing starts, existing home sales, and the National Association of Home Builders (NAHB) housing market index are slated for release. What's more, home improvement stores Home Depot Inc (NYSE:HD) and Lowe's Companies, Inc. (NYSE:LOW) will report, along with retailers Wal-Mart Stores, Inc. (NYSE:WMT), Target Corporation (NYSE:TGT), and Best Buy Co Inc (NYSE:BBY); tech concerns Hewlett-Packard Company (NYSE:HPQ), Marvell Technology Group Ltd. (NASDAQ:MRVL), and Salesforce.com, inc. (NYSE:CRM);  and China-based firms Qihoo 360 Technology Co Ltd (NYSE:QIHU), JA Solar Holdings Co., Ltd. (ADR) (NASDAQ:JASO) and Trina Solar Limited (ADR) (NYSE:TSL)

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.

Monday 5/18
The week starts off with the National Association of Home Builders (NAHB) housing market index. For earnings, we'll see Agilent Technologies (A), JA Solar (JASO), Take-Two Interactive (TTWO), and Urban Outfitters (URBN). 

Tuesday 5/19
Housing starts is the lone report on Tuesday's docket. Revealing earnings will be Home Depot (HD), Wal-Mart Stores (WMT), Analog Devices (ADI), Cheetah Mobile (CMCM), Dick's Sporting Goods (DKS), Etsy (ETSY), NQ Mobile (NQ), Qihoo 360 Technology (QIHU), and TJX Companies (TJX).

Wednesday 5/20
On Wednesday, the minutes from the Federal Open Market Committee's (FOMC) latest meeting will be released, along with weekly crude inventories. Stepping up for earnings will be American Eagle Outfitters (AEO), Hormel Foods (HRL), L Brands (LB), Lowe's (LOW), NetApp (NTAP), Salesforce.com (CRM), Shoe Carnival (SCVL), SouFun (SFUN), Staples (SPLS), Target (TGT), and Williams-Sonoma (WSM). 

Thursday 5/21
Weekly jobless claims come out on Thursday, plus the Philadelphia Fed manufacturing survey and existing home sales. Advance Auto Parts (AAP), Aeropostle (ARO), Aruba Networks (ARUN), Best Buy (BBY), Buckle (BKE), Dollar Tree (DLTR), Gap (GPS), Hewlett-Packard (HPQ), Marvell Technology Group (MRVL), Ross Stores (ROST), and Trina Solar (TSL) will show their earnings power.  

Friday 5/22
Closing out the week is the consumer price index (CPI) and Markit's flash purchasing managers manufacturing index (PMI). ANN Inc (ANN), Campbell Soup (CPB), Deere & Company (DE), and Foot Locker (FL) will release earnings. 


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