Earnings watch
Highlighting next week’s earnings releases are four Dow stocks - Alcoa, International Paper, JP Morgan and General Electric.
Others reports of significance include Yahoo, Biogen, Motorola, Gateway, Vitesse Semiconductor, PMC Sierra, Altera, Ariba, Maytag and Fannie Mae.
First Call said it’s highly likely that pre-announcements for the second quarter will be less negative than usual. The number of negative pre-announcements currently stands at 217 and final numbers will likely fall short of the 370 witnessed in the second-quarter of 1999, the earnings compiler said.
S&P 500 earnings growth for the second quarter is expected to come in at 19.2 percent, First Call said. The earnings compiler believes there is enough momentum to carry earnings growth in the third quarter to about 19 to 20 percent.
und wichtige Daten:
The highlights on the economic front include the June retail sales report and producer price index. Also due out: Industrial production, capacity utilization and import and export price data. See Economic Preview. In addition, Fed Chair Alan Greenspan will speak on Tuesday and Wednesday.
Highlighting next week’s earnings releases are four Dow stocks - Alcoa, International Paper, JP Morgan and General Electric.
Others reports of significance include Yahoo, Biogen, Motorola, Gateway, Vitesse Semiconductor, PMC Sierra, Altera, Ariba, Maytag and Fannie Mae.
First Call said it’s highly likely that pre-announcements for the second quarter will be less negative than usual. The number of negative pre-announcements currently stands at 217 and final numbers will likely fall short of the 370 witnessed in the second-quarter of 1999, the earnings compiler said.
S&P 500 earnings growth for the second quarter is expected to come in at 19.2 percent, First Call said. The earnings compiler believes there is enough momentum to carry earnings growth in the third quarter to about 19 to 20 percent.
und wichtige Daten:
The highlights on the economic front include the June retail sales report and producer price index. Also due out: Industrial production, capacity utilization and import and export price data. See Economic Preview. In addition, Fed Chair Alan Greenspan will speak on Tuesday and Wednesday.
