Calendar
The following is a daily rundown of the economic reports and corporate earnings that will be grabbing the market's attention in the week ahead. Figures in brackets for earnings are Thomson Reuters mean estimates per share and usually represent adjusted earnings. Economic forecasts are based on economists surveys conducted by Dow Jones.
Monday, Dec. 9
(815 a.m. ET) Canada releases November housing starts, expected to rise to an annualized rate of 200,000 form October's 198,282.
Tuesday, Dec. 10
Earnings include:
H&R Block Inc. (US$0.37)
Smith & Wesson Holding Corp. (US$0.21)
Toll Brothers Inc. (US$0.42)
Wednesday, Dec. 11
Earnings include:
Hudson's Bay Co (C$0.11)
Laurentian Bank (C$1.31)
North West Co. (C$0.40)
Whistler Blackcomb (-C$0.21)
Costco Wholesale Corp. (US$1.04)
Joy Global Inc. (US$1.12)
Nordson Corp. (US$0.94)
The Men's Wearhouse Inc. (US$0.86)
Thursday, Dec. 12
(830 a.m. ET) Canada releases October new housing price index.
(830 a.m. ET) Canada releases third-quarter capacity utilization.
(830 a.m. ET) U.S. releases jobless claims for last week, forecast to rise to 320,000 from the previous week's new claims of 298,000.
(830 a.m. ET) U.S. releases retail sales for November, forecast to rise 0.6 per cent after gaining 0.4 per cent in October. Excluding autos, retail sales are expected to rise 0.2 per cent, unchanged from the previous week.
(10 a.m. ET) U.S. releases business inventories for October, forecast to rise 0.3 per cent after gaining 0.6 per cent the previous month.
Earnings include:
BRP Inc (C$0.42)
Empire Co (C$1.13)
Lulumemon Athletica (US$0.41)
Transat AT (C$1.00)
Adobe Systems Inc. (US$0.32)
Ciena Corp. (US$0.24)
Friday, Dec. 13
(830 a.m. ET) U.S. releases producer price index for November, forecast to rise 0.1 per cent after falling 0.2 per cent in October. Excluding food and energy, the PPI is forecast to rise 0.1 per cent after gaining 0.2 per cent the previous month.