Through The Fly's Eyes: A Quick Look Ahead
from Eric Buscemi of Theflyonthewall.com
Highlights For Next Week
January's earnings period is heating up, with Apple and Motorola reporting this upcoming week. Also there are two more interesting industry conferences coming on the heels of the CES and Macworld.
Monday January 15
* The 96th Annual National Retail Federation Conference will be held in N.Y.
* The North American International Auto Show 2007 will be held in Detroit.
Tuesday January 16
* US Bancorp (USB) will report Q4 earnings, conference call at 2pm. The bank is expected to report solid EPS but declining revenue. Wall Street will be looking to evaluate USB's comments on where it sees the U.S. economy heading in 2007.
* American Power Conversion (APCC) will hold a special shareholder meeting at 2pm to vote on the proposed merger with Schneider Electric.
Wednesday January 17
* Apple Inc (AAPL) will report Q1 2007 earnings, conference call at 5pm. Investors and analysts will be looking for further details and clarification on the iPhone, and will also be looking to see how much progress the company's Macs are making against rival PCs.
* Monsanto Company (MON) will hold its annual investor meeting at 3pm in St. Louis. Investors will be waiting to hear any news on the merger with Delta & Pine Land (DLP), which was announced last August, but has been delayed by antitrust concerns.
Thursday January 18
* Harley Davidson Inc (HOG) will report its Q4 2006 earnings, conference call at 9am. The focus of the report will be the company's inventory, order backlog and its ability to keep up with customer demand. Wall Street will also be looking at Harley Davidson's ability to reduce the time it takes to get new motorcycles to market.
Friday January 19
* Motorola, Inc (MOT) will report its Q4 2006 earnings, conference call at 7:30am. Investors will look to see if Motorola's earnings release does anything to ease concerns brought on by two recent downgrades, from Buy to Neutral/Hold, one which claimed "uncertainty over U.S. market share trends in 2007."