Money and Markets Economic and Company Calendar May 12-16
It’s going to be another busy week, with a number of potentially market-moving items on the calendar, from economic data including Housing Starts, Industrial Production and the Consumer Price Index, to a speech by Fed Chair Janet Yellen and earnings reports.
Retail sales for April will be reported on Tuesday after a group of chain stores last week said sales for that month jumped 6.4 percent, the biggest gain in almost three years, and a number of big-box retailers report first-quarter earnings this week, including Wal-Mart and Macy’s.
What follows are calendar highlights for the week. (All times are Eastern Daylight Time; forecasts by analysts/economists polled by Bloomberg.)
Federal Reserve Events
Monday, May 12
Philadelphia Fed President Charles Plosser speaks in Philadelphia on labor and economic trends in older communities, 12 p.m .
Tuesday, May 13
Atlanta Fed President Dennis Lockhart speaks in Riyadh, Saudi Arabia, on the economic outlook, 12:30 a.m.
Richmond Fed President Jeffrey Lacker speaks at a credit markets symposium in Charlotte, North Carolina, 10:30 a.m.
Thursday, May 15
Fed Chair Janet Yellen speaks to the U.S. Chamber of Commerce and U.S. Small Business Administration
New York Fed President William Dudley speaks at a small business credit conference in New York, 8:30 a.m.
Friday, May 16
St. Louis Fed President James Bullard speaks in Lillte Rock, Arkansas on the economy and monetary policy, 11:50 a.m.
Economic Reports
Monday, May 12
Treasury Budget, 2 p.m.
Tuesday, May 13
Retail Sales, 8:30 a.m.
Import and Export Prices, 8:30 a.m.
Business Inventories, 10 a.m.
Wednesday, May 14
PPI-FD, 8:30 a.m.
Housing Market Index, 10 a.m.
EIA Petroleum Status Report, 10:30 a.m.
Thursday, May 15
Consumer Price Index, 8:30 a.m.
Jobless Claims, 8:30 a.m.
Empire State Manufacturing Survey, 8:30 a.m.
Treasury International Capital, 9 a.m.
Industrial Production, 9:15 a.m.
Philadelphia Fed Survey, 10 a.m.
Friday, May 16
Housing Starts, 8:30 a.m.
Consumer Sentiment, 9:55 a.m.
Company Earnings Reports
Monday, May 12
Elizabeth Arden
McKesson Corp. (Consensus estimate: $2.43 a share)
Wednesday, May 14
Abercrombie & Fitch Co.
Cisco Systems (44 cents a share)
Coty Inc. (15 cents per A share)
Deere & Co. ($2.62 a share)
Macy’s, Inc. (61 cents a share)
Re/Max Holdings (25 cents a share)
Thursday, May 15
Dillards, Inc.
J.C. Penney, Co. (a loss of $1.10 per share)
Kohls Corp. (70 cents a share)
Nordstrom, Inc.
Wal-Mart Stores ($1.26 a share)
Best wishes,
The Money and Markets Team
