The Senate Banking Committee sets its sights on Wall Street reform in its Tuesday hearing, and Federal Reserve Board of Governors’ Daniel Tarullo will testify, among others.
August Retail Sales will be reported on Friday, and a handful of retailers will report earnings this week, including Barnes & Noble, Kroger and Restoration Hardware.
What follows are calendar highlights for the week. (All times are Eastern Daylight Time; forecasts by analysts/economists polled by Zacks Investment Research.)
Federal Reserve Events
Tuesday, Sept. 9
Federal Reserve Governor Daniel Tarullo testifies before the Senate Banking Committee, 10 a.m., during the hearing on “Wall Street Reform: Assessing and Enhancing the Financial Regulatory System.” (Also slated to speak are FDIC Chair Martin Gruenberg, SEC Chair Mary Jo White and others.)
Â
Economic Reports
Tuesday, Sept. 9
Job Openings and Labor Turnover Survey (JOLTS), 10 a.m.
Â
Wednesday, Sept. 10
EIA Petroleum Status Report, 10:30 a.m.
Â
Thursday, Sept 11
Jobless Claims, 8:30 a.m.
Treasury Budget, 2 p.m.
Â
Friday, Sept. 12
Retail Sales, 8:30 a.m.
Import and Export Prices, 8:30 a.m.
Consumer Sentiment, 9:55 a.m.
Business Inventories, 10 a.m.
Company Earnings Reports
Monday, Sept. 8
Campbell Soup Co. (Consensus estimate: 49 cents a share vs 45 cents a year earlier)
Â
Tuesday, Sept. 9
Barnes & Noble (A loss of 68 cents a share vs a loss of 86 cents)
Burlington Stores (A loss of 9 cents a share)
Â
Wednesday, Sept. 10
Restoration Hardware (64 cents a share vs 49 cents)
Â
Thursday, Sept. 11
Kroger Co. (69 cents a share vs 60 cents)
Lululemon Athletica Inc. (29 cents a share vs 39 cents)
Â
Friday, Sept. 12
Darden Restaurants (32 cents a share vs 53 cents)
Best wishes,
The Money and Markets Team
