CPI, EI Figures Due Next Week in Canada

Monday

U.S.

Economic lookahead

Housing Market Index (April)

Featured Earnings

Barracuda Networks Inc. (NYSE: CUDA) (Q4) EPS estimates of five cents, compared to seven cents in the prior-year quarter

Brown & Brown Inc. (NYSE: BRO) (Q1) EPS estimates of 42 cents, compared to 44 cents in the prior-year quarter

M&T Bank Corporation (NYSE: MTB) (Q1) EPS estimates of $1.92, compared to $1.87 in the prior-year quarter

Netflix Inc. (NASDAQ: NFLX) (Q1) EPS estimates of 38 cents, compared to six cents in the prior-year quarter

Canada

Economic lookahead

CREA Stats (March) The Canadian Real Estate Association said national home sales rose 5.2% from January to February. Actual (not seasonally-adjusted) activity in February was down 2.6% from a year earlier.

Tuesday

Economic lookahead

Housing Starts (March)

Redbook (Weekly)

Industrial Production (March)

Featured Earnings

Bank of America Corporation (NYSE: BAC) (Q1) EPS estimates of 35 cents, compared to 21 cents in the prior-year quarter

Goldman Sachs Group Inc. (NYSE: GS) (Q1) EPS estimates of $5.32, compared to $2.68 in the prior-year quarter

Harley-Davidson Inc. (NYSE: HOG) (Q1) EPS estimates of 99 cents, compared to $1.36 in the prior-year quarter


Canada

Economic lookahead

International Transactions in Securities (Feb.) Foreign investment in Canadian securities slowed to $6.2 billion in January, down from $10.2 billion in December. At the same time, Canadian investors increased their holdings of foreign securities by $8.6 billion, led by purchases of U.S. instruments.

Featured Earnings

Opsens Inc. (T.OPS) (Q2) EPS estimates for loss of two cents, identical to prior-year quarter.

Rogers Communications Inc. (T.RCI.B) (Q1) EPS estimates of 57 cents, compared to 51 cents in the prior-year quarter.

Winpak Ltd. (T.WPK) (Q1) EPS estimates of 42 cents, compared to 41 cents in the prior-year quarter.

Wednesday

U.S.

Economic lookahead

EIA Petroleum Report (April 4-10)

Beige Book

Featured Earnings

American Express Company (NYSE: AXP) (Q1) EPS estimates of $1.28, compared to $1.45 in the prior-year quarter. In late March, the company declared a regular quarterly dividend of $0.32 per common share, payable on May 10, to shareholders of record on April 7.

CSX Corporation (NASDAQ: CSX) (Q1) EPS estimates of 43 cents, compared to 37 cents in the prior-year quarter.

Genuine Parts Company (GPC) (Q1) EPS estimates of $1.05, identical to the prior-year quarter. Last week, Genuine Parts announced today an acquisition for its Electrical/Electronic Materials Group. EIS, the Company's Electrical/Electronic Materials Group, has acquired Empire Wire and Supply (Empire). Empire, headquartered in Rochester Hills, Michigan, is an innovative provider of custom cable assemblies and distributor of network, electrical, automation and safety products.


Canada


Featured Earnings

Canadian Pacific Railway Limited (T.CP) (Q1) EPS estimates of $2.48, compared to $2.50 in the prior-year quarter.

Mullen Group Ltd. (T.MTL) (Q1) EPS estimates of 14 cents, compared to 23 cents in the prior-year quarter.



Thursday

U.S.

Economic lookahead

Jobless Claims (April 11-17)

Leading Indicators (March)

Federal Balance Sheet

Money Supply

Featured Earnings

Bank of New York Mellon Corporation (NYSE: BK) (Q1) EPS estimates of 80 cents, compared to 74 cents in the prior-year quarter.

D.R. Horton Inc. (NYSE: DHI) (Q2) EPS estimates of 59 cents, compared to 52 cents in the prior-year quarter.

Mattel Inc. (NASDAQ: MAT) (Q1) EPS estimates for loss of 17 cents, compared to loss of 13 cents in the prior-year quarter.

Canada

Economic lookahead

Employment Insurance (Feb.) In January, 567,900 people received EI benefits, little changed from the previous month. In the 12 months to January, the number of EI beneficiaries in Canada was up by 20,300 or 3.7%, largely as a result of increases in Alberta.


Featured Earnings

Aphria Inc. (T.APH) (Q3) EPS estimates of one cent, compared to breakeven in the prior-year quarter. In early April, the company announced the launch of its U.S. expansion strategy through a strategic lead investment in an entity to be renamed Liberty Health Sciences Inc. that will operate in the United States under the brand "Aphria USA".

Celestica Inc. (T.CLS) (Q1) EPS estimates of 28 cents, compared to 26 cents in the prior-year quarter.

Polymet Mining Corp. (T.POM) (Q4) EPS estimates for loss of one cent, identical to the prior-year quarter.

PPG Industries Inc. (PPG) (Q1) EPS estimates of $1.31, identical to the prior-year quarter. Last week, the company acquired a 40% ownership interest in Taiwan Chlorine Industries Ltd. from China Petrochemical Development Corporation

KeyCorp (NYSE: KEY) (Q1) EPS estimates of 27 cents, compared to 24 cents in the prior-year quarter.

Friday

U.S.

Economic lookahead

Purchasing Managers Index – Composite Flash (April)

Existing Home Sales (March)

Featured Earnings

General Electric Company (NYSE: GE) (Q1) EPS estimates of 17 cents, compared to 21 cents in the prior-year quarter.

Honeywell International Inc. (NYSE: HON) (Q1) EPS estimates of $1.62, compared to $1.53 in the prior-year quarter.

Rockwell Collins Inc. (NYSE: COL) (Q2) EPS estimates of $1.31, compared to $1.30 in the prior-year quarter.


Canada

Economic lookahead

Consumer Price Index (Mar.) CPI rose 2.0% on a year-over-year basis in February, following a 2.1% gain in January. Excluding gasoline, the CPI was up 1.3% year over year in February, following a 1.5% increase in January.