Market Trends and Earnings Reports for the Week Ahead

Strategic Insights -

Earnings reports and economic data are taking center stage in the week ahead, with major corporations such as Phillips-Van Heusen Corporation, Lennar Corporation, and Family Dollar Stores set to release their quarterly results. Meanwhile, PCE Core, Personal Spending, Personal Income, and Pending Home Sales will provide insight into the US economy's performance.

Key Takeaways:

  • Phillips-Van Heusen Corporation (PVH) is expected to release its earnings report on March 29, 2011, with a focus on its performance in the quarter.
  • Lennar Corporation (LEN) will release its earnings report on March 29, 2011, with analysts expecting a boost in sales due to increased demand for residential housing.
  • Family Dollar Stores (FDO) will release its earnings report on March 29, 2011, with a focus on its ability to maintain profit margins amidst rising competition.
  • PCE Core, Personal Spending, Personal Income, and Pending Home Sales will be released on March 30, 2011, providing insight into the US economy's performance.
  • Research in Motion (RIMM) issued weak Q1 guidance, citing increased competition and rising costs.
  • At&T announced a deal to buy T-Mobile USA for $39 billion, sending shockwaves through the telecom industry.
  • The Fed rejected Bank of America's plans for increased dividend, citing concerns over bank stability.

Statistics:

  • $39 billion: The value of the deal between At&T and T-Mobile USA.
  • 5,000: The number of stocks scanned daily by SmarTrend.
  • 99.9%: The accuracy rate of SmarTrend's automated pattern recognition system.
  • 47.97: The stock price of AKAM on 01-26-2011.
  • 16.78: The stock price of BAS on 12-21-2010.
  • 11.81: The stock price of HMY on 03-02-2011.

Sources:

  • SmarTrend Week In Review via COMTEX, Mar 25, 2011
  • Comtex News Network, Inc. (www.Comtex.com)
  • Phillips-Van Heusen Corporation (PVH) (www.pvh.com)
  • Lennar Corporation (LEN) (www.lennar.com)
  • Family Dollar Stores (FDO) (www.familydollar.com)
  • Federal Reserve (www.federalreserve.gov)
  • At&T (www.att.com)
  • Research in Motion (RIMM) (www.rim.com)
  • Bank of America (BAC) (www.bankofamerica.com)