Week Ahead: Sparse Data and Some Earnings
The upcoming economic calendar is sparse by comparison to last week: manufacturing reports, trade data and more earnings.
Business events and economic reports scheduled for the coming week
All times are Eastern.
AK Steel expects 1Q loss as higher steel imports prompt lower shipments and higher prices
Shares of AK Steel fell in premarket trading Friday after the company forecast a first-quarter loss because of lower-than-expected shipments and prices.
Business events and economic reports scheduled for the coming week
All times are Eastern TUESDAY, Aug. 5 WASHINGTON — Commerce Department releases factory orders for June, 10 a.m.; Institute for Supply Management releases its service sector index for July, 10 a.m.
Under Armour aims to boost revenue to $7.5B in 2018; extends contract with Stephen Curry
Sports apparel maker Under Armour said Wednesday it aims to double its revenue by 2018.
Hospira, AGL, Chevron, Epizyme and Yahoo are big market movers
Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Hospira Inc., up 34 cents to $89.85 Pfizer Inc. received regulatory clearance to move forward with its $15.23 billion buyout of the injectable drug device maker.
Business events and economic reports scheduled for the coming week
All times are Eastern.
Honda records 20 pct rise in profit on cheap yen despite costs of massive air bag recalls
Japanese automaker Honda is seeing a 20 percent jump in fiscal first quarter profit on the back of a cheap yen that offset the damage from a massive air bag recall.
Business events and economic reports scheduled for the coming week
All times are Eastern.
Valeant Pharmaceuticals beats 2Q expectations, raises profit estimates for the year
Valeant Pharmaceuticals turned in quarterly results that topped analysts' estimates on Thursday, as adjusted earnings and sales climbed.
General Motors beats 2Q net income expectations, misses revenue forecasts
General Motors Co. (GM) on Thursday reported second-quarter earnings of $1.12 billion.
Campbell Soup says cost-cutting plan is leading to bigger savings and lifts 2015 profit goal
Campbell Soup's cost-cutting plan is paying off faster than it expected.
Strong US dollar hurts Swiss pharmaceutical company Novartis with 32-percent drop in Q2 profit
Swiss-based pharmaceutical company Novartis says second-quarter net income dropped 32 percent over the same quarter last year, brought down primarily by poor performance from associated companies and negative effects of a strong U.S. dollar.
Philip Morris beats 2Q net income and revenue expectations
Philip Morris International Inc. (PM) on Thursday reported second-quarter net income of $1.89 billion.
Johnson & Johnson posts 2Q profit, results beat Street expectations
Johnson & Johnson (JNJ) on Tuesday reported second-quarter net income of $4.52 billion.
United Technologies cuts Sikorsky helicopter business to focus on high-tech aerospace service
United Technologies Corp. has announced it will separate its Connecticut-based Sikorksy Aircraft business as it exits the helicopter business.
Honda's profit drops on air bag recall woes despite strong sales in Asia, perks of weak yen
Honda's profit for the fiscal fourth quarter dropped 43 percent as the costs of air bag recalls offset the positives of a weak yen and strong vehicle sales in Asia.
Procter & Gamble's 3Q revenue weighed down by strong dollar; vows cost cuts and price hikes
Procter & Gamble took a hit from the strong dollar, like almost all U.S. companies with business overseas, pushing third-quarter revenue below expectations.
AbbVie raises earnings outlook after Humira delivers another better-than-expected quarter
Drugmaker AbbVie is raising its full-year earnings guidance after reporting better-than-expected first quarter adjusted results on continued growth of its blockbuster anti-inflammatory drug Humira.
St. Jude beats 1Q net income and revenue expectations
St. Jude Medical Inc. (STJ) on Wednesday reported first-quarter net income of $262 million.

