Business events and economic reports scheduled for the coming week

All times are Eastern.

MONDAY, May 11

HAMBURG, Germany — Energy ministers from the Group of Seven industrial nations meet.


WASHINGTON — Labor Department releases job openings and labor turnover survey for March, 10 a.m.; Treasury releases federal budget for April, 2 p.m.

COPENHAGEN — Danish brewer Carlsberg presents first-quarter results.

CANBERRA — Australian government releases its budget blueprint for the next fiscal year to rein in the deficit as tax income from the mining industry dwindles.


WASHINGTON — Commerce Department releases retail sales data for April, 8:30 a.m.; Commerce Department releases business inventories for March, 10 a.m.

BERLIN — Germany's Federal Statistical Office releases first-quarter gross domestic product figure for the country's economy, Europe's biggest.

MUNICH, Germany — Carmaker BMW AG holds annual shareholders meeting in Munich.

COPENHAGEN — Danish shipping and oil group AP Moller-Maersk presents first-quarter results.

TOKYO — Nissan reports earnings.

Macy's Inc. reports quarterly financial results before the market opens.

J.C. Penney Co. reports quarterly financial results after the market closes.


WASHINGTON — Labor Department releases weekly jobless claims, 8:30 a.m.; Labor Department releases the Producer Price Index for April, 8:30 a.m.; Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.

FRIDAY, May 15

WASHINGTON — Federal Reserve releases industrial production for April, 9:15 a.m.; Treasury releases international money flows data for March, 4 p.m.