por admin » Dom Ago 12, 2012 11:29 am
Ventas retail, noticias de las casas
Walmart y otros retailers reportaran sus resultados trimestrales en un ambiente de mejor confianza y desaceleracion global.
Next Week’s Tape: Retailer Earnings, and Housing Soundings
By Nathalie Tadena
Several major U.S. retailers are due to report their latest quarterly results next week, including the world’s biggest retailer, Wal-Mart Stores, as the sector contends with waning consumer confidence and global economic woes.
Meanwhile, monocrystalline sand producer Hi-Crush Partners is expected to go public next week, the only initial public offering scheduled for the week.
Markets also will examine factory reports from two regional Federal Reserve district banks on Wednesday and Thursday for timely readings of the economy.
Wal-Mart, Other Retailers to Report Quarterly Earnings
Earnings from the retail sector will continue next week, with results due from Wal-Mart, Abercrombie & Fitch, Aeropostale, Gap, Saks, Sears Holdings, and Target, among others.
Analysts polled by Thomson Reuters expect retail giant Wal-Mart to post another quarter of stronger earnings. Same-store sales in the company’s key U.S. stores have improved in the prior three quarters. However, Wal-Mart’s recent gains come as its core lower-income customers are grappling with high gasoline prices and a still-soft jobs market that have moved many consumers to keep a tight watch on spending.
In the teen retail space, Abercrombie, normally an edgy bellwether for the group, earlier this month projected very soft second-quarter and full-year earnings, while smaller rival Aeropostale lowered its guidance for the quarter. Both companies were hurt by fashion misses, and inventory backup and slow sales led to heavy discounting at Abercombie.
Hi-Crush Partners to Begin Trading Next Week
Monocrystalline sand producer Hi-Crush Partners LP is expected to go public next week, with units scheduled to price Wednesday.
The company has said it expects to offer 11.3 million common units between $19 and $21 each in its IPO, which was first filed in July.
Hi-Crush’s reserves consist of sand primarily from Wisconsin–where it is based–and other parts of the upper Midwest U.S. region. It said the demand for its sand, which is used as a “proppant” to enhance recovery rates of hydrocarbons, increased at an annual rate of 28% from 2006 to 2011.
The company plans to list its units on the New York Stock Exchange under the symbol HCLP.
Early Look at August Activity on Tap
A full calendar next week will cover U.S. reports on home-building, shopping, manufacturing, inflation and consumer sentiment. The most important of these are likely to be reports that give early glimpses at August activity.
Leading that charge will be the factory reports from two regional Federal Reserve district banks. Because the surveys done by various Fed banks cover the concurrent month, financial markets pay attention to them for a timely read on the economy.
On Wednesday, the New York Fed will release its Empire State Survey. The median forecast of economists surveyed by Dow Jones Newswires is that the top-line business conditions index will weaken to 6.0 this month from 7.39 in July. Economists expect some improvement in the Philadelphia Fed manufacturing survey, scheduled for Thursday, but the expected reading will still indicate a sector in recession. The general business activity index is projected to rise to -4.5 this month.
Meanwhile, the National Association of Home Builders’ housing-market index is projected to pull back to 34 for August after jumping to 35 in July, the best reading since March 2007.
The two major July reports on inflation–the producer-price index and the consumer-price index, are also on tap next week, but neither is expected to show a flare-up in price pressures.
As always, here’s your handy clip-and-save data and earnings calendar:
Monday
Economics:
Nothing of note.
Earnings:
Groupon, Sysco
Tuesday
Economics:
July NFIB small-business survey (7:30 a.m.): last at 91.4
July retail sales (8:30): seen up 0.3%, after falling 0.5% in June.
July producer price index (8:30): seen up 0.3%, after rising up 0.1% in June. “Core” seen up 0.2%.
June business inventories (10:00): seen up 0.1%, after rising 0.3% in May.
Earnings:
Home Depot, JDS Uniphase, Saks, Bob Evans, Michael Kors
Wednesday
Economics:
July consumer price index (8:30): Seen up 0.2%, after being flat in June. “C0re” seen rising 0.2%.
August NY Fed Empire State manufacturing survey (8:30): seen at 6.0, down from 7.39 in July.
July industrial production (9:15): seen rising 0.6%, after rising 0.4% in June.
July capacity utilization (9:15): seen at 79.3%, up from 78.9% in June.
August housing market index (10:00): seen at 34, down from 35 in July.
Earnings:
Cisco, Target, Staples, Deere, Abercrombie & Fitch
Thursday
Economics:
Weekly jobless claims (8:30): seen rising to 364,000 from 361,000.
July housing starts (8:30): Seen easing to 750,000 from 760,000; down 1.3%, after rising 6.9% in June.
July building permits (8:30): seen rising 0.8%, after falling 3.1% in June.
August Philly Fed manufacturing survey (10:00): seen narrowing to -4.5 from -12.9 in July.
Earnings:
Wal-Mart, Sears, Gap, Marvell Tech, Aeropostale, Gap, Dollar Tree, Perry Ellis
Friday
Economics:
August Reuters/UMich consumer sentiment (prelim) (9:55): seen at 72.2, compared to 72.3 (end-July).
July Leading Index (10:00): seen up 0.2% from -0.3%.
Earnings:
Foot Locker, JM Smucker, Kirkland’s