Walt Disney, Activision Blizzard, Kraft Heinz and other stocks for investors to see this week
Illustration by Robert A. Di Ieso Jr.
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It's the last busy week of the second quarter revenue season, with almost 80% of
S&P 500
companies' results already published. Several major media and entertainment companies are reporting, including
Walt Disney
and Discovery on Tuesday, Fox on Wednesday, and CBS and
Viacom
on Thursday. Videogame manufacturers Take-Two interactive software and
Activision Blizzard
release the revenue on Monday and Thursday respectively. Other highlights include
Tyson Foods
and
Marriott International
on Monday;
CVS Health
CenturyLink, and
Booking Holdings
on Wednesday; and Kraft Heinz and Cardinal Health on Thursday.
Thursday,
Anadarko Petroleum
shareholders will vote on the oil company's proposed acquisition of $ 38 billion within
Occidental Petroleum
.
After a busy last week on the financial data front, this week's calendar is relatively meager. ISM's non-industrial index for July is out on Monday and is expected to rise slightly from June. On Friday, the Bureau of Labor Statistic's producer price index for July, excluding volatile food and energy components, is expected to have risen 2.3% year over year – equivalent to the June rate.
Monday 8/5
KLA
Linde
Loews
Marriott International
Take-Two interactive software
and
Tyson Foods
report quarterly results.
Institute for Supply Management releases its July non-production index. Economists predicted a reading of 55.5, up from June 55.1.
Tuesday 8/6
Becton Dickinson
Detection
Emerson Electric
Fidelity National Information Services
FleetCor Technologies
Microchip Technology
Regeneron Pharmaceuticals
Walt Disney
and
Zoetis
freeing up revenue.
Reserve Bank of Australia announces its monetary policy decision. The market expects the central bank to keep its short interest rate unchanged at 1%.
Bureau of Labor Statistics releases the survey on labor openings and labor turnover for June. Consensus estimates are for 7.3 million jobs on the last business day in June, even Maye's data.
O'Reilly Automotive
is hosting an analyst day in Aurora, Colo. The company's CEO, Greg Johnson, is among the expected speakers.
Qorvo
holds its annual meeting with shareholders in Newberg, Ore.
Wednesday 8/7
American International Group
Booking Holdings
Capri Holdings
CVS Health
breaking
NRG Energy
and
TripAdvisor
report quarterly results.
Costco Wholesale
reports July retail data.
The Federal Reserve reports June consumer credit data. A total of $ 17 billion is expected in outstanding consumer credit by the end of June. If the estimates are met, consumer debt will exceed $ 4.1 trillion, a high all the time.
ABIOMED
holds its annual general meeting in Gloucester, Mass.
Thursday 8/8
Activision Blizzard
Cardinal health
CBS
Norwegian Cruise Line Holdings
Uber Technologies
and
Viacom
hold conference calls to discuss quarterly results.
Electronic Art
holds its annual meeting with shareholders via webcast.
The Department of Labor reports initial unemployment requirements for the week ending August 3. The four-week average of unemployed claims is 212,000.
Friday 8/9
E. W. Scripps
Hospitality properties rely
and
Tribune Media
freeing up revenue.
BLS releases July producer price index. Economists forecast an increase of 1.6% from the previous year, down from 1.7% from June. Core PPI is expected to hit 2.3%, even with June data.
