Thursday, January 10, 2013

The Fool Looks Ahead

There's never a dull week on Wall Street. Let's go over some of the news that will shape the week to come.

Monday
The new trading week kicks off with InterOil (NYSE: IOC  ) reporting its quarterly results. The oil explorer is trying to cash in on its project in Papua New Guinea. Analysts see a small profit out of InterOil, reversing a year-ago loss.

Tuesday
Jabil Circuit (NYSE: JBL  ) heads up the class of companies reporting on Tuesday. RBC Capital raised its price target on the contract manufacturer for electronics on Wednesday -- from $22 to $30 -- ahead of the report. That's usually a good sign, even though the stock was already well above the earlier price target.

Wednesday
Sonic (Nasdaq: SONC  ) pulls up into an open parking stall and places its quarterly order on Wednesday. Things have been rough for fast-food chains that don't have golden arches on their signs, but at least Wall Street is holding out for a modest quarterly profit out of Sonic.

Thursday
FedEx (NYSE: FDX  ) is the one to watch on Thursday. The speedy delivery giant is a decent proxy for the economy in general. If folks are comfortable enough to order goods to be delivered quickly and companies are paying up to get physical documents sent out in a hurry, things may not be so bad.

Friday
The final trading day of the week is quiet, but you may hear KB Home (NYSE: KBH  ) hammering away. The homebuilder is projected to serve a substantially narrower loss than it did a year earlier.

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