The Fool Looks Ahead
Aug 11th 2012 8:11AM
Updated Aug 11th 2012 8:12AM
There's never a dull week on Wall Street. Let's go over some of the news that will shape the week to come.
The trading week begins with Groupon (NAS: GRPN) reporting its latest quarterly results on Monday. The daily-deals leader has plenty to prove. Groupon went public at $20 just nine months ago, but it's now meandering in the single digits. The "50% off" IPO jokes are now both tired and -- quite frankly -- generously conservative.
In short, Groupon really needs to wow the market on Monday.
Michael Kors (NYS: KORS) is one of the many companies reporting on Tuesday. The designer and retailer of high-end apparel and accessories has seen many of its peers get smacked around this summer. Earnings season for the niche has been largely disappointing. Michael Kors gets a chance to change that perception.
Another company with plenty to prove is Applied Materials (NAS: AMAT) . Analysts see the company posting a quarterly profit of $0.22 a share on Wednesday, well short of the $0.35 it served up a year earlier.
Staples (NAS: SPLS) punches in on Thursday. Investors may not care about buying into the office-supplies market, but it's still a great proxy for Corporate America. If small and midsized businesses are comfortable enough to begin spending again, you'll probably see it in Staples' report.
The final trading day of the week is usually quiet, but we're just starting to wrap up earnings season. A name to watch on Friday is ChipMOS Technologies (NAS: IMOS) . The Taiwanese provider of semiconductor testing and assembly services already divulged that quarterly revenue climbed 3% during the period. On Friday it will go through its entire income statement.
Check that calendar
If you like to stay on top of what happens next -- and I'm guessing you do, because you're reading this article -- how about checking out The Motley Fool's top stock for 2012? It's a free report, but only for a limited time, so check it out now.
The article The Fool Looks Ahead originally appeared on Fool.com.The Motley Fool owns shares of Staples. Motley Fool newsletter services have recommended buying shares of Staples. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. Try any of our Foolish newsletter services free for 30 days.Longtime Fool contributor Rick Munarriz calls them as he sees them. He owns no shares in any of the stocks in this story and is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.