The Fool Looks Ahead
Sep 22nd 2012 10:03AM
Updated Sep 22nd 2012 10:04AM
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 new trading week kicks off with Paychex (NAS: PAYX) posting its latest quarterly results. The payroll processor is expected to post flat results, but investors should still check out the report. Paychex is a great way to take the pulse of Corporate America. If companies are hiring and cutting more checks, it'll show up in the Paychex's results.
Jabil Circuit (NYS: JBL) checks in on Tuesday. The contract manufacturer for electronics is expected to earn $0.58 a share this time around, just short of the $0.62 it rang up a year earlier.
Jefferies downgraded shares of Worthington Industries (NYS: WOR) this past week, fearing that a pullback in steel prices would weigh on the company's shares. Worthington will get a shot at the last laugh when it reports on Wednesday.
Research In Motion (NAS: RIMM) suits up on Thursday afternoon. The Canadian company behind the once popular BlackBerry smartphone has seen its shares waffling about in the single digits in recent months, and the market's not holding out for much. Analysts see a 40% plunge in revenue and a large quarterly deficit.
The week closes out with American Greetings (NYS: AM) chiming in with its fiscal second-quarter financials. It's certainly hard to make a living selling greeting cards and stationery items these days, when social networks and email often do the trick, but American Greetings has also been amassing online properties to roll with the times.
This particular report should be a weak one, but analysts are already sending their "get well soon" cards.
Check that calendar
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The article The Fool Looks Ahead originally appeared on Fool.com.Motley Fool newsletter services have recommended buying shares of and creating a write covered straddle position in Paychex. 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.
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