The Fool Looks Ahead
May 11th 2013 7:15AM
Updated May 11th 2013 9:40AM
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 market kicks off a new trading week with Northern Tier Energy stepping up to report its third quarterly report since going public last year. The limited partnership has been attracting investors as a result of its chunky yield. If it can maintain its most recent quarterly dividend rate of $1.27 per unit, we would be seeing a yield of 20%.
Then again, yields that high often come with strings attached.
Hi-Crush Partners checks in on Tuesday. This is another high-yielding limited partnership that went public last year. Hi-Crush is a producer of monocrystalline sand that's primarily used in the fracking process.
Analysts see Hi-Crush earning $0.50 a share, but it has fallen woefully short of Wall Street's profit targets in its first two periods since going public.
Safe Bulkers reports on Wednesday. The Greek provider of marine drybulk transportation services is in a volatile sector that should improve as the global economy gets better. Wall Street sees revenue and earnings declining by double-digit percentage clips this time around.
Brocade steps up on Thursday. The provider of fabric-based data center networking solutions is one of the few companies expected to post flat financial results next week. Analysts see Brocade clocking in with a profit of $0.15 a share, flat with last year's showing.
The market is typically quiet on Friday, but that's certainly not the case during earnings season. Donaldson checks in with its latest quarterly results on Friday morning.
The filtration solutions specialist projected flat revenue growth earlier this year. Donaldson expects to match the $2.5 billion it rang up in revenue last fiscal year. Sales have been flat through the first half of the fiscal year, so it's only natural to expect more of the same during the next two fiscal quarters.
Beyond the week ahead
With the U.S. relying on the rest of the world for such a large percentage of our goods, many investors are ready for the end of the "made in China" era. Well, it may be here. Read all about the biggest industry disrupters since the personal computer in 3 Stocks to Own for the New Industrial Revolution. Just click here to learn more.
The article The Fool Looks Ahead originally appeared on Fool.com.Longtime Fool contributor Rick Munarriz has no position in any stocks mentioned. The Motley Fool owns shares of Hi-Crush Partners. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.