The Fool Looks Ahead
May 18th 2013 7:15AM
Updated May 18th 2013 11:00AM
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 TiVo stepping up to report its quarterly results. Actual TiVo DVRs are hard to come by these days, but the patent-rich company gets a piece of the action on most high-end DVRs being sold today. Still, analysts see a quarterly deficit for the period.
Diana Containerships sails in on Tuesday. This Greek shipper sold one of its older vessels for demolition earlier this month, leaving it with a fleet of nine Panamax container vessels. Wall Street sees margins contracting on a 20% surge in revenue for the quarter.
Workday was one of last year's hottest IPOs. The provider of cloud-based enterprise software solutions has seen its stock more than double since going public in October. Analysts are forecasting a loss of $0.18 a share when it reports on Wednesday, but Workday has managed to post narrower deficits than Wall Street has been targeting in its first few quarters as a public company.
Sears Holdings is one of the many retailers reporting this week. The parent company of Sears and Kmart has struggled to woo shoppers in recent years, and it probably isn't a surprise to find that analysts see the red ink deepening at Sears. Wall Street's still waiting for Sears to show signs of growing again, but it's hard for an out-of-favor chain -- or in this case, two fading chains -- to regain their swagger.
Abercrombie & Fitch reports on Friday morning, and it will be interesting to see whether CEO Mike Jeffries addresses the firestorm that has erupted recently as comments resurfaced that he made in 2006, explaining why he only wants cool and thin shoppers wearing his store's clothing.
Retail will rule next week
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The article The Fool Looks Ahead originally appeared on Fool.com.Longtime Fool contributor Rick Munarriz and The Motley Fool have no position in any of the stocks mentioned. 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.
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