wholesale trade

Week Ahead: Coca-Cola, Disney, Hasbro Earnings

It should be pretty quiet on the economic calendar this week, with only a few national reports due out. But iconic companies Walt Disney, Coca-Cola and Hasbro, among others, are scheduled to report quarterly results. Here's a preview.

Rising Wholesale Inventories Reflect Rising Confidence

U.S. wholesale inventories rose a much-better-than-expected 1.9% in October, the U.S. Commerce Department said, and September%u2019s inventory tally was bumped up to a 2.1% increase, better than the initially-estimated 1.5% rise. Together, the data provide more evidence that suppliers and businesses expect a decent 2010 holiday sales season.

Wholesale Inventories Climb Twice as Much as Expected

U.S. wholesale inventories rose 1.5% in September, and when combined with a more-optimistic outlook by U.S. CEOs, the data suggest suppliers and businesses expect slightly better holiday sales this year than in 2009.

Costco Comparable Sales Rose 7% in August

Costco Wholesale Corporation (COST) reported a 7% increase in sales at stores open at least one year in August, boosted by higher gasoline prices and stronger foreign currencies. A survey of analysts by Thomson Reuters forecast an increase of 4.2%

Preview: A Quiet Start to the Second Half of the Year

Markets in the U.S. are closed Monday for the holiday and while some economic figures will be released this week, the market will likely be in store for a respite from its recent jitters. Earnings season, however, is just around the corner.