Earnings:
Capstone Mining Corp. (CS.T) 2Q
Element Fleet Mgmt Corp (EFN.T) 2Q
First Natl Fincl Corp (FN.T) 2Q
FirstSvc Corp (FSV.T) 2Q
Intact Fincl Corp. (IFC.T) 2Q
MindBeacon Hldgs (MBCN.T) 2Q
Ovintiv 2Q
Secure Energy Svcs (SES.T) 2Q
Teck Resources Ltd (TECK.A.T) 2Q
Teck Resources Ltd (TECK.B.T) 2Q
Trican Well Svc Ltd. (TCW.T) 2Q
Economic Indicators (ET):
Nothing major scheduled
Stocks to Watch:
*Teck 2Q Adj EPS C$0.63 Vs. Adj EPS C$0.17
*Teck 2Q EPS C$0.48 Vs. Loss C$0.28
*Teck 2Q Rev C$2.56B Vs. C$1.72B >TECK.A.T
Other News:
No items published
Market Talk:
Air Canada's 3Q Should Lifted by Quicker-Than-Expected Recovery
Air Canada delivered a better-than expected cash-burn rate in 2Q which BMO says was underpinned by quickly improving bookings and better handling on cost controls, "which should continue as travel restrictions ease further." The investment bank also days guidance suggests positive Ebitda in 3Q "which is earlier than we anticipated, and we suspect there is significant pent-up demand to support a quicker recovery than predicted in our prior forecast." Shares are up 1.2%.
Expected Major Events for Tuesday
05:30/JPN: Jun Tokyo area department store sales
05:30/JPN: Jun Nationwide department store sales
08:00/ITA: Jun Foreign Trade non-EU
08:30/UK: Jun Capital issuance
08:59/JPN: May Final Labour Survey - Earnings, Employment & Hours Worked
10:00/FRA: 2Q Claimant count and job advertisements collected by Pole emploi
10:00/UK: Jul CBI Distributive Trades Survey
11:45/US: Weekly Chain Store Sales Index
12:30/US: Jun Advance Report on Durable Goods
12:55/US: 07/24 Johnson Redbook Retail Sales Index
13:00/US: May U.S. Monthly House Price Index
13:00/US: May S&P CoreLogic Case-Shiller Indices
14:00/US: Jul Richmond Fed Business Activity Survey
14:00/US: 2Q U.S. Housing Vacancies
14:00/US: Jul Consumer Confidence Index
17:00/US: Jun Money Stock Measures
20:30/US: 07/23 API Weekly Statistical Bulletin
23:01/UK: Jul REC JobsOutlook survey
23:01/UK: Jul Shop Price Index
All times in GMT. Powered by Kantar Media and Dow Jones.
Expected Earnings for Tuesday
3M Company (MMM) is expected to report $2.25 for 2Q.
Arch Resources Inc (ARCH) is expected to report for 2Q.
Armstrong World Industries Inc (AWI) is expected to report $1.04 for 2Q.
Arrow Financial (AROW) is expected to report $0.82 for 2Q.
Asbury Automotive (ABG) is expected to report $5.10 for 2Q.
CIT Group (CIT) is expected to report $0.98 for 2Q.
Camden National (CAC) is expected to report $1.14 for 2Q.
Capital City Bank Group (CCBG) is expected to report $0.55 for 2Q.
Centene Corp (CNC) is expected to report $1.01 for 2Q.
CommVault (CVLT) is expected to report $0.14 for 1Q.
Corning Inc (GLW) is expected to report $0.51 for 2Q.
DTE Energy Co (DTE) is expected to report $1.27 for 2Q.
Ecolab Inc (ECL) is expected to report $1.18 for 2Q.
Entegris Inc (ENTG) is expected to report $0.68 for 2Q.
FTI Consulting (FCN) is expected to report $1.60 for 4Q.
First Foundation Inc (FFWM) is expected to report $0.52 for 2Q.
Firstservice Corp (FSV,FSV.T) is expected to report for 2Q.
Flagstar Bancorp (FBC) is expected to report $1.90 for 2Q.
Franklin Electric (FELE) is expected to report $0.76 for 2Q.
Graphic Packaging Holding Co (GPK) is expected to report $0.27 for 2Q.
IQVIA Holdings Inc (IQV) is expected to report $0.92 for 2Q.
Invesco Ltd (IVZ,IVZ-LN) is expected to report $0.68 for 2Q.
JetBlue Airways (JBLU) is expected to report $-0.35 for 2Q.
Lamb Weston Holdings Inc (LW) is expected to report $0.43 for 4Q.
Lincoln Electric Holdings (LECO) is expected to report $1.48 for 2Q.
MSCI Inc (MSCI) is expected to report $2.18 for 2Q.
PACCAR Inc (PCAR) is expected to report $1.37 for 2Q.
Pacific Premier Bancorp Inc (PPBI) is expected to report $0.66 for 2Q.
Polaris Inc (PII) is expected to report $2.08 for 2Q.
PulteGroup Inc (PHM) is expected to report $1.74 for 2Q.
Raytheon Technologies Corp (RTX) is expected to report for 2Q.
Rockwell Automation (ROK) is expected to report $1.96 for 3Q.
Sherwin-Williams Co (SHW) is expected to report $2.51 for 2Q.
Shutterstock (SSTK) is expected to report $0.50 for 2Q.
Simmons First National Corp - Class A (SFNC) is expected to report $0.52 for 2Q.
Teck Resources Ltd - Class B (TECK,TECK.A.T,TECK.B.T) is expected to report $0.64 for 2Q.
TransUnion (TRU) is expected to report $0.61 for 2Q.
Triton International Limited (TRTN) is expected to report $1.96 for 2Q.
Turning Point Brands Inc (TPB) is expected to report $0.55 for 2Q.
Xerox Holdings Corp (XRX) is expected to report for 2Q.
Powered by Kantar Media and Dow Jones.
ANALYST RATINGS ACTIONS
American Electric Power Raised to Buy From Neutral by B of A Securities
Arcosa Raised to Buy From Neutral by Sidoti & Co.
Asbury Automotive Cut to Equal-Weight From Overweight by Morgan Stanley
Celanese Raised to Buy From Hold by Vertical Research
DR Horton Raised to Outperform From Neutral by Wedbush
Gap Inc Raised to Buy From Hold by Deutsche Bank
GATX Raised to Positive From Neutral by Susquehanna
Gentex Raised to Buy From Neutral by Seaport Global
Glatfelter Raised to Outperform From Market Perform by BMO Capital
Glaukos Cut to Equal-Weight From Overweight by Stephens & Co.
Greenbrier Cos Raised to Positive From Neutral by Susquehanna
Group 1 Auto Cut to Equal-Weight From Overweight by Morgan Stanley
Hewlett Packard Ent Raised to Outperform From In-Line by Evercore ISI Group
Hilltop Holdings Cut to Market Perform From Outperform by Raymond James
Howard Bancorp Cut to Equal-Weight From Overweight by Stephens & Co.
Iridium Communications Raised to Equal-Weight From Underweight by Barclays
Kratos Raised to Buy From Neutral by B. Riley Securities
Lowe's Cut to Neutral From Outperform by Wedbush
Medallia Cut to Hold From Buy by Berenberg
Newmont Corporation Cut to Hold From Buy by TD Securities
News Corp Raised to Buy From Neutral by UBS
Pacira BioSciences Raised to Overweight From Neutral by JP Morgan
Penske Auto Cut to Equal-Weight From Overweight by Morgan Stanley
PPG Industries Raised to Positive From Neutral by Susquehanna
Qualys Cut to Hold From Buy by Loop Capital
Reliance Steel Raised to Buy From Neutral by Citigroup
ResMed Cut to Neutral From Overweight by JP Morgan
Six Flags Raised to Outperform From Neutral by Wedbush
SW Energy Raised to Positive From Neutral by Susquehanna
Umpqua Holdings Raised to Neutral From Underweight by JP Morgan
Veoneer Cut to Neutral From Buy by Mizuho
Zscaler Cut to Hold From Buy by Loop Capital
This article is a text version of a Wall Street Journal newsletter published earlier today.
(END) Dow Jones Newswires
07-27-21 0603ET
