Major Economic Releases
(All times are Pacific):
6:55 a.m. Mich Sentiment Jan
National Earnings Reports
Major companies tentatively scheduled to report quarterly earnings this week, with ticker symbol and Thomson Financial profit estimates:
FRIDAY, Jan. 18
General Electric Co. reports quarterly financial results.
Consumer Price Index (CPI): -0.3% in Nov 2012
Unemployment Rate: 7.8% in Dec 2012
Payroll Employment: +155,000(p) in Dec 2012
Average Hourly Earnings: +$0.07(p) in Dec 2012
Producer Price Index (PPI): -0.8%(p) in Nov 2012
Employment Cost Index (ECI): +0.4% in 3rd Qtr of 2012
Productivity: +2.9%(r) in 3rd Qtr of 2012
U.S. Import Price Index: -0.1% in Dec 2012
U.S. Export Price Index: -0.1% in Dec 2012
The following is a list of initial public offerings planned for the coming week. Sources include Renaissance Capital, Greenwich, CT (www.ipohome.com) and SEC filings.
CVR Refining LP - Sugar Land, Texas, 20 million common units, priced $24 to $26, managed by Credit Suisse, Citigroup, and Barclays. Proposed NYSE symbol CVRR. Business: Limited partnership formed to own and operate petroleum refining and auxiliary businesses.
CyrusOne Inc. - Carrollton, Texas, 16.5 million shares, priced $16 to $18, managed by Morgan Stanley and BofA Merrill Lynch. Proposed Nasdaq symbol CONE. Business: Owner, operator and developer of enterprise-class, carrier-neutral data center properties.
Norwegian Cruise Line Holdings Ltd. - Miami, Fla., 23.5 million ordinary shares, priced $16 to $18, managed by UBS and Barclays. Proposed Nasdaq symbol NCLH. Business: Third largest cruise line operator in North America.
SunCoke Energy Partners LP - Lisle, Ill., 13.5 million common units, priced $19 to $21, managed by Barclays, BofA Merrill Lynch, and Citigroup. Proposed NYSE symbol SXCP. Business: Owner and operator of cokemaking facilities and related energy assets to aid in steel production process.
USA Compression Partners LP - Austin, Texas, 10 million common units, priced $19 to $21, managed by Barclays, Goldman Sachs, J.P. Morgan, and Wells Fargo. Proposed NYSE symbol USAC. Business: One of the largest independent providers of natural gas compression services in the U.S., primarily focused on large-horsepower infrastructure applications.
Port calls this week
Millennium Falcon -- Arrive: 01/15, Depart: 01/16, Last Port: Nagasaki, Japan, Berth: 10-07, Cargo: Military Cargo, Stevedore: SSA, Agent: TNC, Line: ECL, Flag: PA
Sunlight Ace -- Arrive: 01/16, Depart: 01/16, Last Port: Canada, Berth: 24-05, Cargo: Automobile, Stevedore: PASHA, Agent: NLI, Line: MIT, Flag: BHS
Barge Hana -- Arrive: 01/17, Depart: 01/18, Last Port: Long Beach, CA, Berth: 24-11, Cargo: Lumber, Stevedore: SAUSE, Agent: SAUSE, Line: SAUSE, Flag: US
Pearl Ace -- Arrive: 01/19, Depart: 01/19, Berth: 24-10, Cargo: Automobile, Stevedore: PASHA, Agent: NLI, Line: MOSK, Flag: PAN
Jean Anne -- Arrive: 01/19, Depart: 01/20, Last Port: Hilo, Hawaii, Berth: 24-02, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: PASHA, Flag: USA
Dole California 01/20, Depart: 01/22, Last Port: Puerto Quetzal, Guatemala, Berth: 10-02, Cargo: Bananas, Stevedore: SSA, Agent: NLI, Line: DOLE, Flag: BHS
Zaandam -- Arrive: 01/19, Depart: 01/19, Last Port: Ensenada, Mexico, Berth: B-01, Activity: Embark, Disembark, Stevedore: SSA, Agent: PSH, Line: HLLND, Flag: NLD
Definitions -- Stevedore: Manages the operation of loading or unloading a ship. Agent: Manages the contracts, logistics. Line: Shipping line that owns the ship. Flag: Nation the ship is flagged under. Source: San Diego Marine Information System