Major Economic Releases
(All times are Pacific):
4 a.m. MBA Mortgage Index 12/15
5:30 a.m. Housing Starts Nov
5:30 a.m. Building Permits Nov
7:30 a.m. Crude Inventories 12/15
5:30 a.m. Initial Claims 12/15
5:30 a.m. Continuing Claims 12/08
5:30 a.m. GDP - Third Estimate Q3
5:30 a.m. GDP Deflator - Third Estimate Q3
7 a.m. Existing Home Sales Nov
7 a.m. Philadelphia Fed Dec
7 a.m. Leading Indicators Nov
7 a.m. FHFA Housing Price Index Oct
7:30 a.m. Natural Gas Inventories 12/15
5:30 a.m. Personal Income Nov
5:30 a.m. Personal Spending Nov
5:30 a.m. PCE Prices - Core Nov
6:55 a.m. Michigan Sentiment - Final Dec
National Earnings Reports
Major companies tentatively scheduled to report quarterly earnings this week, with ticker symbol and Thomson Financial profit estimates:
FedEx Corp. reports quarterly financial results.
Darden Restaurants Inc. reports quarterly financial results.
Nike Inc. reports quarterly financial results.
Walgreen Co. reports quarterly financial results.
Consumer Price Index (CPI): +0.1% in Oct 2012
Unemployment Rate: 7.7% in Nov 2012
Payroll Employment: +146,000(p) in Nov 2012
Average Hourly Earnings: +$0.04(p) in Nov 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: -0.9% in Nov 2012
U.S. Export Price Index: -0.7% in Nov 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.
Sprott Physical Platinum and Palladium Trust - Toronto, Ontario, Canada, 35 million units priced at $10 each, managed by Morgan Stanley, RBC, BofA Merrill Lynch, and UBS. Proposed NYSE Arca symbol SPPP. Business: The Trust seeks to provide a convenient and exchange-traded investment alternative for investors interested in holding physical platinum and palladium bullion without the inconvenience that is typical of a direct investment in physical platinum and palladium bullion.
Port calls this week
Cielo Di Tokyo -- Arrive: 12/17, Depart: 12/23, Last Port: Potolobambo, Mexico, Berth: 10-03, Cargo: Potassium Nitrate, Stevedore: METRO, Agent: TNC, Line: DDRY, Flag: PAN
Jean Anne -- Arrive: 12/18, Depart: 12/19, Last Port: Hawaii, Berth: 24-02, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: PASHA, Flag: USA
Star Istind -- Arrive: 12/19, Depart: 12/20, Last Port: Lazaro Cardenas, Mexico, Berth: 10-04, Cargo: Fertilizers, Stevedore: SSA, Agent: GSC, Line: STAR, Flag: NORW
Morning Cedar -- Arrive: 12/20, Depart: 12/21, Last Port: Ulsan, Korea, Berth: 24-10, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: ECC, Flag: SGP
BBC Hawaii -- Arrive: 12/20, Depart: 12/24, Last Port: La Libertad, El Salvador, Berth: 10-07, Cargo: Load Project Cargo, Stevedore: SSA, Agent: GSC, Line: BBC, Flag: ATG
Columbia Highway -- Arrive: 12/20, Depart: 12/21, Last Port: Lazaro Cardenas, Mexico, Berth: 24-05, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: K-LINE, Flag: PAN
Auriga Leader -- Arrive: 12/21, Depart: 12/21, Last Port: Long Beach, CA, Berth: 24-10, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: NYK, Flag: SGP
Dole Honduras -- Arrive: 12/23, Depart: 12/25, Last Port: Puerto Quetzal, Guatemala, Berth: 10-02, Cargo: Bananas, Stevedore: SSA, Agent: NLI, Line: DOLE, Flag: BHS
Statendam -- Arrive: 12/21, Depart: 12/21, Last Port: Nuku Hiva, Berth: B-02, Activity: Embark, Disembark, Stevedore: SSA, Agent: PSH, Line: HLLND, Flag: NLD
Zaandam -- Arrive: 12/22, Depart: 12/22, 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