Major Economic Releases
(All times are Pacific):
5:30 a.m. Nonfarm Payrolls Jan
5:30 a.m. Nonfarm Private Payrolls Jan
5:30 a.m. Unemployment Rate Jan
5:30 a.m. Hourly Earnings Jan
5:30 a.m. Average Workweek Jan
6:55 a.m. Michigan Sentiment - Final Jan
7 a.m. ISM Index Jan
7 a.m. Construction Spending Dec
11 a.m. Auto Sales Jan
11 a.m. Truck Sales Jan
National Earnings Reports
Major companies tentatively scheduled to report quarterly earnings this week, with ticker symbol and Thomson Financial profit estimates:
FRIDAY, Feb. 1
Chevron Corp. reports quarterly financial results.
Exxon Mobil Corp. reports quarterly financial results.
Mattel Inc. reports quarterly financial results.
Merck & Co. Inc. reports quarterly financial results.
Consumer Price Index (CPI): unchanged in Dec 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): -0.2%(p) in Dec 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.
Gladstone Land Corp. - McLean, Va., 3.33 million shares, priced at $15 each, managed by Janney Montgomery Scott, and JMP Securities. Proposed Nasdaq symbol LAND. Business: Externally managed REIT formed to invest in farmland located in major agricultural markets throughout the United States.
KaloBios Pharmaceuticals Inc. - South San Francisco, Calif., 3.85 million shares, priced $12 to $14, managed by Leerink Swann. Proposed Nasdaq symbol KBIO. Business: Biopharmaceutical focused on therapeutics that treat respiratory diseases and cancer.
Stemline Therapeutics Inc. - New York, 2.275 million shares, priced $10 to $12, managed by Aegis Capital. Proposed Nasdaq symbol STML. Business: Biotech developing treatments that target cancer stem cells and tumor bulk.
TRI Pointe Homes Inc. - Irvine, Calif., 11.7 million shares, priced $14 to $16, managed by Citigroup, Deutsche Bank, and FBR Capital Markets. Proposed NYSE symbol TPH. Business: Designs, constructs and sells innovative single-family homes in planned communities in major metropolitan areas of California.
Zoetis Inc. - New York, 86.1 million class A shares, priced $22 to $25, managed by J.P. Morgan, BofA Merrill Lynch, and Morgan Stanley. Proposed NYSE symbol ZTS. Business: A global leader in the discovery, development, manufacture and commercialization of animal health medicines and vaccines.
Port calls this week
Cielo Di Dublino -- Arrive: 01/29, Depart: 02/03, Last Port: Manzanillo, Mexico, Berth: 10-03, Cargo: Potassium Nitrate, Stevedore: METRO, Agent: TNC, Line: DDRY, Flag: LBR
Orion Leader -- Arrive: 01/29, Depart: 01/30, Last Port: New Westminster, B.C., Berth: 24-05, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: NYK, Flag: PA
Princess VII -- Arrive: 01/30, Depart: 01/30, Last Port: Ulsan, Korea, Berth: 24-10, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: ECC, Flag: PAN
Freedom Ace -- Arrive: 02/01, Depart: 02/01, Last Port: Port Hueneme, CA, Berth: 24-10, Cargo: Automobile, Stevedore: PASHA, Agent: NLI, Line: MOSK, Flag: PA
Dole Honduras -- Arrive: 02/03, Depart: 02/05, Last Port: Puerto Quetzal, Guatemala, Berth: 10-02, Cargo: Bananas, Stevedore: SSA, Agent: NLI, Line: DOLE, Flag: BHS
Michigan Highway -- Arrive: 02/03, Depart: 02/04, Last Port: Tacoma, Wash., Berth: 24-05, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: K-LINE, Flag: JPN
Silver Spirit -- Arrive: 01/31, Depart: 01/31, Last Port: Cabo San Lucas, Mexico, Berth: B-02, Activity: Visitation, Stevedore: SSA, Agent: TMSA, Line: SILSEA, Flag: BHS
Costa Deliziosa -- Arrive: 02/01, Depart: 02/01, Last Port: Cabo San Lucas, Mexico, Berth: B-01, Activity: Visitation, Agent: PSH
Statendam -- Arrive: 02/01, Depart: 02/01, Last Port: Cabo San Lucas, Mexico, Berth: By-02, Activity: Embark, Disembark, Stevedore: SSA, Agent: PSH, Line: HLLND, Flag: NLD
Celebrity Century -- Arrive: 02/02, Depart: 02/02, Last Port: TBN, Berth: B-01, Activity: Embark, Disembark, Stevedore: METRO, Agent: INTC, Line: CELEB, Flag: LI
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