Major Economic Releases
(All times are Pacific):
5:30 a.m. Trade Balance Dec
7 a.m. Wholesale Inventories Dec
National Earnings Reports
Major companies tentatively scheduled to report quarterly earnings this week, with ticker symbol and Thomson Financial profit estimates:
FRIDAY, Feb. 8
Consumer Price Index (CPI): unchanged in Dec 2012
Unemployment Rate: 7.9% in Jan 2013
Payroll Employment: +157,000(p) in Jan 2013
Average Hourly Earnings: +$0.04(p) in Jan 2013
Producer Price Index (PPI): -0.2%(p) in Dec 2012
Employment Cost Index (ECI): +0.5% in 4th 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.
AutoGenomics Inc. - Vista, Calif., 6 million shares, priced $9 to $11, managed by Leerink Swann. Proposed Nasdaq symbol AGMX. Business: Provides a molecular diagnostics system for genetic testing in clinical laboratories.
Boise Cascade Co. - Boise, Idaho, 11.8 million shares, priced $16 to $18, managed by BofA Merrill Lynch and Goldman Sachs. Proposed NYSE Symbol BCC. Business: North American wood products manufacturer and building materials distributor.
ExOne Co. (The) - North Huntingdon, Pa., 5 million shares, priced $14 to $16, managed by FBR Capital Markets. Proposed Nasdaq symbol XONE. Business: Provider of 3D printing machines and printed products to industrial customers.
Health Insurance Innovations Inc. - Tampa, Fla., 4.67 million class A shares, priced $14 to $16, managed by Credit Suisse, Citigroup, and BofA Merrill Lynch. Proposed Nasdaq symbol HIIQ. Business: Offers web-based medical insurance plans for the uninsured and underinsured.
National Commercial Bank Jamaica Ltd. - Kingston, Jamaica, 16.07 million American depositary shares, each representing 50 ordinary shares, priced $13 to $15, managed by J.P. Morgan and Macquarie Capital. Proposed NYSE symbol NCJ. Business: Jamaica's largest commercial bank.
New Source Energy Partners LP - Oklahoma City, Okla., 4 million common units, priced $19 to $21, managed by Baird, Stifel Nicolaus Weisel, and BMO Capital Markets. Proposed NYSE symbol NSLP. Business: New Source Energy-sponsored LP formed to own OK-based oil and gas assets.
QGOG Constellation S.A. - Luxembourg, 27.5 million shares, priced $19 to $21, managed by J.P. Morgan, BofA Merrill Lynch, and Itau BBA. Proposed NYSE symbol QGOG. Business: Brazilian provider of offshore oil and gas drilling.
ZAIS Financial Corp. - Red Bank, N.J., 5.65 million shares, priced at $21 each, managed by Deutsche Bank, Citigroup, and Barclays. Proposed NYSE symbol ZFC. Business: Mortgage REIT that invests in agency and non-agency RMBS.
Port calls this week
Michigan Highway -- Arrive: 02/04, Depart: 02/04, Last Port: Tacoma, Wash., Berth: 24-05, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: K-LINE, Flag: JPN
United Maderas -- Arrive: 02/04, Depart: 02/10, Last Port: Weipa, Australia, Berth: 10-07, Cargo: Bauxite, Stevedore: SSA, Agent: GSC, Line: ULTRA, Flag: LBR
Morning Melody -- Arrive: 02/05, Depart: 02/05, Last Port: Ulsan, Korea, Berth: 24-10, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: ECC, Flag: PAN
Jean Anne -- Arrive: 02/05, Depart: 02/06, Last Port: Hawaii, Berth: 24-02, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: PASHA, Flag: USA
Solar Wing -- Arrive: 02/07, Depart: 02/07, Berth: 24-10, Cargo: Automobile, Stevedore: PASHA, Agent: NLI, Line: ACT, Flag: LI
Dole California -- Arrive: 02/10, Depart: 02/12, Last Port: Puerto Quetzal, Guatemala, Berth: 10-02, Cargo: Bananas, Stevedore: SSA, Agent: NLI, Line: DOLE, Flag: BHS
Zaandam -- Arrive: 02/09, Depart: 02/09, 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