Major Economic Releases
(All times are Pacific):
5:30 a.m. PPI Jul
5:30 a.m. Core PPI Jul
5:30 a.m. Empire Manufacturing Aug
6 a.m. Net Long-Term TIC Flows Jun
6:15 a.m. Industrial Production Jul
6:15 a.m. Capacity Utilization Jul
6:55 a.m. Mich Sentiment Aug
National Earnings Reports
Major companies scheduled to report quarterly earnings next week:
FRIDAY, Aug. 15
Consumer Price Index (CPI): +0.3% in Jun 2014 News Release Historical Data
Unemployment Rate: 6.2% in Jul 2014 News Release Historical Data
Payroll Employment: +209,000(p) in Jul 2014 News Release Historical Data
Average Hourly Earnings: +$0.01(p) in Jul 2014 News Release Historical Data
Producer Price Index - Final Demand: +0.4%(p) in Jun 2014 News Release Historical Data
Employment Cost Index (ECI): +0.7% in 2nd Qtr of 2014 News Release Historical Data
Productivity: +2.5% in 2nd Qtr of 2014 News Release Historical Data
U.S. Import Price Index: +0.1% in Jun 2014 News Release Historical Data
U.S. Export Price Index: -0.4% in Jun 2014
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.
C1 Financial Inc. - St. Petersburg, Fla., 2.6 million shares, priced $18 to $20, managed by Keefe Bruyette Woods and Raymond James. Proposed NYSE symbol BNK. Business: Commercial bank with 29 locations and $1.4 billion in assets.
GWG Holdings Inc. - Minneapolis, 1.6 million shares, priced $12 to $14, managed by MLV & Co. Proposed Nasdaq Capital Market symbol GWGH. Business: Holds a portfolio of life insurance policies worth over $250 million.
Otonomy Inc. - San Diego, 5.3 million shares, priced $14 to $16, managed by J.P. Morgan and BofA Merrill Lynch. Proposed Nasdaq symbol OTIC. Business: Late-stage biotech developing sustained-exposure treatments for ear diseases.
Port calls this week
Camellia Ace -- Arrive: 08/11, Depart: 08/11, Last Port: Lazaro Cardenas, Mexico, Berth: 24-05, Cargo: Automobile, Stevedore: PASHA, Agent: NLI, Line: MIT, Flag: PA
Dream Diva -- Arrive: 08/15, Depart: 08/15, Berth: 24-10, Cargo: Automobile, Stevedore: PASHA, Agent: PSH, Line: K-LINE, Flag: PAN
Dole California -- Arrive: 08/17, Depart: 08/17, Last Port: Puerto Quetzal, Guatemala, Berth: 10-02, Cargo: Bananas, Stevedore: SSA, Agent: NLI, Line: DOLE, Flag: BHS
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