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Shortened Week in Canada Features CPI, Housing Numbers
Monday
U.S.
Columbus Day. Bond Markets Closed
Featured Earnings
Karooooo Limited (NASDAQ: KARO)(Q2) EPS of 38 cents, compared to 30 cents in the prior-year quarter.
Canada
Markets are closed for Thanksgiving
Tuesday
U.S.
Featured Earnings
UnitedHealth Group Inc (NYSE: UNH) (Q3) EPS of $7.02, compared to $6.56 in the prior-year quarter.
Johnson & Johnson (NYSE: JNJ) (Q3) EPS of $2.19, compared to $2.66 in the prior-year quarter.
Bank of America Corp (NYSE: BAC) (Q3) EPS of 78 cents, compared to 90 cents in the prior-year quarter.
Canada
Economic Lookahead
Consumer Price Index (Sept.) CPI rose 2.0% on a year-over-year basis in August, down from a 2.5% increase in July. On a seasonally adjusted monthly basis, the CPI rose 0.1% in August.
Wholesale Trade (Aug.) Wholesale sales grew 0.4% to $82.7 billion in July.
Wednesday
U.S.
Economic Lookahead
Import price index (Sept.)
Featured Earnings
Abbott Laboratories (NYSE: ABT) (Q3) EPS of $1.20, compared to $1.14 in the prior-year quarter.
Elevance Health Inc (NYSE: ELV) (Q3) EPS of $9.74, compared to $8.99 in the prior-year quarter.
Prologis Inc (NYSE: PLD) (Q3) EPS of $1.38, compared to $1.30 in the prior-year quarter.
Canada
Economic Lookahead
CREA Stats (Sept.) Home sales recorded over Canadian MLS® Systems edged up by 1.3% on a month-over-month basis in August, reaching their highest level since January and their second highest in over a year.
Monthly Survey of Manufacturing (Aug.) Manufacturing sales rose 1.4% in July, mainly on higher sales of petroleum and coal, and chemical products. The gains were partially offset by lower sales of wood products.
Housing Starts (Sept.) Housing starts tailed off to 217,400 in August from 279,800 in July.
Featured Earnings
American Lithium Corp. (T.LI) (Q2) EPS for loss of two cents, compared to a loss of three cents in the prior-year quarter.
Thursday
U.S.
Economic Lookahead
Weekly Jobless Claims (ending Oct. 11)
U.S. retail sales (Sept.)
Industrial production (Sept.)
Business Inventories (Aug.)
Home builder confidence index (Oct.)
Featured Earnings
Taiwan Semiconductor Mfg. Co. Ltd. (NYSE: TSM) (Q2) EPS of $1.74, compared to $1.29 in the prior-year quarter.
Netflix Inc (NASDAQ: NFLX) (Q3) EPS of $5.07, compared to $3.73 in the prior-year quarter.
Morgan Stanley (NYSE: MS) (Q3) EPS of $1.57, compared to $1.38 in the prior-year quarter.
Canada
Economic Lookahead
Canada’s International Transactions in Securities (August) Foreign investors increased their exposure to Canadian securities by $11.0 billion in July. Meanwhile, Canadian acquisitions of foreign securities slowed to $4.5 billion, down from a $16.4 billion investment in June.
Motor Vehicle Sales (Aug.) Motor vehicle sales registered 169,000 in July from 166,000 in the prior-year month.
Featured Earnings
Colabor Group Inc. (T.GCL) (Q3) EPS of two cents, identical to the prior-year quarter.
Friday
U.S.
Economic Lookahead
Housing starts (Sept.)
Building Permits (Sept.)
Featured Earnings
Procter & Gamble Co (NYSE: PG) (Q1) EPS of $1.90, compared to $1.82 in the prior-year quarter.
American Express Company (NYSE: AXP) (Q1) EPS of $3.27, compared to $3.30 in the prior-year quarter.
Schlumberger NV (NYSE: SLB) (Q3) EPS of 89 cents, compared to 78 cents in the prior-year quarter.
Canada
Featured Earnings
Corus Entertainment Inc. (T.CJR.B) (Q4) EPS calls for loss of 7.5 cents compared to loss of 10 cents in the prior-year quarter.