2013-08-21 Events

2013-08-21 Events

• EARNINGS (all times ET, times are approximate):
    * Lowe’s (LOW) 6am, $0.79 - Preview
    * Staples (SPLS) 6am, $0.18
    * JM Smucker (SJM) 7am, $1.20
    * Energy XXI Bermuda (EXXI) 7am, $0.47
    * Sears Canada (SCC CN) 7am, C$0.23
    * Target (TGT) 7:30am, $0.95 - Preview
    * Madison Square Garden (MSG) 7:30am, $0.32
    * American Eagle Outfitters (AEO) 8am, $0.10
    * Eaton Vance (EV) 9am, $0.54
    * PetSmart (PETM) Bef-mkt, $0.86
    * Hain Celestial Group (HAIN) 4pm, $0.62
    * Prospect Capital (PSEC) 4:03pm, $0.30
    * Hewlett-Packard (HPQ) 4:04pm, $0.86 - Preview
    * Synopsys (SNPS) 4:05pm, $0.54
    * L Brands (LTD) 4:30pm, $0.60
    * Semtech (SMTC) 4:03pm, $0.51
    * AFC Enterprises (AFCE) 5pm, $0.31
• ECONOMY:
    * 7am: MBA Mortgage Applications, Aug. 16 (prior -4.7%)
    * 10am: Existing Home Sales, July, est. 5.15m (prior 5.08m)
    * 10:30am: DOE Energy Inventories
    * 2pm: Release of FOMC minutes from July 30-31 meeting
• CONFERENCES:
    * Citi One on One Midstream/Infrastructure Conf.: EPD, EROC,
      GEL, KMP, MPC, NS, NSH, OKS, QRE, TLLP, XTEX
    * CRM Evolution Conf.: DELL, T
    * Knight Capital Midwest Industrials Conf.: TEX
    * Morgan Stanley Semiconductor & Semi-Cap Equipment Corp.
      Access Day: MU, SLAB
• UPGRADES:
•   * Garmin (GRMN) to neutral: Goldman
    * Glaxo (GSK) to outperform: Cowen
    * National Retail (NNN) to outperform: FBR
    * Nasdaq (NDAQ) to strong buy: Raymond James
    * Questcor Pharma (QCOR) to buy: BofA Merrill
    * Royal Caribbean (RCL) to overweight: Morgan Stanley
    * Trina Solar (TSL) to outperform: Cowen
    * Xueda Education (XUE) to neutral: Goldman
  
  
  DOWNGRADES:
    * Agrium (AGU) to neutral: HSBC
    * Caterpillar (CAT) to neutral: Daiwa
    * Chesapeake Energy (CHK) to neutral: Susquehanna
    * Harmony Gold (HMY) to sell: UBS
    * Mosaic (MOS) to underweight: HSBC
    * Potash (POT) to underweight: HSBC
    * Tupperware (TUP) to market perform: BMO
    * Velti (VELT) to underperform: RBC
  
  
  INITIATIONS:
    * First Busey (BUSE) market perform: FBR, PT $5.50
    * Investors Bancorp (ISBC) hold: Deutsche Bank, PT $24
    * Navistar (NAV) neutral: Susquehanna, PT $31
    * Paccar (PCAR) rated new neutral: Susquehanna, PT $56
    * Sanchez Energy (SN) buy: Canaccord, PT $31
    * WCI Communities (WCIC) neutral: JPMorgan, PT $20.50
    * WCI Communities (WCIC) outperform: FBR, PT $21
    * Wesbanco (WSBC) market perform: FBR, PT $33