Catalysts For March 5, 2010 (AYR, BBGI, EROC, ALC, NGD)
Economic Events
The following data will be released in the market:
Non-farm payrolls for February. Analysts expect the data to remain flat at -20,000.
Unemployment rate for February. Analysts expect the unemployment rate to come at 9.8%, as compared to 9.7% in January.
Consumer credit for January. Consumer credit is likely to have declined by $3.8 billion during the month. In December, consumer credit had declined by $1.7 billion.
Average workweek in February: The projected figure is 33.7, as compared to 33.9 in the prior month.
Corporate Events
The companies that are set to report their earnings for the latest quarter before the bell today are AIrcastle Limited (NYSE: AYR), Beasley Broadcast Group (NASDAQ: BBGI), Eagle Rock Energy Partners (NASDAQ: EROC), Assisted Living Concepts (NYSE: ALC) and New Gold Inc (NYSE: NGD).
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