Catalysts For March 4, 2010 (BUD, WRN, WEN, TYPE, STP, TK, CIEN, TD, MENT, MOVE, EVC, SLW, GA, ARST, ALSK, MRVL, COO, URBN)
Economic Events
The following data will be released in the market:
* Preliminary data on productivity in Q4. Analysts are expecting productivity growth to remain flat at 6.2%.
* Jobless claims for the week ending February 27: Analysts expect jobless claims to decline by 20,000 to 475,000, down from 495,000 a week before.
* Factory orders for January: Orders are likely to have improved to 1.2%, up from -4.4% in December.
* Pending home sales in January: Sales growth is expected to come in at 1.7%, up from 1.0% for December.
Corporate Events
* Companies that are set to report their earnings for the latest quarter before the bell today are Urban Outfitters (NASDAQ: URBN), Aviva, Anheuser-Busch InBev (NYSE: BUD), Western Copper (NYSE: WRN), Wendy's Arby's Group (NYSE: WEN), Monotype Imaging Holdings (NASDAQ: TYPE), Suntech Power Holdings (NYSE: STP), Teekay Corporation (NYSE: TK), Ciena (NASDAQ: CIEN) and Toronto-Dominion Bank (NYSE: TD).
* Meanwhile, Marvell Technology (NASDAQ: MRVL), Mentor Graphics (NASDAQ: MENT), Move (NASDAQ: MOVE), Entravision Communication (NYSE: EVC), Silver Wheaton (NYSE: SLW), Giant Interactive Group (NYSE: GA), ArcSight Inc (NASDAQ: ARST), Alaska Communications Systems Group (NASDAQ: ALSK) and The Cooper Companies (NYSE: COO) are scheduled to announce results after the market closes.
* Retail companies will be reporting their February sales before the market opens.
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