The Week Ahead: Netflix Earnings, Big Bank Results, FDA Actions Abound

Below is a list of notable corporate events for the week beginning April 16. Note, this list is not comprehensive and all dates are subject to change. All times are ET.

Monday

Notable Earnings

  • Netflix, Inc NFLX Q1 after hours

FDA/Biotech

  • Bristol-Myers Squibb Company BMY PDUFA date for Checkmate-214 (Opdivo+Yervoy) in First-line Renal Cell Carcinoma

Investor Events

  • Qudian Inc QD secondary offering lockup expires

Tuesday
Economic

  • API U.S. crude oil inventories expected 4:30 p.m.

Notable Earnings

  • Goldman Sachs Group GS Q1 premarket
  • Johnson & Johnson JNJ Q1 premarket
  • International Business Machines Corporation IBM Q1 after hours
  • United Continental Holdings, Inc UAL Q1 after hours

FDA/Biotech

  • Ultragenyx Pharmaceutical Inc RARE PDUFA date for Burosumab BLA
  • Rigel Pharmaceuticals, Inc RIGL PDUFA date for Fostamatinib

Investor Events

  • BioXcel Therapeutics, Inc BTAI IPO quiet period lockup expires
  • Secondary offering lockup expirations for: MongoDB, Inc MDB, Sea Limited SE, and RumbleON, Inc RMBL

Items of Interest

  • Analyst quiet period for Dropbox, Inc DBX to expire 
  • FDA Commissioner Scott Gottlieb to testify before House Appropriations Committee; BZ NOTE: The Commissioner’s testimony could produce some headline risk for biotechs and pharmacy stocks related to potential drug pricing and pharmacy benefit manager reforms.

Wednesday
Economic

  • EIA crude oil inventories 10:30 a.m.

Notable Earnings

  • Morgan Stanley MS Q1 premarket
  • Abbott Laboratories ABT Q1 premarket
  • Alcoa Corporation AA Q1 after hours
  • American Express Company AXP Q1 after hours

Thursday
Economic

  • U.S. initial jobless claims 8:30 a.m.
  • EIA natural gas inventories 10:30 a.m.

Notable Earnings

  • Philip Morris International Inc PM Q1 premarket

IPOs

  • GrafTech International (EAF)
  • Vrio (VRIO)
  • Mereo BioPharma Group (MREO)
  • Surface Oncology (SURF)
  • Morphosys (MOR)

FDA/Biotech

  • GW Pharmaceuticals GWPH FDA AdCom Meeting for Epidiolex in Dravet Syndrome and Lennox-Gastaut Syndrome

Investor Events

  • Secondary offering lockup expirations for: Dragon Victory International Limited LYL, Mosaic Acquisition Corp MOSC, and RISE Education Cayman Ltd REDU

Friday
Economic

  • Baker Hughes oil rig counts 1 p.m.

Notable Earnings

  • General Electric Company GE Q1 premarket
  • Honeywell International Inc HON Q1 premarket
  • Procter & Gamble PG Q3 premarket

IPOs

  • FirstCarribean International Bank (FCI)
  • Level One Bancorp (LEVL)
  • Pivoltal Software (PVTL)

M&A

  • QUALCOMM Incorporated QCOM tender offer for NXP Semiconductors NXPI to expire at 5 p.m.

Investor Events

  • Fitbit, Inc FIT in court as judge decides on proposed settlement in Robb vs. Fitbit securities case
  • Charles Schwab Corporation SCHW spring business update
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