The first trading day of November kicks off with a pair of solar-energy companies illuminating the market with their quarterly reports. Evergreen Solar (Nasdaq: ESLR ) and JinkoSolar (NYSE: JKS ) announce earnings, with Jinko projected to post healthy profits and Evergreen trimming its loss from last year.
Pfizer (NYSE: PFE ) reports on Tuesday. Major pharmaceuticals have been struggling lately, especially given the inability of some pipelines to offset drugs that are going off patent. Pfizer used to be an all-weather grower, but now the pros are targeting net income of $0.51 a share for its latest quarter -- exactly what Pfizer rang up a year ago.
Pulte Homes (NYSE: PHM ) should be the latest homebuilder to post improving financials. There's still a glut of new and existing homes on the market, but real estate developers are cutting costs and making more sensible decisions these days. Pulte is expected to nearly break even after posting a sharp loss a year earlier.
Sirius XM Radio (Nasdaq: SIRI ) , one of the market's most actively traded stocks by share volume, reports on Thursday. After several consecutive quarters of modest profits, it shouldn't come as a surprise to find Wall Street holding out for another profitable quarter.
We already know that Sirius XM gained 334,727 net new subscribers during the past three months, so we know that the satellite-radio service continues to gain traction.
Solar energy kicks off the trading week, and gold shines at the end. IAMGOLD (NYSE: IAG ) and New Gold (AMEX: NGD ) are both on the earnings calendar. Given the buoyant price of the yellow stuff, it's not a shock to see both companies slated to deliver heartier earnings this time around.
Until next week, I remain,