By
Rick Aristotle Munarriz
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October 22, 2011
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There's never a dull week on Wall Street. Let's go over some of the news that will shape the week to come.
Monday
The new trading week kicks off with Caterpillar (NYSE: CAT ) reporting on Monday morning. The construction and mining equipment giant is expected to post a profit of $1.55 a share, comfortably ahead of the $1.22 it earned a year earlier.
Tuesday
Tuesday's the day for Illumina (Nasdaq: ILMN ) .
The genetic-testing specialist got slammed earlier this month, after Illumina hosed down its guidance. Slower upgrades and uncertainties over research funding have whacked demand.
Wednesday
Corning (NYSE: GLW ) reports on Wednesday. From fiber optics to ceramics, Corning does a bit of everything. The one thing it's unlikely to do, apparently, is grow its profitability. Wall Street is banking on a profit of $0.42 a share out of Corning, shy of the $0.51 it earned during the same quarter last year.
Thursday
Advanced Micro Devices (NYSE: AMD ) , Crocs (Nasdaq: CROX ) , and Yandex (Nasdaq: YNDX ) are some of the dozens of companies that will be stepping up their quarterly results on a very busy Thursday.
Friday
Fridays are typically sleepy on the earnings front, but not this time of year. Gasoline giant Chevron (NYSE: CVX ) is expected to post sharply improved earnings as we wrap up the trading week.
Until next week, I remain,
Rick Munarriz
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