By
Rick Aristotle Munarriz
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December 31, 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 market is closed in observance of New Year's Day, but that doesn't make Monday an eventless holiday.
FedEx (NYSE: FDX ) kicks in with new rates on Monday, as a nearly 6% average increase across several of its rates rolls out to customers. Will customers pay? Have we been spoiled by speedy parcel deliveries? The answer is "yes" on both counts.
Tuesday
Landec (Nasdaq: LNDC ) becomes one of the first companies to post quarterly results come Tuesday afternoon. Analysts see the materials-science company posting a profit of $0.12 a share for the period, 50% ahead of last year's showing.
Wednesday
Mosaic (NYSE: MOS ) and UniFirst (NYSE: UNF ) are two of the bigger names reporting on Wednesday. Mosaic helps fertilize farmlands, while UniFirst, despite its bank-ish name, provides workplace uniforms. Only Mosaic is pegged to post improving quarterly results on the bottom line.
Thursday
Texas Industries (NYSE: TXI ) and RPM (NYSE: RPM ) are part of a busiest day of the week when it comes to financial reports. Texas is eyeing a widening deficit, though RPM is projected to post flattish results.
Friday
The final trading day of the first week of 2012 brings AZZ (NYSE: AZZ ) to the earnings stage. The maker of electrical equipment and components is forecasted to ring up net income of $0.79 a share in its report, marginally ahead of the $0.77 a share it posted a year ago.
In short, it's not going to be a quiet week despite the abridged trading.
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