March 9, 2013
There's never a dull week on Wall Street. Let's go over some of the news that will shape the week to come.
The market kicks off with Fuel Cell Systems (NASDAQ: FCEL ) reporting its latest quarterly results on Monday. The maker of eco-friendly power plants has been posting narrowing year-over-year deficits for 15 consecutive quarters. Wall Street's holding out for another period of less red ink for Fuel Cell Systems.
Velti (NASDAQ: VELT ) reports on Tuesday. The Irish mobile marketing specialist is expected to post a quarterly profit of $0.59 a share, matching its bottom-line showing from the same period a year earlier.
Vera Bradley (NASDAQ: VRA ) checks in on Wednesday. The seller of stylish travel accessories went public at $16 three years ago. The shares rallied initially, but they've been held in check lately. Vera Bradley has done fairly well, but it will fare even better once the global economy improves and fashionable travelers get back to stamping their passports.
Northern Tier Energy (NYSE: NTI ) fuels up on Thursday. The limited partnership has been attracting investors as a result of its chunky yield. It declared a quarterly distribution of $1.27 per unit last month, giving the investment a 16% yield if it can keep the payouts coming at the same pace.
Friday is usually quiet on the earnings front, but that won't stop Abraxas Petroleum (NASDAQ: AXAS ) from reporting. The crude oil and natural gas company has operations across North America. The market sees Abraxas nearly breaking even after posting a larger deficit a year earlier.
Beyond next week
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