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 new holiday-shortened trading week kicks off with CalAmp (NASDAQ: CAMP ) reporting its quarterly results.
The provider of wireless communications solutions has been growing quickly these days. Analysts see profit improving to $0.21 a share for the third quarter, ahead of the prior year's $0.17 showing. They also see revenue climbing at a healthy 38% rate for the period.
Netflix (NASDAQ: NFLX ) and DreamWorks Animation (NASDAQ: DWA ) teamed up for a content-licensing deal that in which DreamWorks will provide computer-rendered content for Netflix's popular streaming service. On Tuesday we get a first taste of that alliance, as Turbo FAST makes its Netflix debut.
The family-friendly series features the characters from Turbo, DreamWorks Animation's theatrical release this summer about a turtle that's gifted with speed and enters the auto-racing circuit. It wasn't exactly a box office smash, but it still managed to draw more than 10 million moviegoers domestically, faring even better overseas.
The market is closed in observance of Christmas on Wednesday.
After its early close on Tuesday and not being open at all on Wednesday, the major exchanges open again for trading on Thursday.
Don't expect the lull to have created pent-up demand. Trading activity should be light.
The final trading day of the week will also be quiet in terms of trading activity, but it may be a good time to see if retailers feel like providing any color on how the holiday shopping season is going.
Amazon.com (NASDAQ: AMZN ) is usually good for a holiday-related press release shortly after Christmas. Whether it's touting its "best of" list for the year or offering up some Kindle records or milestones, it just wouldn't be the holidays if Amazon didn't have something to brag about.
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