The new trading week kicks off with Team (Nasdaq: TISI) reporting on its latest quarter. The refinery piping specialist was smacked with a downgrade on Wednesday, as KeyBanc analyst Tahira Afzal lowered her rating from buy to hold.

I'm particularly wary when an analyst downgrades a stock so close to its quarterly conference call. The pro usually knows something, or is cruising for some egg-on-the-face bruising.

If KFC, Taco Bell, or Pizza Hut had a hand in your lunch lately, consider yourself part of the Yum! Brands (NYSE: YUM) family. The fast-food giant is expected to post a profit of $0.58 a share for its latest quarter, mirroring what it rang up a year ago.

Costco (Nasdaq: COST) and Family Dollar (NYSE: FDO) report. Both retailers cater to shoppers who want more bang for their bucks. Analysts see profits shrinking at Costco, yet growing at Family Dollar.

A pair of S&P 500 components check in when Marriott (NYSE: MAR) and PepsiCo (NYSE: PEP) report. The Marriott report is the one that could prove most newsworthy, given the global flux in the mainstream and luxury travel markets.

The trading week closes out with Infosys (Nasdaq: INFY). Wall Street is banking on a profit of $0.50 a share from the Bangalore-based IT-outsourcing giant, just shy of the $0.56 a share it rang up a year ago.

Until next week, I remain,

Rick Munarriz

The Fool owns shares of Costco, which is a Motley Fool Stock Advisor recommendation and an Inside Value pick. PepsiCo is an Income Investor selection. Try any of our Foolish newsletter services free for 30 days.

Longtime Fool contributor Rick Munarriz recommends windshield wiper fluid when trying to look forward. He is also part of the Rule Breakers newsletter research team, seeking out tomorrow's ultimate growth stocks a day early. He does not own shares in any of the companies in this story. The Fool has a disclosure policy.