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 Brady Corp. (NYSE: BRC) reporting its latest quarterly results. Analysts expect the identification-solutions provider to earn $0.60 a share, well ahead of the $0.49 it rang up a year earlier.
Tuesday
The weight of the world -- at least World 8.4 -- will be on Nintendo's (OTC BB: NTDOY.PK) shoulders come Tuesday, when it hosts a 3DS event in Tokyo. It shocked gamers by cutting prices on the high-tech handheld gaming system by 32% this summer, just months after its March debut.
New games? New accessories? We'll see, though shares of Nintendo can use a break after hitting a five-year low this summer.
Another former darling that has been a glutton for punishment -- Best Buy (NYSE: BBY) -- reports its latest quarterly financials on Tuesday. Best Buy has posted three consecutive quarters of year-over-year declines in profitability, and analysts think the consumer-electronics giant will stretch that streak to four quarters.
Wednesday
CLARCOR (NYSE: CLC) and Ascena Retail Group (Nasdaq: ASNA) are some of the companies reporting their latest results on Wednesday.
The Ascena name may not be familiar, but its retail chains -- dressbarn, maurices, and Justice -- are shopping-mall staples. CLARCOR is a filtration-products maker. The two companies don't have a lot in common, but both are expected to post higher earnings this time around.
Thursday
AAR (NYSE: AIR) touches down on Thursday. The provider of products and value-added services for the aerospace industry is also expected to post higher earnings than it did a year higher. That's altitude, my friend.
Friday
It's quiet on the earnings front to close out the week, but that's the way Fridays in September usually are. Make the most of the lull by researching your next market buys.
Until next week, I remain,
Rick Munarriz
