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-abridged trading week kicks off with First Street Capital (NASDAQ:FSC) reporting its latest quarterly results. Investors have flocked to business development companies -- or BDCs -- for their fat payouts, and First Street Finance doesn't disappoint with its 11.3% yield. A BDC buys into financing-hungry companies and distributes most of its proceeds after fees. Fees on BDCs can be a bit steep, though, so don't just fall in love with a big fat yield.
If the sun is shining brighter than usual on Tuesday, it's because a pair of solar energy stocks are reporting fresh financials. LDK Solar (OTC:LDKYQ) and JA Solar (NASDAQ:JASO) will become the latest solar-equipment makers to try to brighten their investors' day with their latest numbers.
Solar will be a winner in time, but right now many of the players are losing money as countries scale back on subsidies for green energy solutions. LDK Solar and JA Solar are both expected to post quarterly deficits, but they should be narrower than they were a year earlier.
Renren (NYSE:RENN) is one of the few companies daring to step up on the day before the Thanksgiving holiday with its quarterly report. Then again, they don't celebrate Thanksgiving in China. That nation's leading social-networking website operator has surprisingly been struggling lately to grow its online advertising. It's been relying on online games to help fuel growth in recent quarters.
It's Thanksgiving, but that doesn't mean the business world will take the day off to carve some turkey and watch some football. Several retailers have decided to kick off their Black Friday sales a few hours early, bleeding into Thursday night. It's a controversial practice, but working or shopping on Thursday should open up Friday morning for family time this year.
The market is typically quiet on Friday -- especially on the day after Thanksgiving -- but that won't stop Frontline (NYSE:FRO) from reporting.
The world's largest tanker company will report third-quarter results on Friday morning, and it isn't likely to be pretty. Analysts are bracing for its third consecutive quarterly deficit on a 20% decline in revenue. Sounds like this tanker is tanking.