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Article Excerpt
http://www.profit.zacks.com/
CHICAGO -- Zacks.com releases the list of companies likely to issue earnings surprises. This week's list includes Wal-Mart (NYSE: WMT), J.C. Penney (NYSE: JCP), Kohl's (NYSE: KSS), Cree, Inc. (Nasdaq: CREE) and Ethan Allen (NYSE: ETH).
To see more earnings analysis, visit http://at.zacks.com/?id=3207.
Every day, Zacks.com makes 4 stock picks available, free of charge. To see them, go to http://at.zacks.com/?id=3567.
The Week's Events
Retailers will start to release second-quarter results this week, accounting for nearly 10% of the 246 scheduled reports. Dow component Wal-Mart (NYSE: WMT) will be joined by 15 other members of the S&P 500, including J.C. Penney (NYSE: JCP) and Kohl's (NYSE: KSS).
The Fed will hold a 2-day meeting on Tuesday and Wednesday. No change in interest rates will be made, though the statement should acknowledge that the economy is nearing stabilization.
The bond markets could be volatile, not only because of the Fed meeting, but also because of quarterly refunding. The Treasury Department...
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