The United States prepares to observe the 4th of July



Monday

WE

US markets are closed for Independence Day

Canada

Economic outlook

Markit Purchasing Managers Index (June) The index stood at 56.8 in May, down from 56.2 in April.

Featured Revenues

Cognetivity Neorosciences (C.CGN) (Q2) projects EPS for a loss of one cent, compared to a loss of seven cents in the year-ago quarter.

NorthWest Copper (V. NWST) (Q4) EPS projects for a one-cent loss, same as the prior year quarter.

Tuesday

WE

Economic outlook

Factory Orders (May)

Featured Revenues

Grupo Televisa SA (NYSE:TV) (Q1) projects EPS of 24 cents, compared to 19 cents in the year-ago quarter.

GreenPower Motor Company Inc. (NASDAQ: GP) (Q4) EPS projects $2.34, down from $1.81 in the prior year quarter.

Canada

Economic outlook

Building permits (May) The total value of building permits in Canada fell 0.6% in April to $11.7 billion.

Featured Revenues

Canada Nickel Company Inc. (T.CNC) (Q3) EPS projects for a loss of two cents, same as the prior year quarter.

Numinus Wellness Inc. (T.NUMI) (Q3) projects EPS for a loss of three cents, compared to a loss of four cents in the prior year quarter.

Wednesday

WE

Economic outlook

S&P Global US Services Purchasing Managers Index (June)

Institute for Supply Management Services Index (June)

Jobs (May)

Featured Revenues

Simulations Plus Inc. (NASDAQ: SLP) (Q3) EPS projects 17 cents, down from 18 cents in the prior year quarter.

Saratoga Investment Corp (NYSE: SAR) (Q1) EPS projects 55 cents, down from 56 cents in the prior year quarter.

Trilogy Metals Inc. (NYSE: TMQ) (Q1) forecasts a one-cent EPS loss, compared to a two-cent loss in the prior year quarter.

Thursday

WE

Economic outlook

Initial jobless claims (week of July 2)

ADP Employment Report (June)

External Trade Balance (May)

Featured Revenues

Levi Strauss & Co (NYSE: LEVI) (Q2) EPS projects 22 cents, down from 23 cents in the prior year quarter.

Helen of Troy Limited (NASDAQ: HELE) (Q1) EPS projects $1.64, down from $2.95 in the prior year quarter.

WD-40 Company (NASDAQ: WDFC) (Q3) EPS projects $1.27, down from $1.52 in the prior year quarter.

Canada

Economic outlook

International merchandise trade (May) Growth in Canadian merchandise imports and exports slowed in April, with imports increasing 1.9% and exports 0.6%.

As a result, Canada’s merchandise trade surplus with the world narrowed from $2.3 billion in March to $1.5 billion in April.

IVEY PMI (June) The index rose to 72 in May from 66.3 in April and showed a big improvement from the May 2021 figure of 64.7.

Featured Revenues

Richelieu Hardware Ltd. (T.RCH) EPS projects $2.34, compared to $1.81 in the prior year quarter.

Friday

WE

Economic outlook

Non-agricultural payroll (June)

Wholesaler Inventory Review (May)

Featured Revenues

Greenbrier Companies Inc. (NYSE:GBX) (Q3) EPS projects 67 cents, down from 69 cents in the prior year quarter.

AZZ Inc. (NYSE:AZZ) (Q1) EPS projects $1.03, down from 88 cents in the prior year quarter.

Canada

Economic outlook

Labor Force Survey (June) Employment rose by 40,000 in May and the unemployment rate edged down to 5.1%.