PEARSON (PSO)Mar. 3, 2 a.m. ESTThe owner of the Financial Times and Penguin Books is expected to post double-digit earnings growth for full-year 2007.
HSBC (HBC)Mar. 3, 3:30 a.m. ESTThe British lender reports full-year results for 2007. Investors will be on the lookout for further writedowns of bad mortgage loans.
AUSSIE INTEREST RATEMar. 3, 11:30 p.m. ESTThe Reserve Bank of Australia will most likely lift interest rates 25 basis points, to 7.25%. The economy is healthy, the country's financial system remains largely unscathed by global credit market turmoil, and inflation is a concern.
D-DAY FOR HILLARY?Mar. 4It's another big day for the Presidential candidates. Delegate-rich Texas and Ohio are up for grabs, as are Vermont and Rhode Island. On the Democratic side, Hillary Clinton is on the ropes, with Barack Obama winning the last 11 contests.
BERNANKE SPEAKSMar. 4, 9 a.m. ESTFederal Reserve Chairman Ben Bernanke speaks in Florida. A day later the central bank releases its Beige Book report on economic conditions. Wall Street will be looking for clues to what the Fed may do at its next monetary policy meeting on Mar. 18.
OPEC MEETINGMar. 5Analysts worry that OPEC may decide to trim production when it meets in Vienna. Concerns of a reduction in output helped push the price of oil above $100 per barrel on Feb. 19.
COSTCO (COST)Mar. 5, 11 a.m. ESTShoppers are still flocking to the warehouse retailer. Fiscal second-quarter sales should stay strong, but investors will be looking to see if Costco did a better job of widening its profit margins after falling short of expectations last quarter.
H&R BLOCK (HRB)Mar. 5, 4 p.m. ESTThe tax-services company reports fiscal third-quarter results. After a big loss in the second quarter, analysts expect to see a small rebound. However, earnings will be hit by a one-time charge resulting from the elimination of about 500 positions in January.
EURO MONETARY POLICYMar. 6Investors see the European Central Bank and Bank of England standing pat on interest rates at their monetary policy meetings. Both central banks are facing weaker economic conditions and inflationary pressures, which will make monetary policy a tricky affair in 2008.
CIENA (CIEN)Mar. 7, 8:30 a.m. ESTFirst-quarter figures will provide a glimpse into whether the networking equipment company can remain profitable in 2008. Last year was the first in five that Ciena was in the black.
U.S. EMPLOYMENTMar. 7, 8:30 a.m. ESTEconomists expect February job data will look tepid. Payrolls are forecast to grow by 50,000, and the unemployment rate will most likely rise.
JUMP AHEADMar. 9, 2 a.m. ESTDaylight savings time starts in the U.S. Americans will turn their clocks ahead by one hour.