Business week ahead, April 27-May 1
Bridgehampton-based Bridge Bancorp is among those companies reporting earnings this week. Credit: newsday/Thomas A. Ferrara
KEY EVENT: Wednesday features a Federal Reserve meeting and a first look at first-quarter GDP, both of which are expected to detail the enormous economic toll of the coronavirus.
MONDAY: Earnings from insurer Cincinnati Financial and paint maker PPG Industries.
TUESDAY: Consumer confidence in April from the Conference Board. Also, S&P Corelogic Case-Shiller home prices for February. Earnings: Lake Success bank company Flushing Financial, Google parent Alphabet, Caterpillar, Merck, Starbucks, UPS.
WEDNESDAY: The Federal Reserve ends a two-day meeting with a statement on the economy and a decision on interest rates. After the meeting, Fed chair Jerome Powell holds a news conference. Also, March pending home sales from National Association of Realtors. Earnings: Bridgehampton bank company Bridge Bancorp, Westbury bank company New York Community Bancorp, Altice USA, eBay, Boeing, Facebook, Microsoft, Northrop Grumman, Tesla, Pizza Hut owner Yum Brands.
THURSDAY: Jobless benefits claims for the week ended April 25 from the Labor Department. Also, personal income and spending in March from the Commerce Department. Earnings: Carle Place gift seller 1-800-Flowers.com, Apple, McDonald's, Twitter.
FRIDAY: U.S. manufacturing activity in April from the Institute for Supply Management and March construction spending from the Commerce Department. Earnings: Clorox, Colgate-Palmolive, Estee Lauder, Exxon Mobil.
