Business week ahead, October 21-25
Jericho-based gas stations property owner Getty Realty Corp. reports earnings this week. Credit: Newsday/Newsday/Alejandra Villa
KEY EVENT: The state Labor Department on Tuesday releases September unemployment rates for Nassau, Suffolk and Long Island as a whole. The Long Island unemployment rate has been below 4 percent for 17 straight months, the first time that has happened in 18 years.
MONDAY: Earnings from oil-field services provider Halliburton, TD Ameritrade and Zions Bancorporation.
TUESDAY: September existing-home sales from the National Association of Realtors. Earnings: McDonald’s, Lockheed Martin, Procter & Gamble, Snapchat parent Snap, Travelers, UPS.
WEDNESDAY: The Federal Housing Finance Agency releases August single-family home prices. Earnings: Jericho gas stations properties owner Getty Realty, AT&T, Boeing, Caterpillar, eBay, Ford, Microsoft, Tesla.
THURSDAY: New-home sales and durable goods orders, both for September and both from the Commerce Department. The durable goods report, which updates the manufacture of expensive, long-lived items such as aircraft and major appliances, will be scrutinized for recession signals. Also, jobless benefits claims for the week ended Oct. 19 from the Labor Department. Earnings: Bridgehampton bank company Bridge Bancorp, New Hyde Park shopping centers owner Kimco Realty, Melville industrial supplies distributor MSC Industrial Supply, Amazon, Capital One, Hershey, Intel, Northrop Grumman, Visa.
FRIDAY: October consumer sentiment from the University of Michigan. Earnings: Anheuser-Busch Inbev, Verizon.
— PETER KING
'Tis the season for the NewsdayTV Holiday Show! The NewsdayTV team looks at the most wonderful time of the year and the traditions that make it special on LI.
'Tis the season for the NewsdayTV Holiday Show! The NewsdayTV team looks at the most wonderful time of the year and the traditions that make it special on LI.
