Business week ahead, Oct. 28-Nov. 1
Westbury-based New York Community Bancorp is among those companies reporting earnings this week. Credit: Audrey C. Tiernan/Audrey C. Tiernan
KEY EVENT: A jam-packed week includes an update on jobs and unemployment, a Federal Reserve meeting, a much-anticipated first look at third-quarter GDP and a slew of earnings from big companies, including several based on Long Island.
MONDAY: Earnings from Google parent Alphabet, AT&T and Walgreens Boots Alliance
TUESDAY: September pending-home sales from the National Association of Realtors and S&P Corelogic Case-Shiller home prices for August. Earnings: Lake Success bank company Flushing Financial, Mastercard
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, the Commerce Department releases third-quarter GDP. And private-sector jobs created in October as estimated by payrolls provider ADP. Earnings: Port Washington shopping centers owner Cedar Realty Trust, Westbury bank company New York Community Bancorp, Apple, Facebook, Roosevelt Field mall owner Simon Property Group, Starbucks, KFC owner Yum Brands
THURSDAY: Jobless benefits claims for the week ended Oct. 26 from the Labor Department. Earnings: 1-800-Flowers.com, Estee Lauder, PSEG Long Island parent Public Service Enterprise Group
FRIDAY: The Labor Department releases jobs created and the unemployment rate in October. Earnings: Uniondale real estate investor Arbor Realty Trust, Colgate-Palmolive, Exxon Mobil
