Market highlights for next week: Nortel, Adobe, Oracle to report
Posted Mar 16th 2007 4:00PM by Eric Buscemi
Filed under: Earnings Reports, Press Releases, Products and Services, Conventions and Conferences, Annual Meetings, Starbucks (SBUX), Adobe Systems (ADBE), NIKE, Inc'B' (NKE), Verizon Communications (VZ), Oracle Corp (ORCL), Nortel Networks (NT), QUALCOMM Inc (QCOM), Broadcom Corp'A' (BRCM)
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Monday March 19
- Nortel Networks Corporation (NYSE: NT) to report Q4 earnings; conference call at 8:30am. Analysts will be focused on Nortel's Mobility enterprise solutions revenue, as well as new business opportunities and clients.
Tuesday March 20
- Two well known technology companies to report -- Adobe Systems Inc's (NASDAQ: ADBE) Q1 conference call is at 5pm, Oracle Corporation's (NASDAQ: ORCL) Q3 conference call is at 5pm.
- PDUFA Date for Alexion Pharmaceuticals Inc's (NASDAQ: ALXN) Solaris, a treatment for paroxysmal nocturnal hemoglobinuria, a rare blood disorder.
Wednesday March 21
- The International Trade Commission will hold a public hearing on the Patent Infringement case between Broadcom Corporation (NASDAQ: BRCM) and Qualcomm Inc (NASDAQ: QCOM) at 9:30am.
- Starbucks Corporation (NASDAQ: SBUX) will hold a shareholder meeting at 1pm in Seattle. Ferris Baker Watts believes the meeting will alleviate some concerns over a previously leaked internal memo written by CEO Howard Schultz that had a cautious tone.
Thursday March 22
- Nike Inc (NYSE: NKE) to report Q3 earnings; conference call at 5pm. Along with performance by region [North America, Europe, Asia], and evaluation of pricing pressures, analysts will review Nike's revised Air Force One product performance –- deemed a catalyst for growth moving forward .
Friday March 23
- Freddie Mac (NYSE: FRE) to report Q4 earnings; conference call at 8:30am.
- Virginia District Court to hold injunction hearing between Vonage Holdings Corp (NYSE: VG) and Verizon Communications Inc (NYSE: VZ).
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