So, the unemployment rate sank below 9% in February, but investors didn't seem to be impressed by that. The Dow, Nasdaq and S&P 500 all fell on Friday over concerns about how the ongoing unrest in the Middle East might affect energy prices, and thus the economic recovery.

Will this coming week's economic calendar offer anything likely to bring excitement to the markets? Here's what's on tap:

• Monday: Consumer credit numbers for January
• Tuesday: Weekly chain store sales, TIPP Economic Optimism Index

"Boston Beer (SAM) recently broke out from a six-month flat base; the move carried the stock to a new all-time high," says breakout specialist Leo Fasciocco.

The editor of Ticker Tape Digest explains, "SAM produces malt beverages and hard cider products at its breweries and under contract arrangements at other brewery locations.

"Technically, it is one of the strongest stocks in the market having climbed from 20 two years ago to 81 -- a fourfold move.

It will be a busy week. Republicans are poised to gain control of the House of Representatives and gain governorships in Tuesday's mid-term elections. Also, the Federal Reserve is expected to announce another round of quantitative easing Wednesday, following the FOMC meeting. Major retailers are scheduled to report October same-store sales Thursday, while the October unemployment rate, announced on Friday, is expected to remain at 9.6%.

Toyota's (TM) fiscal second-quarter results will be one of the highlights on the earnings front this week. After three periods of way underestimating Toyota's earnings, have the analysts surveyed by Thomson Reuters got it right this time? The stock sure could use a boost. Teva Pharmaceuticals (TEVA) is in a similar situation; i.e., high expectations for this week's quarterly results but a stock in need of a boost. Marathon (MRO) and Starbucks (SBUX) are also expected to post strong earnings growth this week, but both stocks are riding high.

Though by some estimates, consumer spending has topped its 2008 peak (really!) there is no denying that many businesses are still offering rock-bottom prices to lure shoppers out of their shells. You can now add convenience store chain 7-Eleven to the list.

The company just announced that it will be offering a lower-priced private label beer in an effort to connect with Americans looking for a cold brew this summer. The label is called "Game Day," and will be produced by City Brewing of Wisconsin -- a facility that joined up with Boston Beer (SAM) in 2007 to craft its flagship Sam Adams lager.

Here are some highlights from last week's earnings coverage from BloggingStocks:

• Activision Blizzard Inc. (NASDAQ: ATVI) said its Q3 profit declined despite the popularity of Guitar Hero.
• Blackboard Inc. (NASDAQ: BBBB) said Q3 revenue surged and its offered impressive cash flow numbers.
• Boston Beer Co. Inc. (NYSE: SAM) easily beat Q3 earnings estimates and raised its full-year guidance.
• Cisco Systems Inc. (NASDAQ: CSCO) lower Q1 results topped estimates and sent shares higher.
• Cognizant Technology Solutions Inc. (NASDAQ: CTSH) was upgraded following its strong Q3 results.
• Corporate Executive Board (NASDAQ: EXBD) received an analyst's upgrade following the Q3 results.

Shares of The Boston Beer Company (NYSE: SAM) surged to a new 52-week high Friday morning, after the brewmaster reported a third-quarter profit of $10.4 million, or 72 cents per share, on revenue of $108.7 million. The company swung to a loss of 2 cents per share in the third quarter of 2008, but attributed its turnaround to strong shipments and decreased advertising expenses.

The results were better than analysts expected, with consensus estimates calling for Boston Beer to bank a profit of 39 cents per share on $107.5 million. Looking forward, Boston Beer now expects full-year earnings of $1.75 per share to $2.05 per share, a marked increased from its prior forecast for a 2009 profit of $1.40 per share to $1.70 per share.

After testifying before a Senate committee about AIG (NYSE: AIG) last week, the Fed's Ben Bernanke participates in a Council of Foreign Relations event Monday evening.

Economic data due to be released this week include wholesale trade and job vacancies for January on Tuesday morning, the U.S. Treasury budget for February on Wednesday, retail sales for February and business inventories for January on Thursday morning, and the U.S. trade balance for January on Friday morning.

The Boston Beer Company (NYSE: SAM) is America's largest microbrewer, producing more than twenty seasonal and year-round varieties of Samuel Adams brand craft-brewed beers at facilities in Cincinnati and Boston. The company moved to boost its capacity last summer, with the purchase of a Pennsylvania brewery from Diageo (NYSE: DEO). The new facility is expected to begin producing Samuel Adams beers in the third or fourth quarter of 2008. The company also makes and distributes Twisted Tea brand malt beverages and HardCore brand ciders. Products are distributed to retailers in the US, Canada, the Caribbean, Europe and the Pacific Rim. Anheuser-Busch (NYSE: BUD) is a major competitor.

The firm pleased investors last week, when it reported Q4 EPS of 46 cents and revenues of $92.2 million. Analysts had been looking for 35 cents and $88.9 million. Management also guided FY08 EPS to $1.70-$2.00, versus Street consensus of ($1.68).

Here are a few highlights from this past week's earnings coverage from BloggingStocks:

• America's Car-Mart Inc. (NASDAQ: CRMT) beat estimates by closing underperforming branches.
• Aristotle Corp. (NASDAQ: ARTL) fourth-quarter revenue edged up while earnings slipped.
• Blackstone Group (NYSE: BX) fourth-quarter profit plunged on bond insurance related write-downs.
• Boston Beer Co. Inc. (NYSE: SAM) fourth-quarter profit more than doubled as drinkers switch to craft beers.
• CAI International Inc. (NYSE: CAP) beat expectations fourth quarter and raised its guidance.
• Caterpillar Inc. (NYSE: CAT) offered encouraging guidance for the full year and long term.
• Consolidated Communications Holdings Inc. (NASDAQ: CNSL) beat estimates for the fourth quarter.
• Flow International Corp. (NASDAQ: FLOW) beat expectations, sending shares up sharply.
• Gehl Co. (NASDAQ: GEHL) fourth-quarter profit fell but beat expectations due to international growth.
• J. Crew Group Inc. (NYSE: JCG) raised its full-year outlook, sending shares higher.
• Kroger Co. (NYSE: KR) beat fourth-quarter expectations though profit slumped due to inflation.
• Maidenform Brands Inc. (NYSE: MFB) beat fourth quarter estimates due to sourcing initiatives.
• Smart Balance Inc. (NASDAQ: SMBL) nearly doubled its fourth-quarter loss despite strong revenue growth.
• Take-Two Interactive Software Inc. (NASDAQ: TTWO) posted a narrower-than-expected first-quarter loss.
• WellPoint Inc. (NYSE: WLP) cut its first-quarter and full-year forecasts on higher expenses.

The most recent quarter was good for Boston Beer Co. Inc. (NYSE: SAM), which reported that its fourth-quarter profit more than doubled, and not too bad for Take-Two Interactive Software Inc. (NASDAQ: TTWO), which posted a narrower-than-expected loss for the first quarter.

For the quarter that ended December 29, Boston Beer's net income jumped to $6.8 million, or 46 cents per share, from $2.5 million, or 17 cents per share, in the prior year quarter. Revenue rose 26% to $92.2 million from the same period of 2006. Analysts polled by Thomson Financial had expected earnings of 35 cents per share on revenue of $88.9 million.

The company credited its performance to drinkers trading up to craft beers, as well as increasing retailer and wholesale support for the craft category and for Samuel Adams. The company noted that its Twisted Tea brand also performed well in the quarter.

For the full year, profit grew 24% from a year ago, to $22.5 million, or $1.53 per share, while revenue grew 20% to $341.6 million.

Boston Beer shares rose $2.02, or 6%, to close at $35.81, and continued to rise in after-hours trading.

Here are a few highlights from this past week's earnings coverage from BloggingStocks:

• BJ's Wholesale Club Inc. (NYSE: BJ) beat fourth-quarter estimates on lower costs and strong sales.
• Ciena Corp. (NASDAQ: CIEN) first-quarter profit doubled on strong sales, lifting the sector.
• Clean Harbors Inc. (NASDAQ: CLHB) trounced expectations as it completes acquisitions.
• Del Monte Foods Co. (NYSE: DLM) beat estimates on cost cutting and raised its guidance.
• HSBC Holdings PLC ADS (NYSE: HBC) profit soared in 2007, beating analysts' expectations.
• Intel Corp. (NASDAQ: INTC) lowered its first quarter earnings forecast, citing weak chip prices.
• LeapFrog Enterprises Inc. (NYSE: LF) narrowed its losses for the fourth quarter and full year.
• LKQ Corp. (NASDAQ: LKQX) beat fourth-quarter estimates and raised its guidance.
• Midway Games Inc. (NYSE: MWY) widened its losses in both the fourth quarter and full year.
• Staples Inc. (NASDAQ: SPLS) reported a solid fourth quarter and increased its annual dividend.
• TiVo Inc. (NASDAQ: TIVO) posted a smaller-than-expected fourth-quarter loss due to licensing deals.
• Trump Entertainment Resorts Inc. (NASDAQ: TRMP) fourth-quarter and full-year losses widened.
• Universal Health Services (NYSE: UHS) beat earnings expectations but matched revenue estimates.

Also, Dell Inc. (NASDAQ: DELL) struggles to maintain profitability against competitor Hewlett-Packard Co. (NYSE: HPQ). See Timothy Sykes's take on Warren Buffett's annual letter to Berkshire Hathaway (NYSE: BRK.A) shareholders. And Zac Bissonnette is interested in where earnings actually come from.

Upcoming results to watch for include Kroger Co. (NYSE: KR), Boston Beer Co. (NYSE: SAM), J. Crew Group Inc. (NYSE: JCG), Jones Soda Co. (NASDAQ: JSDA), Blackstone Group (NYSE: BX), and Men's Wearhouse Inc. (NYSE: MW).

Visit AOL Money & Finance for more earnings coverage.

Here are some highlights from this past week's earnings coverage from BloggingStocks:

• Astec Industries Inc. (NASDAQ: ASTE) beat expectations and raised its guidance.
• Blockbuster Inc. (NYSE: BBI) fourth-quarter profit fails to offset the full-year loss.
• China Techfaith Wireless Communication Technology (NASDAQ: CNTF) beat analysts' expectations.
• Costco Wholesale Corp. (NASDAQ: COST) met analysts' estimates, buoyed by higher fuel prices.
• FTI Consulting Inc. (NYSE: FCN) beat expectations and raised its full-year guidance.
• H&R Block Inc. (NYSE: HRB) narrowed its loss due to higher sales and smaller subprime losses.
• Jackson Hewitt Tax Service Inc. (NYSE: JTX) missed estimates as third-quarter profits declined sharply.
• LifeCell Corp. (NASDAQ: LIFC) beat fourth-quarter estimates and offered full-year guidance.
• Marvell Technology Group (NASDAQ: MRVL) lowered its first-quarter forecast , sending shares lower.
• Porsche AG (OTC: PSEPF) profit soared on strong sales of its Cayenne.
• S1 Corp. (NASDAQ: SONE) beat expectations and offered full-year guidance.
• Saks Inc. (NYSE: SKS) fourth-quarter profit nearly doubled, but full-year profit declined.
• Urban Outfitters Inc. (NASDAQ:URBN) beat expectations on strength in same-store sales.
• Walgreen Co. (NYSE: WAG) reports strong same-store sales ahead of its quarterly results.

Also, see Timothy Sykes's take on Warren Buffett's annual letter to Berkshire Hathaway (NYSE: BRK.A) shareholders. Zac Bissonnette is interested in where earnings actually come from. And Saks, Costco, and other retailers saw stronger February same-store sales despite recession concerns, but JC Penney Co. (NYSE: JCP) didn't feel the love.

Upcoming results to watch for include Kroger Co. (NYSE: KR), Boston Beer Co. (NYSE: SAM), J. Crew Group Inc. (NYSE: JCG), Jones Soda Co. (NASDAQ: JSDA), Blackstone Group (NYSE: BX), and Men's Wearhouse Inc. (NYSE: MW).

Visit AOL Money & Finance for more earnings coverage.

MOST NOTEWORTHY: GSI Technology, Array Biopharma and Continental Resources were today's noteworthy initiations:

• Merriman believes GSI Technology Inc (NASDAQ: GSIT) is positioned to benefit as growing bandwidth demand and increasingly complex protocols drive the need for faster and higher density memory in networking equipment. The firm started shares with a Buy rating.
• Array Biopharma Inc (NASDAQ: ARRY) was assumed with an Outperform rating at William Blair. The firm thinks the company's pipeline contains significant value, which will be catalyzed over the next 12-18 months by continued clinical progress and potential partnerships.
• Continental Resources Inc (NYSE: CLR) was initiated with a Buy rating and $30 target at Jefferies, and points to the company's double-digit growth and strong reserve growth potential.

OTHER INITIATIONS:

• Lehman initiated Ventas Inc (NYSE: VTR) with an Equal Weight rating $46 target and HCP Inc (NYSE: HCP) with an Overweight rating.
• The Boston Beer Company Inc (NYSE: SAM) was assumed with an Overweight rating and $43 target at HSBC.

With earnings report rolling out one after another, there's hardly time to pause to enjoy a burger and a beer. Among companies reporting next week are Burger King Holdings Inc. (NYSE: BKC) and Molson Coors Brewing Co. (NYSE: TAP), and here are a quickie earnings previews for them.

Burger King has beat Wall Street earnings estimates for the past four quarters. When it reported fourth quarter 2007 results back in August, earnings were 29 cents per share, beating Wall Street estimates by two cents, and 11cents more than in the same period of the previous year. For the full year, earnings were $1.11 per share, again beating expectations by a pair of pennies. For the current quarter, analysts surveyed by Thomson Financial are expecting 33 cents per share.

The most recent analysts' consensus recommendation is to buy BKC, and has been for the past year. The share price has been climbing since the slump after excitement of the IPO wore off, and it reached a 52-week high of $27.73 at the close on Friday.

For news about Burger King and its rivals that could influence Burger King's results, check out BloggingStocks' Burger King coverage.

Boston Beer (NYSE: SAM) reported earnings after the bell today. While it seems like the stock should be lower because the company missed EPS estimates (reported 46 cents per share vs. 58 cents per share consensus), there's much more to the story than first meets the eye.

First of all, Boston Beer didn't really miss EPS estimates if you exclude capitalized brewery costs related to the Massachusetts brewery project, which essentially serves as a write-off and thus is considered a one-time charge. These costs amounted to 14 cents per share and, when backed out, the EPS figure rises to 60 cents per share -- 2 cents better than consensus.

More importantly for Wall Street, the company raised its full year guidance to $1.42-$1.70 per share -- around the consensus estimate of $1.61 per share and above prior guidance which peaked at $1.55 per share. On all of this news, the stock is up around 2% so far in after-hours trading.

This is a very interesting company. Its primary brands Twisted Tea and Samuel Adams are becoming increasingly popular among consumers who are willing to pay up for quality beer. But at more than $45 per share, with earnings power of roughly $1.60 per share this year, I think the multiple is too high. I'd much rather pay $50 per share for Anheuser Busch (NYSE: BUD), a company that has earnings power of more than $2.80 per share for this year, in my opinion. Even if the growth rate is significantly slower, I believe the spread between the multiples will likely collapse -- either Anheuser Busch is drastically undervalued, Boston Beer is significantly overvalued, or a little bit of both.