With Colombia sales trends on the mend, CEO Jose Luis Laparte and his team will likely allow prices to slowly rise in that country, which suggests solid earnings growth ahead.
Car Max’s sales momentum CarMax will announce its fiscal fourth-quarter results on Thursday, and investors are cautiously optimistic heading into the report.
Constellation Brands’ beer outlook Alcoholic beverage giant Constellation Brands is set to post its fiscal fourth-quarter results before the market opens on Thursday.
A few highly anticipated earnings announcements this week could produce volatility for shareholders of CarMax (NYSE:KMX), Price Smart (NASDAQ:PSMT), and Constellation Brands (NYSE:STZ).
Let’s look at what investors can expect from these companies as they post their operating results in the days ahead.
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Soft Start Expected For Indonesia Stock Market
The global forecast for the Asian suggests mild consolidation on profit taking, although support from crude oil prices should limit the downside.
The Indonesia stock market on Friday snapped the two-day winning streak in which it had climbed almost 55 points or 1 percent.
For the day, the index lost 24.85 points or 0.44 percent to finish at the daily low of 5,568.11 after peaking at 5,606.02.
The Jakarta Composite Index now rests just below the 5,570-point plateau, and the market may extend its losses on Monday.
The lead from Wall Street is soft as stocks turned in a lackluster performance on Friday, eventually finishing in the red.
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Stock Market News for March 30, 2017
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There has been a broad-based gain in energy sector on Wednesday which boosted the overall market due to rise in oil prices.
The fall in oil output led oil prices to increase which in turn had a positive impact on energy stocks.
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collected by :Dicson Walt