What You missed LAST Week
RETAIL & RESTAURANTS START DOMINATING EARNINGS
February 17—21, 2020 With FOMC Chief Powell's testimony out of the way, Fedheads are out in force, ,speaking, especially towards the latter half of the week. IF you habitually seek out word on what Fed Governors or the chief are doing,, on the Fed Board Calendar, be aware that calendar does not include what’s called "external" events. Therefore, we know the ECB chief Lagarde and her lieutenant, Panetta, are both appearing at the G20 FinMins & Central Bank Governors in Saudi Arabia, of all places, next Saturday. We have no idea whether Powell is attending, and the FRB calendar won’t give us a clue because it’s an external event. The FRB monthly calendar only discloses external events if a speech will be streamed by the FRB. We can assume the BoE’s Carney is not attending because it’s not on their weekly calendar. And why should he? He’s gone next month, his new gov’t position already announced.
On the flip side, the University of Chicago Booth School of Business’ Annual "US Monetary Policy Forum," in New York is filled with Fedheads speaking. And not just speaking but Mester is moderating a panel populated by Fed Gov Clarida, BlackRock’s Rick Reider, and BoE’s Teneyro—the latter noted on the BoE weekly calendar. .ECB’s Lane is the keynote, while Fed Gov Brainard & Atlanta Fed’s Bostic are panelists at the same forum, earlier in the day, addressing "Monetary Policy for the Next Recession," a topic most FedHeads, generally, want to avoid, so consumers don’t talk themselves into an "upcoming recession." If all that wasn’t enough for a Friday, when markets have, recently and regularly, given up some of the week’s gains, Dallas Fed’s Kaplan is opening the Dallas FRB/ Texas A&M Real Estate Center’s "Room to Grow: New Economy Conference," just as long-term rates are scraping the bottom of the barrel,
And why not? Half of China is all but at a standstill, which means the tech supply chain is largely at a standstill, even as about a third of the apparel industry’s factories are at a near standstill, too. As luck would have it, the apparel & shoe industry was forced to seek out alternate factories to the ones they’d been using in China, thanks to Trump’s tariff, so a good portion of that supply chain was already moved to Vietnam, Cambodia, and other 3rd-world countries, saving that sector from total devastation. It really seems as if the Street is ignoring the real risks COVID-19 presents to the supply chain, under the assumption that disruption will mimic the SARS crisis, even though SARS infections never approached the number of coronavirus infections in China, alone. My Fx consultant, Barbara Rockefeller of Rockefeller Treasury Services wrote, Monday that China is now quarantining money, and attempting to disinfect it before locking it away for 2 weeks, to make sure money isn’t transmitting new infections.
How badly is COVD-19 hurting China’s economy? Since we don’t know if the perpetual 6.1% growth the country regularly reports for GDP, it’s impossible to know how badly shutting entire cities and provinces will hurt but, a month in, we have to assume it’s going to hurt, and some economists have ventured to guess a half a point cut to GDP to 5.6—5.5%. Believe that if you wish but it doesn’t appear the crisis is over, yet.
And, before we jump to another Calendar, note the EIA Petroelum, et al data won’t be out until Thursday, half an hour after the usual Natural Gas Report is released. Tuesday, we’ll get the NY Fed/Empire State Manufacturing Survey which should be a shrug. Manufacturing mostly left NY decades ago. NAHB’s Housing Market Index is a sentiment index that means little beyond optimism if traffic is strong at new communities, dour if it’s not. Wednesday, US Jan. Housing Starts & Building Permits, which should be strong, given the mortgage apps already reported, and warm weather for the time of year. More important, Wed., is the Jan Producer Price Index, FOMC Minutes of the Jan. 28—29th meeting, as well as a surfeit of Fedheads speaking, starting with Bostic, moving to Minneapolis’ Kashkari, before Fed’s Barkin weighs in at Duke University, half an hour after the market closes.
Thursday, we’ll get the Philly Fed Manufacturing Index, both EIA announcements, and Ag Secretary Sonny Purdue speaking at the 96th USDA Agricultural Outlook Forum—an event at which Trump has been known to decide to attend and speak at, at the last minute. Friday, Markit offers up the preliminary Feb Manufacturing, Services & Composite PMI (Purchasing Managers Index), while the Nat’l Ass’n of Realtors will offer up Jan Existing Home Sales, a series for which a lack of inventory is an issue.
Which brings us to the Earnings Calendar, where the highlight of the week, undoubtedly, will be Walmart’s report and Meeting with the Investment Community, Tuesday. Recall, Target disappointed with weaker than expected same store sales in Q4. That may or may not happen at WMT but the law of large numbers surely will soon catch up to it. Plus. I know more and more people who are ordering online and picking up in the parking lot, where a WMT employee will place their order in the truck of their car. As convenient as that is for customers, it kills impulse sales, which is why vendors pay to get a display right inside the doorway, and candy vendors have boxes of single servings lining the aisles of check-out counters. But here’s another problem to keep an eye on. My local Target, which is NOT a super store, has a major renovation underway. (I previously mentioned the fact that the bathrooms were closed off, and a week later, restrooms in trailers added outside.) Well, the look for the new Target floored me. The cosmetic department has ditched all the tall, metal displays, replacing them with shoulder height free-standing shelving that’s lit up like Christmas, and reminds me of Le Drugstore, in Paris, France. An associate manning the electronics department did near cartwheels to find the security software I was looking for, and was equally as energetic looking for an Apple watch III for another customer, finally reserving her one at a store 8 miles away, and encouraging her to use pick-up in the parking lot, so she won’t be inconvenience. I have never before encountered that kind of service in electronics, at Target. Furthermore, when I marveled at the 32" brand name HD TV’s marked down to $129 each, as part of the clearance sale in advance of that department being renovated, she told me they were only $20, or so, less than what was available, elsewhere, so really no reason to buy now, and think of who needs one in their kitchen, afterwards. Walmart, on the other hand, is still a very dirty and yellow-lit place to visit.
Beyond Walmart, I’ve highlighted any number of stocks set to report, restaurant chains, hotels, the sleep industry, homebuilders and their suppliers, along with a number of COVID-19 hit stocks, electricity generators, auto-suppliers—also China supply chain handicapped—and Viacom, the latter Thursday. One of the saddest reports may, well, be IMAX, Wednesday, given most of its theaters forced to close for Lunar New Year in China & Taiwan. Other thoughts on Earnings include wondering whether SCI—Service Corp (Mon), hopes COVID-19 kills a lot of people in its service areas? Also, considering TIVO (Tues), contrasted with ROKU, which is everything TIVO ever hoped to be. How did ROKU accomplish everything TIVO didn't?
Which brings us to Events, NADA—National Auto Dealers Association Convention and Expo, at which ATD—American Truck Dealers—will exhibit, this year, too. Given Monday’s holiday closures, it’s a bit odd that CAGNY, the Consumer Goods Analysts of NY scheduled their week to start Monday. Perhaps it was a way to provide a discount hotel rate to attendees, the weekend prior, providing another excuse to attend, if they didn’t have sufficient ones, already.
I don’t know how Barclays scheduled its Industrial Select Conference to start Wednesday, when Citi is offering up its Global Industrials Conference Tuesday, but given they’re both in the Miami area, it’s mighty convenient for the presenters, to shuttle from one event to the other. Jefferies is hosting a Dental Summit, in Chicago, Thursday, while those who aren’t turned off by travel by air, can attend the Capital Link 11th Annual Greek Shipping Forum, in Athens, Thursday, if they can’t wait for the NY version. Meanwhile, the entire toy and game industry is assembling in NY for the International Toy Fair, Mattel & Hasbro hosting walk-throughs of their exhibits to analysts, on Friday, before the event officially opens, on Saturday. I included the JPMorgan Taiwan Tech Tour on the schedule, originally planned to start Thursday but wouldn’t be surprised to learn that event was canceled, due to coronavirus. I don’t even know if planes are flying into Taiwan, now.
And that tour is just one example of the issues the Wuhan virus has created, the Mobile World Congress is the biggest of the events forced to cancel, and that was the biggest GSM show of the year, and in Spain, never mind Taiwan. And, still, the market seems to be operating with blinders on, refusing to see the degree of risk COVID-19 represents, just because SARS was a minor event, over before it exerted a huge impact. I am not that cavalier. Even factories that have reopened are reporting widespread employee outages because they’re afraid to show up and mingle with fellow workers. With at least a 14 day incubation period, this new virus is no SARS—its impact already multiples more damaging than the SARS outbreak was. Be careful out there—VERY careful about your long positions.
ECONOMIC: (Highlights, only, below. Please see Full International Economic Calendar here)
SUNDAY, 02/16
OVERNIGHT into US Mon. a.m. et:
Japan 4Q19 GDP/Biz Spending/Private Consumption/CapEx, Dec (F) Industrial Production/Capacity Utilization, Dec Department Store Sales
China Jan New Home Prices (COVID-19 a stronger negative impact in Feb, especially)
UK Rightmove Feb Homes Prices (1st Stats post-Brexit?)
MONDAY, 02/17
US Markets Closed for Washington’s Birthday/President’s Day
Canada Family Day Holiday
OVERNIGHT into US Tues. a.m. et:
China FDI, New Loans/Growth, Total Financing
RBA (Aussie) Minutes of Feb MPC Meetings
Hong Kong Jan Unemployment Rate/Change
EU 25 Jan New Car Registrations
UK ILO Dec Unemployment Rate/Change/App Count/Avg Weekly Earnings
Eurozone Feb ZEW Survey of Current Situation/Expectations/Economic Sentiment
ECB’s Panetta participates in plenary session @EU Parliamentary Week (Brussels)
TUESDAY, 02/18
NY Fed/Empire State Manufacturing Survey (8:30am et)
Canada Dec Manufacturing Sales, Dec Int’l Securities Transactions
NAHB Feb Housing Market Index (10am et)
US Treasury Auctions $45B 3-, & $39B 6-month Bills + $40B 23-day Bills (11:30am et)
US Dec TICS (4pm et)
OVERNIGHT into US Wed a.m. et:
Japan Dec Machine Orders, Jan Trade Balance
UK Jan PPI/Retail Price Index (RPPI)/CPI/CPIH, Dec House Price Index, New Car Registrations
ECB Governing Council non-Monetary Policy Meeting (Frankfurt)
WEDNESDAY, 02/19
MBA weekly Mortgage/Refinance Apps (7am et)
Redbook weekly store sales snapshot
Fed’s Bostic on Eco Outlook (8:10am et; Atlanta GA)
US Jan. Housing Starts/Building Permits (8:30am et)
US Jan PPI/Core PPI
Canada Jan CPI/Core CPI
Fed’s Kashkari speaks (11:45am et Mankato MN)
FOMC Minutes of Jan 28/29, 2020 Meeting
Fed’s Barkin on Monetary Policy Framework @Duke Univ. (4:30pm et Durham NC)
OVERNIGHT into US Thurs. a.m. et:
Democratic Presidential Hopefuls Debate in Nevada
Pres. Trump Fundraiser @Oracle Co-CEO Ellison’s home (Rancho Mirage CA)
Aussie Jan Unemployment Rate/Change/Participation (Bushfires impacted?)
PBoChina Feb 1-, & 5-yr Prime Rate, Jan Swift Global Payments
ECB Publishes Account of Jan 22—23 MPC Meeting
ECB’s de Guindos @European Banking Federation Cmte Meeting (Frankfurt)
Swiss Jan Trade Balance (Imports/Exports/Watch Exports)
German Jan PPI, GfK Mar Consumer Confidence
UK Jan Retail Sales
ECB’s Enria speaks @European Banking Institute/Goethe Univ/Institute for Monetary & Financial Stabilities Annual Conference )Frankfurt DE)
THURSDAY, 02/20
US weekly Jobless Claims/Continuing Claims (8:30am et)
Canada Teranet/Nat’l Bank Jan New Home Price Index
Philly Fed Feb Mnftg Index/Biz Conditions/Outlook/CapEx/Orders/Prices Paid
EIA weekly Natural Gas Report (10:30am et—w/e 02/14)
Ag Sec’y Sonny Purdue speaks @USDA 96th Agricultural Outlook Forum: The Roots of Prosperity (Arlington VA thru 21st)
EIA weekly Petroleum/Gasoline/Distillates/Refineries Report (11am et)
US Treasury Auctions 4-, & 8-weke Bills (values not announced at post; 11:30am et)
US Treasury Auctions $8B 30-year TIPS (1pm et)
"A Conversation with (Fed’s) Tom Barkin" @Harvard Univ (1:20pm Cambridge MA)
OVERNIGHT into US Fri. a.m. et:
Japan Jan CPI/Core CPI, Jibun Bank Feb Mnftg/Services/Composite PMI
Eurozone & Italian CPI/Core CPI/HICP
FRIDAY, 02/21
US Markit Feb (P) Mnft/Services/Composite PMI
NAR Jan Existing Home Sales (10am et)
Fed Gov Brainard & Fed’s Bostic panelists on "Monetary Policy for the Next Recession" @Chicago Booth School US Monetary Policy Forum (10:15am et; NY)
Fed’s Kaplan opens Jt Dallas FRB/Texas A&M R.E. Ctr "Room to Grow: New Economy (Housing) Conference (10:35am et @Dallas FRB)
ECB’s Lane keynotes Booth School US Monetary Policy Forum (NY noon et)
Baker-Hughes weekly Oil & Gas US/North American Rig Count (1pm et; w/e 02/14)
Fed Gov Clarida panelist on "Financial Markets & Monetary Policy: Is There a Gall of Mirrors Problem?" w/BLK’s Rick Reider & BoE’s Teneyro @Booth School Monetary Policy Forum moderated by Fed’s Mester (1:30pm et; NY)
SATURDAY, 02/22:
ECB’s Lagarde & Panetta @G20 FinMins & Central Bank Governors Meeting (Riyadh, Saudi Arabia thru 23rd)
Democratic Presidential Hopefuls Face Nevada Caucuses
WEEKS AHEAD: 02/27 Chicago Fed’s Evans keynotes GIC Member Event (Mexico City)
March 04 ECB MPC Meeting+Press Conference
03/17—18 FOMC Meets+Powell Press Conference
03/18—19 BoJ MPC Meets
03/26 BoE MPC Meets
EARNINGS: (We no longer separate pre-market from post-market release times. We cover only the major money center banks, major foreign banks, and the largest regionals. If all banks are your interest, we’re not for you., We ignore "the" in a company name unless it’s integral to the ticker, which it’s usually not. Three "???" after a lower case ticker means the report is not confirmed. We try to check every ticker but, late, run into demands to allow cookies, which we’re very selective about granting. We pass on any company that insists. if we’re not otherwise interested in that ticker. Likewise, any company that didn’t confirm by Thursday, 02/13, at noon, missed the cut. Emboldened tickers are those we think will draw the most attention—for any number of reasons. Sector leaders warrant emboldening, along with the first of any category. When only 2, or 3 companies represent a sector, and they report the same week, we highlight them. Highlighted tickers are a subjective decision; you’re free to disagree.)
MONDAY, 02/17: FLS, GDI, CINR, OTTR, SCI, RIG
TUESDAY, 02/18: TXG, AAP, AEIS, A, ALX, ALLE, AMED, ACC, AWK, ATH, ATRC, BBGI , BLMN, BCLI, BKD, CEVA, CHE, CHH, CXO, CEQP, DVN, FANG, ECL, WIRE, ENPH, EVBG, EXPD, EXR, FLR, FELE, GRPN, GSX, HCKT, HVT, HSTM, HLF, ICCC, INMD, IOSP, INVH, JELD, KAR, KRG, KNL, LZB, LDOS, LC, DOOR, MDT, MICT, mcri???, NP, ntes???, NXRT, NAT, NTR, OCFT, PLMR, PSB, ROIC, RPAI, SGMS, SCPL, SFL, SSTI, SITE, SOI, SHO, TX, TIVO, TSEM, TRTX, TRU, TPH, UFCS, USAC, VRSK, vips???, VG, VNO, VMC, WAB, WMT, WLK, WLKP, WWR, XPER
WEDNESDAY, 02/19: acia???, ALB, Y, ALSN, mdrx???, crmt???, AMSF, ADI, AROC, ATNI, CAR, AXTI, BHC, BCOR, APRN, blue???, SAM, BCOV, CSV, FUN, CAKE, XEC, CDE, CYH, CVI, UAN, CYBE, CONE, DISH, sats???, ELAN, ESRT, EIG, ENBL, ELGX, ET, ETR, ENV, ES, FARO, FIVN, FVRR, FDP, GRMN, GEL, GMAB, THRM, GPC, LAND, LOPE, GLDD, GDOT, HCR, HNI, HEP, HOLI, HST, H, IMAX, INOV, IART, IVR, IRET, NVTA, JACK, JAKK, KALU, KREF, LILA, LSI, MX, MANT, MASI, MOS, MSA, NHI, NM, LASR, NE, NDSN, DNOW, OGS, ONE, OSUR, OR, OC, ORCC, paas???, PE, PRDO, pbr???, PXD, QTWO, QUAD, pwr???, O, RETA, RBBN, RPT, STNG, SSW, SREV, SNBR, SEDG, SAH, SP, SPTN, STMP, SBLK, RGR, SUI, SUN, SPN, SNPS, tk???, TVTY, TSLX, TRMT, TRN, UCTT, UFPI, VMI, VPG, HCC, WSTG, WMB, WING, ZG
THURSDAY, 02/20: AAN, ADSW, ADC, AIRG, AKS, LNT, AEP, COLD, ANIK, APPN,, ATR, ARD, ACRE, ASPN, AAWW, BAND, BAX, BJRI, BYD, BRC, BLDR, COG, CATM, CWST, CBZ, CENX, CERS, CLF, COMM, bvn???, CNDT, CNSL, ED, CSTM, COT, CVA, CUBE, DRH, BOOM, DPZ, DBX, DCO, EHTH, ego???, EBS, EPAM, FSLY, FSLR, FIT, FND, FOCS, FMS, GLPG, GLPI, GIL, GMED, gol???, GSBD, pac???, tv???, HEES, HASI, HSIC, HTGC, HFC, HRL, HPP, ICLR, IDA, ITGR, I, IDCC, JRVR, KBR, KNSL, LAMR, LXP, LTHM, LTC, MM, MCS, MD, MFA, MORN, NBR, NCMI, NGHC, NEM, NCLH, NUVA, OPI, OEC, PEB, PPC, PQG, PRAH, PRA, PBYI, RCM, RMAX, RS, RGEN, ROG, SBAC, SWM, SEM, SHLX, SIX, SJW, SLRC, SUNS, SO, spr???, SFM, STFC, SCL, STOR, SYNH,, TRGP, TCP, TFX, tds???, TNC, TEN, TXRH, TMST, TRUE, UHC, OLED, VTR, VIAC, VICI, VC, WIX, WK, ZIXI, ZVO, ZS
FRIDAY, 02/21: ASX, BCPC, B, brk.a???, CNK, CFX, CMLS, DE, DSX, HSC, HMSY, ITT, MGA, MUX,, ZEUS, PNW, RY, RUTH, TECK, VAL, VALE, WPC
EVENTS:
CONTINUING SUNDAY, 02/16
NADA (N. Am. Auto Dealers) Convention/Expo (Las Vegas NV thru 17th)
ATD (Truck Dealers) @NADA Convention (Las Vegas thru 17th)
AAAS Am. Ass’n for the Advancement of Science (Seattle WA)
Developer Week & Hackathon (Oakland, CA)
SPIE Medical Imaging (Houston TX thru 20th)
Advancing Cardiovascular Care of the Oncology Patient (D.C.)
London Women’s (Designer Runway) Fashion Week (London thru 18th)
Singapore 2020 Air Show (Singapore)
52nd ChicagoLand RV/Van & Boat Show (Chicago IL)
Miami International Boat Show (Miami FL thru 17th)
NBA Crossover & Rising Stars (Chicago)
STARTING SUNDAY, 02/16
NobleCon20-Noble Financial Annual Small Cap & Emerging Growth Investor Conference (Hollywood FL thru 18th)
ISSC Solid State Circuits (San Francisco CA thru 20th)
World Mail & Express Americas Conference (Miami thru 18th)
24th Int’l ITSM (IT Service Mngmnt) Conference/Expo (Las Vegas thru 19th)
Brain Therapeutics: Disruptive Technologies & Opportunities (Taos NM thru 19th)
SCCM 49th Critical Care Congress (Orlando FL thru 19th)
44th Hawaii Dermatology Seminar (Maui HI thru 21st)
EuroCIS (retail technology; Dusseldorf Germany thru 20th)
EuroShop 2020 (everything but IT for retailers; Dusseldorf thru 20th)
Citi Consumer Tour (Sanya China thru 18th)
NBA All-Star Game Team LeBron vs Team Giannis TNT TV (8pm Chicago IL)
Daytona 500 (Daytona Beach FL)
MONDAY, 02/17 US Markets Closed for Washington’s Birthday/Presidents Day
CAGNY Consumer Analysts of NY Week (Boca Raton FL thru 21st)
Parks Assoc. Smart Energy Summit (Austin TX thru 19th)
N.W. Food & Beverage Ass’n World (Spokane WA thru 19th)
OWS2.0 Outsourcing World (Orlando FL thru 20th)
Annual Big Sky Cardiovascular Update (Sky MT thru 21st)
INMA (News Media Alliance) Key Executives MEGA-Conference (Ft Worth TX thru 19th)
Nitrogen + Syngas (The Hague NL thru 18th)
HSBC 5G Smartphone Corporate Day (Hong Kong)
JPMorgan & Rolex sponsor 26th Dubai Duty Free Tennis Championships (UAE thru 29th)
TUESDAY, 02/18
Citi Global Industrials Conference (Miami FL thru 20th)
AWMA Convenience Retailing University (New Orleans LA thru 19th)
AHA (Heart Ass’n) Int’l Stroke Conference (Los Angeles CA)
StephensOil & Gas Pipeline Expert Call w/BBG’s Brandon Barnes
14th Annual Biomarkers Congress (Manchester UK thru 20th)
11th RNA Therapeutics Conference (London thru 20th)
13th Int’l Conference on Vascular Dementia + Dementia (Paris FR thru 20th)
Sachs Associates European Healthtech CEO Forum/Expo (Zurich Suisse)
Milan Women’s Fashion Week (Milan Italy thru 24th)
Nomura Japan Corporate Day (Hong Kong & Singapore thru 21st)
CIAACE:China Int’l Auto Electronics Accessories, Timing & Car Care Products (Beijing thru 20th)
Arch Coal (ARCH) hosting B RileyFBR clients (NY)
Brooks Automation (BRKS) hosting B RileyFBR clients in Charlotte & NY)
Walmart (WMT) Investment Community Meeting (webcast 8am est)
WEDNESDAY, 02/19
Barclays Industrial Select Conference (Miami Beach thru 20th)
NASS (Spine) Evidence & Technology Spine Summit (Park City UT thru 22nd)
12th {Smart & Sustainable Cities} Meeting of the Minds (Phoenix AZ thru 22nd)
SMX Search & Social Marketing West (San Jose CA thru 20th)
IASLC: Target Therapies of Lung Cancer Meeting (Santa Monica CA thru 22nd)
Solebury Trout CEO & Investor Ski Conference (Park City UT thru 20th)
ASBMT: Am. Society for Marrow Transplantation & Cellular Therapy (Houston thru 23rd)
Sachs Assoc. 13th European Life Sciences CEO Forum (Zurich thru 20th)
MPE: Merchant Payments Ecosystem (Berlin Germany thru 20th)
Citi 17th Annual Asia Pacific Investor Conference (Singapore thru 20th)
8x8 Co (EGHT) marketing with Stephens (Boston)
Enthusiast Gaming Holdings Inc (EGLX) hosting B RileyFBR clients (NY)
Oracle (ORCL) Chairman Larry Ellison hosts fundraiser for Pres Trump (Rancho Mirage CA)
THURSDAY, 02/20
USDA 96th Agricultural Outlook Forum: The Roots of Prosperity (Arlington VA thru 21st)
Jefferies Dental Summit (Chicago)
Integrative Healthcare Expo (NY thru 22nd)
RBC Montreal Debt Capital Markets Conference (Montreal Canada)
Capital Link 11th Annual Greek Shipping Forum (Athens Greece)
JPMorgan Taiwan Tech Tour (Taiwan)
Everbridge Co (EVBG) hosting Stephens clients @Hdqtrs (Burlington MA)
Western Alliance Bank Co (WAL) martketing w/Stephens (Dallas & Houston TX)
FRIDAY, 02/21
Toy & Game of the Year Award Nominees Announced (NY)
AstraZeneca (AZN) meeting with Wolfe Research clients (San Francisco & L.A..)
CBRE (CBRE), CoreLogic (CLGX), & 1st American Financial (FAF) speak @Dallas FRB/Texas A&M Housing Conference
Hasbro (HAS) new toy & game introductions for analysts (8am est @NY Toy Fair HAS Exhibit)
Mattel (MAT) introduces new toys to analysts (1:30pm et @MAT NY Toy Fair Gallery)
Norwegian Cruise Lines Hldgs (NCLH) Christening of the Regent 7 Seas Splendor by Christie Brinkley (Miami)
FILMS OPENING: "Emma." (sic) with Anya Taylor-Joy, Tanya Reynolds, Josh O’Connor, and Bill Nighy, based on a novel by Jane Austen—the last published while she was still alive, via Focus Features (CMCSA). "Brahms: The Boy II," with Katie Holmes, Owan Yeoman, about a creepy doll via STX Entertainment & Huayi Brothers. "The Call of the Wild," with Karen Gillan, Harrison Ford, Cara Gee, & Dan Stevens, about a sled dog, a couple of weeks after the most famous Alaskan sled dog race got underway, and filmed in Santa Clarita CA, via 20th Century Fox (DIS). "Greed," with Asa Butterfield, Isla fisher, Sophie Cookson, Shirley Henderson, written & directed by Michael Winterbottom, Will Smith, via Sony Pictures (SNE).
SATURDAY, 02/22
MobiSec (Miami Beach thru 23rd)
New York International Toy Fair (New York thru 25th)
CHART 99—(Hospitality) Training Competencies Conference (Napa Valley CA thru 25th) EXCERPTS of EARLIER 2020 OUTLOOKS HERE
© Sandi Lynne 2020 Nothing contained in this commentary should be construed as a recommendation to buy or sell any security. The opinions expressed are the author’s, alone, and should be just one factor in more complete due diligence.