Sat, 11/12/2010 - 23:23 by Rick Aristotle ...
The new trading week starts slowly on the earnings front, so let's turn to Monday night, when Paul McCartney takes the stage in New York's legendary Apollo.
This isn't just a concert. It's Sirius XM Radio's (Nasdaq: SIRI)fete, as the satellite-radio provider celebrates its recent crossing of the 20 million subscriber mark.
It should be an interesting event, especially now that Howard Stern has signed up for another five years at Sirius. Can we get CEO Mel Karmazin and Stern to join McCartney onstage to sing "Silly Love Songs" together?
Best Buy (NYSE: BBY) checks in on Tuesday. The consumer-electronics superstore is a good one to follow as we head into the holiday season. Let's hope the company provides a heads-up on what the hot high-def televisions, smartphones, and video-game consoles are this year.
Rentech (NYSE: RTK) has its turn on the earnings stage come Wednesday. Analysts see the clean-energy specialist posting a quarterly deficit of $0.02 a share. That's a slight improvement over the loss it posted a year earlier, but it will be the fifth consecutive quarterly loss. Rentech has missed Wall Street's targets in each of the four previous quarters, so let's not assume that Wednesday's quarterly deficit will, in fact, be a year-over-year improvement until the numbers are out.
SMART Modular (Nasdaq: SMOD), courier FedEx (NYSE: FDX), and furniture makerSteelcase (NYSE: SCS) are all slated to post their quarterly financials on Thursday. The three companies don't have much in common, but all three are projected to post markedly higher earnings than they did a year earlier.
The week closes out with Disney hoping to reboot its TRON franchise. TRON: Legacy opens at a multiplex near you. I don't know about you, but I enjoyed the video game far more than the original movie.
Let's see how this high-tech installment plays out on the big screen.
Until next week, I remain,
© 2010 UCLICK L.L.C.