Sunday, July 14, 2013

The Fool Looks Ahead

There's never a dull week on Wall Street. Let's go over some of the news that will shape the week to come.

Monday
The first trading day of the week kicks off with Buffalo Wild Wings (NASDAQ: BWLD  ) getting deeper into the craft-brew game. Game Changer Ale -- a new pale ale by Redhook Brewery -- will make its debut at more than 925 Buffalo Wild Wings restaurants on Monday.

Redhook reserves the right to introduce the new beer through other locations, but the initial push of the sports-named ale will be exclusively through the fast-growing chain of family-friendly sports bars.

Tuesday
InvenSense (NYSE: INVN  ) steps up on Tuesday with fresh financials. The company was carving a cozy niche making motion sensors for video-game controllers, but demand for its technology exploded as smartphones and tablets began incorporating its micro-electro-mechanical system gyroscopes to respond to movements.

The company's growth is moving, too. Analysts see revenue and earnings per share climbing 39% and 33%, respectively, on Tuesday.

Wednesday
If making the guts that fuel consumer electronics seems like a hot place to be, don't assume that InvenSense's current success is the norm. Intel (NASDAQ: INTC  ) reports a day later, and Wall Street's bracing for year-over-year declines in revenue and profitability.

It isn't easy making a living as PC shipments have fallen for five consecutive quarters, but Intel's been trying to step up its game in the markets that are growing.

Thursday
It's fitting that Advanced Micro Devices (NYSE: AMD  ) follows a day after Intel. It always seems as if AMD isn't too far away from Intel. AMD won't be any prettier when it reports quarterly results on Thursday, but it's starting to build up a cheering section. At least three analysts either boosted their ratings or issued bullish notes on the tech company this past week, sending the shares 12% higher on Thursday.

Friday
Things are usually quiet on Fridays, but that won't stop First Niagara Financial Group (NASDAQ: FNFG  ) from reporting. The parent company of First Niagra Bank -- a community banker with 430 branches and $37 billion in assets -- is expect to post marginal improvement on the top and bottom lines.

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