The Week Ahead: King Day events, State of the State address, KC Restaurant Week

Here’s a look at some of the stories Missouri Business Alert is tracking this week:

Monday

Events across the state are planned to celebrate and commemorate Martin Luther King, Jr. Highlights include a day of song and service organized by the American Jazz Museum in Kansas City and speeches and a march in downtown St. Louis followed by an interfaith service at the Washington Tabernacle Baptist Church.

Tuesday

Kansas City Restaurant Week continues at eateries around the metro area. The annual event, which began on Friday and runs through Sunday, features specially priced multi-course meals at participating restaurants.

Wednesday

Gov. Jay Nixon will discuss his economic and legislative priorities during his final State of the State address in office. Nixon also is expected to present his recommended budget for Fiscal Year 2017 to the General assembly on Wednesday.

Kansas City-based Commerce Bancshares Inc. is scheduled to report quarterly earnings. The average earnings-per-share estimate of nine analysts polled is 64 cents, Yahoo reports. That would be an increase over the EPS of 59 cents that Commerce posted in the same quarter last year.

Thursday

The Energy Information Administration will deliver its Petroleum Status Report, a weekly update on petroleum inventories in the U.S. Oil producers, investors and others will continue to keep a close eye on key indicators like this following a week in which global oil prices hovered around their lowest point in more than a decade.

Friday

Kansas City Southern is set to release quarterly results. The average estimate of 22 analysts polled calls for EPS of $1.10, which would mark a dip from EPS of $1.27 in the same quarter last year, Yahoo reports.

Saturday

Party Arty, a fundraising gala for Kansas City’s Nelson Atkins Museum of Art, returns for another year. This year’s theme for the event, which targets the city’s young professionals, is “coloring outside the lines.”


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