The Week Ahead: Tax Day, DST earnings, existing home sales

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

Monday

After a three-day delay, Tax Day cometh. Businesses ranging from hotels to restaurants are offering Tax Day deals to celebrate the end of the annual filing period, Bloomberg reports.

The Missouri Small Business Regulatory Fairness Board is scheduled to meet in Jefferson City.

Tuesday

Kansas City Southern, the Kansas City-based parent company of Kansas City Southern Railway, is scheduled to report quarterly earnings and hold its conference call before markets open.

Yahoo is scheduled to report earnings for the first quarter of 2016. The report comes as the struggling internet giant considers selling all or part of the company, a decision it also mulled in 2008 and 2011, Bloomberg reports. Google’s parent company, Alphabet, which has been reported to have interest in buying pieces of Yahoo, reports its quarterly earnings on Thursday.

Wednesday

The National Association of Realtors is set to report existing home sales for the month of March. The figure is expected to jump 3.7 percent, Bloomberg reports, after tumbling 7.1 percent in February.

McClatchy, the Sacramento-based parent company of the Kansas City Star, plans to report quarterly results and hold a conference call. The Star last month laid off five newsroom employees and had five others take buyouts.

The Energy Information Administration will deliver its weekly Petroleum Status Report.

Thursday

The Regional Translational Medicine Meeting opens in Kansas City. The event, now in its fourth year, aims to stimulate collaboration across the region in the translational medicine field. Organizers include the Kansas City Area Life Sciences Institute, Saint Luke’s Hospital and the University of Missouri-Kansas City.

DST Systems will report quarterly results. The Kansas City-based data processing and management company has been shopping its customer communications division, which accounts for about 30 percent of its employees and revenue, according to a Bloomberg report.

Other companies expected to report earnings include General Motors, Alphabet (the parent company of Google), Microsoft, Southwest Airlines and Starbucks.

Friday

The PMI Manufacturing Index Flash is set to be released. The index, which captures variables including output, new orders, employment and prices across manufacturing sectors, is expected to show improvement for the month, Bloomberg reports.

Companies scheduled to report quarterly earnings include Caterpillar, General Electric and McDonald’s.

Sunday

West Bottoms Heritage Week begins. The week features a variety of events in Kansas City’s historic — and recently resurgent — West Bottoms district.


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