The Week Ahead: KC Coworking Week, USDA estimates, small business index

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

Monday

Kansas City Coworking Week kicks off. The event, hosted by the Kansas City Coworking Alliance, will include opportunities for free coworking at participating facilities around the city.

Companies set to report financial results include Allergan, News Corp. and Tyson Foods.

Tuesday

The National Federation of Independent Businesses will release its Small Business Optimism Index for July. The consensus forecast calls for the index to remain unchanged from June at 94.5, Bloomberg reports. The June reading, according to the NFIB’s chief economist, was a sign that “small businesses are in maintenance mode experiencing little growth.”

Epiq Systems, the Kansas City-based legal software and technology company, is scheduled to release earnings. It will the be the first quarterly report and conference call for Epiq since the company agreed to a $1 billion takeover offer in July.

The deadline for the Missouri Secretary of State’s Office to approve ballot initiatives for the November ballot is 5 p.m. Two proposed constitutional amendments, a voter ID measure and a sales tax for soil and water conservation, are on the ballot already.

Other companies set to report financial results include Charter Communications, Eastman Kodak, SolarCity and Walt Disney.

Wednesday

The Treasury Department will publish its Monthly Treasury Statement, providing a summary of the federal government’s financial activities. Investors watch the statement to get a better sense of looming fluctuations in bond prices.

Companies set to report financial results include Michael Kors, Ralph Lauren and Sun Life Financial.

Thursday

It’s the start of a busy couple of days for department store earnings. Retailers Dillard’s, Kohls, Macy’s and Nordstrom are scheduled to report results on Thursday, and J. C. Penney will follow with quarterly financials on Friday.

Other companies set to report financial results include Acer, Alibaba, LG and Planet Fitness.

Friday

Retail sales for the month of July will be released. Excluding autos and gasoline, the figure is expected to increase a solid 0.3 percent, Bloomberg reports.

The U.S. Department of Agriculture will publish its first World Agriculture Supply and Demand Estimates Report of the year, offering a projection of crop performance for 2016. Investors have turned bearish on grains recently as heavy rainfall has given rise to expectations of expanded supply and lower prices.

Saturday

It’s the first weekend of the Missouri State Fair. The annual summer event opens on Thursday and runs through Aug. 21 in Sedalia.


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