The Week Ahead: Tax Day, Fed Beige Book, KC hotel hearing

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

Top picks

• Tuesday is Tax Day, the biggest event on H&R Block’s calendar. This tax season was the first for the Kansas City-based tax services company to partner with IBM’s Watson on tax preparation, and CEO Bill Cobb spoke positively of the arrangement in a recent interview. “I don’t worry about that, per se,” Cobb said of the threat of automation, “because I do think that the best outcome you can find is when you have man and machine working together.”

• Tax Day means a smorgasbord of promotions from retailers, restaurants and other businesses. They range from discounts on paper shredding at Staples and Office Depot, to deals on meals at Noodles & Company.

• Also Tuesday, the Missouri Development Finance Board is scheduled to hold its monthly meeting in Jefferson City.

• The Federal Reserve Bank will release its latest Beige Book report on Wednesday, providing an anecdotal look at recent economic conditions in each of the central bank’s 12 districts.

• A proposed downtown convention hotel is scheduled to go before the full Kansas City Council on Thursday for final regulatory approval. The $311 million, 800-room Hyatt Regency Hotel has been in the works for years.

• Companies of local interest scheduled to report quarterly results include TD Ameritrade Holdings, which agreed to acquire St. Louis-based Scottrade in October and will report results on Wednesday. Kansas City Southern is scheduled to provide its quarterly update on Friday.

Day planner

Monday

Housing Market Index released; earnings expected from Netflix

Tuesday

Housing starts reported; Kansas City Fed President Esther George speaks; earnings expected from Bank of America, Charles Schwab, Goldman Sachs, Harley-Davidson, Johnson & Johnson, Kinder Morgan, McClatchy, Omnicom Group, UnitedHealth Group and Yahoo

Wednesday

Fed Beige Book released; earnings expected from American Express, BlackRock, eBay, Morgan Stanley, Qualcomm, TD Ameritrade and U.S. Bancorp

Thursday

Earnings expected from Blackstone Group, E*TRADE Financial, Mattel, Sherwin-Williams, Verizon and Visa

Friday

Existing home sales reported; earnings expected from General Electric, Honeywell International, Kansas City Southern, Morningstar and Rockwell Collins


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