Staying on top of corporate events is critical for any investment firm. Academic research has shown that events, as well as event revisions, can affect volatility. Below are examples of how some events can influence stock price:
- Earnings dates: Studies have shown that when a company moves a date forward from the expected earnings announcement date, they tend to beat expectations, and when a company moves a date back, they tend to miss expectations.
- Conference calls: Some analysts believe moves in a stock after an earnings call are often counterintuitive to the earnings release.
- Conference presentation: Cancellations of presentations at investor conferences are often considered a negative trigger for company shares.
- Movie or material Release: Similar to other events, a delay or postponement of the release date may have a negative effect on the price of the stock and cause volatility.
Weekly Corporate Event Highlights
Staying on top of corporate events is critical for any investment firm. Here are the selected events from Wall Street Horizon impacting the most widely held securities scheduled for this week.
Azrieli Group Ltd. (AZRG_IL): Ex Date for Annual dividend of ILS 2.474
Sino Land Company Ltd. (SNLAY): Pay date for Semi-Annual dividend of $0.079
Azrieli Group Ltd. (AZRG_IL): Record date for Annual dividend of ILS 2.474
Bayer (BAYN_DE): CONFIRMED Next Earnings Date for Q1 2020
Honeywell International Inc. (HON): Shareholder Meeting
Petroleo Brasileiro S.A. Petrobras (PETR3_BR): Shareholder Meeting
China Construction Bank Corp. (0939_CN): Board of Directors Meeting
Salesforce.com, Inc. (CRM): Presenting at PRGXchange Europe 2020
Starbucks Corporation (SBUX): Same store sales report date for Q2 2020 CONFIRMED
Bayer (BAYN_DE): Shareholder Meeting
Comcast Corporation (CMCSA): Video Release date for The Assistant
BOC Hong Kong (Holdings) Ltd. (BHKLY): Board of Directors Meeting
Safran SA (SAF_FR): Safran SA 2020 Q1 Revenue
Bayer (BAYN_DE): Ex Date for Annual dividend of EUR 2.800
Tesla, Inc. (TSLA): CONFIRMED Next Earnings Date for Q1 2020
Anheuser-Busch InBev (ABI_BE): Shareholder Meeting
Netflix Inc. (NFLX): Video Release date for A Secret Love
Hindustan Unilever Ltd. (500696_IN): Board of Directors Meeting
Intertek Group (IKTSY): Presenting at intertek LIVEXPO: Port Arthur 2020
Costco Wholesale Corporation (COST): Ex Date for Quarterly dividend of $0.700
Visa Inc. (V): CONFIRMED Next Earnings Date for Q2 2020
McDonald’s Corporation (MCD): Same store sales report date for Q1 2020 CONFIRMED
AXA SA (AXAHY): Shareholder Meeting
Citigroup Inc (C): Ex Date for Quarterly dividend of $0.510
Costco Wholesale Corporation (COST): Record date for Quarterly dividend of $0.700
Reliance Industries Ltd (500325_IN): UNCONFIRMED Next Earnings Date for Q4 2020
AbbVie Inc. (ABBV): CONFIRMED Next Earnings Date for Q1 2020
HCA Healthcare, Inc. (HCA): Shareholder Meeting
Netflix Inc. (NFLX): Video Release date for All Day and a Night
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