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.
No-Cost Coronavirus Corporate Event Impact Report
With the recent extreme volatility in the market, it is even more important to arm yourself with accurate corporate event data when creating trading and risk strategies. As a public service, we are offering the Wall Street Horizon Coronavirus Corporate Event Impact Report: sign up here at no cost to you. The report details conference delays/cancellations, dividend suspensions, SEC filing due dates, and confirmed earnings date revisions – key impact data affecting equities and market sectors.
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.
Intuit Inc. (INTU): Pay date for Quarterly dividend of $0.530
Caterpillar Inc (CAT): Record date for Quarterly dividend of $1.030
HDFC Bank Limited (500180_IN): UNCONFIRMED Next Earnings Date for Q1 2021
International Business Machines Corp. (IBM): CONFIRMED Next Earnings Date for Q2 2020
Hindustan Unilever Ltd. (500696_IN): Board of Directors Meeting
BHP Group Limited WW (BHP_AU): BHP Operational Review for the year ended 30 June 2020
Lowe’s Companies Inc. (LOW): Ex Date for Quarterly dividend of $0.550
Hindustan Unilever Ltd. (500696_IN): CONFIRMED Next Earnings Date for Q2 2020
Biogen Inc (BIIB): Bioprocessing Summit Europe 2020
Netflix Inc. (NFLX): Video Release date for Jack Whitehall: I’m Only Joking
Petroleo Brasileiro S.A. Petrobras (PETR3_BR): Shareholder Meeting
Biogen Inc (BIIB): CONFIRMED Next Earnings Date for Q2 2020
Lowe’s Companies Inc. (LOW): Record date for Quarterly dividend of $0.550
Reliance Industries Ltd (500325_IN): Pay date for Annual dividend of INR 6.500
CVS Health Corp (CVS): Ex Date for Quarterly dividend of $0.500
Hindustan Unilever Ltd. (500696_IN): Hindustan Unilever Ltd. call update on GSK CH Merger
Comcast Corporation (CMCSA): Presenting at The Future of Business 2020 Virtual Conference
Procter & Gamble Company (PG): Ex Date for Quarterly dividend of $0.791
CVS Health Corp (CVS): Record date for Quarterly dividend of $0.500
Christian Dior SE (CDI_FR): UNCONFIRMED Next Earnings Date for H1 2020
Daimler AG (DAI_DE): CONFIRMED Next Earnings Date for Q2 2020
Goldman Sachs Group Inc. (GS): IPO Edge Summer Special Purpose Acquisition Companies (SPAC) Forum Webcast 2020
Reliance Industries Ltd (500325_IN): Board of Directors Meeting
Royal Bank of Canada (RY): Ex Date for Quarterly dividend of CAD 1.080
AXA SA (AXAHY): Pay date for Annual dividend of $0.826
Reliance Industries Ltd (500325_IN): CONFIRMED Next Earnings Date for Q1 2021
Amazon.com, Inc. (AMZN): Video Release date for Radioactive
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