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.
Roche Holding (ROG_CH): Roche’s Live Conference Call on Data Presented at AAN 2020
Sanofi WW (SAN_FR): Ex Date for Annual dividend of EUR 3.150
Bayer (BAYN_DE): Pay date for Annual dividend of EUR 2.800
Eli Lilly & Co. (LLY): Shareholder Meeting
Suncor Energy Inc. (SU): End of buyback program
FedEx Corp. (FDX): Presenting at Wells Fargo Virtual Industrials Conference 2020
Anheuser-Busch InBev (ABI_BE): Ex Date for Semi-Annual dividend of EUR 1.000
Suncor Energy Inc. (SU): CONFIRMED Next Earnings Date for Q1 2020
American Express Company (AXP): Shareholder Meeting
AT&T Corp (T): Video Release date for Justice League Dark: Apokolips War
Costco Wholesale Corporation (COST): Costco Wholesale Corporation April 2020 Sales Results
Union Pacific Corp. (UNP): Presenting at Wells Fargo Virtual Industrials Conference 2020
T-Mobile US, Inc. (TMUS): CONFIRMED Next Earnings Date for Q1 2020
Costco Wholesale Corporation (COST): Same store sales report date for April UNCONFIRMED
Suncor Energy Inc. (SU): Shareholder Meeting
Netflix Inc. (NFLX): Video Release date for Becoming
Roche Holding (ROG_CH): Roche Holding AG Virtual Digital Technology and Advanced Analytics Event 2020
Electricite de France SA (EDF_FR): End of buyback program
International Business Machines Corp. (IBM): Ex Date for Quarterly dividend of $1.630
Teva Pharmaceutical Industries (TEVA_IL): CONFIRMED Next Earnings Date for Q1 2020
Wal-Mart de Mexico (WMMVY): Same store sales report date for April UNCONFIRMED
Boston Scientific Corporation (BSX): Shareholder Meeting
American Express Company (AXP): Pay date for Quarterly dividend of $0.430
Wal-Mart Stores, Inc. (WMT): Record date for Quarterly dividend of $0.540
Nippon Telegraph & Telephone (9432_JP): CONFIRMED Next Earnings Date for Q4 2019
The Walt Disney Company (DIS): Movie Release date for Legionnaire s Trail (LIMITED)
AbbVie Inc. (ABBV): Shareholder Meeting
Netflix Inc. (NFLX): Video Release date for The Wrong Missy
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