There’s never a dull week on Wall Street. Let’s go over some of the news that will shape the week to come.
The first trading day of the week kicks off with McDonald’s Corporation (NYSE:MCD) reporting quarterly results in the morning. After a decade of smooth and consistent store-level growth, monthly comps have been mixed since last October. The world’s largest restaurant operator probably hopes that pushing up its Monopoly promotion to summer instead of autumn will help drive sales in the coming weeks, but we’ll see what the Big Mac daddy is willing to share on Monday.
This hasn’t been coal’s finest hour, and Cliffs Natural Resources Inc (NYSE:CLF) investors have already seen their shares lose more than half of their value so far this year.
Things are usually quiet on Fridays, but that won’t stop Digital Realty Trust, Inc. (NYSE:DLR) from reporting.
The REIT specializing in data center properties came under attack two months ago, when Highfields Capital Management argued that Digital Realty Trust, Inc. (NYSE:DLR)’s model and its dividends aren’t sustainable. The REIT fought back, but the shares continue to trade for less than they did at the time of the bearish comments from the hedge fund.
We may get a clearer glimpse at who’s right on Friday.
The article The Fool Looks Ahead originally appeared on Fool.com and is written by Rick Munarriz.
Longtime Fool contributor Rick Munarriz owns shares of Digital Realty Trust. The Motley Fool recommends McDonald’s and owns shares of McDonald’s.
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