The Labor Day weekend sets the stage for a quiet week of events and earnings in the tech sector. National Semiconductor and Qwest are set to report their quarterly results in the coming week, with mixed expectations.
Events scheduled this coming week:
Monday, Sept. 1
- Out of this world. Wireless executives and industry players will discuss how to enhance the Wi-Fi experience and how to use Windows Server 2003 to secure wireless LANs at the 802.11 Planet Conference & Expo, Sept. 1-2, Tokyo, Japan.
Wednesday, Sept. 3
- Talking chips. Silicon modeling and simulation issues will be covered at the 2003 International Conference on Simulation of Semiconductor Processes and Devices, Sept. 3-5, Cambridge, Mass.
Thursday, Sept. 4
- Signs of intelligence. Classical measurements and computing with perceptions will be covered at the 2003 IEEE International Symposium on Intelligent Signal Processing, Sept. 4-6, Budapest, Hungary.
- Qwest Communications is a telecommunications company. It is expected to report a second-quarter loss of 8 cents a share.
- National Semiconductor makes chips. It is expected to report a first-quarter profit of 12 cents a share.
- Auto and Truck Sales is the total of domestically produced vehicles sold. August auto sales are expected to remain flat at 5.8 million, compared with the previous month. Truck sales are expected to fall to 7.8 million from 8.1 million the previous month.
- Factory Orders is the total of durable and nondurable goods orders. July growth is expected to fall to 0.8 percent, compared with 1.5 percent growth the previous month.
- Initial Claims is the weekly total of new claims filed for unemployment compensation. The total is expected to rise to 395,000 for the week ended Aug. 30, from 394,000 the previous week.
- Unemployment Rate is the percentage of American workers looking for jobs. The August rate is expected to remain flat at 6.2 percent, compared with the previous month.