This Week’s Datebook
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Here are the upcoming major business and economic events.
Monday:
* Commerce Department reports on personal income and spending and construction spending for December.
* Treasury bill auction.
* Institute for Supply Management releases its manufacturing report for January.
* President Bush presents his budget proposal for fiscal 2005 to Congress.
* Testimony is expected to resume in the trial of Martha Stewart, accused of lying to investigators during an investigation into her sale of Imclone Systems Inc. stock.
* Gannett Co., Humana Inc., International Paper Co. and Pitney Bowes Inc. are among those reporting quarterly results.
Tuesday:
* House and Senate Budget, House Ways and Means and Senate Finance committees hold hearings on president’s budget.
* Senate Banking Committee holds hearing on mutual fund scandal.
* Automakers report sales for January.
* Avon Products Inc., Cisco Systems Inc., Colgate-Palmolive Co., Georgia-Pacific Corp., HCA Inc. , Mattel Inc., Sprint PCS Group, Tyco International Ltd. and Whirlpool Corp. are among those reporting quarterly results.
Wednesday:
* House Energy and Commerce Committee holds hearings on telecom industry competition.
* House Financial Services Committee holds hearings on role of attorneys in corporate governance.
* Commerce Department reports on factory orders for December.
* Allstate Corp., Anheuser-Busch Cos., DaimlerChrysler, Northrop Grumman Corp. and Pixar Animation Studios are among those reporting quarterly results.
Thursday:
* Labor Department reports on productivity and costs and weekly jobless claims.
* Freddie Mac reports on mortgage rates.
* Retailers report sales for January.
* Adolph Coors Co., PepsiCo Inc. and Royal Dutch/Shell Group are among those reporting quarterly results.
Friday:
* Labor Department reports on employment for January.
* Federal Reserve reports on consumer credit for December.
* Top finance officials of the world’s seven richest industrial nations open a two-day meeting in Boca Raton, Fla.
* Cigna Corp. reports quarterly results.
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