A look at some of the key business events and economic indicators upcoming this week:
Losing its magic?
Disney is expected to have slumped to a loss in its fiscal third quarter. Analysts forecast the Magic Kingdom operator and owner of the ABC and ESPN networks lost 61 cents a share in the April to June period, when the viral pandemic kept many of its businesses shut and tourists at home. Disney reports quarterly results on Tuesday.
Analysts forecast that CVS Health's profit grew slightly in the second quarter. CVS operates one of the nation's largest pharmacy chains, and has benefited from a rush to fill medicine cabinets and pantries during pandemic-enforced shutdowns. Wall Street predicts it earned $1.91 a share last quarter, up from $1.89 a year earlier. CVS reports results on Wednesday