Morning News Call - Canada, September 24
BB•Canada’s July retail sales were expected to fall 0.8%, while retail sales excluding autos were expected to decline 0.5%. BlackBerry was expected to report second-quarter earnings of 4 cents per share on September 24.
1. Economic expectations
July retail sales were expected to decrease 0.8%, compared with a 0.6% increase in the prior period. Retail sales excluding autos were expected to fall 0.5%, after a prior 0.5% increase. Average weekly earnings were up 3.40% year over year in July.
2. BlackBerry results
BlackBerry was expected to report second-quarter earnings of 4 cents per share on September 24 and hold its Q2 earnings conference call.
