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Chinese solar panel maker ReneSola is expected to report a smaller second-quarter loss, helped
by a rise in shipments and selling prices. Investors will be looking for comments on the
company's business in the United States.
National Federation of Independent Business is expected to issue its Small Business Optimism
Index for July. (0730/1130) The U.S. Treasury Department is expected to issue a monthly budget
report for July. (1400/1800) Redbook Research is scheduled to release its weekly Johnson Redbook
Latin America's largest carrier, LATAM Airlines Group, is scheduled to release its
second-quarter results. Since the company was formed in 2012 in a tie-up between Chile's LAN and
Brazil's TAM, it has struggled to take off, held back by the economic slowdown, currency
headwinds and restructuring costs. Last month, the company cut its margin guidance and earnings
have repeatedly disappointed. However, airlines are now running fuller planes on Brazilian
routes and most analysts remain positive on LATAM Airlines' long-term prospects.
Communication testing and networking equipment maker JDS Uniphase is likely to report
fourth-quarter results below analysts' estimates, according to StarMine data. The company had
warned of a weak quarter, citing a delay in orders from its telecom service provider customers.
Rivals Juniper Networks and Riverbed Technology, which reported their quarterly results last
month, also cited similar reasons.
(All analysts' estimates are according to Thomson Reuters I/B/E/S/)
(Compiled by Nandi Kaul in Bangalore; Edited by Kirti Pandey)