For Friday, May 15 we highlight an earnings report and several key economic data to watch on Wall Street. It’s the embattled Brazilian oil company Petrobras’ (PBR) turn on the earnings front. The company is scheduled to report after the market closes. Petrobras is at the center of Brazil’s biggest corruption and multibillion dollar money laundering scandal. Over the past year, shares have plummeted more than 36%. Also on Friday, CEOs from American Airlines Group (AAL), Delta Air Lines (DAL), and United Continental (UAL) are scheduled to speak at a National Press Club meeting. On the economic calendar, we note the empire state manufacturing survey, industrial production, consumer sentiment, and the treasury international capital data. TheStreet’s Kurumi Fukushima reports in New York.
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