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U.S. Day Ahead: JPMorgan's shareholders to judge CEO pay

Monday, May 14, 2012 - 02:48

May 14 - JPMorgan CEO Jamie Dimon faces three key trials when he appears before shareholders Tuesday morning, according to Reuters Breakingsviews Columnist Antony Currie.

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I had got an autopsy that trouble at JC Penney's sales strategy and -- retail is losing steam. Let's start with JPMorgan. As the fallout from -- shocking multibillion dollar losses continues to get worse. Box Jay -- faces -- wrapped -- shareholders at 10:30 AM in Tampa Florida. He had set script to read from. But he's known to break away from that and not pull any punches -- breaking news columnist Antony Currie says dot faces some significant hurdles. Thus we got the vote full spitting the tennis heroes are normally goes through in -- -- -- to keep it. Second one that we got is a say -- pay. Which rules affect time as well as other executives and thirdly investors and stand up and make whatever Collins they liked it enough questions they can -- -- praise him. It earnings we take the pulse of retail. Are Abercrombie and poppy target staples TJX. Saxon Casey at eight. The department stores that stand out but for all the wrong reasons JC Penney's that -- its sales dropped by over 12%. The worst performer in -- group to blame unpopular inventory. Macy's is set to steal some of its market share. You got a heads the focus will be on retail sales out -- 8:30 AM I have bars as expected modest gain of only two cents in the present -- April. Set to lose the momentum from trees -- months of gains also watch out for a CPI real earnings said business inventory. Fresh from his trip. Shot -- Treasury Secretary Geithner will outline his solutions. To balancing the US has bugs. Right there is one of the headliners at the Peter G Peterson foundation fiscal summit in DC. He recently said the government faces some major test with big tax and budget decisions on the horizon. He may also get questions on what Trent. He knows about the JPMorgan trading debacle. And getting key housing update from fed governor Elizabeth -- at 9:30 AM. Back in February she said the market was still a huge drag on the economy. And call congress and regulators to take more action to bolster the sector. I don't corporate logo might make its way into Tuesday's papers. The NYSE Euronext didn't get -- it lauded as -- attempted merger reports of hours of failed but it did get different -- The company says the new Green and blue color -- reflects quote. Growth and optimism. Perhaps both are needed at the exchange which -- earnings and revenue fall in the first quarter. That's our image of the day follow us on Twitter at Reuters Insider -- -- out -- this is writers.

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U.S. Day Ahead: JPMorgan's shareholders to judge CEO pay

Monday, May 14, 2012 - 02:48