U.S. Week Ahead: Black Fri, Best Buy and Bernanke, oh my!
Friday, November 16, 2012 - 02:34
Nov 16 - Markets will be focusing on how well retailers will do on Black Friday, whether Best Buy has a credible turnaround and what Fed boss Ben Bernanke has to say about the recovery.
▲ Hide Transcript
▶ View Transcript
This three p.s of the week I had Black Friday best I -- Bernanke. Now investors have something else successes over the size of the plan. Retailers looking over the holidays. Think he'll start on Black Friday when a lot of stores offer door buster deals -- some companies are opening earlier on Thursday including Wal-Mart target is Iraq and GAAP. The stakes are highest retailers earn more than a third annual turnover from the -- -- it. Overall Thomson Reuters analysts are expecting healthy sales over 3% in November and -- Or not exceed that type of positive performance I. It is sad to see its profits drastically street when it reports earnings on Tuesday hasn't tried to fend off competition from online rival. Investors want it now has CEO -- Jolie plans to stop the bleeding. Recently he told analysts he hoped to triple operating margins but didn't offer any more details. He better do it quickly passed by shares down over -- and let's start the year. Another company that is in desperate need of a turnaround Hewlett-Packard. Ex boss Meg Whitman Tuesday HP's bottom line has shrunk when he comes out with results also wants his day. Shareholders want to find out how you plan to transform an HP into a company that caters for big corporate clients aren't a lot. Whitman have already warned -- -- -- flight next year which is why the shares are also doing. Tumbling over 50% and Fed Chairman Ben Bernanke is back he's talking about the economy on Tuesday in New York markets will be listening war. From Clinton and how long -- plans to keep buying bonds to bring down the cost of bar. According to reports poll it quick and 600 billion dollars on the program in the two prior round of quantitative easing that bad -- 2.3 trillion dollar. -- -- And finally we'll hear how badly deer was hit by the -- summer drought when he reports on Wednesday the world's largest maker of farm equipment and likely to slashed its forecast for next year and a lower than expected profit. That's farmers held off from buying expensive machinery as rival agnico also posted weaker results last month partly because of -- main issues. Still investors happy end here it is -- almost 8% this angry and you're you stay with insider and writers TV or more top business news don't forget stock and bond markets are closed on Thursday for Thanksgiving. They are also closed early on Friday. I'm putting on this --
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code