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U.S. Day Ahead: Pentagon updates on $46B cuts

Monday, March 11, 2013 - 02:31

Mar 11 - Investors want more clues about which programs could be slashed when Pentagon officials speak at a defense industry conference.

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Find out how badly sequestration may hit the defense industry went pentagon officials begin easy. Investors want more clues about this program could be slashed and the 46 billion dollars -- -- upcoming cuts. Lockheed Martin recently at any funding delays could increase costs and threaten its suppliers. And warned -- in the actor would come under pressure but -- from one government contractor told insider he was optimistic. Solution would be. I have some things printed the the political process and -- -- we -- to. Mainly to some resolution to keep the point here DOD budget hearings and I think everyone. From all points of the political persuasion. Really believe we -- Cost investors wanna hear how it has defied a tough quarter for retailers when it reports earnings. Are set to grow from a year ago despite rising gas prices and tax hikes. The average consumer the wholesale retailers that its sales jumped by better than expected 6% in February. And analysts from healthy advisory group that it's a good defensive stocked with an ability to grow especially outside the west. Costco shares had jumped over 4% at the start of the year when. Hear from cost those big rival Wal-Mart when in CFO Charles Ali speak at a conference. Three Teledyne recently reported better than expected profits and raise its dividend by 18%. Pay attention to holly that's about wal mart's future financing -- -- forecast first quarter earnings -- be between one dollar and eleven cents to one dollar and sixteen cent this year with hot sales. Wal-Mart shares are up 7%. Since the start of the year. Come Tuesday New Yorkers we'll wait to find it still guzzle your favorite large -- A judge overturned the city's ban on the sale of sugary drinks and -- bigger than sixteen ounces and indeed that it was happened. He deregulation quote arbitrary and -- New York mayor Michael Bloomberg had touted advantage as a way to reduce -- him. We'll follow us on Twitter and Reuters Insider in getting more of our great video that Reuters dot com operators TV. It's concerned that bad meat on the brakes on stimulus will talk to talk analysts about the future of the bond industry. The treasury bubble popped on. I'm -- mom and it is right.

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U.S. Day Ahead: Pentagon updates on $46B cuts

Monday, March 11, 2013 - 02:31