Reuters - Video

Edition: U.S. | U.K. | IN | CN | JP

Business

U.S. Day Ahead: Chesapeake results a key credibility check

Monday, April 30, 2012 - 03:14

April 30 - Chesapeake Energy could comment on a scandal engulfing its CEO Aubrey McClendon over compensation when it reports after the close.

▲ Hide Transcript

View Transcript

See how Chesapeake Energy response to his scandal engulfing its boss -- -- blended when it releases results after the close. -- according to an exclusive Reuters story. But Clinton borrowed up to one point one million dollars against his. State in thousands of company wells and that's sparked an informal inquiry by the SEC. Reuters correspondent Matt Daley says Chesapeake board has lost. Some of its credibility. They originally said they'd better and all of the dealings CEO Aubrey McClendon and they came back a week later and said they don't -- generally looked at them. -- the Clinton drives this company does the deals he says the strategy. One board member told us this is a work in progress which doesn't exactly run a lot of confidence to what the sport is doing and its oversight of the CDO. The rest of earnings will be dominated by energy reexamine media before the open we'll hear from Archer Daniels Midland -- bond marathon petroleum Office Depot. Visor serious that span Thomson Reuters after the close since the turn of rock com and CBS. Marathon is the stand out start -- says it has a high chance of beating estimates by six cents. Due to its continued dominance in the Gulf Coast. Expect automakers to keep revving up sales for April Reuters Wallace calling for around fourteen point four million units sold. On is easily adjusted annual -- slightly up from the previous month. So -- demand for cars and trucks has outstripped even the most bullish estimates. But Reuters correspondent deep as the Robbins there's a growing out of analyst and that bars port OB is good at it yet expressed. -- as a risk that higher fuel prices will dampen consumer demand for for new cars and trucks. And secondly there's the upcoming presidential election which I has -- son and us as uncertain about the kinds of economic policies so reinstated United States in years going forward. We take the pulse of manufacturing with key data on tap this includes the ISM and construction spending. I hit seven set to come at about fifty which means that sector is still growing. Can expect more fed stimulus we're gonna find out when the big guns of the Central Bank come out in force. On the Reynard Dennis Lockhart Charles Evans John Williams Jeffrey black and Charles Foster the hot could be drowned out by calls for more stimulus by the this. Basra or not could find himself stung by his Jones -- remarks. Went up powerful UK parliamentary committee releases its verdict. On the news of the world hacking scandal during last week's let some pressing Green -- -- -- -- media mogul actually throughout insult the law makers. And describes himself as a victim of a corporate copper. And Occupy Wall Street is back with promises of massive demonstrations in new York and across the country it crucial test of the movement's staying power. Which began at that hour and -- and -- lower Manhattan eighteen months ago. Protesters will try to join marches by other labor groups but critics say OWS -- loss seen lacking demands and direct it. I'm Rhonda -- this is riders.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

U.S. Day Ahead: Chesapeake results a key credibility check

Monday, April 30, 2012 - 03:14