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U.S. Day Ahead: Booming agriculture could fuel Deere results

Tuesday, May 15, 2012 - 02:53

May 15 - Deere's set to see a healthier bottom line, top hedge fund managers reveal their big short positions and how loud is the debate over more stimulus at the Fed?

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We bite out of nothing runs like a -- top hedge fund manager has been the other big short positions and how does the debate over more stimulus that the bed. First here is sent to see a bigger bottom line when it reports before the open the world's largest maker of our equipment is better for upturn in agriculture. Reuters correspondent -- Nadler says the entire sector is booming. Commodities prices are quite high ankle and things started 75 year high. So farmers in congress are near record levels and if any of -- you spend on new equipment. And that's really -- benefit companies like -- Other companies in the sector including ad code blue weight loss of the estimates and here is expected to have profits of about 20%. The rest of earnings continue to be dominated by every album for the open we'll hear from Abercrombie and staples and target. After the close of the turn it Limited Brands. Abercrombie is the start minds and out the storm could beat earnings estimate by nine cents -- -- strong demand according to ones operated analysts. Who hasn't -- biggest investors gather in New York for the anti virus zone conference. Hedge fund managers David Einhorn and bill -- will be there along with several other heavy hitters. Attendees look to get a best ideas from the conference last year investors learn I mart which shorting a stock of Green mountain coffee which is you can see here has. We checked in on the battle between doves and hawks went event releases it April minutes at 2 PM. Recently policy makers have been arguing whether the current round of stimulus should come to an end. So by the Central Bank is sticking to its guns that rates would rise no -- that playing fourteen. But chair Ben Bernanke said the bank could do lower if you don't plug it -- failed to keep moving lower. We could hear more from the Fed on that the JPMorgan's trading debacle when a top official testified. They had -- events -- Supervision and regulation of agent Michael Gibson. Speaks on -- right in front of a house panel at 10 AM also on the radar installation hot James Bullard he talks to separate events on monetary policy. 3 data ahead housing starts will be key in the morning I -- says they should rise to 670000. April. As high rents and drive construction. Also watch out for building permits that industrial output. Many pictures of JPMorgan boss Jamie Dimon. Particular might make. Papers on Wednesday this one is courtesy of protesters outside the -- shareholder meeting in Tampa Florida despite their presence die just got a slap on the risk. After the earlier treat to buckle according to riders breaking the that's our image of the day and follow us on Twitter Reuters Insider I'm Rhonda schaffler this writers.

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U.S. Day Ahead: Booming agriculture could fuel Deere results

Tuesday, May 15, 2012 - 02:53