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U.S. Week Ahead: A new way to defriend Facebook

Friday, May 25, 2012 - 02:52

There could be more pressure on Facebook when its options start trading Tuesday. Also watch out for tepid job numbers Friday and will Wal-Mart say ''lo siento'' to shareholders?

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FaceBook shares come under more pressure US jobs group of tepid and well wal marts say -- ciento shareholders. To FaceBook and investors who wanna go hedge their bets on the stock we'll be start buying options Tuesday. A lot of interests especially as some analysts are questioning whether FaceBook can live up to the -- Generated before its launch CEO we trader Andrew Keane says it shares could be hit. Everybody has long FaceBook they're long stocks the banks the retail customers they got in at 38 so in general I think that customers are gonna buy puts this out calls. Making the stock go lower. With signs that recovery it's. Plodding along focus will be on Friday's jobs report at 8:30 AM so far the money is on it take up to 150000. From last month's disappointing released. That would make it three months of broke below the psychologically important 200000. Level. Unemployment is set to state just above 8% but writers and editors Philip the often says that -- rise. The manufacturing -- it used it may and that could slide the job growth in the factory sector. Another risk to look out for is the unemployment rate consumer sentiment has reached a four year high. That may well attract people back into the labor force at a faster rate -- new jobs -- create it. One point 8% that's the number of -- you data ahead despite how much the US economy is set to -- on the first quarter. But revised GDP comes out Thursday at 8:30 AM that's down from the initial read though. I -- -- that is to blame the worst retail sales and a wider trade deficit and not be ignored key data to crunch during the week watch out for the S&P Case Shiller Index the ADP jobs report same store sales IS patent and vehicle sales. Wal-Mart is set to reassure investors that it's taking -- proper action after Mexican bribery allegations. When it holds its annual meeting Friday thousands of shareholders and employees will gather in Fayetteville Arkansas to here from CEO Mike Duke and other key executives. Some big pension funds -- that they will vote against the board arguing that companies -- and internal probe into the issues. Also Chevron and Exxon hold their meetings Wednesday all eyes will be on a vote on Hydro fracking. Expect more calls for the Fed to keep rates near zero and number -- speakers take to the podium we'll hear from the likes of William Dudley. Eric wrote some grant and Sandra can also the lone hot toys we'll come from Richard Fisher he's argued further easing would not help the economy. That's US week ahead follow us on Twitter at Reuters Insider. And don't forget markets are closed on Monday for Memorial Day I'm Rhonda -- this is Reuters.

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U.S. Week Ahead: A new way to defriend Facebook

Friday, May 25, 2012 - 02:52