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U.S. Day Ahead: Durable goods looking less solid

Tuesday, June 26, 2012 - 02:22

June 26 - American manufacturers could be in for a slowdown and Facebook gets rated by its underwriters.

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So the -- is pessimistic consumers are feeling the blues but what about American manufacturers. Orders for durable goods like washing machines and bridges could show gains in the morning. There are some concerns though. Manufacturing has been the strongest part of the economy for the last three years but its -- on the wane since March due to weakness in automobiles and civilian aircraft sales. A Chinese slowdown and European debt chaos aren't helping either. -- FaceBook will have a buy rating. Underwriters for the social network are set to release their first take on the company's value. Morgan Stanley led the pack and it's believed in my spend billions of dollars to support the stock price after Facebook's Martin launched. The social networking site has been slowly clawing its way back to its IPO price. A thirty dollars. Microsoft has released its surface tablet could -- -- getting into the game as well. The blogs abuzz with speculation that tech titan could showcase the tablet and it's 38 developer conference -- Francisco. Some might question such a move given ipad's ability to flash competitor. No matter what happens don't expect any announcement from the company's boss Larry Page he won't be -- due to a problem with his. I had here's something you don't hear everyday. Thing could be a bright spot. A previously owned homes could see a decent right according to IFR. There could also be an increase in sales of foreclosed properties. This comes as a key housing index shot up after a slew of data showed home prices were rising. And went home builder is set to benefit from all of that when it reports before the bell. Lennar is set to see it John in order and higher profit than a year ago. On top -- not start crying that it has high chance of beating estimates. -- picture could make the headlines then. The theme AT&T isn't worth giving and tiger weren't even -- again. He's hosting AT&T National Golf Club turning in Bethesda Maryland after a two year high end. Back in 2009 AT&T was one of many companies to drop their sponsorship of the golfing champ after word broke out of his infidelity. From our coverage be sure to follow us on Twitter at Richard insider. Also check out our YouTube channel headquarters dot com slash writers TV company mom this is raiders.

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U.S. Day Ahead: Durable goods looking less solid

Tuesday, June 26, 2012 - 02:22