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U.S. Week Ahead: Knight Capital searches for white knight

Friday, August 03, 2012 - 02:42

Aug 3 - Come Monday Knight Capital may be back to square one; looking for cash to make up for its $440 million trading glitch.

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And masters will be going into the week with Bennett -- after a better than expected jobs report sparked a rally on Wall Street. But there is one market player who will be sweating bullets. Come Monday night capital may back to square one looking for us to make up for its 440. Million dollar trading glitch. It shares staged a modest recovery after going to -- for ten days. That's on any is PE firms are combing the company's bucks for a potential acquisition or investment. When former regulator told insider at night pulled it it would mean mass market disruption. Where is correspondent anchor Ernie has been talking to some employees the farm. One -- I spoke -- later in the days it is expecting something to go down over the weekend. They could be a private equity deal it could be an outright sale it's pretty much up in the air at the moment. Bump positive sign is that TD Ameritrade -- got trade started rerouting orders through -- which is a sign of confidence is creeping back into. Soccer giant Manchester United kicks off -- road show for its controversial IPO on Monday. -- still fuming over the owners' plans to fly the team in New York after saddling the red doubles with massive stacks. A successful launch could value the cloud at 3.3 billion dollars. But only half of the proceeds will be used to pay down debt the rest goes into the pockets of the team owner is the -- basically -- your family. And apple and Samsung wage and international passenger -- Kodak hopes to bring the gavel down on 11100 of their exclusive products. -- could reap up to three billion dollars for the beleaguered company. Kodak will use the cash to continue its reorganization. And emerge from bankruptcy. Only 47 S&P 500 companies reporting earnings throughout the week. Highlights include Chesapeake Energy Walt Disney Macy's is court roughly granite Nordstrom's Kohl's and JC Penney. A clear picture is emerging -- up pretty battered corporate America earnings are roughly in line with averages. But revenue has been well below expectations. To blame the dreaded four words. Their European debt crisis. I got ahead no rest for the wicked even after good jobs report time to focus on initial jobless claims. The is -- clean this thing around 365000. According to I -- far. Still that is better than last month when claims it briefly hit 2012 high. And stay with insider and worries TV for more -- -- -- and reaction to that night capitals on. You can't catch and tighter on Twitter Edward -- -- and check out our writers YouTube channel at -- dot com slash raiders CB I'm pretty mom this -- raiders.

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U.S. Week Ahead: Knight Capital searches for white knight

Friday, August 03, 2012 - 02:42