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U.S. Week Ahead: Groupon's Pinocchio moment

Friday, August 10, 2012 - 02:16

Aug 10 - Groupon boss Andrew Mason has to open the books on the company's online retail unit, Groupon Goods, when it reports earnings on Monday.

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When her reports earnings on Monday CEO Andrew Mason gets another shot at convincing investors the companies -- stock worth. Shares of the online daily deals site have plummeted 70% since that went public in November. Confidence in Groupon has been shaken after here accounting problems. Rumors breaking news columnist rob -- as analysts will focus specifically on coupon good its online retail unit. Last quarter group runs results were surprisingly good however about a month ago analysts came out question where they daily deals company -- been economical with the truth. How describe results from this group on goods division the question is what are margins like its position. -- doesn't right now so all eyes are gonna be honest in the coming quarter. 90% of the S&P 500 has reported earnings and a majority of companies are disappointing on revenue. That's happened three times over the last ten years. With more results this week that trend likely continue. Highlights Hinckley asked a lot her home Depot's backs staples target GAAP and Wal-Mart. The diverse group of retailers will act as a -- into the psychology of American consumers. And sticking with shopping watch out for retail sales on Tuesday I have -- as they -- their first gains in four months. Thanks to growth in gas stations and chain store sales. There could be some weakness in the auto -- though so lets people are spending more back. Don't get excited -- it's still looking pretty -- Talking head is not other than Minneapolis fed president. Arianna puts -- Lakota. Not be a household name but markets will watch and Thursday and Friday for any clues. As to when Ben Bernanke might start pumping more cash into the economy. Go to Lakota and could make nominees this in the past he's argued that has to stop its super easy monetary policy because of rising inflation. He will be whether he sticks to his guns. Given -- tepid recovery. And stay with -- TV and insider for more expert analysis on -- results. Check our workers YouTube that -- dot com slash -- TV benefits we follow us on Twitter. Add Reuters Insider. I'm -- mom and this is writers.

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U.S. Week Ahead: Groupon's Pinocchio moment

Friday, August 10, 2012 - 02:16