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U.S. Day Ahead: Cisco's Chambers set to sing European blues

Tuesday, August 14, 2012 - 02:36

Aug 14 - Cisco CEO John Chambers is likely to say the European debt crisis is still holding back tech spending, according to Reuters Correspondent Nicola Leske.

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We'll Cisco bought John Chambers spook investors again we'll find out when he speaks after the tech giant reports earnings. Ghost is good shares -- hit when chambers warned chaotic situation could hurt corporate Nike -- But he also offered some optimism about acknowledging things could get better in the second half of the year Reuters correspondent nickel Alaska says despite that. Expect him to remain pretty cautious. Things in Europe have not really gotten any better. However I spent in North America seems to be stabilizing and that's good for Cisco because of the biggest player in North America so that'll bounce how -- Arab. I'm falling off analysts aren't expecting chambers remain cautious investors have pretty much as -- And Wednesday's. Talk around the water cooler is set to be dominated by where billionaire investor and fund managers. Are putting their cash in these volatile times big names ranging from Warren Buffett to bill pac man and Jorge Torres. -- report -- recent holdings by F thirteen F filings. He'll also be watch for future trends and so far there have been signs of hedge funds cutting back on energy stocks and buying agriculture and Staten. Just nine companies from the S&P 500 reporting earnings highlights include Abercrombie and thanks John Deere staples and target. Investors will be watching for any more signs of -- hopping earning estimates. So far the meltdown that was predicted it hasn't happened. Now staples will be closely watched as many investors see it as a rock for white collar employment based on demand for its office supply. That -- had your economics that to focus on is consumer price is out in the morning. Easter rising food and energy costs nearly CPI is set to come in line with last month three although there are signs renting is becoming more expensive. In any case I -- part says inflation is set to be moderate to week going forward. Not not to -- officials at the speculation. About price and getting out of control. And one man who is likely to comment on those inflation numbers in Minneapolis that president Harry -- -- coda. In the past he's instead of -- -- should stop its super easy monetary policy because of rising prices. But what McCain is not as well known as bag chair Ben Bernanke but markets will pay attention to him to see if he's fixed his guns and more changes his mind. Stay with Gregory TV and insider for more expert analysis on Cisco's results -- -- YouTube dot ready dot com slash British TV. And follow us on Twitter at Reuters Insider I'm ready mom this is writers.

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U.S. Day Ahead: Cisco's Chambers set to sing European blues

Tuesday, August 14, 2012 - 02:36