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U.S. Day Ahead: Zuck & Dimon try to polish tarnished cred

Monday, September 10, 2012 - 02:31

Sep 10 - Mark Zuckerberg and Jamie Dimon - two former golden boys of the business world, are looking for redemption as they make their first public appearances in several months.

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Mark Zuckerberg and Jamie Dimon -- former golden boys in the business world looking for redemption. The spotlight will shine brightly in Facebook's CEO he makes a rare public appearance of the techcrunch conference in San Francisco. Zuckerberg will take questions in his first onstage enemies in the last night -- -- company. He's likely to be quizzed about Facebook's slowing revenue -- its mobile advertising strategy and the fact some insiders are selling their stock. Don't expect an easy ride especially is FaceBook shares have lost 50% of their initial value. One top analyst told Reuters Zuckerberg have to address a ticking time bomb of sheer -- face but did file and you -- SEC recently trying to address that a little bit. But I don't think it went far enough. They they've moved some of those some of the lock ups too late October from mid November. Mid November is really in the big shoes and drop over a billion new shares and for people to really understand what that means so that's roughly twenty. Billion dollars. I'm curious about what else Zuckerberg have to stop his company's life. We can check out that bullet in his hands on on Reuters YouTube that Reuters dot com slash Reuters team. And don't forget JPMorgan boss Jamie Dimon. He makes his first public address in nearly two months of Barclays finance conference in New York. We use to try to convince investors that all is well the bank after its roughly six billion dollar trading loss. JPMorgan stock is just not recovered some lost ground when it initially announced news in May. Other big financial -- at the conference include this if those of Morgan Stanley Wells Fargo and Bank of New York -- and here's an economic indicator to pay attention to sales at McDonald's out in the morning in July the company said McCain laughed. Its worst performance in more than nine years. The world's biggest hamburger chain was hit by austerity in Europe and weakness in the US. -- after months about pacing rivals even gave -- market share. But analysts and McDonald's should make a recovery this time program. And from French Fries -- -- Texas Instruments comes out with -- mid quarter update after the close. The company's unlikely to boosted financial targets. This comes as tech uses Intel analog devices and -- all gave disappointing. Outlooks. Stay with inside for more expert analysis on the big market movers. Follow us on Twitter at Reuters Insider. I'm Fred Katayama this is --

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U.S. Day Ahead: Zuck & Dimon try to polish tarnished cred

Monday, September 10, 2012 - 02:31