Reuters - Video

Edition: US | UK | IN | CN | JP

Finance Videos

U.S. Week Ahead: China fears haunt corporate America

Friday, September 21, 2012 - 02:47

Sep 21 - Pay attention to Caterpillar's outlook and Nike results for clues about how much the Chinese economic slowdown might costs U.S. companies.

▲ Hide Transcript

View Transcript

From fort laughs Q but where more clues about how much the tiny slowdown is costing corporate America. Pay attention to what caterpillar as an outlook on -- -- and to what Nike reports in its earnings Thursday. Expected to forecast higher profit sport when he thirteenth but will be cautious on China the company having a tough time selling bulldozers there. And it now exporting machines to Africa and the middle the -- he has also suffered. Orders from their last quarter only rose by 5% in greater China down significantly from last year. Investors that maybe and for a bumpy ride and. We've received more negative guidance several companies are very concerned what the slowdown in China's economy. One example of the equipment maker Molex incorporated. Which recently sad that they expect labor costs and China to increase by fifteen to 20%. Which is very concerning especially since this will continue to eat up profits into the third quarter. We'll find out if America's top -- are ready to hire again when the business roundtable CEOs survey comes out on Wednesday and confidence soured and less than half of bosses from key companies plan to add jobs. Or boost spending in the next six months also the top concern with the European debt crisis. Will see if that has changed at all given new attempts to tackle the problem in the heroes out. That -- had there could be more signs of recovery and housing. I apart said new home sales out on Wednesday should -- slightly ironically our record low availability of homes on the market is restraining sales. I -- part that the sector needs to see more construction. Also be sure to find out what -- are sad about housing on Monday when it reports results. It beat estimates last quarter as the home builder was able to charge higher prices to buyers looking to take advantage. A record low interest rates. Well the iPhone 5 fever sweeps the world Research in Motion is still at death. The door. We'll take the pulse of the Blackberry maker when it reports third -- it expects to see another loss at its market share evaporate into the -- that's an apple and android -- investors will wanna hear about how rim can turn itself around options include partnerships. -- maybe even an outright sale. David British TV an insider for a more analysis on the big market mover and interviews with top newsmakers. Talk to Cisco -- John Chambers on Tuesday about his outlook for the economy. His views on IT spending and how he has slashed costs at the tech titan. I'm -- mom this has writers.

Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code

U.S. Week Ahead: China fears haunt corporate America

Friday, September 21, 2012 - 02:47