U.S. Day Ahead: Fed's Bernanke likely to rev up bond buying
Tuesday, December 11, 2012 - 02:47
Dec 11 - The Fed could more than double the amount it spends on debt purchases to $85 bln a month when it comes out with its policy decision on Wednesday.
▲ Hide Transcript
▶ View Transcript
Apple -- again and the SN BI -- recoveries from election sell off. Just yet when it's all about how my cat is fed chair and party is willing to print. To keep the economy and to me. That could more than doubled from forty billion dollars a month to 85 billion. That's because the Federal Reserve looks like it will increase its bond purchases as a -- -- Operation Twist a stimulus program designed to keep borrowing costs low. Know for -- around noon with the latest policy decision after that Bernanke holds a news conference. At its current rate of spending that's built it I trillion dollars and two years' time that's about twice the size of Brazil's economy. There's one brand that resonates with consumers whether it's mobile's phones records. Or airlines is the virgin brands. And so on its -- it has become one of the most recognized brands in the world. Delta is an iconic brand in the US and around the world so when you combine those two strong brands together. From a marketing perspective. We're both stronger together that we are by ourselves. And that comment from the delta -- Richard Anderson setting the tone for the company's investor day in the morning with airline paid 360 million dollars for all -- how the Virgin Atlantic. Shareholders will be demanding hard numbers on where delta wants to take to deal. And hopes to accomplish besides getting access to London Heathrow. So for investors like what they hear out of stock picking up over 5% at the end of it. Another company you expect investors to ask three out of new bot -- -- -- what he wants to sell to maintain this company's strengths. You recently said he would weak parts of the business and acquisitions to hit growth target. Elaine wants to increase earnings by about 10% a year until 2017. -- seem to have -- an antidote to -- stock up 12% since the beginning of the year. And -- pulse of how well retail is doing in the holiday season costs -- result out for the well. The largest warehouse chain has already given a bullish signal in November it said first quarter sales rose 10% to over 23 billion dollars. Costco also said it would pay special dividend of seven dollars per share in mid December and the jobs that tax is writing next year. Oscar shares up 50%. The start of the year. They should follow us on Twitter at Reuters Insider and catch our interviews with top market movers on Reuters TV. When reporters blogger Felix salmon explain what's really at stake in the fiscal -- debate. Kate and some help from -- and not Superman and Clifford the big red dog. I'm putting this.
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code