U.S. Day Ahead: Retail sales look healthy for the holidays
Wednesday, December 12, 2012 - 02:17
Dec 12 - Retail sales out Thursday morning could show consumers are still out in force during the holiday season, according to Thomson Reuters Analyst Jharonne Martis.
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The markets -- and Bernie GPS and 500 is on the sixteen winning streak as a friend doubles down on stimulants. That momentum continue with retail sales in the morning our experts I have our estimates sales should rise by seven tenths of a percent in November. That's above average forecast of most economists and turn around from last month's straw. Partly due to a surge of people buying cars and trucks replacing vehicles damaged by -- -- -- -- kind of consumer demand staying strong in the key holiday season. We already heard from Reuters and suggesting that most shoppers have not completed our economy -- -- What's more and just thing is that analysts are becoming bullish and I -- in December same store sales estimates stronger than last year's result. One group that really stands out are the discounters -- -- taken the lead. But one person who would let's just keep that level of enthusiasm is Tesla Abbas Elon Musk. His latest -- solar city was meant to trade on the NASDAQ on Wednesday but that's now been delayed until Thursday. This after investors sent the solar panel installer is one billion dollar valuation was too rich. Yeah you prices drop and started looks like -- now be worth just 585. Million dollars. As our breaking news teams as underwriters have come down closer to earth. On earnings are older and wanted to know whether Adobe's new business model is seeing six that's when it reports after the close. The maker of Photoshop meet its latest creative cloud products subscription based. Controversial move an analyst said he could hurt Adobe and a short rant but the company recently that it's been picking up subscribers faster than expected. -- -- -- It's stocks soaring to its highest level since last may. Hot on the heels of 3 am cautious outlook will hear from another Dow components of the united tech. Investors will be looking for what -- -- -- -- says about next year are forecasting a 15% rise in profit which has reassured markets. He acts up 8% since the start. Here. An injured follow us on Twitter at Reuters Insider and check our interview with top market movers and congress TV and I'm -- -- this is three years.
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