U.S. Day Ahead: You ready for another grim earnings season?
Monday, January 07, 2013 - 02:40
Jan 7 - Profits are set to be the second worst in three years according to the latest Thomson Reuters data. But pay special attention to what corporate America says about revenue!
▲ Hide Transcript
▶ View Transcript
Cautions investors and Wall Street off my career high one -- it's the start of the earning season and boy do scenes look grand. After the euphoria dealing with a fiscal -- it's back to business fundamentals. Tuesday we'll hear from Coca-Cola Apollo Group and Monsanto. Profits are -- speed the second worst in three years according to the latest Thomson Reuters data. Tensions are revenues though it isn't only sexy girl I am neither one point 9%. But it actually shrinks like it did last quarter that would sound an alarm bells that would mean any profits would probably come through severe heading. As opposed to genuine grass. Think and Jewelers will tell investors how did it over the holiday is their biggest shopping season of the year. Investors will hone in on store sales from its subsidiary Kay Jewelers. The -- caters to moderate income customers and -- more than how the company's top line. -- could have been hit by this Goldman -- -- don't forget consumer confidence tumbled to a four month low in December. Liberty Media shareholders will get an update from boss Greg Maffei about the company's outlook investors will focus on three key aspects. First stop what -- as about the direction of series -- after regulators approved a takeover. That man who replaced Irving is off the former chairman of liberties music and -- subsidiary lightning and and how stars will look at an independent company when it is spun off. In the first quarter. Markets like what they have seen liberty shares are up over 50% since the start of last year. Your big economic that's focused on is consumer credit out in the afternoon I have -- experts say it should climb to sixteen billion dollars. Current demand for auto loan that's people place they're -- damaged vehicles in the northeast. But if you look deeper look at revolving credit like -- It's Imus planning their wives have a -- began right now looks like it will rise to one billion dollars or I just 110 of a percent. Slow down from October's growth of one point -- Did you us on Twitter writer is insider and catch our interviews with market movers on Reuters TV. Not wearing not to put your money in 2013. We speak to one analyst about what -- these are the talk global risks. Only the worst of the financial crisis is finally over and get ready for new ones. I'm putting mom this is for us.
Press CTRL+C (Windows), CMD+C (Mac), or long-press the URL below on your mobile device to copy the code