U.S. Week Ahead: Bruised JPM could surprise with results
Friday, April 05, 2013 - 02:26
Apr 5 - Don't count JPMorgan out yet. The Wall Street titan could surprise to the upside when it reports earnings according to StarMine.
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Congress and the magic shot and JPMorgan now investors. Had dared turn on Friday when the big reports results. The street titans -- profits rise by 9% from a year ago. Flat compared to the last quarter to blame falling net interest margin. Money makes lightning but aren't -- -- -- -- -- at the -- -- CJP Morgan has a strong chance of beating earnings by three cents a share. It is expected to make more money from fees and cut costs faster than expected. Shares are riding high up 8% so far this year. We'll also hear from seven other S&P 500 companies including -- -- on Friday. Are set to be the top of the sector of our earnings in the first quarter according to the latest Thomson Reuters that. -- discretionary time caught Martin's second and third. Perhaps the biggest question facing investors this week. In fact the next big move after those disastrous job numbers we could get more clues when chairman Ben Bernanke speaks on money -- financial markets conference. Party PT says pay attention to any comments about ramping up stimulus the economy -- ten minutes. According to the latest Reuters poll that it's likely to spend one billion dollars on on buying -- intern program. Don't forget we also get -- minutes from the Fed's last policy meeting on Wednesday. -- talk retailers buried in March with the latest chain store sales on Thursday girls are to grow and -- 2%. That's down from last year's 3%. Analysts say tax hikes are taking the wind out of consumers'. It feels -- add more pressure on retail jobs and they were the biggest drag on the labor market in March. And we'll get another chance to take the halls of the consumer with retail sales on Friday -- -- -- aren't saying it could -- items. 0% in March after the previous months by a few worried sales drop further by two tenths of a percent -- -- Gary -- and faster than. Follow us on Twitter at Reuters Insider and get more of our great video that Reuters dot com slash ratings TB. Catch our latest interview with hedge fund guru bill Hackman he tells impact players Robert wolf why JC Penney at the risk -- I sat in his portfolio. -- by the amount of bats meet against his short. -- I'm Heidi mom this is writers.
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