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U.S. Week Ahead: Hershey's or IKEA? What does Buffett want?

Friday, May 03, 2013 - 02:40

May 3 - Investors are hoping to hear what's Warren Buffett's next big target at Berkshire Hathaway shareholder meeting on Saturday.

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Warren Buffett has more than 300000. Followers in his first two days on Twitter and 35000. People will be hanging on his every word in Omaha. Investors are hoping to hear what's on his wish list at the Berkshire Hathaway shareholder meeting on Saturday. He'll take five hours of questions about the 262. Billion dollar company and the economy. So far we learn that he won't tell IBM despite its recent earnings meant. Here's the latest from Reuters Rhonda schaffler who is out of conference and this is. Where all happens tomorrow right behind me and after that annual meeting I have an interview with Warren Buffett. I'm asked him if he's worried about a bond bubble also we'll see if he drops any hints about his next -- position usually doesn't. I talked if you money managers about that they gave me some suggestions. They said Warren -- think about my Hershey. Our idea. And we have to suggestions for -- Twitter followers on what Buffett should do next transfer pricing says he should snap up Twitter. And Jared Klein says he should go for JC Penney. On Disney is expected to see soaring profits thanks to stronger at sales at its TV and cable network. According to Citi analyst advertising at its sports network ESP and is expected to grow by over 7% which translates into double digit revenue sports cable division. And Walt Disney parks in the US should increase sales by nearly 7% thanks to warn visitors look out for any news on whether the company's interactive gaming and we'll turn a profit this year. In the meantime investors are betting heavily on the packaging them. Its shares had jumped almost 50% in the last year. Markets will be tuning into fed chair Ben Bernanke on Friday when he speaks about financial regulation. We've already heard from his other colleagues said that it is thinking about getting the biggest banks to ramp up their capital holdings. Beyond what is called for under an international agreement are being dean says that could put -- -- into the financial stocks. -- KBW banking index has declined over 16%. In the last year. Follow us on Twitter at Reuters Insider and get more of our videos and Reuters dot com slash Reuters TV. Investors have been piling into health -- stocks in the wake of obamacare beating the broader market hands down. Money in Tuesday we talk to -- -- and regulators had to Reuters health summit. They include Cigna -- David for -- the head of the FDA Margaret Hamburg and CEO -- Tenet Healthcare Trevor got her. I'm putting this is greater.

U.S. Week Ahead: Hershey's or IKEA? What does Buffett want?

Friday, May 03, 2013 - 02:40

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