U.S. Week Ahead: Retailers to see rebound in results
Friday, August 09, 2013 - 02:37
Aug 9 - Retailers including Macy's, Nordstrom and Walmart report earnings next week. Sales are expected to be higher than the quarter before thanks to back-to-school sales.
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Here -- the top three stories you need to watch for next week we've got two big IPO out next week. First stop and visit health care is looking to go public with the 752. Million dollar deal. The company generated revenues of 3.3 billion dollars last year that's according to the IPO filing. Next up third point reinsurance plans to raise as much as 322. Million dollars and it's offering. Third point about that's Dan -- management empire it's going to be. Controlling the majority of the company expect information and any news on how the company plans on tapping into the rising demand for insurance. Speaking of -- low -- and Sony will continue their battle. Onerous spinoff and Sony entertainment on. Now not agitated investors. JC Penney will continue its search for new CEO that's after bill -- -- hand hate Ron Johnson who was ousted back in April and replaced. By former CEO Myron -- Now after his judgment he wants to ATP board members to make a decision in the next thirty to 45 days. Investors will be watching for any news on eco options. Next that they -- drama continues. Carl Icahn is heading to court on Monday he's suing Dell board members. For allegedly manipulating shareholder vote by delaying the decision. Now he backing himself into a corner fewer price cut its stake in Dell earlier this week from 4% to two point 8%. And funeral was one of the most influential allies of investor Carl I American shoppers are frightened -- next week with some of the big retailers report. We'll see numbers from Nordstrom's to cool to meet -- the most important retailer is Wal-Mart the report QQ earnings on Thursday. Is back to school fees and the Wall Street will be curious to know how shoppers are feeling in the current economy. Overall. At retail sales number out as well greater analysts estimate the July number to be point 3%. From LA -- Stanford's fifth and thirty minutes how about that. On Monday it has -- Elon -- we'll talk about the early which doesn't get you from LA to San Francisco and half an hour. Are we got him -- stock is up over 400%. In the last year. Make it a follow us on Twitter at Richard insider and get more of our video that where -- dot com flat screen TV. I'm betting on this is greater.
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