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U.S. Week Ahead: Alcoa may start earnings season with a thud

Saturday, January 07, 2012 - 03:08

Jan. 6 - Alcoa's expected to see a loss of $0.05 a share according to StarMine when it reports fourth-quarter results after the close on Monday. That's compared to a gain of $0.21 a year ago.

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Here is you're US week ahead new and you start to earnings season without results out on Monday but don't expect any streamers. It does feel lost five cents a share according to start -- when it reports after the close. That's compared to a gain of ones that a year ago. Don't blame higher material costs and slumping metal prices it recently that it would cut its global smelting capacity. Investors could be set for a scare when JPMorgan reports its results on Friday the thirteenth before the open though -- Just US bank will act as a barometer for the rest of the financial. Analysts expect the -- will -- its 17%. Decline in fourth quarter earnings to 93 cents a share. Riders breaking news continent Antony Currie says JPMorgan is struggling with industrywide concern. -- as things get ahead in this DA if anything is going to be the market slowdown -- continues. -- things are talking about the Volcker Rule that's not gonna kind of place until late this here at the -- All the story on capital requirements that went in -- debate beginning of next here and execute them. I don't lakers showed up their latest concept designs that the Detroit auto show which starts Sunday. The industry's been revving its engine after a higher sales and rosier financial outlooks from the big free. The focus will be on what companies will be planning for the next year writers deputy editor and he. Polygraph is -- sixth game of chicken with luxury models. -- Is putting out for new ATF's which is their latest attempt yet their latest attempt by the BMW three series the wanna beat three as they call it. So they could -- like an issue for General Motors it is not emerge as a global luxury brands still on the sort of American ghetto. It's go go gadget of Consumer Electronics Show in Vegas Microsoft chief Steve Ballmer will kick off proceedings of the keynote speech on Monday. We'll also hear from the boxes of Google and Xerox. Tech giants like Samsung and Sony will show off their latest inventions. Over 145000. Attendees are expected but the event has routinely overshadowed by the absence of apple yeah. There's a raft of economic data to see your teeth into but here is our top three it may be tan but it's not -- -- the Fed's Beige Book. That is out on Wednesday. That should give us an added doubles snapshot of the economy that's followed by retail sales Thursday and the Reuters University of Michigan sentiment index on Friday that we'll all -- first look at how consumers are feeling in January. And expected doing that with what officials take to the podium we'll hear from the likes of Atlanta president Dennis Lockhart. Cleveland president Sandra can also John Williams the San Francisco and governor Elizabeth do you. Just one hop that could spoil the party Richmond's Jeffrey black. Markets we'll hone in on any clues about how the Federal Reserve will support housing and addressed transparency. I've got to shop there this is writers and signers.

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U.S. Week Ahead: Alcoa may start earnings season with a thud

Saturday, January 07, 2012 - 03:08