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U.S. Day Ahead: Cisco to report higher earnings

Wednesday, May 09, 2012 - 02:04

May 8 - Cisco is releasing earnings tomorrow and Thomson Reuters analyst Jharonne Martis says the company is undervalued. Also, eying reports from Macy's, News Corporation and travel website Priceline.com.

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As expected to report higher earnings tomorrow after the close Thomson Reuters analysts around artist says the company dealt well with weakness in the global economy the company has executed well this water. And has she improved strong demand to help outside those weaknesses according to the intrinsic valuation model and market like growth rate it's three and a half percent and the companies should actually be growing at 8% over the next ten years. Also reporting earnings Macy's the retailer recently and sales estimates for April as -- whether it's. Still some of the -- shoppers sound earlier this year we'll also get reports from news our travel web site priceline.com. Dean Foods and telecommunications company -- streaming. Speakers out about Federal Reserve Bank of Minneapolis president carry -- a graduate of both being in Minneapolis about monetary policy. Federal Reserve Bank of Cleveland president Sandra can't -- -- we'll talk about women's leadership. In Lexington Kentucky. Billy pets Charles authors that speak during their reinventing -- -- conference in Philadelphia he head on another front the US chamber of commerce holds it's partly economic briefing to discuss the state of the economy. It isn't like day on the economic data front we'll get the weekly mortgage refinancing index along with wholesale inventories for march. Economists polled by Reuters expect inventories to rise by 61%. Which would be it decrease from the prior month. Hundreds of demonstrators expected to -- -- Bank of America and a meeting in Charlotte, North Carolina. The protesters want to voice their anger over from poachers corporate taxes and US economic Malays and Bank of America's CEO Brian joining him will be -- say he's improved capital levels since 2001. But he will likely face. Tough questions about the bank's ability to make money and one day increase dividends. I'm -- -- there this is Rutgers.

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U.S. Day Ahead: Cisco to report higher earnings

Wednesday, May 09, 2012 - 02:04