U.S. Day Ahead: What do these CEOs have in common?
Wednesday, November 14, 2012 - 03:03
Nov 13 - GE's Jeff Immelt, Wal-Mart's Michael Duke, Xerox's Ursula Burns and Ford's Alan Mulally are a part of a group of bosses meeting President Obama about the fiscal cliff.
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Why do GE's -- and all of Wal-Mart Michael do you. Xerox's Kirk Barton's and Ford's Alan Mulally have in common they are part of a group of twelve top CEO is heading to the white house on Wednesday to give their take on how to avoid falling off the vessel equipped with about seven weeks ago to ever 600 billion dollars -- -- spending cuts and tax -- It he had been vocal about finding a solution. Billionaire investor Wilbur Ross is the latest voice he told insider we could be serious consequences -- no compromise is found. Polish on the economy in the sense of avoiding double dip recession assuming we don't go over the fiscal cliff. If we do -- for the fiscal cliff I have no doubt that we will be in a recession again so that's a real. Event. President Obama also will give a news conference where he is sure talk about the fiscal cliff he last spoke publicly on Friday. CEO Steve bomber could face some tough questions when he speaks about Microsoft's future an LA. Date on the modest sales of service -- -- wanna note the logic behind the departure of demons or not he. The man who -- the unit that launched the windows eight. Analysts are concerned bomber may be driving the weight talent just the company needs it most. Microsoft shares are down 7%. Since October. What's this about where the superstar at the Wall Street are making their big that's. High profile fund managers ranging from Warren Buffett to George Torres and David Einhorn will report their holdings through thirteen F filings. This will be for the third quarter by the numbers will be -- for future trends. And the last few months there have been a lot of talk about billionaire investor than buying into health care we'll see if they maintain their position war got cold feet. Well singing to superstars of the street we find out who makes the cut and Goldman Sachs to become a partner hits. Position as it comes with a bigger bonus and more they over strategy. The bank is expected to announce a significantly lower number of partner from being 110 from two years ago. Some -- thing it might be the lowest number since Goldman went public. In 1999. Your -- had digit is point 3% that's why how much retail sales are expected fall in October according to our experts I have far. Putting a -- to three months of growth. Three superstars anti apple. I have artist Andy probably put the brakes on auto sales in the northeast. Plus gas prices fell this is also likely bought fewer iphones. Really affect our -- to be short lived thanks partly to the iPad mini coming on line. They would in fact -- great TV or more on the big market movers on Wednesday. AIG boss Robert Daniel -- tells us why he served I think you from the US. Why he'd like Indiana Jones and it's because he hates me. I'm -- mom this has --
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