Kraft Profit Down 20% The food and beverage maker said its third-quarter profit fell 20 percent from year-ago results that included a one-time gain. Investments in new products and high dairy costs also depressed the late... Read Full Article Home Depot Redoing Deal The home improvement retailer Home Deport said it was renegotiating the sale of its supply unit, probably for a lower price.... Read Full Article World Briefing | Africa: Senegal: Another Ton Of Cocaine Seized Senegalese authorities confiscated more than 1.2 tons of cocaine and at least seven people ? four South Americans and three Senegalese ? have been arrested.... Read Full Article ?The Kite Runner? Is Delayed To Protect Child Stars Paramount Vantage is delaying the release of ?The Kite Runner? to get its three schoolboy stars out of Kabul, Afghanistan.... Read Full Article Arsenal Striker Has Leg Broken By Illegal Tackle At Birmingham Eduardo da Silva broke his leg in Arsenal’s English Premier League game Saturday at Birmingham, and he is expected to miss the European Championships.... Read Full Article |
Looking Ahead: This Week’s Planned Economic ReportsRATE CUT EXPECTED The Federal Reserve meets on Tuesday, when it will decide how deeply to cut interest rates. A cut of a half point to three-quarters of a point is expected. ECONOMIC SIGNALS Economic reports this week will include fourth-quarter current account deficit and industrial production and capacity utilization for February (Monday); producer price index for February and February housing starts (Tuesday); and leading economic indicators (Thursday). COMPANY REPORTS Earnings will be dominated by the big Wall Street banks. Reports will come from Bear Stearns (Monday); Adobe Systems, Darden Restaurants, Goldman Sachs and Lehman Brothers (Tuesday); Borders, General Mills, Morgan Stanley and Nike (Wednesday); and 3Com, Barnes & Noble and Palm (Thursday). VISA’S PUBLIC OFFERING Visa will price its initial public offering on Tuesday. The company plans to offer 406 million shares at $37 to $42 a share in a bid to raise about $15.8 billion, based on the midpoint of its price range. ET CETERA Advertising Age will have a digital marketing conference in New York (Tuesday and Wednesday). The New York International Automobile Show will have its press preview on Wednesday and Thursday. It opens to the public on Friday. It is a short week, with markets closed for Good Friday. Tag CloudExternal InformationAdditional InformationPre-poll rate rise would be a first...EBay’s Founder Selects Philanthropy Director... Ex-Putnam Chief Settles... New Reports Signal Economic Slowdown... Where Am I?News Main Page - Business - Looking Ahead: This Week’s Planned Economic Reports |
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