The day ahead: Friday

October 15, 2009

Investors have bid up General Electric shares to almost triple their March lows but the largest U.S. conglomerate will have to deliver solid quarterly results for the stock to rise much further.

*  Bank of America may update investors on its search for a new CEO – or at least an “emergency” or “interim” replacement for Ken Lewis when it reports results. Mattel and Halliburton also report quarterly results.

*  The Federal Reserve’s September Industrial Production report will probably show a moderation in output to 0.2 percent.

*  Friday is the deadline for an indictment in the case of a Goldman Sachs programmer accused of stealing trade secrets.

One comment

We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see

what exactly are you expecting GE to post? such vague comments are hardly helpful.

Posted by pet robot | Report as abusive