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13:58 November 5th, 2009

The day ahead: Friday

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Posted by: Eric Martyn
Tags: From Reuters.com, , , , ,

Employers likely cut payrolls by the least amount in 14 months in October, as the economy’s revival boosted optimism, but the jobless rate is seen touching a fresh 26-year high.

Other highlights:

* Three days after unveiling its $26 billion buyout of Burlington Northern Santa Fe, Warren Buffett’s Berkshire Hathaway reports results.

* AIG, the bailed out insurer, is expected to post its second-straight quarterly profit, helped once more by improvement in asset values.

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