The day ahead: Tuesday
Major automakers are expected to report flat U.S. auto sales for November from a year ago — another sign the industry is on the mend after a bruising downturn that forced extensive restructuring earlier this year. Read preview here.
* The U.S. manufacturing sector is expected to have grown in November, but at a slower pace than October, underscoring the fragility of the economic recovery. The Institute for Supply Management’s manufacturing index reading is estimated at 55.0 in November. Read preview here.
* Tuesday is the deadline for shareholders of Norwegian video conferencing system maker Tandberg to accept Cisco’s takeover offer.
* The Street will look for any signal from Staples of an uptick in sales to small businesses and a report card of the office-products retailer’s performance in the back-to-school season when it reports quarterly results.
* At the second day of the Reuters Media Summit, being held in New York and London, we speak with Time Warner Cable Chairman, President & CEO Glenn Britt and Electronic Arts CEO John Riccitiello.