From Reuters.com
The day ahead: Friday
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.
The day ahead: Tuesday
Earnings season begins in earnest with Dow components Intel and Johnson & Johnson reporting quarterly results.
* Intel reports what are expected to be relatively strong third quarter earnings.
The day ahead
Here’s what to expect on Reuters.com on Wednesday, Aug. 26:
Durable goods orders, new home sales data and earnings from Dollar Tree and Williams-Sonoma are among the highlights expected Wednesday.
* Orders for durable goods such as motor vehicles, aircraft and refrigerators probably rebounded in July, supporting views that the manufacturing sector is starting to heal.
