FINANCIAL WATCH
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The week ahead
The Dow opens for trading Monday riding a three-week winning streak, its best run this year.
Monday
Institute for Supply Management services index (April). Earnings: Marvel Entertainment, Weight Watchers
Tuesday
Earnings: Cisco Systems, D.R. Horton, Fannie Mae, Henry Schein, Walt Disney
Wednesday
Pending home sales, consumer credit (March). Earnings: DirecTV
Thursday
Earnings: AIG, Cablevision
Friday
Trade balance (March)
Overheard
"We are in a recession; this report doesn't change that. What it does is support the idea that the downturn will be mild."
- Economist Ellen Zentner after the government said employers cut fewer jobs than forecast in April
On Monday
Independent food stores forced to cope with
higher prices.
In LI Business
Copyright © 2008, Newsday Inc.
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